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Side-by-side financial comparison of James River Group Holdings, Inc. (JRVR) 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 $167.7M, roughly 2.0× James River Group Holdings, Inc.). James River Group Holdings, Inc. runs the higher net margin — 19.1% vs -39.4%, a 58.5% gap on every dollar of revenue. On growth, SOLAREDGE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (70.9% vs 32.4%). SOLAREDGE TECHNOLOGIES, INC. produced more free cash flow last quarter ($43.3M vs $-23.6M). Over the past eight quarters, SOLAREDGE TECHNOLOGIES, INC.'s revenue compounded faster (28.1% CAGR vs -8.7%).

James River Corporation was an American pulp and paper company based in Richmond, Virginia, once the largest paper manufacturer in the world.

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

JRVR vs SEDG — Head-to-Head

Bigger by revenue
SEDG
SEDG
2.0× larger
SEDG
$335.4M
$167.7M
JRVR
Growing faster (revenue YoY)
SEDG
SEDG
+38.5% gap
SEDG
70.9%
32.4%
JRVR
Higher net margin
JRVR
JRVR
58.5% more per $
JRVR
19.1%
-39.4%
SEDG
More free cash flow
SEDG
SEDG
$66.9M more FCF
SEDG
$43.3M
$-23.6M
JRVR
Faster 2-yr revenue CAGR
SEDG
SEDG
Annualised
SEDG
28.1%
-8.7%
JRVR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
JRVR
JRVR
SEDG
SEDG
Revenue
$167.7M
$335.4M
Net Profit
$32.1M
$-132.1M
Gross Margin
22.2%
Operating Margin
14.6%
-14.4%
Net Margin
19.1%
-39.4%
Revenue YoY
32.4%
70.9%
Net Profit YoY
149.5%
54.0%
EPS (diluted)
$0.59
$-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
JRVR
JRVR
SEDG
SEDG
Q4 25
$167.7M
$335.4M
Q3 25
$172.7M
$340.2M
Q2 25
$174.8M
$289.4M
Q1 25
$172.3M
$219.5M
Q4 24
$126.7M
$196.2M
Q3 24
$191.5M
$235.4M
Q2 24
$188.3M
$265.4M
Q1 24
$201.1M
$204.4M
Net Profit
JRVR
JRVR
SEDG
SEDG
Q4 25
$32.1M
$-132.1M
Q3 25
$1.0M
$-50.1M
Q2 25
$4.8M
$-124.7M
Q1 25
$9.6M
$-98.5M
Q4 24
$-64.8M
$-287.4M
Q3 24
$-39.4M
$-1.2B
Q2 24
$7.6M
$-130.8M
Q1 24
$15.4M
$-157.3M
Gross Margin
JRVR
JRVR
SEDG
SEDG
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%
Operating Margin
JRVR
JRVR
SEDG
SEDG
Q4 25
14.6%
-14.4%
Q3 25
1.5%
-10.3%
Q2 25
4.2%
-39.9%
Q1 25
9.3%
-46.8%
Q4 24
-57.0%
-134.4%
Q3 24
-27.1%
-471.8%
Q2 24
10.7%
-60.4%
Q1 24
16.4%
-85.0%
Net Margin
JRVR
JRVR
SEDG
SEDG
Q4 25
19.1%
-39.4%
Q3 25
0.6%
-14.7%
Q2 25
2.7%
-43.1%
Q1 25
5.6%
-44.9%
Q4 24
-51.1%
-146.5%
Q3 24
-20.6%
-522.8%
Q2 24
4.0%
-49.3%
Q1 24
7.7%
-77.0%
EPS (diluted)
JRVR
JRVR
SEDG
SEDG
Q4 25
$0.59
$-2.21
Q3 25
$-0.02
