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Shoals Technologies Group, Inc.（SHLS）与Upstart Holdings, Inc.（UPST）财务数据对比。点击上方公司名可切换其他公司
Upstart Holdings, Inc.的季度营收约是Shoals Technologies Group, Inc.的2.2倍（$308.2M vs $140.6M），Shoals Technologies Group, Inc.净利率更高（-0.2% vs -2.2%，领先1.9%），Shoals Technologies Group, Inc.同比增速更快（74.9% vs 44.4%），过去两年Upstart Holdings, Inc.的营收复合增速更高（55.4% vs 19.0%）
Shoals科技集团是可再生能源及电动出行领域的电气系统平衡解决方案供应商，核心产品覆盖光伏、储能及充电桩用连接组件，主要服务北美、欧洲、亚太市场的公用事业、工商业及民用客户。
Upstart是一家AI信贷平台服务商，与银行及信用合作社合作，将教育背景、就业情况等非传统指标纳入信用评估模型，更精准地预测借款人的信用状况，为用户提供消费贷款服务，助力金融机构提升信贷效率、扩大服务覆盖范围。
SHLS vs UPST — 直观对比
营收规模更大
UPST
是对方的2.2倍
$140.6M
营收增速更快
SHLS
高出30.5%
44.4%
净利率更高
SHLS
高出1.9%
-2.2%
两年增速更快
UPST
近两年复合增速
19.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $140.6M | $308.2M |
| 净利润 | $-297.0K | $-6.6M |
| 毛利率 | 29.2% | — |
| 营业利润率 | 5.5% | -2.4% |
| 净利率 | -0.2% | -2.2% |
| 营收同比 | 74.9% | 44.4% |
| 净利润同比 | -5.3% | -171.6% |
| 每股收益（稀释后） | $0.00 | $-0.07 |
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SHLSUPST
| Q1 26 | $140.6M | $308.2M | ||
| Q4 25 | $148.3M | $296.1M | ||
| Q3 25 | $135.8M | $277.1M | ||
| Q2 25 | $110.8M | $257.3M | ||
| Q1 25 | $80.4M | $213.4M | ||
| Q4 24 | $107.0M | $219.0M | ||
| Q3 24 | $102.2M | $162.1M | ||
| Q2 24 | $99.2M | $127.6M |
净利润SHLSUPST
| Q1 26 | $-297.0K | $-6.6M | ||
| Q4 25 | $8.1M | $18.6M | ||
| Q3 25 | $11.9M | $31.8M | ||
| Q2 25 | $13.9M | $5.6M | ||
| Q1 25 | $-282.0K | $-2.4M | ||
| Q4 24 | $7.8M | $-2.8M | ||
| Q3 24 | $-267.0K | $-6.8M | ||
| Q2 24 | $11.8M | $-54.5M |
毛利率SHLSUPST
| Q1 26 | 29.2% | — | ||
| Q4 25 | 31.6% | — | ||
| Q3 25 | 37.0% | — | ||
| Q2 25 | 37.2% | — | ||
| Q1 25 | 35.0% | — | ||
| Q4 24 | 37.6% | — | ||
| Q3 24 | 24.8% | — | ||
| Q2 24 | 40.3% | — |
营业利润率SHLSUPST
| Q1 26 | 5.5% | -2.4% | ||
| Q4 25 | 11.7% | 6.4% | ||
| Q3 25 | 13.7% | 8.5% | ||
| Q2 25 | 14.4% | 1.8% | ||
| Q1 25 | 5.4% | -2.1% | ||
| Q4 24 | 15.4% | -2.2% | ||
| Q3 24 | 4.4% | -27.8% | ||
| Q2 24 | 18.7% | -43.5% |
净利率SHLSUPST
| Q1 26 | -0.2% | -2.2% | ||
| Q4 25 | 5.5% | 6.3% | ||
| Q3 25 | 8.7% | 11.5% | ||
| Q2 25 | 12.5% | 2.2% | ||
| Q1 25 | -0.4% | -1.1% | ||
| Q4 24 | 7.3% | -1.3% | ||
| Q3 24 | -0.3% | -4.2% | ||
| Q2 24 | 11.9% | -42.7% |
每股收益（稀释后）SHLSUPST
| Q1 26 | $0.00 | $-0.07 | ||
| Q4 25 | $0.05 | $0.20 | ||
| Q3 25 | $0.07 | $0.23 | ||
| Q2 25 | $0.08 | $0.05 | ||
| Q1 25 | $0.00 | $-0.03 | ||
| Q4 24 | $0.04 | $-0.01 | ||
| Q3 24 | $0.00 | $-0.07 | ||
| Q2 24 | $0.07 | $-0.62 |
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 | $1.9M | $472.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $601.6M | $733.2M |
| 总资产 | $1.0B | $3.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资SHLSUPST
