FOLD AMICUS THERAPEUTICS, INC.

FY2025 10-K
Filed: Feb 20, 2026
Health Care
Pharmaceutical PreparationsSEC EDGAR

AMICUS THERAPEUTICS, INC. (FOLD) filed its fiscal year 2025 10-K annual report with the SEC on Feb 20, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Global biotechnology company focused on developing transformative rare disease medicines including Fabry and Pompe disease therapies
  • New emphasis: Licensed exclusive U.S. commercialization rights to Phase 3 FSGS drug candidate DMX-200 in April 2025
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Management Discussion & Analysis

  • Revenue $634.2M, up $105.9M YoY from $528.3M driven by Galafold and Pombiliti+Opfolda growth plus $13.5M currency impact
  • Gross profit $561.3M vs $475.4M; cost of goods sold $72.9M vs $52.9M; operating loss narrowed with net loss $27.1M vs $56.1M
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Risk Factors

  • Regulatory risk: Pending merger requires Hart-Scott-Rodino Act antitrust approval and clearance from EU and Japanese authorities, risking delays or termination
  • Geopolitical risk: Transaction contingent on foreign direct investment approvals in European and Japanese markets, exposing reliance on international regulatory outcomes
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Financial Summary
XBRL

Revenue

$634M

Net Income

-$27M

Gross Margin

88.5%

Operating Margin

5.2%

Net Margin

-4.3%

ROE

-9.9%

Total Assets

$950M

EPS (Diluted)

$-0.09

Operating Cash Flow

$33M

Source: XBRL data from AMICUS THERAPEUTICS, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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