vs
Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and SOLAREDGE TECHNOLOGIES, INC. (SEDG). Click either name above to swap in a different company.
SOLAREDGE TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($335.4M vs $233.0M, roughly 1.4× CSW INDUSTRIALS, INC.). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs -39.4%, a 43.8% gap on every dollar of revenue. On growth, SOLAREDGE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (70.9% vs 20.3%). SOLAREDGE TECHNOLOGIES, INC. produced more free cash flow last quarter ($43.3M vs $22.7M). Over the past eight quarters, SOLAREDGE TECHNOLOGIES, INC.'s revenue compounded faster (28.1% CAGR vs 5.1%).
SolarEdge Technologies, Inc. is an Israeli company that developed a DC optimized inverter system.
CSW vs SEDG — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $335.4M |
| Net Profit | $10.3M | $-132.1M |
| Gross Margin | 39.7% | 22.2% |
| Operating Margin | 7.4% | -14.4% |
| Net Margin | 4.4% | -39.4% |
| Revenue YoY | 20.3% | 70.9% |
| Net Profit YoY | -61.9% | 54.0% |
| EPS (diluted) | $0.62 | $-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 | $233.0M | $335.4M | ||
| Q3 25 | $277.0M | $340.2M | ||
| Q2 25 | $263.6M | $289.4M | ||
| Q1 25 | $230.5M | $219.5M | ||
| Q4 24 | $193.6M | $196.2M | ||
| Q3 24 | $227.9M | $235.4M | ||
| Q2 24 | $226.2M | $265.4M | ||
| Q1 24 | $210.9M | $204.4M |
| Q4 25 | $10.3M | $-132.1M | ||
| Q3 25 | $40.7M | $-50.1M | ||
| Q2 25 | $40.9M | $-124.7M | ||
| Q1 25 | $35.1M | $-98.5M | ||
| Q4 24 | $26.9M | $-287.4M | ||
| Q3 24 | $36.1M | $-1.2B | ||
| Q2 24 | $38.6M | $-130.8M | ||
| Q1 24 | $31.8M | $-157.3M |
| Q4 25 | 39.7% | 22.2% | ||
| Q3 25 | 43.0% | 21.2% | ||
| Q2 25 | 43.8% | 11.1% | ||
| Q1 25 | 44.2% | 8.0% | ||
| Q4 24 | 41.4% | -57.2% | ||
| Q3 24 | 45.6% | -309.1% | ||
| Q2 24 | 47.5% | -4.1% | ||
| Q1 24 | 44.4% | -12.8% |
| Q4 25 | 7.4% | -14.4% | ||
| Q3 25 | 20.5% | -10.3% | ||
| Q2 25 | 20.8% | -39.9% | ||
| Q1 25 | 19.5% | -46.8% | ||
| Q4 24 | 15.3% | -134.4% | ||
| Q3 24 | 22.6% | -471.8% | ||
| Q2 24 | 24.3% | -60.4% | ||
| Q1 24 | 21.0% | -85.0% |
| Q4 25 | 4.4% | -39.4% | ||
| Q3 25 | 14.7% | -14.7% | ||
| Q2 25 | 15.5% | -43.1% | ||
| Q1 25 | 15.2% | -44.9% | ||
| Q4 24 | 13.9% | -146.5% | ||
| Q3 24 | 15.8% | -522.8% | ||
| Q2 24 | 17.1% | -49.3% | ||
| Q1 24 | 15.1% | -77.0% |
| Q4 25 | $0.62 | $-2.21 | ||
| Q3 25 | $2.41 | $-0.84 | ||
| Q2 25 | $2.43 | $-2.13 | ||
| Q1 25 | $2.05 | $-1.70 | ||
| Q4 24 | $1.60 | $-5.00 | ||
| Q3 24 | $2.26 | $-21.58 | ||
| Q2 24 | $2.47 | $-2.31 | ||
| Q1 24 | $2.03 | $-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 | $40.2M | $493.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $427.5M |
| Total Assets | $2.3B | $2.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.2M | $493.2M | ||
| Q3 25 | $31.5M | $498.6M | ||
| Q2 25 | $38.0M | $758.0M | ||
| Q1 25 | $225.8M | $651.6M | ||
| Q4 24 | $213.8M | $585.9M | ||
| Q3 24 | $273.2M | $678.8M | ||
| Q2 24 | $18.9M | $689.8M | ||
| Q1 24 | $22.2M | $680.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
| Q4 25 | $1.1B | $427.5M | ||
| Q3 25 | $1.1B | $479.8M | ||
| Q2 25 | $1.1B | $513.2M | ||
| Q1 25 | $1.1B | $594.2M | ||
| Q4 24 | $1.0B | $658.3M | ||
| Q3 24 | $1.0B | $930.9M | ||
| Q2 24 | $650.2M | $2.1B | ||
| Q1 24 | $615.7M | $2.2B |
| Q4 25 | $2.3B | $2.2B | ||
| Q3 25 | $1.5B | $2.2B | ||
| Q2 25 | $1.5B | $2.5B | ||
| Q1 25 | $1.4B | $2.5B | ||
| Q4 24 | $1.4B | $2.6B | ||
| Q3 24 | $1.4B | $2.8B | ||
| Q2 24 | $1.1B | $3.9B | ||
| Q1 24 | $1.0B | $4.2B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.27× | — |
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 | $28.9M | $52.6M |
| Free Cash FlowOCF − Capex | $22.7M | $43.3M |
| FCF MarginFCF / Revenue | 9.8% | 12.9% |
| Capex IntensityCapex / Revenue | 2.6% | 2.8% |
| Cash ConversionOCF / Net Profit | 2.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | $80.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.9M | $52.6M | ||
| Q3 25 | $61.8M | $25.6M | ||
| Q2 25 | $60.6M | $-7.8M | ||
| Q1 25 | $27.3M | $33.8M | ||
| Q4 24 | $11.6M | $37.8M | ||
| Q3 24 | $66.8M | $-89.3M | ||
| Q2 24 | $62.7M | $-44.8M | ||
| Q1 24 | $22.4M | $-217.0M |
| Q4 25 | $22.7M | $43.3M | ||
| Q3 25 | $58.7M | $22.8M | ||
| Q2 25 | $57.7M | $-9.1M | ||
| Q1 25 | $22.8M | $23.7M | ||
| Q4 24 | $8.5M | $25.5M | ||
| Q3 24 | $61.3M | $-136.7M | ||
| Q2 24 | $59.6M | $-67.0M | ||
| Q1 24 | $17.5M | $-243.4M |
| Q4 25 | 9.8% | 12.9% | ||
| Q3 25 | 21.2% | 6.7% | ||
| Q2 25 | 21.9% | -3.1% | ||
| Q1 25 | 9.9% | 10.8% | ||
| Q4 24 | 4.4% | 13.0% | ||
| Q3 24 | 26.9% | -58.1% | ||
| Q2 24 | 26.3% | -25.2% | ||
| Q1 24 | 8.3% | -119.1% |
| Q4 25 | 2.6% | 2.8% | ||
| Q3 25 | 1.1% | 0.8% | ||
| Q2 25 | 1.1% | 0.4% | ||
| Q1 25 | 2.0% | 4.6% | ||
| Q4 24 | 1.6% | 6.2% | ||
| Q3 24 | 2.4% | 20.1% | ||
| Q2 24 | 1.4% | 8.4% | ||
| Q1 24 | 2.3% | 12.9% |
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 0.71× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
SEDG
| Other | $197.7M | 59% |
| Europe Except Netherlands | $99.4M | 30% |
| Others | $38.2M | 11% |
