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SOLAREDGE TECHNOLOGIES, INC.（SEDG）与SelectQuote, Inc.（SLQT）财务数据对比。点击上方公司名可切换其他公司
SelectQuote, Inc.的季度营收约是SOLAREDGE TECHNOLOGIES, INC.的1.6倍（$537.1M vs $335.4M），SelectQuote, Inc.净利率更高（12.9% vs -39.4%，领先52.3%），SOLAREDGE TECHNOLOGIES, INC.同比增速更快（70.9% vs 11.6%），SOLAREDGE TECHNOLOGIES, INC.自由现金流更多（$43.3M vs $-1.0M），过去两年SOLAREDGE TECHNOLOGIES, INC.的营收复合增速更高（28.1% vs 19.5%）
SolarEdge Technologies是一家以色列新能源科技企业，核心研发并推出了直流优化逆变器系统，该方案可提升光伏发电的能效表现，助力光伏系统实现更稳定、高效的电力转换，在全球分布式光伏领域拥有广泛的应用场景和市场认可度。
SelectQuote是面向消费者的直售平台，主营保险产品与医疗服务业务，通过对接消费者与保险机构获取佣金，覆盖长者健康险、人寿险、车险、家财险等品类，医疗服务板块以认证药房SelectRx为核心业务，公司于2020年5月上市。
SEDG vs SLQT — 直观对比
营收规模更大
SLQT
是对方的1.6倍
$335.4M
营收增速更快
SEDG
高出59.3%
11.6%
净利率更高
SLQT
高出52.3%
-39.4%
自由现金流更多
SEDG
多$44.4M
$-1.0M
两年增速更快
SEDG
近两年复合增速
19.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $335.4M | $537.1M |
| 净利润 | $-132.1M | $69.3M |
| 毛利率 | 22.2% | 61.8% |
| 营业利润率 | -14.4% | 14.0% |
| 净利率 | -39.4% | 12.9% |
| 营收同比 | 70.9% | 11.6% |
| 净利润同比 | 54.0% | 30.2% |
| 每股收益（稀释后） | $-2.21 | $0.26 |
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SEDGSLQT
| Q4 25 | $335.4M | $537.1M | ||
| Q3 25 | $340.2M | $328.8M | ||
| Q2 25 | $289.4M | $345.1M | ||
| Q1 25 | $219.5M | $408.2M | ||
| Q4 24 | $196.2M | $481.1M | ||
| Q3 24 | $235.4M | $292.3M | ||
| Q2 24 | $265.4M | $307.2M | ||
| Q1 24 | $204.4M | $376.4M |
净利润SEDGSLQT
| Q4 25 | $-132.1M | $69.3M | ||
| Q3 25 | $-50.1M | $-30.5M | ||
| Q2 25 | $-124.7M | $12.9M | ||
| Q1 25 | $-98.5M | $26.0M | ||
| Q4 24 | $-287.4M | $53.2M | ||
| Q3 24 | $-1.2B | $-44.5M | ||
| Q2 24 | $-130.8M | $-31.0M | ||
| Q1 24 | $-157.3M | $8.6M |
毛利率SEDGSLQT
| Q4 25 | 22.2% | 61.8% | ||
| Q3 25 | 21.2% | 41.4% | ||
| Q2 25 | 11.1% | 47.2% | ||
| Q1 25 | 8.0% | 60.2% | ||
| Q4 24 | -57.2% | 67.5% | ||
| Q3 24 | -309.1% | 55.7% | ||
| Q2 24 | -4.1% | 60.7% | ||
| Q1 24 | -12.8% | 71.8% |
营业利润率SEDGSLQT
| Q4 25 | -14.4% | 14.0% | ||
| Q3 25 | -10.3% | -12.4% | ||
| Q2 25 | -39.9% | -3.6% | ||
| Q1 25 | -46.8% | 5.4% | ||
| Q4 24 | -134.4% | 14.7% | ||
| Q3 24 | -471.8% | -4.1% | ||
| Q2 24 | -60.4% | -0.5% | ||
| Q1 24 | -85.0% | 8.8% |
净利率SEDGSLQT
| Q4 25 | -39.4% | 12.9% | ||
| Q3 25 | -14.7% | -9.3% | ||
| Q2 25 | -43.1% | 3.7% | ||
| Q1 25 | -44.9% | 6.4% | ||
| Q4 24 | -146.5% | 11.1% | ||
| Q3 24 | -522.8% | -15.2% | ||
| Q2 24 | -49.3% | -10.1% | ||
| Q1 24 | -77.0% | 2.3% |
每股收益（稀释后）SEDGSLQT
| Q4 25 | $-2.21 | $0.26 | ||
| Q3 25 | $-0.84 | $-0.26 | ||
| Q2 25 | $-2.13 | $-0.06 | ||
| Q1 25 | $-1.70 | $0.03 | ||
| Q4 24 | $-5.00 | $0.30 | ||
| Q3 24 | $-21.58 | $-0.26 | ||
| Q2 24 | $-2.31 | $-0.17 | ||
| Q1 24 | $-2.75 | $0.05 |
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 | $493.2M | $18.3M |
| 总债务越低越好 | — | $405.8M |
| 股东权益账面价值 | $427.5M | $359.7M |
| 总资产 | $2.2B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 1.13× |
8季度趋势，按日历期对齐
现金及短期投资SEDGSLQT
| Q4 25 | $493.2M | $18.3M | ||
| Q3 25 | $498.6M | $10.7M | ||
