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Side-by-side financial comparison of CMB.TECH NV (CMBT) and SOLAREDGE TECHNOLOGIES, INC. (SEDG). Click either name above to swap in a different company.
CMB.TECH NV is the larger business by last-quarter revenue ($592.8M vs $335.4M, roughly 1.8× SOLAREDGE TECHNOLOGIES, INC.). CMB.TECH NV runs the higher net margin — 32.3% vs -39.4%, a 71.7% gap on every dollar of revenue. On growth, SOLAREDGE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (70.9% vs -34.6%).
CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.
SolarEdge Technologies, Inc. is an Israeli company that developed a DC optimized inverter system.
CMBT vs SEDG — Head-to-Head
Income Statement — Q4 FY2024 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $592.8M | $335.4M |
| Net Profit | $191.2M | $-132.1M |
| Gross Margin | — | 22.2% |
| Operating Margin | 46.4% | -14.4% |
| Net Margin | 32.3% | -39.4% |
| Revenue YoY | -34.6% | 70.9% |
| Net Profit YoY | -63.3% | 54.0% |
| EPS (diluted) | $1.01 | $-2.21 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $335.4M | ||
| Q3 25 | — | $340.2M | ||
| Q2 25 | — | $289.4M | ||
| Q1 25 | — | $219.5M | ||
| Q4 24 | $592.8M | $196.2M | ||
| Q3 24 | — | $235.4M | ||
| Q2 24 | — | $265.4M | ||
| Q1 24 | — | $204.4M |
| Q4 25 | — | $-132.1M | ||
| Q3 25 | — | $-50.1M | ||
| Q2 25 | — | $-124.7M | ||
| Q1 25 | — | $-98.5M | ||
| Q4 24 | $191.2M | $-287.4M | ||
| Q3 24 | — | $-1.2B | ||
| Q2 24 | — | $-130.8M | ||
| Q1 24 | — | $-157.3M |
| Q4 25 | — | 22.2% | ||
| Q3 25 | — | 21.2% | ||
| Q2 25 | — | 11.1% | ||
| Q1 25 | — | 8.0% | ||
| Q4 24 | — | -57.2% | ||
| Q3 24 | — | -309.1% | ||
| Q2 24 | — | -4.1% | ||
| Q1 24 | — | -12.8% |
| Q4 25 | — | -14.4% | ||
| Q3 25 | — | -10.3% | ||
| Q2 25 | — | -39.9% | ||
| Q1 25 | — | -46.8% | ||
| Q4 24 | 46.4% | -134.4% | ||
| Q3 24 | — | -471.8% | ||
| Q2 24 | — | -60.4% | ||
| Q1 24 | — | -85.0% |
| Q4 25 | — | -39.4% | ||
| Q3 25 | — | -14.7% | ||
| Q2 25 | — | -43.1% | ||
| Q1 25 | — | -44.9% | ||
| Q4 24 | 32.3% | -146.5% | ||
| Q3 24 | — | -522.8% | ||
| Q2 24 | — | -49.3% | ||
| Q1 24 | — | -77.0% |
| Q4 25 | — | $-2.21 | ||
| Q3 25 | — | $-0.84 | ||
| Q2 25 | — | $-2.13 | ||
| Q1 25 | — | $-1.70 | ||
| Q4 24 | $1.01 | $-5.00 | ||
| Q3 24 | — | $-21.58 | ||
| Q2 24 | — | $-2.31 | ||
| Q1 24 | — | $-2.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $38.9M | $493.2M |
| Total DebtLower is stronger | $2.6B | — |
| Stockholders' EquityBook value | $1.2B | $427.5M |
| Total Assets | $3.9B | $2.2B |
| Debt / EquityLower = less leverage | 2.20× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $493.2M | ||
| Q3 25 | — | $498.6M | ||
| Q2 25 | — | $758.0M | ||
| Q1 25 | — | $651.6M | ||
| Q4 24 | $38.9M | $585.9M | ||
| Q3 24 | — | $678.8M | ||
| Q2 24 | — | $689.8M | ||
| Q1 24 | — | $680.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $427.5M | ||
| Q3 25 | — | $479.8M | ||
| Q2 25 | — | $513.2M | ||
| Q1 25 | — | $594.2M | ||
| Q4 24 | $1.2B | $658.3M | ||
| Q3 24 | — | $930.9M | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $2.2B |
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | $3.9B | $2.6B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $4.2B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.20× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $204.4M | $52.6M |
| Free Cash FlowOCF − Capex | — | $43.3M |
| FCF MarginFCF / Revenue | — | 12.9% |
| Capex IntensityCapex / Revenue | — | 2.8% |
| Cash ConversionOCF / Net Profit | 1.07× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $80.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $52.6M | ||
| Q3 25 | — | $25.6M | ||
| Q2 25 | — | $-7.8M | ||
| Q1 25 | — | $33.8M | ||
| Q4 24 | $204.4M | $37.8M | ||
| Q3 24 | — | $-89.3M | ||
| Q2 24 | — | $-44.8M | ||
| Q1 24 | — | $-217.0M |
| Q4 25 | — | $43.3M | ||
| Q3 25 | — | $22.8M | ||
| Q2 25 | — | $-9.1M | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | — | $25.5M | ||
| Q3 24 | — | $-136.7M | ||
| Q2 24 | — | $-67.0M | ||
| Q1 24 | — | $-243.4M |
| Q4 25 | — | 12.9% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | — | -3.1% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | — | -58.1% | ||
| Q2 24 | — | -25.2% | ||
| Q1 24 | — | -119.1% |
| Q4 25 | — | 2.8% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 4.6% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | — | 20.1% | ||
| Q2 24 | — | 8.4% | ||
| Q1 24 | — | 12.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.07× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMBT
Segment breakdown not available.
SEDG
| Other | $197.7M | 59% |
| Europe Except Netherlands | $99.4M | 30% |
| Others | $38.2M | 11% |