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第一太阳能（FSLR）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
Rocket Companies, Inc.的季度营收约是第一太阳能的1.6倍（$2.7B vs $1.7B），第一太阳能净利率更高（31.0% vs 2.5%，领先28.4%），Rocket Companies, Inc.同比增速更快（52.2% vs 11.1%），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs 29.0%）
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。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
FSLR vs RKT — 直观对比
营收规模更大
RKT
是对方的1.6倍
$1.7B
营收增速更快
RKT
高出41.0%
11.1%
净利率更高
FSLR
高出28.4%
2.5%
两年增速更快
RKT
近两年复合增速
29.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $2.7B |
| 净利润 | $520.9M | $68.0M |
| 毛利率 | 39.5% | — |
| 营业利润率 | 32.6% | 6.3% |
| 净利率 | 31.0% | 2.5% |
| 营收同比 | 11.1% | 52.2% |
| 净利润同比 | 32.5% | 100.8% |
| 每股收益（稀释后） | $4.84 | $0.10 |
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FSLRRKT
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.7B | $2.7B | ||
| Q3 25 | $1.6B | $1.6B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $844.6M | $1.0B | ||
| Q4 24 | $1.5B | $1.8B | ||
| Q3 24 | $887.7M | $646.9M | ||
| Q2 24 | $1.0B | $1.3B |
净利润FSLRRKT
| Q1 26 | $520.9M | — | ||
| Q4 25 | $520.9M | $68.0M | ||
| Q3 25 | $455.9M | $-123.9M | ||
| Q2 25 | $341.9M | $-1.8M | ||
| Q1 25 | $209.5M | $-10.4M | ||
| Q4 24 | $393.1M | $33.9M | ||
| Q3 24 | $313.0M | $-22.0M | ||
| Q2 24 | $349.4M | $1.3M |
毛利率FSLRRKT
| Q1 26 | 39.5% | — | ||
| Q4 25 | 39.5% | — | ||
| Q3 25 | 38.3% | — | ||
| Q2 25 | 45.6% | — | ||
| Q1 25 | 40.8% | — | ||
| Q4 24 | 37.5% | 58.9% | ||
| Q3 24 | 50.2% | -8.4% | ||
| Q2 24 | 49.4% | 47.4% |
营业利润率FSLRRKT
| Q1 26 | 32.6% | — | ||
| Q4 25 | 32.6% | 6.3% | ||
| Q3 25 | 29.2% | -11.5% | ||
| Q2 25 | 33.0% | 1.8% | ||
| Q1 25 | 26.2% | -21.5% | ||
| Q4 24 | 30.2% | 38.1% | ||
| Q3 24 | 36.3% | -76.9% | ||
| Q2 24 | 36.9% | 14.8% |
净利率FSLRRKT
| Q1 26 | 31.0% | — | ||
| Q4 25 | 31.0% | 2.5% | ||
| Q3 25 | 28.6% | -7.7% | ||
| Q2 25 | 31.2% | -0.1% | ||
| Q1 25 | 24.8% | -1.0% | ||
| Q4 24 | 26.0% | 1.9% | ||
| Q3 24 | 35.3% | -3.4% | ||
| Q2 24 | 34.6% | 0.1% |
每股收益（稀释后）FSLRRKT
| Q1 26 | $4.84 | — | ||
| Q4 25 | $4.84 | $0.10 | ||
| Q3 25 | $4.24 | $-0.06 | ||
| Q2 25 | $3.18 | $-0.01 | ||
| Q1 25 | $1.95 | $-0.08 | ||
| Q4 24 | $3.66 | $0.28 | ||
| Q3 24 | $2.91 | $-0.19 | ||
| Q2 24 | $3.25 | $0.01 |
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 | $2.8B | $2.7B |
| 总债务越低越好 | $498.6M | — |
| 股东权益账面价值 | $9.5B | $22.9B |
| 总资产 | $13.3B | $60.7B |
| 负债/权益比越低杠杆越低 | 0.05× | — |
8季度趋势，按日历期对齐