| Q2 25 | $758.0M | $32.4M | ||
| Q1 25 | $651.6M | $80.1M | ||
| Q4 24 | $585.9M | $7.3M | ||
| Q3 24 | $678.8M | $10.4M | ||
| Q2 24 | $689.8M | $42.7M | ||
| Q1 24 | $680.6M | $37.8M |
总债务SEDGSLQT
| Q4 25 | — | $405.8M | ||
| Q3 25 | — | $393.1M | ||
| Q2 25 | — | $385.1M | ||
| Q1 25 | — | $391.5M | ||
| Q4 24 | — | $711.9M | ||
| Q3 24 | — | $680.4M | ||
| Q2 24 | — | $683.3M | ||
| Q1 24 | — | $686.0M |
股东权益SEDGSLQT
| Q4 25 | $427.5M | $359.7M | ||
| Q3 25 | $479.8M | $305.1M | ||
| Q2 25 | $513.2M | $351.1M | ||
| Q1 25 | $594.2M | $350.2M | ||
| Q4 24 | $658.3M | $326.0M | ||
| Q3 24 | $930.9M | $269.4M | ||
| Q2 24 | $2.1B | $316.8M | ||
| Q1 24 | $2.2B | $346.8M |
总资产SEDGSLQT
| Q4 25 | $2.2B | $1.4B | ||
| Q3 25 | $2.2B | $1.2B | ||
| Q2 25 | $2.5B | $1.2B | ||
| Q1 25 | $2.5B | $1.3B | ||
| Q4 24 | $2.6B | $1.3B | ||
| Q3 24 | $2.8B | $1.1B | ||
| Q2 24 | $3.9B | $1.2B | ||
| Q1 24 | $4.2B | $1.2B |
负债/权益比SEDGSLQT
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | 1.29× | ||
| Q2 25 | — | 1.10× | ||
| Q1 25 | — | 1.12× | ||
| Q4 24 | — | 2.18× | ||
| Q3 24 | — | 2.53× | ||
| Q2 24 | — | 2.16× | ||
| Q1 24 | — | 1.98× |
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 | $52.6M | $52.0K |
| 自由现金流经营现金流 - 资本支出 | $43.3M | $-1.0M |
| 自由现金流率自由现金流/营收 | 12.9% | -0.2% |
| 资本支出强度资本支出/营收 | 2.8% | 0.2% |
| 现金转化率经营现金流/净利润 | — | 0.00× |
| 过去12个月自由现金流最近4个季度 | $80.8M | $8.5M |
8季度趋势，按日历期对齐
经营现金流SEDGSLQT
| Q4 25 | $52.6M | $52.0K | ||
| Q3 25 | $25.6M | $-21.6M | ||
| Q2 25 | $-7.8M | $-37.5M | ||
| Q1 25 | $33.8M | $71.1M | ||
| Q4 24 | $37.8M | $-28.7M | ||
| Q3 24 | $-89.3M | $-16.6M | ||
| Q2 24 | $-44.8M | $20.0M | ||
| Q1 24 | $-217.0M | $44.5M |
自由现金流SEDGSLQT
| Q4 25 | $43.3M | $-1.0M | ||
| Q3 25 | $22.8M | $-22.7M | ||
| Q2 25 | $-9.1M | $-38.0M | ||
| Q1 25 | $23.7M | $70.2M | ||
| Q4 24 | $25.5M | $-29.0M | ||
| Q3 24 | $-136.7M | $-17.1M | ||
| Q2 24 | $-67.0M | $19.7M | ||
| Q1 24 | $-243.4M | $43.4M |
自由现金流率SEDGSLQT
| Q4 25 | 12.9% | -0.2% | ||
| Q3 25 | 6.7% | -6.9% | ||
| Q2 25 | -3.1% | -11.0% | ||
| Q1 25 | 10.8% | 17.2% | ||
| Q4 24 | 13.0% | -6.0% | ||
| Q3 24 | -58.1% | -5.8% | ||
| Q2 24 | -25.2% | 6.4% | ||
| Q1 24 | -119.1% | 11.5% |
资本支出强度SEDGSLQT
| Q4 25 | 2.8% | 0.2% | ||
| Q3 25 | 0.8% | 0.3% | ||
| Q2 25 | 0.4% | 0.1% | ||
| Q1 25 | 4.6% | 0.2% | ||
| Q4 24 | 6.2% | 0.1% | ||
| Q3 24 | 20.1% | 0.2% | ||
| Q2 24 | 8.4% | 0.1% | ||
| Q1 24 | 12.9% | 0.3% |
现金转化率SEDGSLQT
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -2.91× | ||
| Q1 25 | — | 2.73× | ||
| Q4 24 | — | -0.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 5.20× |
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
SEDG
| Other | $197.7M | 59% |
| Europe Except Netherlands | $99.4M | 30% |
| Others | $38.2M | 11% |
SLQT
| Healthcare Services Segment | $230.7M | 43% |
| Pharmacy | $227.2M | 42% |
| Other | $30.4M | 6% |
| Final Expense | $20.4M | 4% |
| Term | $18.5M | 3% |
| Other Senior | $6.3M | 1% |
| All Other Revenue | $3.9M | 1% |
