SolarEdge Technologies, Inc. (SEDG) quarterly income statement — complete revenue, gross profit & net income history
SolarEdge Technologies, Inc. (SEDG) annual income statement — 14-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 326.08M | 346.25M | 310.5M | 335.36M | 340.18M | 289.43M | 219.48M | 170.75M | 260.9M | 265.4M | 204.4M | 316.04M | 725.3M | 991.29M | 943.89M | 890.7M | 836.72M | 727.77M | 655.08M | 551.91M |
| Revenue Growth % | -4.15% | 19.63% | 41.47% | 96.4% | 30.38% | 9.05% | 7.38% | -45.97% | -64.03% | -73.23% | -78.34% | -64.52% | -13.32% | 36.21% | 44.09% | 61.38% | 58.95% | 51.6% | 61.55% | 54.12% |
| Cost of Goods Sold | 217.84M | 251.09M | 242.34M | 261M | 282.6M | 257.3M | 201.94M | 308.47M | 963.23M | 276.37M | 225.3M | 372.47M | 582.49M | 673.99M | 643.76M | 629.65M | 614.72M | 545.13M | 476.12M | 391.42M |
| COGS % of Revenue | 66.81% | 72.52% | 78.05% | 77.83% | 83.08% | 88.9% | 92.01% | 180.66% | 369.19% | 104.13% | 110.23% | 117.85% | 80.31% | 67.99% | 68.2% | 70.69% | 73.47% | 74.9% | 72.68% | 70.92% |
| Gross Profit | 108.23M | 95.15M | 68.17M | 74.36M | 57.57M | 32.13M | 17.54M | -137.72M | -702.33M | -10.97M | -20.9M | -56.42M | 142.82M | 317.31M | 300.13M | 261.05M | 222M | 182.64M | 178.96M | 160.49M |
| Gross Margin % | 33.19% | 27.48% | 21.95% | 22.17% | 16.92% | 11.1% | 7.99% | -80.66% | -269.19% | -4.13% | -10.23% | -17.85% | 19.69% | 32.01% | 31.8% | 29.31% | 26.53% | 25.1% | 27.32% | 29.08% |
| Gross Profit Growth % | 88% | 196.14% | 288.71% | 153.99% | 108.2% | 392.93% | 183.89% | -144.08% | -591.77% | -103.46% | -106.97% | -121.61% | -35.67% | 73.73% | 67.71% | 62.66% | 28.65% | 16.93% | 27.76% | 45.47% |
| Operating Expenses | 110.14M | 111.2M | 113.91M | 106.14M | 92.72M | 147.62M | 120.26M | 151.41M | 382.94M | 149.21M | 142.06M | 181.16M | 159.54M | 166.95M | 155.97M | 266.21M | 137.59M | 146.63M | 128.09M | 119.45M |
| OpEx % of Revenue | 33.78% | 32.12% | 36.69% | 31.65% | 27.26% | 51.01% | 54.79% | 88.68% | 146.77% | 56.22% | 69.5% | 57.32% | 22% | 16.84% | 16.52% | 29.89% | 16.44% | 20.15% | 19.55% | 21.64% |
| Selling, General & Admin | 55.17M | 51.8M | 63.76M | 56.5M | 53.24M | 48.51M | 60.12M | 66.92M | 78.64M | 78.99M | 68.79M | 73.41M | 79.46M | 80.42M | 77.53M | 72.68M | 70.66M | 67.1M | 61.74M | 55.13M |
| SG&A % of Revenue | 16.92% | 14.96% | 20.53% | 16.85% | 15.65% | 16.76% | 27.39% | 39.19% | 30.14% | 29.76% | 33.66% | 23.23% | 10.96% | 8.11% | 8.21% | 8.16% | 8.44% | 9.22% | 9.43% | 9.99% |
| Research & Development | 52.49M | 52.75M | 50.16M | 51.73M | 54.15M | 53.39M | 62M | 62.24M | 70.37M | 69.28M | 75.35M | 75M | 80.08M | 86.53M | 79.87M | 78.96M | 69.66M | 74.85M | 66.35M | 64.33M |