现金及短期投资FSLRRKT
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.8B | $2.7B | ||
| Q3 25 | $2.0B | $5.8B | ||
| Q2 25 | $1.1B | $5.1B | ||
| Q1 25 | $837.6M | $1.4B | ||
| Q4 24 | $1.6B | $1.3B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $1.7B | $1.3B |
总债务FSLRRKT
| Q1 26 | $498.6M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益FSLRRKT
| Q1 26 | $9.5B | — | ||
| Q4 25 | $9.5B | $22.9B | ||
| Q3 25 | $9.0B | $8.9B | ||
| Q2 25 | $8.5B | $7.4B | ||
| Q1 25 | $8.2B | $8.6B | ||
| Q4 24 | $8.0B | $9.0B | ||
| Q3 24 | $7.6B | $8.4B | ||
| Q2 24 | $7.3B | $8.8B |
总资产FSLRRKT
| Q1 26 | $13.3B | — | ||
| Q4 25 | $13.3B | $60.7B | ||
| Q3 25 | $13.5B | $33.6B | ||
| Q2 25 | $12.9B | $30.4B | ||
| Q1 25 | $12.1B | $25.3B | ||
| Q4 24 | $12.1B | $24.5B | ||
| Q3 24 | $11.4B | $25.1B | ||
| Q2 24 | $11.0B | $23.6B |
负债/权益比FSLRRKT
| Q1 26 | 0.05× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $2.1B | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | — | $-1.3B |
| 自由现金流率自由现金流/营收 | — | -47.2% |
| 资本支出强度资本支出/营收 | — | 1.5% |
| 现金转化率经营现金流/净利润 | 3.95× | -18.08× |
| 过去12个月自由现金流最近4个季度 | — | $-4.0B |
8季度趋势，按日历期对齐
经营现金流FSLRRKT
| Q1 26 | $2.1B | — | ||
| Q4 25 | $1.2B | $-1.2B | ||
| Q3 25 | $1.3B | $-50.3M | ||
| Q2 25 | $149.6M | $-1.9B | ||
| Q1 25 | $-608.0M | $-797.0M | ||
| Q4 24 | $811.0M | $1.8B | ||
| Q3 24 | $-53.7M | $-1.3B | ||
| Q2 24 | $193.0M | $-122.3M |
自由现金流FSLRRKT
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $-1.3B | ||
| Q3 25 | $1.1B | $-71.8M | ||
| Q2 25 | $-138.6M | $-1.9B | ||
| Q1 25 | $-813.9M | $-811.0M | ||
| Q4 24 | $497.5M | $1.8B | ||
| Q3 24 | $-487.7M | $-1.4B | ||
| Q2 24 | $-172.1M | $-138.3M |
自由现金流率FSLRRKT
| Q1 26 | — | — | ||
| Q4 25 | 63.6% | -47.2% | ||
| Q3 25 | 67.1% | -4.5% | ||
| Q2 25 | -12.6% | -137.2% | ||
| Q1 25 | -96.4% | -78.2% | ||
| Q4 24 | 32.9% | 103.1% | ||
| Q3 24 | -54.9% | -209.6% | ||
| Q2 24 | -17.0% | -10.6% |
资本支出强度FSLRRKT
| Q1 26 | — | — | ||
| Q4 25 | 10.2% | 1.5% | ||
| Q3 25 | 12.8% | 1.3% | ||
| Q2 25 | 26.3% | 1.1% | ||
| Q1 25 | 24.4% | 1.4% | ||
| Q4 24 | 20.7% | 1.1% | ||
| Q3 24 | 48.9% | 2.9% | ||
| Q2 24 | 36.1% | 1.2% |
现金转化率FSLRRKT
| Q1 26 | 3.95× | — | ||
| Q4 25 | 2.38× | -18.08× | ||
| Q3 25 | 2.79× | — | ||
| Q2 25 | 0.44× | — | ||
| Q1 25 | -2.90× | — | ||
| Q4 24 | 2.06× | 54.42× | ||
| Q3 24 | -0.17× | — | ||
| Q2 24 | 0.55× | -94.46× |
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
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
