Complete financial analysis of SolarEdge Technologies, Inc. (SEDG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of SolarEdge Technologies, Inc., a leading company in the Solar industry within the Energy sector.
- dormakaba Holding AG (DOKA.SW) Income Statement Analysis – Financial Results
- Pacific Gas and Electric Company PFD 1ST 4.36% (PCG-PI) Income Statement Analysis – Financial Results
- Hakudo Co., Ltd. (7637.T) Income Statement Analysis – Financial Results
- La Tim Metal & Industries Limited (LATIMMETAL.BO) Income Statement Analysis – Financial Results
- The Swatch Group AG (SWGNF) Income Statement Analysis – Financial Results
SolarEdge Technologies, Inc. (SEDG)
About SolarEdge Technologies, Inc.
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. It operates through five segments: Solar, Energy Storage, e-Mobility, Critical Power, and Automation Machines. The company offers inverters, power optimizers, communication devices, and smart energy management solutions used in residential, commercial, and small utility-scale solar installations; and a cloud-based monitoring platform that collects and processes information from the power optimizers and inverters, as well as monitors and manages the solar PV system. It also provides residential, commercial, and large scale PV, energy storage and backup, electric vehicle charging, and home energy management solutions, as well as grid services; and e-Mobility, automation machines, lithium-ion cells and battery packs, and uninterrupted power supply solutions, as well as virtual power plants, which helps to manage the load on the grid and grid stability. In addition, the company offers pre-sales support, ongoing trainings, and technical support and after installation services. The company sells its products to the providers of solar PV systems; and solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. was founded in 2006 and is headquartered in Herzliya, Israel.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.98B | 3.11B | 1.96B | 1.46B | 1.43B | 937.24M | 607.05M | 479.99M | 489.84M | 325.08M | 133.22M | 79.04M | 75.35M |
| Cost of Revenue | 2.27B | 2.27B | 1.33B | 997.91M | 946.32M | 618.00M | 392.28M | 318.10M | 337.89M | 243.30M | 111.25M | 74.63M | 76.03M |
| Gross Profit | 703.82M | 844.65M | 629.32M | 461.36M | 479.34M | 319.24M | 214.77M | 161.89M | 151.96M | 81.78M | 21.97M | 4.41M | -677.00K |
| Gross Profit Ratio | 23.65% | 27.16% | 32.04% | 31.62% | 33.62% | 34.06% | 35.38% | 33.73% | 31.02% | 25.16% | 16.49% | 5.58% | -0.90% |
| Research & Development | 321.48M | 289.81M | 219.63M | 163.12M | 121.35M | 82.25M | 54.97M | 40.56M | 33.23M | 22.02M | 18.26M | 15.82M | 13.78M |
| General & Administrative | 146.50M | 112.50M | 82.20M | 63.12M | 57.67M | 29.26M | 18.68M | 12.12M | 12.13M | 6.54M | 4.29M | 3.26M | 3.07M |
| Selling & Marketing | 164.32M | 159.68M | 119.00M | 95.99M | 87.98M | 68.31M | 50.03M | 38.20M | 34.83M | 24.97M | 17.79M | 12.78M | 9.93M |
| SG&A | 310.82M | 272.18M | 201.20M | 159.10M | 145.65M | 97.57M | 68.71M | 54.26M | 46.97M | 31.51M | 22.09M | 16.05M | 13.00M |
| Other Expenses | 0.00 | 7.72M | 859.00K | 4.90M | -17.12M | 0.00 | -1.35M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 663.62M | 678.53M | 422.18M | 318.80M | 267.00M | 179.82M | 123.68M | 94.82M | 80.20M | 53.53M | 40.34M | 31.87M | 26.78M |