| R&D % of Revenue | 16.1% | 15.24% | 16.15% | 15.42% | 15.92% | 18.45% | 28.25% | 36.45% | 26.97% | 26.1% | 36.86% | 23.73% | 11.04% | 8.73% | 8.46% | 8.86% | 8.33% | 10.28% | 10.13% | 11.66% |
| Other Operating Expenses | 1000K | 1000K | 0 | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 951K | -1000K | 1000K | 0 | 0 | -1000K | 1000K | -1000K | 1000K | 0 | 0 |
| Operating Income | -1.91M | -16.05M | -45.74M | -31.78M | -35.15M | -115.49M | -102.73M | -289.13M | -1.09B | -160.18M | -162.97M | -237.58M | -16.73M | 150.36M | 144.15M | -5.16M | 84.41M | 36.01M | 50.86M | 41.04M |
| Operating Margin % | -0.58% | -4.63% | -14.73% | -9.48% | -10.33% | -39.9% | -46.8% | -169.33% | -415.97% | -60.35% | -79.73% | -75.17% | -2.31% | 15.17% | 15.27% | -0.58% | 10.09% | 4.95% | 7.76% | 7.44% |
| Operating Income Growth % | 94.57% | 86.11% | 55.47% | 89.01% | 96.76% | 27.9% | 36.97% | -21.7% | -6388.5% | -206.53% | -213.05% | -4501.61% | -119.82% | 317.52% | 183.41% | -112.58% | 27.09% | -35.18% | 15.26% | 184.45% |
| EBITDA | 3.46M | -10.3M | -39.8M | -31.17M | -27.95M | -111.27M | -90.72M | -276.49M | -1.07B | -144.74M | -147.98M | -222.4M | -1.43M | 163.62M | 157.62M | 7.2M | 97.58M | 48.49M | 62.52M | 51.59M |
| EBITDA Margin % | 1.06% | -2.97% | -12.82% | -9.3% | -8.22% | -38.44% | -41.34% | -161.92% | -409.53% | -54.54% | -72.4% | -70.37% | -0.2% | 16.51% | 16.7% | 0.81% | 11.66% | 6.66% | 9.54% | 9.35% |
| EBITDA Growth % | 112.36% | 90.74% | 56.13% | 88.73% | 97.38% | 23.13% | 38.69% | -24.32% | -74514.6% | -188.46% | -193.89% | -3188.52% | -101.47% | 237.43% | 152.09% | -86.04% | 27.53% | -25.58% | 17.07% | 126.25% |
| D&A (Non-Cash Add-back) | 5.36M | 5.75M | 5.94M | 611K | 7.2M | 4.23M | 12M | 12.65M | 16.79M | 15.44M | 14.99M | 15.18M | 15.29M | 13.26M | 13.46M | 12.36M | 13.17M | 12.48M | 11.66M | 10.56M |
| EBIT | -1.91M | -16.05M | -55.04M | -54.9M | -47.5M | -69.17M | -102.7M | -514.26M | -856.3M | -158.76M | -173.09M | -191.05M | -16.73M | 150.36M | 142.72M | 6.83M | 81.68M | 40.7M | 50.86M | 29.05M |
| Net Interest Income | -1.95M | -12.38M | -1.04M | -77.78M | 3.04M | -3.14M | 10.07M | -12.42M | 4.78M | 0 | -7.68M | 22.05M | -7.9M | 3.38M | 23.67M | 55.83M | -32.86M | -14.31M | -4.61M | 16.17M |
| Interest Income | 0 | 0 | 0 | 0 | 3.04M | 0 | 10.07M | 0 | 4.78M | 0 | 0 | 22.05M | 0 | 3.38M | 23.67M | 56.1M | 0 | 0 | 0 | 16.17M |
| Interest Expense | 1.95M | 12.38M | 1.04M | 77.78M | 0 | 3.14M | 0 | 12.42M | 0 | 0 | 7.68M | 0 | 7.9M | 0 | 0 | 274K | 32.86M | 14.31M | 4.61M | 0 |
| Other Income/Expense | -1.95M | -12.38M | -10.34M | -100.9M | -12.35M | -3.59M | 10.22M | -12.73M | 1.63M | 17.12M | -17.8M | 22.35M | -8.38M | 3.38M | 23.55M | 56.29M | -25.49M | -14.31M | -5.45M | -6.32M |
