SEDG · XBRL financial data
Solaredge Technologies financial statements, every fiscal year
The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (SEDG's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 1,459 | 1,964 | 3,110 | 2,977 | 901 | 1,184 |
| Cost of revenue | 998 | 1,335 | 2,266 | 2,273 | 1,779 | 988 |
| Gross profit | 461 | 629 | 845 | 704 | (877) | 196 |
| Research and development | 163 | 220 | 290 | 321 | 277 | 221 |
| General and administrative | 63 | 82 | 112 | 147 | 147 | 101 |
| Total operating expenses | 319 | 422 | 679 | 664 | 831 | 498 |
| Other operating income (expense) | 3 | (1) | (117) | 31 | 260 | 58 |
| Operating income (loss) | 143 | 207 | 166 | 40 | (1,708) | (302) |
| Interest income | 0 | 1 | 1 | 7 | 16 | 11 |
| Interest expense | 5 | 6 | 2 | 1 | 1 | 1 |
| Other income (expense) | — | 0 | 7 | (0) | 15 | (17) |
| Income tax expense (benefit) | 23 | 18 | 83 | 46 | 96 | 13 |
| Net income (loss) | 140 | 169 | 94 | 34 | (1,255) | (405) |
| Earnings per share, basic USD per share | 2.79 | 3.24 | 1.70 | 0.61 | (31.64) | (6.88) |
| Earnings per share, diluted USD per share | 2.66 | 3.06 | 1.65 | 0.60 | (31.64) | (6.88) |
| Weighted average shares, basic millions of shares | 50 | 52 | 55 | 57 | 57 | 59 |
| Weighted average shares, diluted millions of shares | 53 | 56 | 58 | 57 | 57 | 59 |
Balance sheet
CSVFiscal years (SEDG's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 827 | 530 | 783 | 338 | 275 | 455 |
| Marketable securities | 144 | 168 | 241 | 522 | 311 | 38 |
| Marketable securities, non-current | 147 | 482 | 645 | 408 | 43 | 0 |
| Accounts receivable | 219 | 456 | 905 | 622 | 160 | 267 |
| Inventory | 332 | 380 | 729 | 1,443 | 646 | 553 |
| Prepaid and other current assets | 135 | 177 | 241 | 378 | 507 | 342 |
| Total current assets | 1,719 | 1,711 | 2,900 | 3,304 | 2,034 | 1,740 |
| Property and equipment, net | 303 | 410 | 544 | 615 | 343 | 269 |
| Right-of-use asset | 42 | 47 | 63 | 64 | 41 | 48 |
| Goodwill | 140 | 130 | 31 | 43 | 48 | 50 |
| Total assets | 2,437 | 2,892 | 4,266 | 4,588 | 2,630 | 2,182 |
| Accounts payable | 162 | 252 | 460 | 386 | 93 | 272 |
| Accrued liabilities | 54 | 51 | 118 | 142 | 164 | 211 |
| Total current liabilities | 436 | 525 | 890 | 893 | 1,041 | 803 |
| Lease liability, non-current | 35 | 39 | 46 | 45 | 30 | 37 |
| Retained earnings (accumulated deficit) | 478 | 650 | 744 | 778 | (1,028) | (1,434) |
| Total stockholders' equity | 1,086 | 1,310 | 2,176 | 2,412 | 658 | 427 |
| Total liabilities and equity | 2,437 | 2,892 | 4,266 | 4,588 | 2,630 | 2,182 |
| Common shares outstanding (cover page) millions of shares | 52 | 53 | 56 | 57 | 59 | 60 |
Cash flows
CSVFiscal years (SEDG's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 140 | 169 | 94 | 34 | (1,255) | (405) |
| Stock-based compensation | 67 | 103 | 146 | 150 | 137 | 93 |
| Depreciation and amortization | — | 40 | 50 | 57 | 60 | 31 |
| Net cash from operating activities | 223 | 214 | 31 | (180) | (313) | 104 |
| Purchases of property and equipment | 127 | 149 | 169 | 171 | 108 | 23 |
| Net cash from investing activities | (237) | (484) | (417) | (269) | 416 | 380 |
| Share repurchases | — | — | 0 | 0 | 50 | 0 |
| Net cash from financing activities | 640 | (15) | 655 | (12) | (20) | (349) |
| Net change in cash | — | — | 253 | (445) | 71 | 130 |
Compare with peers
SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Solaredge Technologies | 527 | 346 | 11* | 61.5M | — | 10-QJun 30, 2026 |
| MACOM Technology Solutions Holdings | 90 | 342 | 80* | 76.4M | — | 10-QJul 3, 2026 |
| Array Technologies | 307 | 342 | 121* | 154.0M | — | 10-QJun 30, 2026 |
| Semtech | 204 | 342 | not reported | 93.3M | — | 10-QJul 26, 2026 |
| Kulicke & Soffa Industries | 369 | 330 | 45* | 52.3M | — | 10-QJul 4, 2026 |
| Ichor Holdings | 214 | 329 | (29)* | 37.6M | 8.8 quarters | 10-QSep 25, 2026 |
| Viavi Solutions | 648 | 443* | 67* | 246.7M | — | 10-KJun 27, 2026 |
| Osi Systems | 236 | 403 | 37 | 15.7M | — | 10-QSep 30, 2026 |
| Enphase Energy | 380 | 293 | 0.1* | 132.3M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
