Ichor vs SolarEdge
SolarEdge reported revenue of $1.2 billion in fiscal 2025, 1.2 times Ichor's $948 million in fiscal 2025. Ichor's revenue grew 11.6% in its latest year, and SolarEdge's grew 31.4%. Ichor had an operating margin of -4.1%, against -25.5% at SolarEdge. Free cash flow was −$6 million at Ichor and $81 million at SolarEdge. Their fiscal years end in different months (December 26 and December 31), so the periods don't line up exactly.
Side by side
| Ichor | SolarEdge | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 26, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $948M | $1.2B |
| Revenue growth | 11.6% | 31.4% |
| Revenue growth a year, last 5 years | 0.7% | −4.1% |
| Gross margin | 9.3% | 16.6% |
| Operating margin | −4.1% | −25.5% |
| Net margin | −5.6% | −34.2% |
| Free cash flow | −$6M | $81M |
| Free cash flow margin | −0.7% | 6.8% |
| Return on capital | −4.4% | −45.1% |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $0M | $0M |
| Change in diluted share count | 4.5% | 3.3% |
| Last close | $30.96 | $27.51 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | bought $145,300, sold $13.8 million | sold $99,473 |
| Piotroski F-score | 4 of 9 | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
IchorSolarEdge
Operating margin
Percent of revenue
IchorSolarEdge
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
IchorSolarEdge