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Side-by-side financial comparison of SOLAREDGE TECHNOLOGIES, INC. (SEDG) and WillScot Holdings Corp (WSC). Click either name above to swap in a different company.
WillScot Holdings Corp is the larger business by last-quarter revenue ($566.0M vs $335.4M, roughly 1.7× SOLAREDGE TECHNOLOGIES, INC.). WillScot Holdings Corp runs the higher net margin — -33.1% vs -39.4%, a 6.3% gap on every dollar of revenue. On growth, SOLAREDGE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (70.9% vs -6.1%). WillScot Holdings Corp produced more free cash flow last quarter ($149.7M vs $43.3M). Over the past eight quarters, SOLAREDGE TECHNOLOGIES, INC.'s revenue compounded faster (28.1% CAGR vs -1.8%).
SolarEdge Technologies, Inc. is an Israeli company that developed a DC optimized inverter system.
WillScot Holdings Corp is a leading provider of modular space solutions and portable storage services across North America. It serves a wide range of sectors including construction, commercial development, education, healthcare, government projects, and special events, offering flexible, scalable temporary and semi-permanent space solutions tailored to diverse client needs.
SEDG vs WSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $335.4M | $566.0M |
| Net Profit | $-132.1M | $-187.3M |
| Gross Margin | 22.2% | 50.4% |
| Operating Margin | -14.4% | -32.5% |
| Net Margin | -39.4% | -33.1% |
| Revenue YoY | 70.9% | -6.1% |
| Net Profit YoY | 54.0% | -310.0% |
| EPS (diluted) | $-2.21 | $-1.02 |
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 | $566.0M | ||
| Q3 25 | $340.2M | $566.8M | ||
| Q2 25 | $289.4M | $589.1M | ||
| Q1 25 | $219.5M | $559.6M | ||
| Q4 24 | $196.2M | $602.5M | ||
| Q3 24 | $235.4M | $601.4M | ||
| Q2 24 | $265.4M | $604.6M | ||
| Q1 24 | $204.4M | $587.2M |
| Q4 25 | $-132.1M | $-187.3M | ||
| Q3 25 | $-50.1M | $43.3M | ||
| Q2 25 | $-124.7M | $47.9M | ||
| Q1 25 | $-98.5M | $43.1M | ||
| Q4 24 | $-287.4M | $89.2M | ||
| Q3 24 | $-1.2B | $-70.5M | ||
| Q2 24 | $-130.8M | $-46.9M | ||
| Q1 24 | $-157.3M | $56.2M |
| Q4 25 | 22.2% | 50.4% | ||
| Q3 25 | 21.2% | 49.7% | ||
| Q2 25 | 11.1% | 50.3% | ||
| Q1 25 | 8.0% | 53.7% | ||
| Q4 24 | -57.2% | 55.8% | ||
| Q3 24 | -309.1% | 53.5% | ||
| Q2 24 | -4.1% | 54.1% | ||
| Q1 24 | -12.8% | 54.0% |
| Q4 25 | -14.4% | -32.5% | ||
| Q3 25 | -10.3% | 21.0% | ||
| Q2 25 | -39.9% | 21.5% | ||
| Q1 25 | -46.8% | 21.3% | ||
| Q4 24 | -134.4% | 28.9% | ||
| Q3 24 | -471.8% | -5.9% | ||
| Q2 24 | -60.4% | -0.9% | ||
| Q1 24 | -85.0% | 22.1% |
| Q4 25 | -39.4% | -33.1% | ||
| Q3 25 | -14.7% | 7.6% | ||
| Q2 25 | -43.1% | 8.1% | ||
| Q1 25 | -44.9% | 7.7% | ||
| Q4 24 | -146.5% | 14.8% | ||
| Q3 24 | -522.8% | -11.7% | ||
| Q2 24 | -49.3% | -7.7% | ||
| Q1 24 | -77.0% | 9.6% |
