vs
Legence Corp.（LGN）与SunPower Inc.（SPWR）财务数据对比。点击上方公司名可切换其他公司
Legence Corp.的季度营收约是SunPower Inc.的8.9倍（$708.0M vs $79.7M）。Legence Corp.净利率更高（-0.1% vs -17.8%，领先17.7%）。Legence Corp.同比增速更快（26.2% vs -10.1%）
Legence Corp是一家可持续建筑与脱碳解决方案服务商，主要提供能效优化、楼宇自动化系统设计、可再生能源整合及低碳改造服务，客户覆盖商业、工业、公共机构等领域，核心业务布局北美，助力客户降低运营成本、减少碳排放。
SunPower是一家美国光伏太阳能发电系统与储能电池产品供应商，主要服务住宅客户。公司由斯坦福大学电气工程教授理查德·斯旺森于1985年创立，总部位于加利福尼亚州圣何塞。赛普拉斯半导体2002年收购该公司多数股权后推动其快速发展，SunPower最终于2005年完成上市，目前是全球光伏领域知名企业。
LGN vs SPWR — 直观对比
营收规模更大
LGN
是对方的8.9倍
$79.7M
营收增速更快
LGN
高出36.3%
-10.1%
净利率更高
LGN
高出17.7%
-17.8%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $708.0M | $79.7M |
| 净利润 | $-576.0K | $-14.2M |
| 毛利率 | 20.9% | 35.5% |
| 营业利润率 | 5.3% | -27.4% |
| 净利率 | -0.1% | -17.8% |
| 营收同比 | 26.2% | -10.1% |
| 净利润同比 | 46.8% | -130.1% |
| 每股收益（稀释后） | $-0.02 | $-0.05 |
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LGNSPWR
| Q4 25 | — | $79.7M | ||
| Q3 25 | $708.0M | $22.0M | ||
| Q2 25 | — | $67.5M | ||
| Q1 25 | — | $82.7M | ||
| Q4 24 | — | $88.7M | ||
| Q3 24 | $560.8M | $5.5M | ||
| Q2 24 | — | $4.5M | ||
| Q1 24 | — | $10.0M |
净利润LGNSPWR
| Q4 25 | — | $-14.2M | ||
| Q3 25 | $-576.0K | $-16.9M | ||
| Q2 25 | — | $-22.4M | ||
| Q1 25 | — | $8.1M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | $-1.1M | $-78.0M | ||
| Q2 24 | — | $-15.9M | ||
| Q1 24 | — | $-9.6M |
毛利率LGNSPWR
| Q4 25 | — | 35.5% | ||
| Q3 25 | 20.9% | — | ||
| Q2 25 | — | 42.6% | ||
| Q1 25 | — | 48.5% | ||
| Q4 24 | — | 46.5% | ||
| Q3 24 | 21.1% | -57.0% | ||
| Q2 24 | — | -19.9% | ||
| Q1 24 | — | 22.7% |
营业利润率LGNSPWR
| Q4 25 | — | -27.4% | ||
| Q3 25 | 5.3% | -15.7% | ||
| Q2 25 | — | -4.0% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | -24.2% | ||
| Q3 24 | 4.8% | -541.4% | ||
| Q2 24 | — | -211.4% | ||
| Q1 24 | — | -75.1% |
净利率LGNSPWR
| Q4 25 | — | -17.8% | ||
| Q3 25 | -0.1% | -76.9% | ||
| Q2 25 | — | -33.2% | ||
| Q1 25 | — | 9.8% | ||
| Q4 24 | — | 53.0% | ||
| Q3 24 | -0.2% | -1408.2% | ||
| Q2 24 | — | -353.8% | ||
| Q1 24 | — | -95.5% |
每股收益（稀释后）LGNSPWR
| Q4 25 | — | $-0.05 | ||
| Q3 25 | $-0.02 | $-0.19 | ||
| Q2 25 | — | $-0.28 | ||
| Q1 25 | — | $0.00 | ||
| Q4 24 | — | $0.27 | ||
| Q3 24 | — | $-1.03 | ||
| Q2 24 | — | $-0.26 | ||
| Q1 24 | — | $-0.20 |
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 | $176.0M | $9.6M |
| 总债务越低越好 | $812.6M | $164.8M |
| 股东权益账面价值 | $387.9M | $-90.1M |
| 总资产 | $2.6B | $241.2M |
| 负债/权益比越低杠杆越低 | 2.10× | — |
8季度趋势，按日历期对齐
现金及短期投资LGNSPWR
| Q4 25 | — | $9.6M | ||
| Q3 25 | $176.0M | $5.1M | ||
| Q2 25 | — | $11.1M | ||
| Q1 25 | — | $10.6M | ||
| Q4 24 | — | $13.4M | ||
| Q3 24 | — | $79.5M | ||
| Q2 24 | — | $1.8M | ||
| Q1 24 | — | $1.8M |
总债务LGNSPWR
| Q4 25 | — | $164.8M | ||
| Q3 25 | $812.6M | $204.3M | ||
| Q2 25 | — | $152.9M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益LGNSPWR
| Q4 25 | — | $-90.1M | ||
| Q3 25 | $387.9M | $-112.3M | ||
| Q2 25 | — | $-107.2M | ||
| Q1 25 | — | $-89.0M | ||
| Q4 24 | — | $-97.5M | ||
| Q3 24 | — | $-142.7M | ||
| Q2 24 | — | $-92.0M | ||
| Q1 24 | — | $-85.1M |
总资产LGNSPWR
| Q4 25 | — | $241.2M | ||
| Q3 25 | $2.6B | $208.3M | ||
| Q2 25 | — | $163.1M | ||
| Q1 25 | — | $147.8M | ||
| Q4 24 | — | $144.5M | ||
| Q3 24 | — | $107.9M | ||
| Q2 24 | — | $33.4M | ||
| Q1 24 | — | $40.9M |
负债/权益比LGNSPWR
| Q4 25 | — | — | ||
| Q3 25 | 2.10× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $162.1M | $-1.9M |
| 自由现金流经营现金流 - 资本支出 | $137.4M | — |
| 自由现金流率自由现金流/营收 | 19.4% | — |
| 资本支出强度资本支出/营收 | 3.5% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流LGNSPWR
| Q4 25 | — | $-1.9M | ||
| Q3 25 | $162.1M | $-6.4M | ||
| Q2 25 | — | $-4.4M | ||
| Q1 25 | — | $-2.6M | ||
| Q4 24 | — | $-25.6M | ||
| Q3 24 | — | $-21.5M | ||
| Q2 24 | — | $-2.7M | ||
| Q1 24 | — | $-4.9M |
自由现金流LGNSPWR
| Q4 25 | — | — | ||
| Q3 25 | $137.4M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率LGNSPWR
| Q4 25 | — | — | ||
| Q3 25 | 19.4% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度LGNSPWR
| Q4 25 | — | — | ||
| Q3 25 | 3.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率LGNSPWR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.32× | ||
| Q4 24 | — | -0.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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
LGN
| Installation And Fabrication | $408.7M | 58% |
| Engineering And Design | $110.9M | 16% |
| Program And Project Management | $101.2M | 14% |
| Maintenance And Service | $87.1M | 12% |
SPWR
| Residential Solar Installation | $46.9M | 59% |
| New Homes Business | $22.7M | 29% |
| Other | $10.1M | 13% |
