vs
Enphase Energy（ENPH）与Enpro Inc.（NPO）财务数据对比。点击上方公司名可切换其他公司
Enpro Inc.的季度营收约是Enphase Energy的1.0倍（$295.4M vs $282.9M），Enphase Energy净利率更高（-2.6% vs -10.8%，领先8.2%），Enpro Inc.同比增速更快（14.3% vs -20.6%），过去两年Enpro Inc.的营收复合增速更高（7.1% vs -3.4%）
Enphase Energy是总部位于美国加利福尼亚州弗里蒙特的能源科技企业，成立于2006年，是全球首家成功实现光伏微型逆变器商业化的企业，主要面向住宅用户研发生产光伏微型逆变器、储能电池及电动汽车充电桩。
Enpro是总部位于美国的工业技术企业，面向半导体、航空航天、发电、重卡、农业机械、化工处理、浆纸、生命科学等技术密集型领域设计生产专用产品及材料。公司在全球12个国家布局61个核心生产基地，下设密封技术、先进表面技术及工程技术三大业务板块。
ENPH vs NPO — 直观对比
营收规模更大
NPO
是对方的1.0倍
$282.9M
营收增速更快
NPO
高出34.9%
-20.6%
净利率更高
ENPH
高出8.2%
-10.8%
两年增速更快
NPO
近两年复合增速
-3.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $282.9M | $295.4M |
| 净利润 | $-7.4M | $-32.0M |
| 毛利率 | 35.5% | 42.1% |
| 营业利润率 | — | 11.2% |
| 净利率 | -2.6% | -10.8% |
| 营收同比 | -20.6% | 14.3% |
| 净利润同比 | -124.9% | -330.2% |
| 每股收益（稀释后） | $-0.06 | $-1.50 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ENPHNPO
| Q1 26 | $282.9M | — | ||
| Q4 25 | $343.3M | $295.4M | ||
| Q3 25 | $410.4M | $286.6M | ||
| Q2 25 | $363.2M | $288.1M | ||
| Q1 25 | $356.1M | $273.2M | ||
| Q4 24 | $382.7M | $258.4M | ||
| Q3 24 | $380.9M | $260.9M | ||
| Q2 24 | $303.5M | $271.9M |
净利润ENPHNPO
| Q1 26 | $-7.4M | — | ||
| Q4 25 | $38.7M | $-32.0M | ||
| Q3 25 | $66.6M | $21.6M | ||
| Q2 25 | $37.1M | $26.4M | ||
| Q1 25 | $29.7M | $24.5M | ||
| Q4 24 | $62.2M | $13.9M | ||
| Q3 24 | $45.8M | $19.8M | ||
| Q2 24 | $10.8M | $26.7M |
毛利率ENPHNPO
| Q1 26 | 35.5% | — | ||
| Q4 25 | 44.3% | 42.1% | ||
| Q3 25 | 47.8% | 41.9% | ||
| Q2 25 | 46.9% | 43.3% | ||
| Q1 25 | 47.2% | 43.3% | ||
| Q4 24 | 51.8% | 42.3% | ||
| Q3 24 | 46.8% | 42.3% | ||
| Q2 24 | 45.2% | 43.8% |
营业利润率ENPHNPO
| Q1 26 | — | — | ||
| Q4 25 | 6.5% | 11.2% | ||
| Q3 25 | 16.1% | 14.3% | ||
| Q2 25 | 10.2% | 15.9% | ||
| Q1 25 | 9.0% | 15.3% | ||
| Q4 24 | 14.3% | 12.5% | ||
| Q3 24 | 13.1% | 13.1% | ||
| Q2 24 | 0.6% | 17.7% |
净利率ENPHNPO
| Q1 26 | -2.6% | — | ||
| Q4 25 | 11.3% | -10.8% | ||
| Q3 25 | 16.2% | 7.5% | ||
| Q2 25 | 10.2% | 9.2% | ||
| Q1 25 | 8.3% | 9.0% | ||
| Q4 24 | 16.2% | 5.4% | ||
| Q3 24 | 12.0% | 7.6% | ||
| Q2 24 | 3.6% | 9.8% |
每股收益（稀释后）ENPHNPO
| Q1 26 | $-0.06 | — | ||
| Q4 25 | $0.29 | $-1.50 | ||
| Q3 25 | $0.50 | $1.01 | ||
| Q2 25 | $0.28 | $1.25 | ||
| Q1 25 | $0.22 | $1.15 | ||
| Q4 24 | $0.46 | $0.65 | ||
| Q3 24 | $0.33 | $0.94 | ||
| Q2 24 | $0.08 | $1.27 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $497.5M | $114.7M |
| 总债务越低越好 | — | $655.3M |
| 股东权益账面价值 | $1.1B | $1.5B |
| 总资产 | $2.7B | $2.7B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资ENPHNPO
| Q1 26 | $497.5M | — | ||
| Q4 25 | $1.5B | $114.7M | ||
| Q3 25 | $1.5B | $132.9M | ||
| Q2 25 | $1.5B | $107.1M | ||