$-0.84
Q2 25
$0.06
$-2.13
Q1 25
$0.16
$-1.70
Q4 24
$-2.44
$-5.00
Q3 24
$-1.10
$-21.58
Q2 24
$0.13
$-2.31
Q1 24
$0.35
$-2.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
JRVR
JRVR
SEDG
SEDG
Cash + ST InvestmentsLiquidity on hand
$260.9M
$493.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$538.2M
$427.5M
Total Assets
$4.9B
$2.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JRVR
JRVR
SEDG
SEDG
Q4 25
$260.9M
$493.2M
Q3 25
$238.8M
$498.6M
Q2 25
$220.0M
$758.0M
Q1 25
$279.4M
$651.6M
Q4 24
$362.3M
$585.9M
Q3 24
$359.8M
$678.8M
Q2 24
$672.5M
$689.8M
Q1 24
$305.5M
$680.6M
Stockholders' Equity
JRVR
JRVR
SEDG
SEDG
Q4 25
$538.2M
$427.5M
Q3 25
$503.6M
$479.8M
Q2 25
$492.6M
$513.2M
Q1 25
$484.5M
$594.2M
Q4 24
$460.9M
$658.3M
Q3 24
$530.3M
$930.9M
Q2 24
$541.8M
$2.1B
Q1 24
$539.5M
$2.2B
Total Assets
JRVR
JRVR
SEDG
SEDG
Q4 25
$4.9B
$2.2B
Q3 25
$5.0B
$2.2B
Q2 25
$5.0B
$2.5B
Q1 25
$4.9B
$2.5B
Q4 24
$5.0B
$2.6B
Q3 24
$5.0B
$2.8B
Q2 24
$4.7B
$3.9B
Q1 24
$5.3B
$4.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
JRVR
JRVR
SEDG
SEDG
Operating Cash FlowLast quarter
$-18.8M
$52.6M
Free Cash FlowOCF − Capex
$-23.6M
$43.3M
FCF MarginFCF / Revenue
-14.1%
12.9%
Capex IntensityCapex / Revenue
2.9%
2.8%
Cash ConversionOCF / Net Profit
-0.59×
TTM Free Cash FlowTrailing 4 quarters
$-17.9M
$80.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JRVR
JRVR
SEDG
SEDG
Q4 25
$-18.8M
$52.6M
Q3 25
$34.3M
$25.6M
Q2 25
$25.2M
$-7.8M
Q1 25
$-51.5M
$33.8M
Q4 24
$-247.1M
$37.8M
Q3 24
$-269.9M
$-89.3M
Q2 24
$-8.7M
$-44.8M
Q1 24
$24.1M
$-217.0M
Free Cash Flow
JRVR
JRVR
SEDG
SEDG
Q4 25
$-23.6M
$43.3M
Q3 25
$33.7M
$22.8M
Q2 25
$24.7M
$-9.1M
Q1 25
$-52.7M
$23.7M
Q4 24
$-252.0M
$25.5M
Q3 24
$-270.8M
$-136.7M
Q2 24
$-9.3M
$-67.0M
Q1 24
$23.3M
$-243.4M
FCF Margin
JRVR
JRVR
SEDG
SEDG
Q4 25
-14.1%
12.9%
Q3 25
19.5%
6.7%
Q2 25
14.1%
-3.1%
Q1 25
-30.6%
10.8%
Q4 24
-198.9%
13.0%
Q3 24
-141.4%
-58.1%
Q2 24
-4.9%
-25.2%
Q1 24
11.6%
-119.1%
Capex Intensity
JRVR
JRVR
SEDG
SEDG
Q4 25
2.9%
2.8%
Q3 25
0.4%
0.8%
Q2 25
0.3%
0.4%
Q1 25
0.7%
4.6%
Q4 24
3.9%
6.2%
Q3 24
0.4%
20.1%
Q2 24
0.3%
8.4%
Q1 24
0.4%
12.9%
Cash Conversion
JRVR
JRVR
SEDG
SEDG
Q4 25
-0.59×
Q3 25
33.61×
Q2 25
5.29×
Q1 25
-5.38×
Q4 24
Q3 24
Q2 24
-1.14×
Q1 24
1.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JRVR
JRVR

Excess And Surplus Lines$156.7M93%
Specialty Admitted Insurance$10.9M7%

SEDG
SEDG

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

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