| Q4 25 | $-2.21 | $-1.02 | ||
| Q3 25 | $-0.84 | $0.24 | ||
| Q2 25 | $-2.13 | $0.26 | ||
| Q1 25 | $-1.70 | $0.23 | ||
| Q4 24 | $-5.00 | $0.48 | ||
| Q3 24 | $-21.58 | $-0.37 | ||
| Q2 24 | $-2.31 | $-0.25 | ||
| Q1 24 | $-2.75 | $0.29 |
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 | $14.6M |
| Total DebtLower is stronger | — | $3.6B |
| Stockholders' EquityBook value | $427.5M | $856.3M |
| Total Assets | $2.2B | $5.8B |
| Debt / EquityLower = less leverage | — | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $493.2M | $14.6M | ||
| Q3 25 | $498.6M | $14.8M | ||
| Q2 25 | $758.0M | $12.8M | ||
| Q1 25 | $651.6M | $10.7M | ||
| Q4 24 | $585.9M | $9.0M | ||
| Q3 24 | $678.8M | $11.0M | ||
| Q2 24 | $689.8M | $5.9M | ||
| Q1 24 | $680.6M | $13.1M |
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | — | $3.5B |
| Q4 25 | $427.5M | $856.3M | ||
| Q3 25 | $479.8M | $1.1B | ||
| Q2 25 | $513.2M | $1.0B | ||
| Q1 25 | $594.2M | $1.0B | ||
| Q4 24 | $658.3M | $1.0B | ||
| Q3 24 | $930.9M | $1.1B | ||
| Q2 24 | $2.1B | $1.2B | ||
| Q1 24 | $2.2B | $1.3B |
| Q4 25 | $2.2B | $5.8B | ||
| Q3 25 | $2.2B | $6.1B | ||
| Q2 25 | $2.5B | $6.1B | ||
| Q1 25 | $2.5B | $6.0B | ||
| Q4 24 | $2.6B | $6.0B | ||
| Q3 24 | $2.8B | $6.0B | ||
| Q2 24 | $3.9B | $6.0B | ||
| Q1 24 | $4.2B | $6.2B |
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× | ||
| Q1 24 | — | 2.63× |
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 | $158.9M |
| Free Cash FlowOCF − Capex | $43.3M | $149.7M |
| FCF MarginFCF / Revenue | 12.9% | 26.5% |
| Capex IntensityCapex / Revenue | 2.8% | 1.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $80.8M | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $52.6M | $158.9M | ||
| Q3 25 | $25.6M | $191.2M | ||
| Q2 25 | $-7.8M | $205.3M | ||
| Q1 25 | $33.8M | $206.6M | ||
| Q4 24 | $37.8M | $178.9M | ||
| Q3 24 | $-89.3M | $-1.6M | ||
| Q2 24 | $-44.8M | $175.6M | ||
| Q1 24 | $-217.0M | $208.7M |
| Q4 25 | $43.3M | $149.7M | ||
| Q3 25 | $22.8M | $186.9M | ||
| Q2 25 | $-9.1M | $199.0M | ||
| Q1 25 | $23.7M | $202.0M | ||
| Q4 24 | $25.5M | $176.6M | ||
| Q3 24 | $-136.7M | $-4.9M | ||
| Q2 24 | $-67.0M | $169.4M | ||
| Q1 24 | $-243.4M | $202.1M |
| Q4 25 | 12.9% | 26.5% | ||
| Q3 25 | 6.7% | 33.0% | ||
| Q2 25 | -3.1% | 33.8% | ||
| Q1 25 | 10.8% | 36.1% | ||
| Q4 24 | 13.0% | 29.3% | ||
| Q3 24 | -58.1% | -0.8% | ||
| Q2 24 | -25.2% | 28.0% | ||
| Q1 24 | -119.1% | 34.4% |
| Q4 25 | 2.8% | 1.6% | ||
| Q3 25 | 0.8% | 0.7% | ||
| Q2 25 | 0.4% | 1.1% | ||
| Q1 25 | 4.6% | 0.8% | ||
| Q4 24 | 6.2% | 0.4% | ||
| Q3 24 | 20.1% | 0.6% | ||
| Q2 24 | 8.4% | 1.0% | ||
| Q1 24 | 12.9% | 1.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 4.41× | ||
| Q2 25 | — | 4.28× | ||
| Q1 25 | — | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |