vs
第一太阳能（FSLR）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
第一太阳能的季度营收约是Rithm Capital Corp.的1.3倍（$1.0B vs $828.2M），第一太阳能净利率更高（33.2% vs 13.2%，领先20.0%），Rithm Capital Corp.同比增速更快（508.5% vs 23.6%），过去两年第一太阳能的营收复合增速更高（1.7% vs -17.9%）
第一太阳能是美国上市光伏面板制造商，1990年成立时名为Solar Cells, Inc.，1999年被True North Partners收购后改为现名。公司采用碲化镉（CdTe）半导体技术生产刚性薄膜光伏面板，旗下所有生产基地均提供退役面板回收服务。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
FSLR vs RITM — 直观对比
营收规模更大
FSLR
是对方的1.3倍
$828.2M
营收增速更快
RITM
高出484.8%
23.6%
净利率更高
FSLR
高出20.0%
13.2%
两年增速更快
FSLR
近两年复合增速
-17.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $828.2M |
| 净利润 | $346.6M | $109.5M |
| 毛利率 | 46.6% | — |
| 营业利润率 | 33.1% | 29.9% |
| 净利率 | 33.2% | 13.2% |
| 营收同比 | 23.6% | 508.5% |
| 净利润同比 | 65.4% | 27.7% |
| 每股收益（稀释后） | $3.22 | $0.12 |
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FSLRRITM
| Q1 26 | $1.0B | $828.2M | ||
| Q4 25 | $1.7B | $1.5B | ||
| Q3 25 | $1.6B | $1.1B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $844.6M | $768.4M | ||
| Q4 24 | $1.5B | $2.1B | ||
| Q3 24 | $887.7M | $619.5M | ||
| Q2 24 | $1.0B | $1.2B |
净利润FSLRRITM
| Q1 26 | $346.6M | $109.5M | ||
| Q4 25 | $520.9M | $85.0M | ||
| Q3 25 | $455.9M | $221.5M | ||
| Q2 25 | $341.9M | $311.7M | ||
| Q1 25 | $209.5M | $78.8M | ||
| Q4 24 | $393.1M | $290.2M | ||
| Q3 24 | $313.0M | $121.7M | ||
| Q2 24 | $349.4M | $235.6M |
毛利率FSLRRITM
| Q1 26 | 46.6% | — | ||
| Q4 25 | 39.5% | — | ||
| Q3 25 | 38.3% | — | ||
| Q2 25 | 45.6% | — | ||
| Q1 25 | 40.8% | — | ||
| Q4 24 | 37.5% | — | ||
| Q3 24 | 50.2% | — | ||
| Q2 24 | 49.4% | — |
营业利润率FSLRRITM
| Q1 26 | 33.1% | 29.9% | ||
| Q4 25 | 32.6% | 13.8% | ||
| Q3 25 | 29.2% | 21.4% | ||
| Q2 25 | 33.0% | 25.2% | ||
| Q1 25 | 26.2% | 7.4% | ||
| Q4 24 | 30.2% | 23.8% | ||
| Q3 24 | 36.3% | 7.3% | ||
| Q2 24 | 36.9% | 23.6% |
净利率FSLRRITM
| Q1 26 | 33.2% | 13.2% | ||
| Q4 25 | 31.0% | 5.7% | ||
| Q3 25 | 28.6% | 20.0% | ||
| Q2 25 | 31.2% | 25.6% | ||
| Q1 25 | 24.8% | 10.3% | ||
| Q4 24 | 26.0% | 14.0% | ||
| Q3 24 | 35.3% | 19.7% | ||
| Q2 24 | 34.6% | 19.2% |
每股收益（稀释后）FSLRRITM
| Q1 26 | $3.22 | $0.12 | ||
| Q4 25 | $4.84 | $0.09 | ||
| Q3 25 | $4.24 | $0.35 | ||
| Q2 25 | $3.18 | $0.53 | ||
| Q1 25 | $1.95 | $0.07 | ||
| Q4 24 | $3.66 | $0.50 | ||
| Q3 24 | $2.91 | $0.20 | ||
| Q2 24 | $3.25 | $0.43 |
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 | $2.4B | — |
| 总债务越低越好 | $425.8M | — |
| 股东权益账面价值 | $9.9B | $9.1B |
| 总资产 | $13.4B | $53.4B |
| 负债/权益比越低杠杆越低 | 0.04× | — |
8季度趋势，按日历期对齐
现金及短期投资FSLRRITM
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.8B | $1.8B | ||
