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慧与（HPE）与TIGO ENERGY, INC.（TYGO）财务数据对比。点击上方公司名可切换其他公司
慧与的季度营收约是TIGO ENERGY, INC.的1.0倍（$9.7B vs $9.2B），慧与自由现金流更多（$1.8B vs $-39.3M）
慧与（Hewlett Packard Enterprise，简称HPE）是总部位于美国得克萨斯州斯普林的跨国信息技术企业，面向企业客户提供服务器、存储、网络、容器化软件及配套咨询与技术支持服务，2018年位列美国《财富》500强美国企业营收排行榜第107位。
Tigo Energy是一家美国企业，总部位于加利福尼亚州洛斯加托斯，专注服务光伏领域的安装商、经销商与原始设备制造商，主打产品与技术包括组件级功率优化器及智能组件功率电子器件，同时也为行业客户提供配套软件与相关服务。
HPE vs TYGO — 直观对比
营收规模更大
HPE
是对方的1.0倍
$9.2B
自由现金流更多
HPE
多$1.9B
$-39.3M
损益表 — Q4 FY2025 vs Q4 FY2023
| 指标 | | |
|---|---|---|
| 营收 | $9.7B | $9.2B |
| 净利润 | $175.0M | — |
| 毛利率 | — | 0.0% |
| 营业利润率 | -0.1% | — |
| 净利率 | 1.8% | — |
| 营收同比 | 14.4% | — |
| 净利润同比 | -87.2% | -1736.1% |
| 每股收益（稀释后） | $0.13 | — |
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HPETYGO
| Q4 25 | $9.7B | — | ||
| Q3 25 | $9.1B | — | ||
| Q2 25 | $7.6B | — | ||
| Q1 25 | $7.9B | — | ||
| Q4 24 | $8.5B | — | ||
| Q3 24 | $7.7B | — | ||
| Q2 24 | $7.2B | — | ||
| Q1 24 | $6.8B | — |
净利润HPETYGO
| Q4 25 | $175.0M | — | ||
| Q3 25 | $305.0M | — | ||
| Q2 25 | $-1.1B | — | ||
| Q1 25 | $627.0M | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $512.0M | — | ||
| Q2 24 | $314.0M | — | ||
| Q1 24 | $387.0M | — |
营业利润率HPETYGO
| Q4 25 | -0.1% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | -14.5% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 8.2% | — | ||
| Q3 24 | 7.1% | — | ||
| Q2 24 | 5.9% | — | ||
| Q1 24 | 7.8% | — |
净利率HPETYGO
| Q4 25 | 1.8% | — | ||
| Q3 25 | 3.3% | — | ||
| Q2 25 | -13.8% | — | ||
| Q1 25 | 8.0% | — | ||
| Q4 24 | 16.2% | — | ||
| Q3 24 | 6.6% | — | ||
| Q2 24 | 4.4% | — | ||
| Q1 24 | 5.7% | — |
每股收益（稀释后）HPETYGO
| Q4 25 | $0.13 | — | ||
| Q3 25 | $0.21 | — | ||
| Q2 25 | $-0.82 | — | ||
| Q1 25 | $0.44 | — | ||
| Q4 24 | $1.02 | — | ||
| Q3 24 | $0.38 | — | ||
| Q2 24 | $0.24 | — | ||
| Q1 24 | $0.29 | — |
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 | $5.8B | $31.2M |
| 总债务越低越好 | $17.8B | $50.0M |
| 股东权益账面价值 | $24.7B | $62.8M |
| 总资产 | $75.9B | $127.8M |
| 负债/权益比越低杠杆越低 | 0.72× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资HPETYGO
| Q4 25 | $5.8B | — | ||
| Q3 25 | $4.6B | — | ||
| Q2 25 | $11.7B | — | ||
| Q1 25 | $13.4B | — | ||
| Q4 24 | $14.8B | — | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $3.8B | — |
总债务HPETYGO
| Q4 25 | $17.8B | — | ||
| Q3 25 | $16.9B | — | ||
| Q2 25 | $12.4B | — | ||
| Q1 25 | $13.3B | — | ||
| Q4 24 | $13.5B | — | ||
| Q3 24 | $7.9B | — | ||
| Q2 24 | $7.5B | — | ||
| Q1 24 | $7.8B | — |
股东权益HPETYGO
| Q4 25 | $24.7B | — | ||
| Q3 25 | $24.4B | — | ||
| Q2 25 | $23.9B | — | ||
| Q1 25 | $25.2B | — | ||
| Q4 24 | $24.8B | — | ||
| Q3 24 | $22.1B | — | ||
| Q2 24 | $21.7B | — | ||
| Q1 24 | $21.4B | — |
总资产HPETYGO
| Q4 25 | $75.9B | — | ||
| Q3 25 | $77.3B | — | ||
| Q2 25 | $67.9B | — | ||
| Q1 25 | $70.3B | — | ||
| Q4 24 | $71.3B | — | ||
| Q3 24 | $60.9B | — | ||
| Q2 24 | $59.7B | — | ||
| Q1 24 | $58.6B | — |
负债/权益比HPETYGO
| Q4 25 | 0.72× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 0.54× | — | ||
| Q3 24 | 0.36× | — | ||
| Q2 24 | 0.35× | — | ||
| Q1 24 | 0.37× | — |
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 | $2.5B | $-37.2M |
| 自由现金流经营现金流 - 资本支出 | $1.8B | $-39.3M |
| 自由现金流率自由现金流/营收 | 18.8% | -0.4% |
| 资本支出强度资本支出/营收 | 6.6% | 0.0% |
| 现金转化率经营现金流/净利润 | 14.09× | — |
| 过去12个月自由现金流最近4个季度 | $627.0M | $-70.6M |
8季度趋势，按日历期对齐
经营现金流HPETYGO
| Q4 25 | $2.5B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $-461.0M | — | ||
| Q1 25 | $-390.0M | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $64.0M | — |
自由现金流HPETYGO
| Q4 25 | $1.8B | — | ||
| Q3 25 | $729.0M | — | ||
| Q2 25 | $-1.0B | — | ||
| Q1 25 | $-918.0M | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $611.0M | — | ||
| Q2 24 | $533.0M | — | ||
| Q1 24 | $-592.0M | — |
自由现金流率HPETYGO
| Q4 25 | 18.8% | — | ||
| Q3 25 | 8.0% | — | ||
| Q2 25 | -13.2% | — | ||
| Q1 25 | -11.7% | — | ||
| Q4 24 | 16.8% | — | ||
| Q3 24 | 7.9% | — | ||
| Q2 24 | 7.4% | — | ||
| Q1 24 | -8.8% | — |
资本支出强度HPETYGO
| Q4 25 | 6.6% | — | ||
| Q3 25 | 6.3% | — | ||
| Q2 25 | 7.2% | — | ||
| Q1 25 | 6.7% | — | ||
| Q4 24 | 7.2% | — | ||
| Q3 24 | 7.0% | — | ||
| Q2 24 | 7.8% | — | ||
| Q1 24 | 9.7% | — |
现金转化率HPETYGO
| Q4 25 | 14.09× | — | ||
| Q3 25 | 4.28× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.62× | — | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 2.25× | — | ||
| Q2 24 | 3.48× | — | ||
| Q1 24 | 0.17× | — |
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
HPE
| Products | $6.2B | 64% |
| Services | $3.3B | 34% |
| Other | $199.0M | 2% |
TYGO
暂无分部数据
