vs
SOLAREDGE TECHNOLOGIES, INC.（SEDG）与Simpson Manufacturing Co., Inc.（SSD）财务数据对比。点击上方公司名可切换其他公司
Simpson Manufacturing Co., Inc.的季度营收约是SOLAREDGE TECHNOLOGIES, INC.的1.6倍（$539.3M vs $335.4M），Simpson Manufacturing Co., Inc.净利率更高（10.4% vs -39.4%，领先49.8%），SOLAREDGE TECHNOLOGIES, INC.同比增速更快（70.9% vs 4.2%），Simpson Manufacturing Co., Inc.自由现金流更多（$119.0M vs $43.3M），过去两年SOLAREDGE TECHNOLOGIES, INC.的营收复合增速更高（28.1% vs 0.8%）
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。
辛普森制造是美国领先的建筑材料生产企业，主营面向新建建筑及改造翻新项目的结构连接件、紧固件、锚固件等专业产品，在建筑配套材料领域具备深厚的技术积累与较高的市场认可度。
SEDG vs SSD — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.4M | $539.3M |
| 净利润 | $-132.1M | $56.2M |
| 毛利率 | 22.2% | 43.4% |
| 营业利润率 | -14.4% | 13.9% |
| 净利率 | -39.4% | 10.4% |
| 营收同比 | 70.9% | 4.2% |
| 净利润同比 | 54.0% | 1.4% |
| 每股收益（稀释后） | $-2.21 | $1.34 |
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
| Q4 25 | $335.4M | $539.3M | ||
| Q3 25 | $340.2M | $623.5M | ||
| Q2 25 | $289.4M | $631.1M | ||
| Q1 25 | $219.5M | $538.9M | ||
| Q4 24 | $196.2M | $517.4M | ||
| Q3 24 | $235.4M | $587.2M | ||
| Q2 24 | $265.4M | $597.0M | ||
| Q1 24 | $204.4M | $530.6M |
| Q4 25 | $-132.1M | $56.2M | ||
| Q3 25 | $-50.1M | $107.4M | ||
| Q2 25 | $-124.7M | $103.5M | ||
| Q1 25 | $-98.5M | $77.9M | ||
| Q4 24 | $-287.4M | $55.4M | ||
| Q3 24 | $-1.2B | $93.5M | ||
| Q2 24 | $-130.8M | $97.8M | ||
| Q1 24 | $-157.3M | $75.4M |
| Q4 25 | 22.2% | 43.4% | ||
| Q3 25 | 21.2% | 46.4% | ||
| Q2 25 | 11.1% | 46.7% | ||
| Q1 25 | 8.0% | 46.8% | ||
| Q4 24 | -57.2% | 44.0% | ||
| Q3 24 | -309.1% | 46.8% | ||
| Q2 24 | -4.1% | 46.7% | ||
| Q1 24 | -12.8% | 46.1% |
| Q4 25 | -14.4% | 13.9% | ||
| Q3 25 | -10.3% | 22.6% | ||
| Q2 25 | -39.9% | 22.2% | ||
| Q1 25 | -46.8% | 19.0% | ||
| Q4 24 | -134.4% | 14.8% | ||
| Q3 24 | -471.8% | 21.3% | ||
| Q2 24 | -60.4% | 22.1% | ||
| Q1 24 | -85.0% | 18.1% |
| Q4 25 | -39.4% | 10.4% | ||
| Q3 25 | -14.7% | 17.2% | ||
| Q2 25 | -43.1% | 16.4% | ||
| Q1 25 | -44.9% | 14.5% | ||
| Q4 24 | -146.5% | 10.7% | ||
| Q3 24 | -522.8% | 15.9% | ||
| Q2 24 | -49.3% | 16.4% | ||
| Q1 24 | -77.0% | 14.2% |
| Q4 25 | $-2.21 | $1.34 | ||
| Q3 25 | $-0.84 | $2.58 | ||
| Q2 25 | $-2.13 | $2.47 | ||
| Q1 25 | $-1.70 | $1.85 | ||
| Q4 24 | $-5.00 | $1.31 | ||
| Q3 24 | $-21.58 | $2.21 | ||
| Q2 24 | $-2.31 | $2.31 | ||
| Q1 24 | $-2.75 | $1.77 |
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 | $384.1M |
| 总债务越低越好 | — | $300.0M |
| 股东权益账面价值 | $427.5M | $2.0B |
| 总资产 | $2.2B | $3.1B |
| 负债/权益比越低杠杆越低 | — | 0.15× |
8季度趋势，按日历期对齐
| Q4 25 | $493.2M | $384.1M | ||
| Q3 25 | $498.6M | $297.3M | ||
| Q2 25 | $758.0M | $190.4M | ||
| Q1 25 | $651.6M | $150.3M | ||
| Q4 24 | $585.9M | $239.4M | ||
| Q3 24 | $678.8M | $339.4M | ||
| Q2 24 | $689.8M | $354.9M | ||
| Q1 24 | $680.6M | $369.1M |
| Q4 25 | — | $300.0M | ||
| Q3 25 | — | $371.3M | ||
| Q2 25 | — | $376.9M | ||
| Q1 25 | — | $382.5M | ||
| Q4 24 | — | $388.1M | ||
| Q3 24 | — | $393.8M | ||
| Q2 24 | — | $399.4M | ||
| Q1 24 | — | $405.0M |
| Q4 25 | $427.5M | $2.0B | ||
| Q3 25 | $479.8M | $2.0B | ||
| Q2 25 | $513.2M | $1.9B | ||
| Q1 25 | $594.2M | $1.9B | ||
| Q4 24 | $658.3M | $1.8B | ||
| Q3 24 | $930.9M | $1.9B | ||
| Q2 24 | $2.1B | $1.8B | ||
| Q1 24 | $2.2B | $1.7B |
| Q4 25 | $2.2B | $3.1B | ||
| Q3 25 | $2.2B | $3.0B | ||
| Q2 25 | $2.5B | $3.0B | ||
| Q1 25 | $2.5B | $2.8B | ||
| Q4 24 | $2.6B | $2.7B | ||
| Q3 24 | $2.8B | $2.9B | ||
| Q2 24 | $3.9B | $2.8B | ||
| Q1 24 | $4.2B | $2.7B |
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | — | 0.23× |
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 | $155.7M |
| 自由现金流经营现金流 - 资本支出 | $43.3M | $119.0M |
| 自由现金流率自由现金流/营收 | 12.9% | 22.1% |
| 资本支出强度资本支出/营收 | 2.8% | 6.8% |
| 现金转化率经营现金流/净利润 | — | 2.77× |
| 过去12个月自由现金流最近4个季度 | $80.8M | $297.6M |
8季度趋势，按日历期对齐
| Q4 25 | $52.6M | $155.7M | ||
| Q3 25 | $25.6M | $170.2M | ||
| Q2 25 | $-7.8M | $125.2M | ||
| Q1 25 | $33.8M | $7.6M | ||
| Q4 24 | $37.8M | $115.8M | ||
| Q3 24 | $-89.3M | $103.3M | ||
| Q2 24 | $-44.8M | $111.1M | ||
| Q1 24 | $-217.0M | $7.9M |
| Q4 25 | $43.3M | $119.0M | ||
| Q3 25 | $22.8M | $133.9M | ||
| Q2 25 | $-9.1M | $87.3M | ||
| Q1 25 | $23.7M | $-42.6M | ||
| Q4 24 | $25.5M | $60.3M | ||
| Q3 24 | $-136.7M | $58.1M | ||
| Q2 24 | $-67.0M | $70.9M | ||
| Q1 24 | $-243.4M | $-31.5M |
| Q4 25 | 12.9% | 22.1% | ||
| Q3 25 | 6.7% | 21.5% | ||
| Q2 25 | -3.1% | 13.8% | ||
| Q1 25 | 10.8% | -7.9% | ||
| Q4 24 | 13.0% | 11.7% | ||
| Q3 24 | -58.1% | 9.9% | ||
| Q2 24 | -25.2% | 11.9% | ||
| Q1 24 | -119.1% | -5.9% |
| Q4 25 | 2.8% | 6.8% | ||
| Q3 25 | 0.8% | 5.8% | ||
| Q2 25 | 0.4% | 6.0% | ||
| Q1 25 | 4.6% | 9.3% | ||
| Q4 24 | 6.2% | 10.7% | ||
| Q3 24 | 20.1% | 7.7% | ||
| Q2 24 | 8.4% | 6.7% | ||
| Q1 24 | 12.9% | 7.4% |
| Q4 25 | — | 2.77× | ||
| Q3 25 | — | 1.58× | ||
| Q2 25 | — | 1.21× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 2.09× | ||
| Q3 24 | — | 1.10× | ||
| Q2 24 | — | 1.14× | ||
| Q1 24 | — | 0.11× |
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% |
SSD
| Wood Construction | $352.0M | 65% |
| Other | $122.4M | 23% |
| Concrete Construction | $64.6M | 12% |
| Other Products | $318.0K | 0% |
