vs
SunPower Inc.（SPWR）与Star Equity Holdings, Inc.（STRR）财务数据对比。点击上方公司名可切换其他公司
SunPower Inc.的季度营收约是Star Equity Holdings, Inc.的1.4倍（$79.7M vs $56.8M），Star Equity Holdings, Inc.净利率更高（-3.0% vs -17.8%，领先14.7%），Star Equity Holdings, Inc.同比增速更快（69.0% vs -10.1%），过去两年SunPower Inc.的营收复合增速更高（118.7% vs 29.5%）
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。
该公司信息存在混淆，Stars Equity Holdings, Inc.为一家投资控股企业，而描述提及的Artists Equity是由本·阿弗莱克和马特·达蒙两位演员兼制片人于2022年11月创立的美国制片公司。
SPWR vs STRR — 直观对比
营收规模更大
SPWR
是对方的1.4倍
$56.8M
营收增速更快
STRR
高出79.1%
-10.1%
净利率更高
STRR
高出14.7%
-17.8%
两年增速更快
SPWR
近两年复合增速
29.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $79.7M | $56.8M |
| 净利润 | $-14.2M | $-1.7M |
| 毛利率 | 35.5% | — |
| 营业利润率 | -27.4% | -0.2% |
| 净利率 | -17.8% | -3.0% |
| 营收同比 | -10.1% | 69.0% |
| 净利润同比 | -130.1% | -192.1% |
| 每股收益（稀释后） | $-0.05 | $-0.49 |
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SPWRSTRR
| Q4 25 | $79.7M | $56.8M | ||
| Q3 25 | $22.0M | $48.0M | ||
| Q2 25 | $67.5M | $35.5M | ||
| Q1 25 | $82.7M | $31.9M | ||
| Q4 24 | $88.7M | $33.6M | ||
| Q3 24 | — | $36.9M | ||
| Q2 24 | — | $35.7M | ||
| Q1 24 | — | $33.9M |
净利润SPWRSTRR
| Q4 25 | $-14.2M | $-1.7M | ||
| Q3 25 | $-16.9M | $-1.8M | ||
| Q2 25 | $-22.4M | $-688.0K | ||
| Q1 25 | $8.1M | $-1.8M | ||
| Q4 24 | $47.0M | $-585.0K | ||
| Q3 24 | — | $-846.0K | ||
| Q2 24 | — | $-441.0K | ||
| Q1 24 | — | $-2.9M |
毛利率SPWRSTRR
| Q4 25 | 35.5% | — | ||
| Q3 25 | — | 43.0% | ||
| Q2 25 | 42.6% | — | ||
| Q1 25 | 48.5% | — | ||
| Q4 24 | 46.5% | — | ||
| Q3 24 | — | 50.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率SPWRSTRR
| Q4 25 | -27.4% | -0.2% | ||
| Q3 25 | -15.7% | -3.4% | ||
| Q2 25 | -4.0% | -0.6% | ||
| Q1 25 | 1.3% | -5.4% | ||
| Q4 24 | -24.2% | -0.4% | ||
| Q3 24 | — | -1.2% | ||
| Q2 24 | — | -0.5% | ||
| Q1 24 | — | -9.0% |
净利率SPWRSTRR
| Q4 25 | -17.8% | -3.0% | ||
| Q3 25 | -76.9% | -3.7% | ||
| Q2 25 | -33.2% | -1.9% | ||
| Q1 25 | 9.8% | -5.5% | ||
| Q4 24 | 53.0% | -1.7% | ||
| Q3 24 | — | -2.3% | ||
| Q2 24 | — | -1.2% | ||
| Q1 24 | — | -8.6% |
每股收益（稀释后）SPWRSTRR
| Q4 25 | $-0.05 | $-0.49 | ||
| Q3 25 | $-0.19 | $-0.54 | ||
| Q2 25 | $-0.28 | $-0.23 | ||
| Q1 25 | $0.00 | $-0.59 | ||
| Q4 24 | $0.27 | $-0.21 | ||
| Q3 24 | — | $-0.28 | ||
| Q2 24 | — | $-0.15 | ||
| Q1 24 | — | $-0.95 |
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 | $9.6M | $10.3M |
| 总债务越低越好 | $164.8M | — |
| 股东权益账面价值 | $-90.1M | $65.7M |
| 总资产 | $241.2M | $113.2M |
| 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SPWRSTRR
| Q4 25 | $9.6M | $10.3M | ||
| Q3 25 | $5.1M | $15.4M | ||
| Q2 25 | $11.1M | $16.8M | ||
| Q1 25 | $10.6M | $16.6M | ||
| Q4 24 | $13.4M | $17.0M | ||
| Q3 24 | — | $15.8M | ||
| Q2 24 | — | $14.7M | ||
| Q1 24 | — | $20.4M |
总债务SPWRSTRR
| Q4 25 | $164.8M | — | ||
| Q3 25 | $204.3M | $6.5M | ||
| Q2 25 | $152.9M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $147.3M | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益SPWRSTRR
| Q4 25 | $-90.1M | $65.7M | ||
| Q3 25 | $-112.3M | $67.8M | ||
| Q2 25 | $-107.2M | $40.1M | ||
| Q1 25 | $-89.0M | $39.5M | ||
| Q4 24 | $-97.5M | $40.4M | ||
| Q3 24 | — | $42.9M | ||
| Q2 24 | — | $42.6M | ||
| Q1 24 | — | $44.3M |
总资产SPWRSTRR
| Q4 25 | $241.2M | $113.2M | ||
| Q3 25 | $208.3M | $117.1M | ||
| Q2 25 | $163.1M | $55.6M | ||
| Q1 25 | $147.8M | $53.2M | ||
| Q4 24 | $144.5M | $52.6M | ||
| Q3 24 | — | $52.6M | ||
| Q2 24 | — | $52.6M | ||
| Q1 24 | — | $52.6M |
负债/权益比SPWRSTRR
| Q4 25 | — | — | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| 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 | $-1.9M | $-7.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-9.0M |
| 自由现金流率自由现金流/营收 | — | -15.8% |
| 资本支出强度资本支出/营收 | — | 3.0% |
| 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 | — | $-13.0M |
8季度趋势，按日历期对齐
经营现金流SPWRSTRR
| Q4 25 | $-1.9M | $-7.3M | ||
| Q3 25 | $-6.4M | $-2.7M | ||
| Q2 25 | $-4.4M | $139.0K | ||
| Q1 25 | $-2.6M | $-802.0K | ||
| Q4 24 | $-25.6M | $-2.8M | ||
| Q3 24 | — | $1.3M | ||
| Q2 24 | — | $-4.3M | ||
| Q1 24 | — | $-1.8M |
自由现金流SPWRSTRR
| Q4 25 | — | $-9.0M | ||
| Q3 25 | — | $-3.4M | ||
| Q2 25 | — | $102.0K | ||
| Q1 25 | — | $-808.0K | ||
| Q4 24 | — | $-2.8M | ||
| Q3 24 | — | $1.3M | ||
| Q2 24 | — | $-4.3M | ||
| Q1 24 | — | $-1.8M |
自由现金流率SPWRSTRR
| Q4 25 | — | -15.8% | ||
| Q3 25 | — | -7.0% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | -2.5% | ||
| Q4 24 | — | -8.3% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | -12.0% | ||
| Q1 24 | — | -5.3% |
资本支出强度SPWRSTRR
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
现金转化率SPWRSTRR
| 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
SPWR
| Residential Solar Installation | $46.9M | 59% |
| New Homes Business | $22.7M | 29% |
| Other | $10.1M | 13% |
STRR
| Revenue From Other Contracts With Customers | $27.6M | 49% |
| Other | $24.3M | 43% |
| Energy Services Segment | $4.9M | 9% |