| Q1 26 | $1.9M | $472.9M | ||
| Q4 25 | $7.3M | $652.4M | ||
| Q3 25 | $8.6M | $489.8M | ||
| Q2 25 | $4.7M | $395.9M | ||
| Q1 25 | $35.6M | $599.8M | ||
| Q4 24 | $23.5M | $788.4M | ||
| Q3 24 | $11.1M | — | ||
| Q2 24 | $3.2M | — |
总债务SHLSUPST
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $141.8M | — | ||
| Q4 24 | $141.8M | — | ||
| Q3 24 | $141.8M | — | ||
| Q2 24 | $146.8M | — |
股东权益SHLSUPST
| Q1 26 | $601.6M | $733.2M | ||
| Q4 25 | $600.0M | $798.8M | ||
| Q3 25 | $589.6M | $743.7M | ||
| Q2 25 | $575.4M | $722.0M | ||
| Q1 25 | $558.9M | $676.6M | ||
| Q4 24 | $556.8M | $633.2M | ||
| Q3 24 | $545.2M | $595.5M | ||
| Q2 24 | $544.6M | $594.7M |
总资产SHLSUPST
| Q1 26 | $1.0B | $3.0B | ||
| Q4 25 | $904.1M | $3.0B | ||
| Q3 25 | $851.8M | $2.9B | ||
| Q2 25 | $795.0M | $2.5B | ||
| Q1 25 | $788.4M | $2.3B | ||
| Q4 24 | $793.1M | $2.4B | ||
| Q3 24 | $801.3M | $1.8B | ||
| Q2 24 | $788.4M | $1.8B |
负债/权益比SHLSUPST
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.25× | — | ||
| Q4 24 | 0.25× | — | ||
| Q3 24 | 0.26× | — | ||
| Q2 24 | 0.27× | — |
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 | — | $-133.3M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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SHLSUPST
| Q1 26 | — | $-133.3M | ||
| Q4 25 | $-4.1M | $108.6M | ||
| Q3 25 | $19.4M | $-122.6M | ||
| Q2 25 | $-13.8M | $-120.2M | ||
| Q1 25 | $15.6M | $-13.5M | ||
| Q4 24 | $14.0M | $-110.9M | ||
| Q3 24 | $15.7M | $179.3M | ||
| Q2 24 | $37.8M | $65.3M |
自由现金流SHLSUPST
| Q1 26 | — | — | ||
| Q4 25 | $-11.3M | $108.4M | ||
| Q3 25 | $9.0M | $-122.7M | ||
| Q2 25 | $-26.0M | $-120.3M | ||
| Q1 25 | $12.3M | — | ||
| Q4 24 | $12.5M | — | ||
| Q3 24 | $13.3M | $179.2M | ||
| Q2 24 | $35.8M | $65.3M |
自由现金流率SHLSUPST
| Q1 26 | — | — | ||
| Q4 25 | -7.6% | 36.6% | ||
| Q3 25 | 6.6% | -44.3% | ||
| Q2 25 | -23.5% | -46.7% | ||
| Q1 25 | 15.4% | — | ||
| Q4 24 | 11.6% | — | ||
| Q3 24 | 13.0% | 110.5% | ||
| Q2 24 | 36.1% | 51.1% |
资本支出强度SHLSUPST
| Q1 26 | — | — | ||
| Q4 25 | 4.8% | 0.1% | ||
| Q3 25 | 7.7% | 0.0% | ||
| Q2 25 | 11.0% | 0.0% | ||
| Q1 25 | 4.0% | 0.0% | ||
| Q4 24 | 1.4% | 0.0% | ||
| Q3 24 | 2.3% | 0.1% | ||
| Q2 24 | 2.0% | 0.0% |
现金转化率SHLSUPST
| Q1 26 | — | — | ||
| Q4 25 | -0.50× | 5.82× | ||
| Q3 25 | 1.63× | -3.86× | ||
| Q2 25 | -1.00× | -21.43× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.79× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.21× | — |
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
SHLS
暂无分部数据
UPST
| Platform and referral fees, net | $224.6M | 73% |
| Servicing and other fees, net | $52.4M | 17% |
| Other | $31.2M | 10% |