| Pretax Income | -3.86M | -28.42M | -56.08M | -132.68M | -47.5M | -119.09M | -92.51M | -301.87M | -1.08B | -143.06M | -180.77M | -215.24M | -25.11M | 153.74M | 167.7M | 51.12M | 58.91M | 21.7M | 45.41M | 34.71M |
| Pretax Margin % | -1.18% | -8.21% | -18.06% | -39.57% | -13.96% | -41.15% | -42.15% | -176.79% | -415.34% | -53.9% | -88.44% | -68.1% | -3.46% | 15.51% | 17.77% | 5.74% | 7.04% | 2.98% | 6.93% | 6.29% |
| Income Tax | 4.53M | 2.33M | 1.29M | -564K | 2.56M | 5.66M | 6.01M | 11.04M | 121.69M | -12.24M | -23.75M | -53.2M | 36.06M | 34.23M | 29.32M | 30.3M | 34.17M | 6.62M | 12.29M | -6.24M |
| Effective Tax Rate % | -117.28% | -8.19% | -2.29% | 0.43% | -5.4% | -4.75% | -6.5% | -3.66% | -11.23% | 8.56% | 13.14% | 24.72% | -143.62% | 22.27% | 17.49% | 59.26% | 58% | 30.49% | 27.07% | -17.98% |
| Net Income | -8.38M | -30.75M | -57.37M | -132.12M | -50.06M | -124.74M | -98.52M | -312.91M | -1.21B | -130.82M | -157.31M | -162.38M | -61.18M | 119.51M | 138.38M | 20.83M | 24.74M | 15.08M | 33.12M | 40.95M |
| Net Margin % | -2.57% | -8.88% | -18.48% | -39.4% | -14.72% | -43.1% | -44.89% | -183.26% | -461.98% | -49.29% | -76.96% | -51.38% | -8.43% | 12.06% | 14.66% | 2.34% | 2.96% | 2.07% | 5.06% | 7.42% |
| Net Income Growth % | 83.25% | 75.35% | 41.77% | 57.78% | 95.85% | 4.64% | 37.37% | -92.7% | -1870.25% | -209.46% | -213.68% | -879.6% | -347.25% | 692.3% | 317.77% | -49.14% | -53.36% | -66.55% | 10.13% | 131.97% |
| Net Income (Continuing) | -8.38M | -30.75M | -57.37M | -132.12M | -50.06M | -124.74M | -98.52M | -312.91M | -1.21B | -130.82M | -157.01M | -162.03M | -61.18M | 119.51M | 138.38M | 20.83M | 24.74M | 15.08M | 33.12M | 40.95M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.14 | -0.50 | -0.96 | -2.21 | -0.84 | -2.15 | -1.70 | -5.00 | -21.13 | -2.31 | -2.75 | -2.85 | -1.08 | 2.03 | 2.35 | 0.35 | 0.42 | 0.26 | 0.59 | 0.74 |
| EPS Growth % | 83.33% | 76.74% | 43.53% | 55.8% | 96.02% | 6.93% | 38.18% | -75.44% | -1856.48% | -213.79% | -217.02% | -914.29% | -357.14% | 680.77% | 298.31% | -52.7% | -56.25% | -68.29% | 7.27% | 124.24% |
| EPS (Basic) | -0.14 | -0.50 | -0.96 | -2.21 | -0.84 | -2.15 | -1.70 | -5.00 | -21.13 | -2.31 | -2.75 | -2.85 | -1.08 | 2.12 | 2.46 | 0.37 | 0.42 | 0.27 | 0.59 | 0.78 |
| Diluted Shares Outstanding | 61.65M | 61.51M | 59.83M | 59.83M | 58.12M | 58.12M | 58.12M | 57.49M | 57.03M | 56.69M | 57.14M | 56.92M | 56.67M | 59.18M | 59.19M | 58.73M | 58.75M | 58.56M | 56.32M | 56.01M |
| Basic Shares Outstanding | 61.65M | 61.51M | 59.83M | 59.83M | 58.12M | 58.12M | 58.12M | 57.49M | 57.03M | 56.69M | 57.14M | 56.92M | 56.67M | 56.42M | 56.22M | 56.13M | 58.75M | 55.47M | 56.32M | 52.51M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |