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Insmed Incorporated

NASDAQ•INSM
執行長: Mr. William H. Lewis J.D., M.B.A.
板塊: Healthcare
行業: Medical - Pharmaceuticals
上市日期: 2000-06-01
Insmed Incorporated, a biopharmaceutical company, develops and commercializes therapies for patients with serious and rare diseases in the United States, Europe, Japan, and internationally. The company offers ARIKAYCE for the treatment of Mycobacterium avium complex lung disease as part of a combination antibacterial drug regimen for adult patients. It is also developing Brensocatib, an oral reversible inhibitor of dipeptidyl peptidase 1 for the treatment of patients with bronchiectasis and other neutrophil-mediated diseases; and Treprostinil Palmitil Inhalation Powder, an inhaled formulation of a treprostinil prodrug treprostinil palmitil for the treatment of pulmonary hypertension associated with interstitial lung disease and pulmonary arterial hypertension. The company was founded in 1988 and is headquartered in Bridgewater, New Jersey.
聯絡資訊
700 US Highway 202/206, Bridgewater, NJ, 08807, United States
908-977-9900
www.insmed.com
市值
$32.58B
本益比 (TTM)
-25.3
113.4
股息率
--
52周最高
$212.75
52周最低
$63.81
52周範圍
59%
排名71Top 99.6%
1.0
F-Score
改良版 Piotroski 分析
基於 10 年期基本面
疲弱 • 1 / 9 分
評分區間 (0-9)
8-9: 價值優異
6-7: 基本面強勁
4-5: 整體穩健
0-3: 表現疲弱
資料區間: 2016-2025

財務儀表板

Q4 2025 數據

營業收入

$263.84M+0.00%
近4季度走勢

每股收益

-$1.54+0.00%
近4季度走勢

自由現金流

-$294.19M+0.00%
近4季度走勢

2025 Annual 財報亮點

核心亮點

Total Product Revenues Surge Total product revenues reached $606.4M in 2025, up 66.7% from $363.7M in 2024, driven by new product sales.
BRINSUPRI US Commercial Sales US commercial sales of BRINSUPRI generated $172.7M following its FDA approval in August 2025, marking a major launch.
ARIKAYCE International Growth ARIKAYCE international sales grew 40.9% to $153.5M in 2025, demonstrating successful expansion outside the US market.
Cash and Securities Position Cash and marketable securities totaled $1.43B ($510.4M cash) as of December 31, 2025, supporting near-term operations.

關注風險

Net Loss Widened Significantly Net loss widened to $(1,276.8M) in 2025; company has history of operating losses since 2010, requiring future capital.
Full ARIKAYCE Approval Contingent Full ARIKAYCE approval depends on successful ENCORE trial data expected by April 2026; failure risks material adverse effect.
Operating Expenses Increased Sharply R&D expenses rose 28.9% to $771.1M; SG&A expenses increased 52.1% to $701.2M in 2025 due to headcount and commercial readiness.
IP Protection and Litigation Risk Success highly dependent on protecting proprietary technology; litigation risk remains high globally, potentially diminishing asset value.

未來展望

ARIKAYCE Label Expansion Plan Plan to submit sNDA for ARIKAYCE label expansion in H2 2026 if ENCORE trial data confirm clinical benefit.
BRINSUPRI International Decisions Anticipate regulatory decisions for BRINSUPRI in UK and Japan during 2026; evaluating US policy impact on future launches.
Advance Pipeline Programs Initiate Phase 3 TPIP study for PAH in H1 2026 and advance INS1148 into Phase 2 development programs.
Capital Deployment Strategy Control spending, prudently deploying capital to support best return-generating opportunities while managing substantial debt obligations.

同行對比

營業收入 (TTM)

CAH stock ticker logoCAH
$244.49B
+10.1%
HUM stock ticker logoHUM
$129.66B
+10.1%
TAK stock ticker logoTAK
$30.01B
-2.0%

毛利率 (最新季度)

ONC stock ticker logoONC
90.5%
+3.1pp
INSM stock ticker logoINSM
82.5%
-18.6pp
HLN stock ticker logoHLN
65.0%
+0.7pp

關鍵指標

股票代碼
市值
本益比 (TTM)
股東權益報酬率 (TTM)
負債率
TAK$56.30B78.81.6%31.5%
CAH$50.40B30.3-58.9%15.5%
HLN$43.83B31.56.4%26.4%

長期趨勢

近4季度
營業收入
淨利
營運現金流
4季度營業收入複合增長率
41.7%
高速增長
4季度淨利複合增長率
N/M
盈利狀態轉變
現金流穩定性
0%
現金流需要關注

深度研究

下次財報:2026年4月30日
|
每股收益:-$1.00
|
營業收入:$302.64M
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