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Side-by-side financial comparison of SOLAREDGE TECHNOLOGIES, INC. (SEDG) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
SOLAREDGE TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($335.4M vs $208.0M, roughly 1.6× VIRTUS INVESTMENT PARTNERS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs -39.4%, a 55.7% gap on every dollar of revenue. On growth, SOLAREDGE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (70.9% vs -10.9%). SOLAREDGE TECHNOLOGIES, INC. produced more free cash flow last quarter ($43.3M vs $-74.1M). Over the past eight quarters, SOLAREDGE TECHNOLOGIES, INC.'s revenue compounded faster (28.1% CAGR vs -3.2%).
SolarEdge Technologies, Inc. is an Israeli company that developed a DC optimized inverter system.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
SEDG vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $335.4M | $208.0M |
| Net Profit | $-132.1M | $33.9M |
| Gross Margin | 22.2% | — |
| Operating Margin | -14.4% | 19.1% |
| Net Margin | -39.4% | 16.3% |
| Revenue YoY | 70.9% | -10.9% |
| Net Profit YoY | 54.0% | -14.2% |
| EPS (diluted) | $-2.21 | $5.15 |
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 | $208.0M | ||
| Q3 25 | $340.2M | $216.4M | ||
| Q2 25 | $289.4M | $210.5M | ||
| Q1 25 | $219.5M | $217.9M | ||
| Q4 24 | $196.2M | $233.5M | ||
| Q3 24 | $235.4M | $227.0M | ||
| Q2 24 | $265.4M | $224.4M | ||
| Q1 24 | $204.4M | $222.0M |
| Q4 25 | $-132.1M | $33.9M | ||
| Q3 25 | $-50.1M | $31.3M | ||
| Q2 25 | $-124.7M | $42.7M | ||
| Q1 25 | $-98.5M | $28.1M | ||
| Q4 24 | $-287.4M | $39.5M | ||
| Q3 24 | $-1.2B | $49.1M | ||
| Q2 24 | $-130.8M | $26.0M | ||
| Q1 24 | $-157.3M | $37.9M |
| 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% | 19.1% | ||
| Q3 25 | -10.3% | 21.7% | ||
| Q2 25 | -39.9% | 21.5% | ||
| Q1 25 | -46.8% | 16.8% | ||
| Q4 24 | -134.4% | 21.7% | ||
| Q3 24 | -471.8% | 24.3% | ||
| Q2 24 | -60.4% | 19.7% | ||
| Q1 24 | -85.0% | 14.5% |
| Q4 25 | -39.4% | 16.3% | ||
| Q3 25 | -14.7% | 14.5% | ||
| Q2 25 | -43.1% | 20.3% | ||
| Q1 25 | -44.9% | 12.9% | ||
| Q4 24 | -146.5% | 16.9% | ||
| Q3 24 | -522.8% | 21.6% | ||
| Q2 24 | -49.3% | 11.6% | ||
| Q1 24 | -77.0% | 17.1% |
| Q4 25 | $-2.21 | $5.15 | ||
| Q3 25 | $-0.84 | $4.65 | ||
| Q2 25 | $-2.13 | $6.12 | ||
| Q1 25 | $-1.70 | $4.05 | ||
| Q4 24 | $-5.00 | $4.65 | ||
| Q3 24 | $-21.58 | $5.71 | ||
| Q2 24 | $-2.31 | $2.43 | ||
| Q1 24 | $-2.75 | $4.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $493.2M | — |
| Total DebtLower is stronger | — | $390.0M |
| Stockholders' EquityBook value | $427.5M | $934.0M |
| Total Assets | $2.2B | $4.3B |
| Debt / EquityLower = less leverage | — | 0.42× |
