First Solar (FSLR) vs SolarEdge Technologies (SEDG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
SolarEdge Technologies (SEDG) has outperformed First Solar (FSLR) over the past year, losing 16.6% versus a loss of 24.1%. Over five years, FSLR leads with a +69.2% price change compared with -89.2% for SEDG. First Solar is the larger company by market cap ($19.11 billion vs $1.98 billion), about 9.6 times the size, while SolarEdge Technologies is growing revenue faster (+31.4% vs +24.1%).
On valuation, First Solar trades at a lower forward P/E (7.7x vs 39.9x for SolarEdge Technologies). First Solar converts more of its revenue into profit, with a net margin of 29.3% versus -34.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FSLR | SEDG |
|---|---|---|
| Share price | $177.82 | $32.21 |
| Market cap | $19.11B | $1.98B |
| 1-day change | -0.58% | -0.80% |
| YTD return | -31.93% | +11.65% |
| 1-year return | -24.11% | -16.58% |
| 5-year return | +69.18% | -89.25% |
| P/E ratio (TTM) | 10.96 | — |
| Forward P/E | 7.67 | 39.93 |
| EPS (TTM) | $16.22 | $-4.46 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $5.22B | $1.18B |
| Revenue growth (YoY) | +24.09% | +31.39% |
| Net income (latest FY) | $1.53B | $-405.45M |
| Gross margin | 40.62% | 16.57% |
| Operating margin | 30.59% | -25.47% |
| Net margin | 29.28% | -34.23% |
| 52-week high | $320.95 | $81.25 |
| 52-week low | $168.60 | $28.21 |
| Distance from 52-week high | -44.60% | -60.36% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +54.35% | +18.47% |
| Average volume | 2.27M | 3.10M |
| Shares outstanding | 107.47M | 61.53M |
| Employees | 7,900 | 3,576 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- First Solar is about 9.6 times larger than SolarEdge Technologies by market value ($19.11B vs $1.98B).
- First Solar is more profitable, keeping 29.3 cents of every revenue dollar as net income versus -34.2 cents for SolarEdge Technologies.
- SolarEdge Technologies grew revenue faster in its latest fiscal year (+31.39% vs +24.09%).
About First Solar
FSLR stock →First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules.
Technology · Semiconductors · 7,900 employees
About SolarEdge Technologies
SEDG stock →SolarEdge Technologies, Inc., together with its subsidiaries, operates as an energy technology company in the United States, Europe, and internationally. The company offers power optimizers and DC-to-AC inverters; Storage Solutions, such as home battery 400V and CSS-OD solution; EV chargers for residential and commercial applications; SolarEdge ONE, an energy optimization system; and cloud-based monitoring platform.
Technology · Semiconductors · 3,576 employees
FSLR vs SEDG FAQ
Which is bigger, First Solar or SolarEdge Technologies?
First Solar (FSLR) is larger, with a market capitalization of $19.11B compared with $1.98B for SolarEdge Technologies (SEDG).
Which stock has performed better over the past year, FSLR or SEDG?
SEDG returned -16.58% over the past 12 months, compared with -24.11% for FSLR (price return, excluding dividends). Past performance does not predict future results.
Are First Solar and SolarEdge Technologies in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.