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Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) 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 $270.8M, roughly 1.2× HUTCHMED (China) Ltd). HUTCHMED (China) Ltd runs the higher net margin — 0.7% vs -39.4%, a 40.1% gap on every dollar of revenue. On growth, SOLAREDGE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (70.9% vs -16.5%). SOLAREDGE TECHNOLOGIES, INC. produced more free cash flow last quarter ($43.3M vs $3.4M).

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

SolarEdge Technologies, Inc. is an Israeli company that developed a DC optimized inverter system.

HCM vs SEDG — Head-to-Head

Bigger by revenue
SEDG
SEDG
1.2× larger
SEDG
$335.4M
$270.8M
HCM
Growing faster (revenue YoY)
SEDG
SEDG
+87.5% gap
SEDG
70.9%
-16.5%
HCM
Higher net margin
HCM
HCM
40.1% more per $
HCM
0.7%
-39.4%
SEDG
More free cash flow
SEDG
SEDG
$40.0M more FCF
SEDG
$43.3M
$3.4M
HCM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HCM
HCM
SEDG
SEDG
Revenue
$270.8M
$335.4M
Net Profit
$2.0M
$-132.1M
Gross Margin
37.7%
22.2%
Operating Margin
-13.2%
-14.4%
Net Margin
0.7%
-39.4%
Revenue YoY
-16.5%
70.9%
Net Profit YoY
-83.6%
54.0%
EPS (diluted)
$0.00
$-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.

Revenue
HCM
HCM
SEDG
SEDG
Q4 25
$270.8M
$335.4M
Q3 25
$340.2M
Q2 25
$277.7M
$289.4M
Q1 25
$324.5M
$219.5M
Q4 24
$196.2M
Q3 24
$235.4M
Q2 24
$305.7M
$265.4M
Q1 24
$204.4M
Net Profit
HCM
HCM
SEDG
SEDG
Q4 25
$2.0M
$-132.1M
Q3 25
$-50.1M
Q2 25
$455.0M
$-124.7M
Q1 25
$11.9M
$-98.5M
Q4 24
$-287.4M
Q3 24
$-1.2B
Q2 24
$25.8M
$-130.8M
Q1 24
$-157.3M
Gross Margin
HCM
HCM
SEDG
SEDG
Q4 25
37.7%
22.2%
Q3 25
21.2%
Q2 25
0.1%
11.1%
Q1 25
48.0%
8.0%
Q4 24
-57.2%
Q3 24
-309.1%
Q2 24
41.1%
-4.1%
Q1 24
-12.8%
Operating Margin
HCM
HCM
SEDG
SEDG
Q4 25
-13.2%
-14.4%
Q3 25
-10.3%
Q2 25
-1.3%
-39.9%
Q1 25
-5.0%
-46.8%
Q4 24
-134.4%
Q3 24
-471.8%
Q2 24
-9.0%
-60.4%
Q1 24
-85.0%
Net Margin
HCM
HCM
SEDG
SEDG
Q4 25
0.7%
-39.4%
Q3 25
-14.7%
Q2 25
163.8%
-43.1%
Q1 25
3.7%
-44.9%
Q4 24
-146.5%
Q3 24
-522.8%
Q2 24
8.4%
-49.3%
Q1 24
-77.0%
EPS (diluted)
HCM
HCM
SEDG
SEDG
Q4 25
$0.00
$-2.21
Q3 25
$-0.84
Q2 25
$0.52
$-2.13
Q1 25
$0.01
$-1.70
Q4 24
$-5.00
Q3 24
$-21.58
Q2 24
$0.03
$-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
HCM
HCM
SEDG
SEDG
Cash + ST InvestmentsLiquidity on hand
$1.4B
$493.2M
Total DebtLower is stronger
$93.2M
Stockholders' EquityBook value
$1.2B
$427.5M
Total Assets
$1.8B
$2.2B
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCM
HCM
SEDG
SEDG
Q4 25
$1.4B
$493.2M
Q3 25
$498.6M
Q2 25
$1.4B
$758.0M
Q1 25
$836.1M
$651.6M
Q4 24
$585.9M
Q3 24
$678.8M
Q2 24
$802.5M
$689.8M
Q1 24
$680.6M
Total Debt
HCM
HCM
SEDG
SEDG
Q4 25
$93.2M
Q3 25
Q2 25
$93.4M
Q1 25
$82.8M
Q4 24
Q3 24
Q2 24
$82.1M
Q1 24
Stockholders' Equity
HCM
HCM
SEDG
SEDG
Q4 25
$1.2B
$427.5M
Q3 25
$479.8M
Q2 25
$1.2B
$513.2M
Q1 25
$759.9M
$594.2M
Q4 24
$658.3M
Q3 24
$930.9M
Q2 24
$740.1M
$2.1B
Q1 24
$2.2B
Total Assets
HCM
HCM
SEDG
SEDG
Q4 25
$1.8B
$2.2B
Q3 25
$2.2B
Q2 25
$1.8B
$2.5B
Q1 25
$1.3B
$2.5B
Q4 24
$2.6B
Q3 24
$2.8B
Q2 24
$1.3B
$3.9B
Q1 24
$4.2B
Debt / Equity
HCM
HCM
SEDG
SEDG
Q4 25
0.08×
Q3 25
Q2 25
0.08×
Q1 25
0.11×
Q4 24
Q3 24
Q2 24
0.11×
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
HCM
HCM
SEDG
SEDG
Operating Cash FlowLast quarter
$8.2M
$52.6M
Free Cash FlowOCF − Capex
$3.4M
$43.3M
FCF MarginFCF / Revenue
1.2%
12.9%
Capex IntensityCapex / Revenue
1.8%
2.8%
Cash ConversionOCF / Net Profit
4.21×
TTM Free Cash FlowTrailing 4 quarters
$-96.2M
$80.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCM
HCM
SEDG
SEDG
Q4 25
$8.2M
$52.6M
Q3 25
$25.6M
Q2 25
$-72.9M
$-7.8M
Q1 25
$40.3M
$33.8M
Q4 24
$37.8M
Q3 24
$-89.3M
Q2 24
$-39.8M
$-44.8M
Q1 24
$-217.0M
Free Cash Flow
HCM
HCM
SEDG
SEDG
Q4 25
$3.4M
$43.3M
Q3 25
$22.8M
Q2 25
$-82.2M
$-9.1M
Q1 25
$32.5M
$23.7M
Q4 24
$25.5M
Q3 24
$-136.7M
Q2 24
$-49.9M
$-67.0M
Q1 24
$-243.4M
FCF Margin
HCM
HCM
SEDG
SEDG
Q4 25
1.2%
12.9%
Q3 25
6.7%
Q2 25
-29.6%
-3.1%
Q1 25
10.0%
10.8%
Q4 24
13.0%
Q3 24
-58.1%
Q2 24
-16.3%
-25.2%
Q1 24
-119.1%
Capex Intensity
HCM
HCM
SEDG
SEDG
Q4 25
1.8%
2.8%
Q3 25
0.8%
Q2 25
3.3%
0.4%
Q1 25
2.4%
4.6%
Q4 24
6.2%
Q3 24
20.1%
Q2 24
3.3%
8.4%
Q1 24
12.9%
Cash Conversion
HCM
HCM
SEDG
SEDG
Q4 25
4.21×
Q3 25
Q2 25
-0.16×
Q1 25
3.38×
Q4 24
Q3 24
Q2 24
-1.54×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HCM
HCM

Segment breakdown not available.

SEDG
SEDG

Other$197.7M59%
Europe Except Netherlands$99.4M30%
Others$38.2M11%

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