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 | $585.9M | — | ||
| Q3 24 | $678.8M | — | ||
| Q2 24 | $689.8M | — | ||
| Q1 24 | $680.6M | — |
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M | ||
| Q1 24 | — | $253.0M |
| Q4 25 | $427.5M | $934.0M | ||
| Q3 25 | $479.8M | $918.7M | ||
| Q2 25 | $513.2M | $896.4M | ||
| Q1 25 | $594.2M | $893.7M | ||
| Q4 24 | $658.3M | $897.5M | ||
| Q3 24 | $930.9M | $889.0M | ||
| Q2 24 | $2.1B | $868.7M | ||
| Q1 24 | $2.2B | $871.7M |
| Q4 25 | $2.2B | $4.3B | ||
| Q3 25 | $2.2B | $3.9B | ||
| Q2 25 | $2.5B | $3.7B | ||
| Q1 25 | $2.5B | $3.7B | ||
| Q4 24 | $2.6B | $4.0B | ||
| Q3 24 | $2.8B | $3.6B | ||
| Q2 24 | $3.9B | $3.6B | ||
| Q1 24 | $4.2B | $3.5B |
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | — | 0.29× |
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 | $52.6M | $-67.2M |
| Free Cash FlowOCF − Capex | $43.3M | $-74.1M |
| FCF MarginFCF / Revenue | 12.9% | -35.6% |
| Capex IntensityCapex / Revenue | 2.8% | 3.3% |
| Cash ConversionOCF / Net Profit | — | -1.99× |
| TTM Free Cash FlowTrailing 4 quarters | $80.8M | $100.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $52.6M | $-67.2M | ||
| Q3 25 | $25.6M | $108.3M | ||
| Q2 25 | $-7.8M | $75.8M | ||
| Q1 25 | $33.8M | $-3.8M | ||
| Q4 24 | $37.8M | $1.8M | ||
| Q3 24 | $-89.3M | $69.1M | ||
| Q2 24 | $-44.8M | $70.0M | ||
| Q1 24 | $-217.0M | $-34.5M |
| Q4 25 | $43.3M | $-74.1M | ||
| Q3 25 | $22.8M | $106.9M | ||
| Q2 25 | $-9.1M | $74.2M | ||
| Q1 25 | $23.7M | $-6.8M | ||
| Q4 24 | $25.5M | $-3.8M | ||
| Q3 24 | $-136.7M | $68.7M | ||
| Q2 24 | $-67.0M | $68.6M | ||
| Q1 24 | $-243.4M | $-36.5M |
| Q4 25 | 12.9% | -35.6% | ||
| Q3 25 | 6.7% | 49.4% | ||
| Q2 25 | -3.1% | 35.2% | ||
| Q1 25 | 10.8% | -3.1% | ||
| Q4 24 | 13.0% | -1.6% | ||
| Q3 24 | -58.1% | 30.3% | ||
| Q2 24 | -25.2% | 30.6% | ||
| Q1 24 | -119.1% | -16.4% |
| Q4 25 | 2.8% | 3.3% | ||
| Q3 25 | 0.8% | 0.7% | ||
| Q2 25 | 0.4% | 0.7% | ||
| Q1 25 | 4.6% | 1.4% | ||
| Q4 24 | 6.2% | 2.4% | ||
| Q3 24 | 20.1% | 0.2% | ||
| Q2 24 | 8.4% | 0.6% | ||
| Q1 24 | 12.9% | 0.9% |
| Q4 25 | — | -1.99× | ||
| Q3 25 | — | 3.45× | ||
| Q2 25 | — | 1.77× | ||
| Q1 25 | — | -0.13× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 2.69× | ||
| Q1 24 | — | -0.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SEDG
| Other | $197.7M | 59% |
| Europe Except Netherlands | $99.4M | 30% |
| Others | $38.2M | 11% |
VRTS
| Open End Funds | $68.9M | 33% |
| Retail Separate Accounts | $51.3M | 25% |
| Institutional Accounts | $39.6M | 19% |
| Administration And Shareholder Service Fees | $18.4M | 9% |
| Closed End Funds | $15.9M | 8% |
| Distribution And Service Fees | $12.3M | 6% |