| Q3 25 | $2.0B | $1.6B | ||
| Q2 25 | $1.1B | $1.6B | ||
| Q1 25 | $837.6M | $1.5B | ||
| Q4 24 | $1.6B | $1.5B | ||
| Q3 24 | $1.0B | $1.6B | ||
| Q2 24 | $1.7B | $1.2B |
总债务FSLRRITM
| Q1 26 | $425.8M | — | ||
| Q4 25 | — | $35.4B | ||
| Q3 25 | — | $32.2B | ||
| Q2 25 | — | $31.2B | ||
| Q1 25 | — | $32.2B | ||
| Q4 24 | — | $32.6B | ||
| Q3 24 | — | $29.6B | ||
| Q2 24 | — | $30.1B |
股东权益FSLRRITM
| Q1 26 | $9.9B | $9.1B | ||
| Q4 25 | $9.5B | $8.4B | ||
| Q3 25 | $9.0B | $8.5B | ||
| Q2 25 | $8.5B | $7.9B | ||
| Q1 25 | $8.2B | $7.8B | ||
| Q4 24 | $8.0B | $7.8B | ||
| Q3 24 | $7.6B | $7.7B | ||
| Q2 24 | $7.3B | $7.3B |
总资产FSLRRITM
| Q1 26 | $13.4B | $53.4B | ||
| Q4 25 | $13.3B | $53.1B | ||
| Q3 25 | $13.5B | $47.2B | ||
| Q2 25 | $12.9B | $44.3B | ||
| Q1 25 | $12.1B | $45.3B | ||
| Q4 24 | $12.1B | $46.0B | ||
| Q3 24 | $11.4B | $42.3B | ||
| Q2 24 | $11.0B | $42.0B |
负债/权益比FSLRRITM
| Q1 26 | 0.04× | — | ||
| Q4 25 | — | 4.20× | ||
| Q3 25 | — | 3.79× | ||
| Q2 25 | — | 3.92× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | — | 4.18× | ||
| Q3 24 | — | 3.87× | ||
| Q2 24 | — | 4.10× |
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 | $-214.9M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | -0.62× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FSLRRITM
| Q1 26 | $-214.9M | — | ||
| Q4 25 | $1.2B | $-114.6M | ||
| Q3 25 | $1.3B | $-2.0B | ||
| Q2 25 | $149.6M | $-557.1M | ||
| Q1 25 | $-608.0M | $1.4B | ||
| Q4 24 | $811.0M | $-1.8B | ||
| Q3 24 | $-53.7M | $768.1M | ||
| Q2 24 | $193.0M | $-55.7M |
自由现金流FSLRRITM
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $-138.6M | — | ||
| Q1 25 | $-813.9M | — | ||
| Q4 24 | $497.5M | — | ||
| Q3 24 | $-487.7M | — | ||
| Q2 24 | $-172.1M | — |
自由现金流率FSLRRITM
| Q1 26 | — | — | ||
| Q4 25 | 63.6% | — | ||
| Q3 25 | 67.1% | — | ||
| Q2 25 | -12.6% | — | ||
| Q1 25 | -96.4% | — | ||
| Q4 24 | 32.9% | — | ||
| Q3 24 | -54.9% | — | ||
| Q2 24 | -17.0% | — |
资本支出强度FSLRRITM
| Q1 26 | — | — | ||
| Q4 25 | 10.2% | — | ||
| Q3 25 | 12.8% | — | ||
| Q2 25 | 26.3% | — | ||
| Q1 25 | 24.4% | — | ||
| Q4 24 | 20.7% | — | ||
| Q3 24 | 48.9% | — | ||
| Q2 24 | 36.1% | — |
现金转化率FSLRRITM
| Q1 26 | -0.62× | — | ||
| Q4 25 | 2.38× | -1.35× | ||
| Q3 25 | 2.79× | -9.22× | ||
| Q2 25 | 0.44× | -1.79× | ||
| Q1 25 | -2.90× | 18.03× | ||
| Q4 24 | 2.06× | -6.04× | ||
| Q3 24 | -0.17× | 6.31× | ||
| Q2 24 | 0.55× | -0.24× |
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
FSLR
暂无分部数据
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
