Stocks · Technology · Semiconductors & Related Devices

SOLAREDGE TECHNOLOGIES, INC.

SEDG Clue Score31
United States Fiscal year ends December CIK 0001419612
$32.21 -0.80% Close, 9 Oct 2026
Price $32.21 −88.36% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue607.0Operating income91.1Net income84.2EPS, diluted1.85Fiscal year 2018Revenue937.2 +54.4%Operating income139.4Net income128.8 +53.1%EPS, diluted2.69 +45.4%Fiscal year 2019Revenue1,425.7 +52.1%Operating income189.9Net income146.5 +13.8%EPS, diluted2.90 +7.8%Fiscal year 2020Revenue1,459.3 +2.4%Operating income142.6Net income140.3 −4.2%EPS, diluted2.66 −8.3%Fiscal year 2021Revenue1,963.9 +34.6%Operating income207.1Net income169.2 +20.6%EPS, diluted3.06 +15.0%Fiscal year 2022Revenue3,110.3 +58.4%Operating income166.1Net income441.7 +161.1%EPS, diluted1.65 −46.1%Fiscal year 2023Revenue2,976.5 −4.3%Operating income40.2Net income34.3 −92.2%EPS, diluted0.60 −63.6%Fiscal year 2024Revenue901.5 −69.7%Operating income−1,708.3Net income−1,806.4 −5,361.9%EPS, diluted−31.64 −5,373.3%Fiscal year 2025Revenue1,184.4 +31.4%Operating income−301.7Net income−405.4EPS, diluted−6.88
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 607.0 937.2 1,425.7 1,459.3 1,963.9 3,110.3 2,976.5 901.5 1,184.4
Growth +54.4% +52.1% +2.4% +34.6% +58.4% −4.3% −69.7% +31.4%
Operating income 91.1 139.4 189.9 142.6 207.1 166.1 40.2 −1,708.3 −301.7
Net income 84.2 128.8 146.5 140.3 169.2 441.7 34.3 −1,806.4 −405.4
Growth +53.1% +13.8% −4.2% +20.6% +161.1% −92.2% −5,361.9%
EPS, diluted 1.85 2.69 2.90 2.66 3.06 1.65 0.60 −31.64 −6.88
Growth +45.4% +7.8% −8.3% +15.0% −46.1% −63.6% −5,373.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin35.4%Operating margin15.0%Net margin13.9%Free cash flow margin19.0%Fiscal year 2018Gross margin34.1%Operating margin14.9%Net margin13.7%Free cash flow margin16.1%Fiscal year 2019Gross margin33.6%Operating margin13.3%Net margin10.3%Free cash flow margin13.1%Fiscal year 2020Gross margin31.6%Operating margin9.8%Net margin9.6%Free cash flow margin6.6%Fiscal year 2021Gross margin32.0%Operating margin10.5%Net margin8.6%Free cash flow margin3.3%Fiscal year 2022Gross margin27.2%Operating margin5.3%Net margin14.2%Free cash flow margin−4.4%Fiscal year 2023Gross margin23.6%Operating margin1.4%Net margin1.2%Free cash flow margin−11.8%Fiscal year 2024Gross margin−97.3%Operating margin−189.5%Net margin−200.4%Free cash flow margin−46.8%Fiscal year 2025Gross margin16.6%Operating margin−25.5%Net margin−34.2%Free cash flow margin6.8%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 35.4% 34.1% 33.6% 31.6% 32.0% 27.2% 23.6% −97.3% 16.6%
Operating margin 15.0% 14.9% 13.3% 9.8% 10.5% 5.3% 1.4% −189.5% −25.5%
Net margin 13.9% 13.7% 10.3% 9.6% 8.6% 14.2% 1.2% −200.4% −34.2%
Free cash flow margin 19.0% 16.1% 13.1% 6.6% 3.3% −4.4% −11.8% −46.8% 6.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow136.7Capital expenditure−21.4Free cash flow115.3Fiscal year 2018Operating cash flow189.1Capital expenditure−38.6Free cash flow150.5 +30.5%Fiscal year 2019Operating cash flow259.0Capital expenditure−72.6Free cash flow186.4 +23.9%Fiscal year 2020Operating cash flow222.7Capital expenditure−126.8Free cash flow95.9 −48.6%Fiscal year 2021Operating cash flow214.1Capital expenditure−149.3Free cash flow64.9 −32.3%Fiscal year 2022Operating cash flow31.3Capital expenditure−169.3Free cash flow−138.1 −312.8%Buybacks0.0Fiscal year 2023Operating cash flow−180.1Capital expenditure−170.5Free cash flow−350.6Buybacks0.0Fiscal year 2024Operating cash flow−313.3Capital expenditure−108.2Free cash flow−421.5Buybacks−50.2Fiscal year 2025Operating cash flow104.3Capital expenditure−23.5Free cash flow80.8Buybacks0.0
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 136.7 189.1 259.0 222.7 214.1 31.3 −180.1 −313.3 104.3
Capital expenditure −21.4 −38.6 −72.6 −126.8 −149.3 −169.3 −170.5 −108.2 −23.5
Free cash flow 115.3 150.5 186.4 95.9 64.9 −138.1 −350.6 −421.5 80.8
Growth +30.5% +23.9% −48.6% −32.3% −312.8%
Buybacks n/a n/a n/a n/a n/a 0.0 0.0 −50.2 0.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2017Cash163.2Shareholders’ equity397.5Fiscal year 2018Cash187.8Shareholders’ equity562.4Fiscal year 2019Cash223.9Shareholders’ equity811.7Fiscal year 2020Cash827.1Shareholders’ equity1,085.8Fiscal year 2021Cash530.1Shareholders’ equity1,310.0Fiscal year 2022Cash783.1Shareholders’ equity2,176.4Fiscal year 2023Cash338.5Shareholders’ equity2,411.9Fiscal year 2024Cash274.6Shareholders’ equity658.3Fiscal year 2025Cash455.1Shareholders’ equity427.5
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 163.2 187.8 223.9 827.1 530.1 783.1 338.5 274.6 455.1
Shareholders’ equity 397.5 562.4 811.7 1,085.8 1,310.0 2,176.4 2,411.9 658.3 427.5

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
163.2 187.8 223.9 827.1 530.1 783.1 338.5 274.6 455.1
109.5 173.6 298.4 218.7 456.3 905.1 622.4 160.4 267.4
83.0 141.5 170.8 331.7 380.1 729.2 1,443.4 645.9 552.6
51.2 119.3 177.0 303.4 410.4 544.0 614.6 343.4 269.4
n/a 34.9 129.7 140.5 129.6 31.2 43.0 48.4 50.1
641.3 964.5 1,494.6 2,437.1 2,901.0 4,265.9 4,587.7 2,646.5 2,182.2
Growth +50.4% +55.0% +63.1% +19.0% +47.1% +7.5% −42.3% −17.5%
Equity
66.2 191.1 337.7 478.0 650.1 743.8 778.2 −1,028.2 −1,433.6
397.5 562.4 811.7 1,085.8 1,310.0 2,176.4 2,411.9 658.3 427.5
Growth +41.5% +44.3% +33.8% +20.7% +66.1% +10.8% −72.7% −35.1%
Per share and net cash
43.8 46.1 48.9 51.6 52.8 56.1 57.1 58.0 60.4
calc 9.07 12.21 16.60 21.06 24.80 38.77 42.22 11.35 7.08

Lines marked calc are worked out here from filed figures; point at one for how.