| Q1 25 | $1.5B | $240.3M | ||
| Q4 24 | $1.6B | $236.3M | ||
| Q3 24 | $1.8B | $206.9M | ||
| Q2 24 | $1.6B | $175.9M |
总债务ENPHNPO
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $655.3M | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.3B | $640.1M | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — |
股东权益ENPHNPO
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $995.0M | $1.5B | ||
| Q2 25 | $880.6M | $1.5B | ||
| Q1 25 | $810.7M | $1.5B | ||
| Q4 24 | $833.0M | $1.4B | ||
| Q3 24 | $931.4M | $1.5B | ||
| Q2 24 | $884.5M | $1.4B |
总资产ENPHNPO
| Q1 26 | $2.7B | — | ||
| Q4 25 | $3.5B | $2.7B | ||
| Q3 25 | $3.3B | $2.4B | ||
| Q2 25 | $3.2B | $2.4B | ||
| Q1 25 | $3.1B | $2.5B | ||
| Q4 24 | $3.2B | $2.5B | ||
| Q3 24 | $3.3B | $2.5B | ||
| Q2 24 | $3.2B | $2.5B |
负债/权益比ENPHNPO
| Q1 26 | — | — | ||
| Q4 25 | 1.11× | 0.42× | ||
| Q3 25 | 1.21× | — | ||
| Q2 25 | 1.37× | — | ||
| Q1 25 | 1.48× | — | ||
| Q4 24 | 1.56× | 0.45× | ||
| Q3 24 | 1.40× | — | ||
| Q2 24 | 1.47× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $102.9M | — |
| 自由现金流经营现金流 - 资本支出 | $83.0M | — |
| 自由现金流率自由现金流/营收 | 29.3% | — |
| 资本支出强度资本支出/营收 | — | 4.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $145.1M | — |
8季度趋势，按日历期对齐
经营现金流ENPHNPO
| Q1 26 | $102.9M | — | ||
| Q4 25 | $47.6M | — | ||
| Q3 25 | $13.9M | $65.3M | ||
| Q2 25 | $26.6M | $52.2M | ||
| Q1 25 | $48.4M | $21.0M | ||
| Q4 24 | $167.3M | $59.4M | ||
| Q3 24 | $170.1M | $54.0M | ||
| Q2 24 | $127.1M | $43.2M |
自由现金流ENPHNPO
| Q1 26 | $83.0M | — | ||
| Q4 25 | $37.8M | — | ||
| Q3 25 | $5.9M | $53.4M | ||
| Q2 25 | $18.4M | $42.3M | ||
| Q1 25 | $33.8M | $13.0M | ||
| Q4 24 | $159.2M | $49.1M | ||
| Q3 24 | $161.6M | $48.3M | ||
| Q2 24 | $117.4M | $38.3M |
自由现金流率ENPHNPO
| Q1 26 | 29.3% | — | ||
| Q4 25 | 11.0% | — | ||
| Q3 25 | 1.4% | 18.6% | ||
| Q2 25 | 5.1% | 14.7% | ||
| Q1 25 | 9.5% | 4.8% | ||
| Q4 24 | 41.6% | 19.0% | ||
| Q3 24 | 42.4% | 18.5% | ||
| Q2 24 | 38.7% | 14.1% |
资本支出强度ENPHNPO
| Q1 26 | — | — | ||
| Q4 25 | 2.8% | 4.1% | ||
| Q3 25 | 2.0% | 4.2% | ||
| Q2 25 | 2.3% | 3.4% | ||
| Q1 25 | 4.1% | 2.9% | ||
| Q4 24 | 2.1% | 4.0% | ||
| Q3 24 | 2.2% | 2.2% | ||
| Q2 24 | 3.2% | 1.8% |
现金转化率ENPHNPO
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | — | ||
| Q3 25 | 0.21× | 3.02× | ||
| Q2 25 | 0.72× | 1.98× | ||
| Q1 25 | 1.63× | 0.86× | ||
| Q4 24 | 2.69× | 4.27× | ||
| Q3 24 | 3.72× | 2.73× | ||
| Q2 24 | 11.73× | 1.62× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ENPH
暂无分部数据
NPO
| Sealing Technologies Segment | $187.0M | 63% |
| General Industrial | $71.3M | 24% |
| Power Generation | $19.9M | 7% |
| Oiland Gas Market | $15.0M | 5% |
| Semiconductors | $2.2M | 1% |
