AMICUS THERAPEUTICS, INC.

EDGAR

Annual consolidated revenue for 2025: about USD 634.2M, using the latest reported figures. The previous period, 2024, was about USD 528.3M.

Watchlist

Latest quarter

Revenue

185 million USD

2025 Q4 · USD

Exact inputs and evidence

Operating margin

8.61%

2025 Q4 · %

Exact inputs and evidence
  • Operating Income: 32789000 USD Source
  • Operating Income: 16843000 USD Source
  • Revenue: 634210000 USD Source
  • Revenue: 448998000 USD Source

Operating cash flow

16.3 million USD

2025 Q4 · USD

Exact inputs and evidence
  • Operating Cash Flow: 33145000 USD Source
  • Operating Cash Flow: 16892000 USD Source

Free cash flow

16 million USD

2025 Q4 · USD

Exact inputs and evidence
  • Operating Cash Flow: 33145000 USD Source
  • Operating Cash Flow: 16892000 USD Source
  • Capital Expenditure: 3296000 USD Source
  • Capital Expenditure: 2997000 USD Source
Cash and cash equivalents
214 million USD Source
Exact value

214010000 USD

Long-term debt including current maturities
393 million USD Source
Exact value

392660000 USD

Shares outstanding
311 million shares Source
Exact value

310853963 shares

Reported share-count change

3.95% · 11.8 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 299041653 shares · 2024-12-31· Source
  • 310853963 shares · 2025-12-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

634 million USD

2025-01-01 – 2025-12-31

Exact inputs and evidence
  • Revenue: 125249000 USD · 2025-01-01 – 2025-03-31 Source
  • Revenue: 154688000 USD · 2025-04-01 – 2025-06-30 Source
  • Revenue: 169061000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 634210000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 448998000 USD · 2025-01-01 – 2025-09-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-03-03.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 7 of 11 periods available· newest 2025-12-31
  • Operating income: 10 of 11 periods available· newest 2025-12-31
  • Net income: 10 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 10 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 10 of 11 periods available· newest 2025-12-31
  • Total assets: 8 of 11 periods available· newest 2025-12-31
  • Total liabilities: 8 of 11 periods available· newest 2025-12-31
  • Current assets: 8 of 11 periods available· newest 2025-12-31
  • Current liabilities: 8 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 9 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 7 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 8 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +20%

    Prior period

    USD 528.3 million

    –

    Current period

    USD 634.21 million

    –

    Exact inputs and evidence

    634210000 − 528295000 = 105915000 USD

    528295000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    634210000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +USD 29 million

    Prior period

    −USD 56.11 million

    –

    Current period

    −USD 27.11 million

    –

    Exact inputs and evidence

    -27110000 − -56106000 = 28996000 USD

    -56106000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -27110000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +USD 67.04 million

    Prior period

    −USD 33.89 million

    –

    Current period

    USD 33.15 million

    –

    Exact inputs and evidence

    33145000 − -33891000 = 67036000 USD

    -33891000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    33145000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    -7.2%

    Prior period

    USD 3.55 million

    –

    Current period

    USD 3.3 million

    –

    Exact inputs and evidence

    3296000 − 3553000 = -257000 USD

    3553000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    3296000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 634.21 million 100% of revenue
  • Cost of revenue USD 72.93 million 11% of revenue
  • Operating expenses USD 528.49 million 83% of revenue
  • Operating income USD 32.79 million 5.2% of revenue
  • Tax, interest and other Derived USD 59.9 million 9.4% of revenue
  • Net income −USD 27.11 million −4.3% of revenue

Cash

  • Operating cash flow USD 33.15 million 5.2% of revenue
  • Capital expenditure USD 3.3 million 0.5% of revenue
  • Free cash flow Derived USD 29.85 million 4.7% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2019 Operating loss: operating costs were 267% of revenue.
  • 2020 Operating loss: operating costs were 195% of revenue.
  • 2021 Operating loss: operating costs were 168% of revenue.
  • 2022 Operating loss: operating costs were 164% of revenue.
  • 2023 Operating loss: operating costs were 119% of revenue.
  • 2024 Net loss: net income was −11% of revenue.
  • 2025 Net loss: net income was −4.3% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2019 2019-01-01 – 2019-12-31182237000 486274000 Derived -304037000 52351000 Derived -356388000 -270428000 Derived
Source
2020 2020-01-01 – 2020-12-31260886000 507884000 Derived -246998000 29854000 Derived -276852000 -236517000 Derived
Source
2021 2021-01-01 – 2021-12-31305514000 511948000 Derived -206434000 44026000 Derived -250460000 -206375000 Derived
Source
2022 2022-01-01 – 2022-12-31329233000 541353000 Derived -212120000 24448000 Derived -236568000 -170341000 Derived
Source
2023 2023-01-01 – 2023-12-31399356000 476567000 Derived -77211000 74373000 Derived -151584000 -76531000 Derived
Source
2024 2024-01-01 – 2024-12-31528295000 503419000 Derived 24876000 80982000 Derived -56106000 -37444000 Derived
Source
2025 2025-01-01 – 2025-12-31634210000 601421000 Derived 32789000 59899000 Derived -27110000 29849000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 634.2M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.684.9M513.7M342.5M171.2M0.0201920222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Revenue182237000
2020Revenue260886000
2021Revenue305514000
2022Revenue329233000
2023Revenue399356000
2024Revenue528295000
2025Revenue634210000

Revenue growth

Change in revenue from the same financial period one year earlier.

20% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.47%35%23%12%0%201920222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2019Year over yearNo prior comparable period
2020Year over year43.2%
2021Year over year17.1%
2022Year over year7.8%
2023Year over year21.3%
2024Year over year32.3%
2025Year over year20%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 5.2% 2025
Net margin -4.3% 2025
Free cash flow margin 4.7% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.21%-37%-95%-153%-212%201920222025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2019Operating margin-166.8%
2020Operating margin-94.7%
2021Operating margin-67.6%
2022Operating margin-64.4%
2023Operating margin-19.3%
2024Operating margin4.7%
2025Operating margin5.2%
2019Net margin-195.6%
2020Net margin-106.1%
2021Net margin-82%
2022Net margin-71.9%
2023Net margin-38%
2024Net margin-10.6%
2025Net margin-4.3%
2019Free cash flow margin-148.4%
2020Free cash flow margin-90.7%
2021Free cash flow margin-67.6%
2022Free cash flow margin-51.7%
2023Free cash flow margin-19.2%
2024Free cash flow margin-7.1%
2025Free cash flow margin4.7%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 33.1M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.55.8M-26.4M-108.6M-190.9M-273.1M201920222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Operating cash flow-250416000
2020Operating cash flow-233290000
2021Operating cash flow-202491000
2022Operating cash flow-166575000
2023Operating cash flow-69091000
2024Operating cash flow-33891000
2025Operating cash flow33145000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 29.8M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.53.9M-33.2M-120.3M-207.4M-294.5M201920222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Free cash flow-270428000
2020Free cash flow-236517000
2021Free cash flow-206375000
2022Free cash flow-170341000
2023Free cash flow-76531000
2024Free cash flow-37444000
2025Free cash flow29849000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

71.1% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.90%67%45%22%0%201920222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2019Liabilities / assets44%
2020Liabilities / assets67.7%
2021Liabilities / assets66%
2022Liabilities / assets83%
2023Liabilities / assets79.4%
2024Liabilities / assets75.3%
2025Liabilities / assets71.1%

Current assets to current liabilities

Current assets divided by current liabilities.

2.84× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.83×3.62×2.41×1.21×0.00×201920222025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2019Current assets / current liabilities4.04×
2020Current assets / current liabilities4.47×
2021Current assets / current liabilities4.09×
2022Current assets / current liabilities3.05×
2023Current assets / current liabilities2.88×
2024Current assets / current liabilities3.39×
2025Current assets / current liabilities2.84×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 200.04 million
Exact value

Exact value: -200042000 USD

2016-01-01 – 2016-12-31: -200042000 USD Inspect Net Income Open source
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−USD 150.15 million
Exact value

Exact value: -150147000 USD

2016-01-01 – 2016-12-31: -150147000 USD Inspect Operating Cash Flow Open source
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USD 5.95 million
Exact value

Exact value: 5951000 USD

2016-01-01 – 2016-12-31: 5951000 USD Inspect Capital Expenditure Open source
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−USD 156.1 million
Calculation and evidence

-150147000 − 5951000 USD

Exact free cash flow: -156098000 USD

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2017 2017-01-01 – 2017-12-31
−USD 284 million
Exact value

Exact value: -284002000 USD

2017-01-01 – 2017-12-31: -284002000 USD Inspect Net Income Open source
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−USD 213.7 million
Exact value

Exact value: -213695000 USD

2017-01-01 – 2017-12-31: -213695000 USD Inspect Operating Cash Flow Open source
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USD 4.53 million
Exact value

Exact value: 4526000 USD

2017-01-01 – 2017-12-31: 4526000 USD Inspect Capital Expenditure Open source
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−USD 218.22 million
Calculation and evidence

-213695000 − 4526000 USD

Exact free cash flow: -218221000 USD

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2018 2018-01-01 – 2018-12-31
−USD 349 million
Exact value

Exact value: -348995000 USD

2018-01-01 – 2018-12-31: -348995000 USD Inspect Net Income Open source
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−USD 299.96 million
Exact value

Exact value: -299955000 USD

2018-01-01 – 2018-12-31: -299955000 USD Inspect Operating Cash Flow Open source
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USD 6.31 million
Exact value

Exact value: 6308000 USD

2018-01-01 – 2018-12-31: 6308000 USD Inspect Capital Expenditure Open source
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−USD 306.26 million
Calculation and evidence

-299955000 − 6308000 USD

Exact free cash flow: -306263000 USD

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2019 2019-01-01 – 2019-12-31
−USD 356.39 million
Exact value

Exact value: -356388000 USD

2019-01-01 – 2019-12-31: -356388000 USD Inspect Net Income Open source
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−USD 250.42 million
Exact value

Exact value: -250416000 USD

2019-01-01 – 2019-12-31: -250416000 USD Inspect Operating Cash Flow Open source
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USD 20.01 million
Exact value

Exact value: 20012000 USD

2019-01-01 – 2019-12-31: 20012000 USD Inspect Capital Expenditure Open source
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−USD 270.43 million
Calculation and evidence

-250416000 − 20012000 USD

Exact free cash flow: -270428000 USD

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2020 2020-01-01 – 2020-12-31
−USD 276.85 million
Exact value

Exact value: -276852000 USD

2020-01-01 – 2020-12-31: -276852000 USD Inspect Net Income Open source
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−USD 233.29 million
Exact value

Exact value: -233290000 USD

2020-01-01 – 2020-12-31: -233290000 USD Inspect Operating Cash Flow Open source
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USD 3.23 million
Exact value

Exact value: 3227000 USD

2020-01-01 – 2020-12-31: 3227000 USD Inspect Capital Expenditure Open source
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−USD 236.52 million
Calculation and evidence

-233290000 − 3227000 USD

Exact free cash flow: -236517000 USD

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2021 2021-01-01 – 2021-12-31
−USD 250.46 million
Exact value

Exact value: -250460000 USD

2021-01-01 – 2021-12-31: -250460000 USD Inspect Net Income Open source
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−USD 202.49 million
Exact value

Exact value: -202491000 USD

2021-01-01 – 2021-12-31: -202491000 USD Inspect Operating Cash Flow Open source
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USD 3.88 million
Exact value

Exact value: 3884000 USD

2021-01-01 – 2021-12-31: 3884000 USD Inspect Capital Expenditure Open source
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−USD 206.38 million
Calculation and evidence

-202491000 − 3884000 USD

Exact free cash flow: -206375000 USD

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2022 2022-01-01 – 2022-12-31
−USD 236.57 million
Exact value

Exact value: -236568000 USD

2022-01-01 – 2022-12-31: -236568000 USD Inspect Net Income Open source
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−USD 166.58 million
Exact value

Exact value: -166575000 USD

2022-01-01 – 2022-12-31: -166575000 USD Inspect Operating Cash Flow Open source
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USD 3.77 million
Exact value

Exact value: 3766000 USD

2022-01-01 – 2022-12-31: 3766000 USD Inspect Capital Expenditure Open source
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−USD 170.34 million
Calculation and evidence

-166575000 − 3766000 USD

Exact free cash flow: -170341000 USD

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2023 2023-01-01 – 2023-12-31
−USD 151.58 million
Exact value

Exact value: -151584000 USD

2023-01-01 – 2023-12-31: -151584000 USD Inspect Net Income Open source
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−USD 69.09 million
Exact value

Exact value: -69091000 USD

2023-01-01 – 2023-12-31: -69091000 USD Inspect Operating Cash Flow Open source
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USD 7.44 million
Exact value

Exact value: 7440000 USD

2023-01-01 – 2023-12-31: 7440000 USD Inspect Capital Expenditure Open source
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−USD 76.53 million
Calculation and evidence

-69091000 − 7440000 USD

Exact free cash flow: -76531000 USD

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2024 2024-01-01 – 2024-12-31
−USD 56.11 million
Exact value

Exact value: -56106000 USD

2024-01-01 – 2024-12-31: -56106000 USD Inspect Net Income Open source
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−USD 33.89 million
Exact value

Exact value: -33891000 USD

2024-01-01 – 2024-12-31: -33891000 USD Inspect Operating Cash Flow Open source
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USD 3.55 million
Exact value

Exact value: 3553000 USD

2024-01-01 – 2024-12-31: 3553000 USD Inspect Capital Expenditure Open source
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−USD 37.44 million
Calculation and evidence

-33891000 − 3553000 USD

Exact free cash flow: -37444000 USD

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2025 2025-01-01 – 2025-12-31
−USD 27.11 million
Exact value

Exact value: -27110000 USD

2025-01-01 – 2025-12-31: -27110000 USD Inspect Net Income Open source
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USD 33.15 million
Exact value

Exact value: 33145000 USD

2025-01-01 – 2025-12-31: 33145000 USD Inspect Operating Cash Flow Open source
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USD 3.3 million
Exact value

Exact value: 3296000 USD

2025-01-01 – 2025-12-31: 3296000 USD Inspect Capital Expenditure Open source
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USD 29.85 million
Calculation and evidence

33145000 − 3296000 USD

Exact free cash flow: 29849000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

272 filings · 4,892 latest values · 4,892 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001178879, 1178879, FOLD, edgar:1178879

Also known as AMICUS THERAPEUTICS INC, AMICUS THERAPEUTICS, INC., Amicus Therapeutics, Inc.