SolarEdge Technologies, Inc. (SEDG) — Financial statements
Income statement, balance sheet, and cash flow for SolarEdge Technologies, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,184↑31.4% | 901↓69.7% | 2,977↓4.3% | 3,110↑58.4% | 1,964 | |
| Cost of Revenue | 1,003↓43.6% | 1,779↓21.7% | 2,273↑0.3% | 2,266↑69.8% | 1,335 | |
| Gross Profit | 182↑120.7% | -877↓224.6% | 704↓16.7% | 845↑34.2% | 629 | |
| Operating Expenses | ||||||
| R&D Expenses | 221↓20.2% | 277↓13.8% | 321↑10.9% | 290↑32.0% | 220 | |
| General & Administrative Expenses | 101↓31.5% | 147↑0.6% | 147↑30.2% | 112↑36.9% | 82 | |
| Selling & Marketing Expenses | 117↓20.1% | 147↓10.6% | 164↑2.9% | 160↑34.2% | 119 | |
| SG&A Expenses | 218↓25.8% | 294↓5.3% | 311↑14.2% | 272↑35.3% | 201 | |
| Other Expenses | 27↓89.5% | 260↑728.8% | 31↓73.1% | 117↑8532.4% | 1 | |
| Operating Expenses | 467↓43.8% | 831↑25.2% | 664↓2.2% | 679↑60.7% | 422 | |
| Total Costs & Expenses | 1,470↓43.7% | 2,610↓11.1% | 2,936↓0.3% | 2,944↑67.6% | 1,757 | |
| Operating Results | ||||||
| Operating Income | -285↑83.3% | -1,708↓4348.9% | 40↓75.8% | 166↓19.8% | 207 | |
| Depreciation & Amortization | 24↓59.8% | 60↑4.7% | 57↑15.1% | 50↑25.7% | 40 | |
| EBITDA | -287↑82.5% | -1,640↓1251.2% | 142↓38.4% | 231↑0.4% | 230 | |
| EBIT | -311↑81.7% | -1,700↓2093.3% | 85↓53.0% | 182↓4.8% | 191 | |
| Interest & Other Income | ||||||
| Net Interest Income | -68↓532.8% | 16↓11.8% | 18↑7180.5% | -0.25↑96.7% | -8 | |
| Interest Income | 13↓61.8% | 34↑3.5% | 33↑214.3% | 11↑254.9% | 3 | |
| Interest Expense | 81↑333.9% | 19↑21.2% | 15↑42.5% | 11↑1.1% | 11 | |
| Non-Operating Income | 26↑419.0% | -8↑82.1% | -45↓191.3% | -15↓194.4% | 16 | |
| Other Income / Expenses | -107↓463495.6% | -0.02↓100.1% | 41↑267.4% | 11↑155.4% | -20 | |
| Income Before Tax | -392↑77.1% | -1,708↓2215.6% | 81↓54.4% | 177↓5.4% | 187 | |
| Income Tax Expense | 14↓85.8% | 96↑107.1% | 46↓44.3% | 83↑361.8% | 18 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -405↑77.5% | -1,804↓5356.4% | 34↓63.4% | 94↓44.6% | 169 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -405↑77.6% | -1,806↓5361.9% | 34↓63.4% | 94↓44.6% | 169 | |
| Bottom-Line Net Income | -405↑77.6% | -1,806↓5361.9% | 34↓64.2% | 96↓44.0% | 171 | |
| EPS (Basic) | -6.90↑78.2% | -31.64↓5286.9% | 0.61↓64.1% | 1.70↓47.5% | 3.24 | |
| EPS (Diluted) | -6.90↑78.2% | -31.64↓5373.3% | 0.60↓63.6% | 1.65↓46.1% | 3.06 | |
| Weighted Average Shares | 60↑4.8% | 57↑0.9% | 57↑2.7% | 55↑5.5% | 52 | |
| Weighted Average Diluted Shares | 60↑4.8% | 57↓0.3% | 57↓1.5% | 58↑3.8% | 56 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.