| Cost & Expenses | 2.94B | 2.94B | 1.76B | 1.32B | 1.21B | 797.82M | 515.96M | 412.92M | 418.08M | 296.82M | 151.59M | 106.50M | 102.81M |
| Interest Income | 33.16M | 11.95M | 3.16M | 3.82M | 4.71M | 5.63M | 4.40M | 4.07M | 1.11M | 0.00 | 2.01M | 1.07M | 0.00 |
| Interest Expense | 15.39M | 9.95M | 8.67M | 8.07M | 4.81M | 2.54M | 1.71M | 0.00 | 0.00 | 895.00K | 0.00 | 0.00 | 58.00K |
| Depreciation & Amortization | 57.20M | 49.68M | 39.54M | 31.83M | 26.90M | 12.62M | 7.16M | 5.52M | 3.85M | 2.25M | 1.98M | 1.84M | 1.28M |
| EBITDA | 153.69M | 237.63M | 237.44M | 206.06M | 211.32M | 152.14M | 107.40M | 68.08M | 76.08M | 26.60M | -17.19M | -25.10M | -26.41M |
| EBITDA Ratio | 5.16% | 7.51% | 12.65% | 11.96% | 15.85% | 16.75% | 16.29% | 15.12% | 15.55% | 9.27% | -12.33% | -32.44% | -34.74% |
| Operating Income | 40.21M | 166.12M | 207.14M | 142.56M | 189.95M | 139.42M | 91.09M | 67.08M | 71.76M | 28.26M | -18.37M | -27.46M | -27.46M |
| Operating Income Ratio | 1.35% | 5.34% | 10.55% | 9.77% | 13.32% | 14.88% | 15.00% | 13.97% | 14.65% | 8.69% | -13.79% | -34.74% | -36.44% |
| Total Other Income/Expenses | 40.89M | 11.04M | -19.92M | 21.11M | -11.34M | -2.30M | 9.16M | -5.88M | 471.00K | -5.18M | -2.79M | -612.00K | -287.00K |
| Income Before Tax | 81.10M | 177.16M | 187.22M | 163.67M | 178.60M | 137.12M | 100.24M | 61.20M | 72.23M | 23.08M | -21.16M | -28.07M | -27.75M |
| Income Before Tax Ratio | 2.72% | 5.70% | 9.53% | 11.22% | 12.53% | 14.63% | 16.51% | 12.75% | 14.75% | 7.10% | -15.88% | -35.52% | -36.82% |
| Income Tax Expense | 46.42M | 83.38M | 18.05M | 23.34M | 33.65M | 9.08M | 16.07M | 10.43M | -4.38M | 1.96M | 220.00K | 108.00K | 36.00K |
| Net Income | 34.33M | 93.78M | 169.17M | 140.32M | 146.55M | 128.83M | 84.17M | 50.76M | 76.61M | 21.12M | -21.38M | -28.18M | -27.78M |
| Net Income Ratio | 1.15% | 3.02% | 8.61% | 9.62% | 10.28% | 13.75% | 13.87% | 10.58% | 15.64% | 6.50% | -16.05% | -35.66% | -36.87% |
| EPS | 0.61 | 1.70 | 3.24 | 2.79 | 3.06 | 2.69 | 1.99 | 1.24 | 1.92 | 0.30 | -0.72 | -0.95 | -0.73 |
| EPS Diluted | 0.60 | 1.61 | 3.02 | 2.66 | 2.92 | 2.69 | 1.85 | 1.16 | 1.73 | 0.27 | -0.68 | -0.89 | -0.71 |
| Weighted Avg Shares Out | 56.56M | 55.09M | 52.20M | 50.22M | 47.92M | 47.89M | 42.30M | 41.03M | 39.99M | 11.90M | 29.70M | 29.70M | 38.07M |
| Weighted Avg Shares Out (Dil) | 57.24M | 58.10M | 55.97M | 52.80M | 50.20M | 47.98M | 45.43M | 43.84M | 44.38M | 15.27M | 31.64M | 31.64M | 39.12M |
SolarEdge Stock Swoons as 'Excess Inventory' Leads To Layoffs
Solar Stocks Slide As SolarEdge Announces Latest Round Of Layoffs
SolarEdge Layoffs 2024: What to Know About the Latest Solar Job Cuts
SolarEdge Technologies to lay off 400 employees
SolarEdge Marks Milestones in U.S. Manufacturing Strategy: Achieving Targeted Inverter Production Level in Texas and Shipping First Power Optimizers from Florida
Big News for SolarEdge: Down 70%, Is It Time to Buy the Dip?
SolarEdge Stock Soars After Bank of America Upgrade
SolarEdge Technologies' Shares Are Trading At 5-Year Lows: Analyst Expects 'Return To Profitability' In 2025
The 2 Most Downgraded Stocks: Sell One, Buy the Other
Rutgers University Selects SolarEdge Technologies for Its Agrivoltaics Research and to Assist the Development of the New Jersey's Dual-Use Solar Energy Pilot Program
Source: https://incomestatements.info
Category: Stock Reports