YOLFTbeta
SolarEdge Technologies Inc

SolarEdge Technologies Inc

SEDG · NASDAQ · Technology / Solar

23.85USD-0.44 (-1.81%)

Price History

Full chart

Market Stats

Previous Close24.29
Open24.15
Day Range22.96 – 24.37
52-Week Range28.21 – 81.25
Volume2.56M
Market Cap2.01B
P/E (TTM)0.00
Forward P/E277.78
EPS-4.49
Dividend Yield0.00%
Beta1.44
50-Day Avg36.71
200-Day Avg42.14

About

SolarEdge Technologies, Inc., together with its subsidiaries, operates as an energy technology company in the United States, Europe, and internationally. The company offers power optimizers and DC-to-AC inverters; Storage Solutions, such as home battery 400V and CSS-OD solution; EV chargers for residential and commercial applications; SolarEdge ONE, an energy optimization system; and cloud-based monitoring platform. It also provides mySolarEdge app, which enables system owners to track their real-time system production and household energy consumption; SolarEdge Go app, a mobile application for SolarEdge installers, integrating installation, management, and service capabilities; designer platform, a web-based tool; and mapper application for registering the physical layout of new PV sites. In addition, the company offers SetApp application to activate and configure SolarEdge inverters; grid services; and pre-sales support, ongoing trainings, and technical support before, during, and after installation based on its operation structure. It serves solar installers, solar distributors, and electrical equipment wholesalers, as well as providers of PV systems to residential and commercial end users through distributors and electrical equipment wholesalers, and directly to solar installers and engineering, procurement, and construction firms, or EPCs. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya Pituach, Israel.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. Yehoshua Nir
  • Employees3.58K
  • Headquarters1 HaMada Street, Herzliya Pituach, Israel, 4673335, USA
  • Websitehttps://www.solaredge.com

Leadership

  • Mr. Yehoshua NirCEO & Director · b. 1970
  • Mr. Uri BechorChief Operating Officer · b. 1971
  • Mr. Daniel HuberChief Revenue Officer · b. 1982
  • Mr. Meir AdestCo-Founder · b. 1976
  • Mr. Maoz SigronCFO & Principal Accounting Officer · b. 1978
  • Mr. Ilan YoscovichChief Technology Officer · b. 1973
  • Ms. Dalia LitayChief Legal Officer & Corporate Secretary · b. 1973
  • Ms. Inbar YarivVice President of Global HR
  • Mr. Israel GershmanHead of Innovative Technologies
  • Mr. Liron Har-ShaiVP of Hardware & Program Management and Chief R&D Officer

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue75.35M79.03M133.22M325.08M325.08M479.99M607.04M937.24M1.43B1.46B1.96B3.11B2.98B901.46M1.18B
Growth (%)-+4.89%+68.55%+144.02%0.00%+47.66%+26.47%+54.39%+52.11%+2.36%+34.58%+58.38%-4.30%-69.71%+31.39%
Cost of Revenue76.03M74.63M111.25M243.29M243.29M318.10M392.28M618.00M946.32M997.91M1.33B2.27B2.27B1.78B1.00B
Gross Profit-677.00K4.41M21.97M81.78M81.78M161.89M214.77M319.24M479.34M461.36M629.32M844.65M703.82M-877.20M181.59M
Gross Margin-0.90%5.58%16.49%25.16%25.16%33.73%35.38%34.06%33.62%31.62%32.04%27.16%23.65%-97.31%15.33%
Operating Expense26.78M31.87M40.34M53.53M53.53M94.82M123.68M179.82M289.39M318.80M422.18M678.53M663.62M831.08M466.75M
Operating Income-27.46M-27.46M-18.37M28.26M28.26M67.08M91.09M139.42M189.95M142.56M207.14M166.12M40.20M-1.71B-285.15M
Operating Margin-36.44%-34.74%-13.79%8.69%8.69%13.97%15.00%14.88%13.32%9.77%10.55%5.34%1.35%-189.50%-24.07%
EBITDA-26.41M-25.10M-17.19M30.51M26.60M68.08M107.40M152.14M210.30M198.69M230.27M231.28M142.49M-1.64B-286.82M
EBITDA Margin-35.04%-31.76%-12.90%9.39%8.18%14.18%17.69%16.23%14.75%13.62%11.73%7.44%4.79%-181.97%-24.22%
Net Income-27.78M-28.18M-21.38M21.12M21.12M50.76M84.17M128.83M146.55M140.32M169.17M93.78M34.33M-1.81B-405.45M
Net Income Margin-36.87%-35.66%-16.05%6.50%6.50%10.58%13.87%13.75%10.28%9.62%8.61%3.02%1.15%-200.38%-34.23%
R&D13.78M15.82M18.26M22.02M22.02M40.56M54.97M82.25M121.35M163.12M219.63M289.81M321.48M277.24M221.25M
R&D as % of Total Revenue18.29%20.02%13.70%6.77%6.77%8.45%9.05%8.78%8.51%11.18%11.18%9.32%10.80%30.75%18.68%
Interest Expense58.00K1.07M2.01M0895.00K01.71M2.54M5.83M10.56M10.68M10.80M15.39M18.65M80.92M
Interest Expense % of Total Revenue0.08%1.35%1.51%0.00%0.28%0.00%0.28%0.27%0.41%0.72%0.54%0.35%0.52%2.07%6.83%

Balance Sheet

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets11.80M19.60M55.90M49.09M75.00M305.66M305.66M424.74M641.30M964.47M1.49B2.44B2.90B4.27B4.59B2.63B2.18B
Total Liabilities---58.56M94.09M138.71M138.71M135.97M243.84M393.75M682.95M1.35B1.59B2.09B2.18B1.97B1.75B
Total Equity----9.47M-19.09M166.94M166.94M288.78M397.47M562.41M811.67M1.09B1.31B2.18B2.41B658.34M427.46M
Cash800.00K3.50M19.40M13.14M9.75M144.75M144.75M105.58M163.16M187.76M223.90M827.15M530.09M783.11M338.47M274.61M539.85M
Total Debt---12.82M20.24M2.40M2.40M2.30M1.80M20.15M57.88M662.61M713.83M735.54M732.05M757.35M423.42M
Net Debt-800.00K-3.50M-19.40M-319.00K10.49M-142.35M-144.75M-105.58M-163.16M-167.62M-166.03M-164.54M183.74M-47.57M393.58M482.74M-116.43M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-22.34M-23.11M-17.84M12.05M12.05M49.10M136.66M189.08M259.00M222.66M214.13M31.28M-180.11M-313.32M104.26M
Investing Cash Flow-2.18M-2.78M-3.15M-13.94M-13.94M-19.78M-85.41M-156.61M-152.85M-236.64M-484.21M-417.04M-268.89M416.29M379.88M
Financing Cash Flow40.42M19.68M17.68M136.95M136.95M1.28M7.24M-7.96M-73.02M640.48M-15.18M654.61M-11.96M-20.13M-348.89M
Capital Expenditure4.01M1.54M2.99M11.77M11.77M11.63M21.38M38.61M72.56M126.79M149.25M169.34M170.52M108.16M23.47M
Free Cash Flow-26.35M-24.65M-20.84M289.00K289.00K37.47M115.28M150.47M186.44M95.86M64.88M-138.06M-350.64M-421.48M80.79M
Dividends Paid---00-0--------
FCF to OCF117.96%106.66%116.76%2.40%2.40%76.32%84.35%79.58%71.98%43.06%30.30%-441.30%194.68%134.52%77.49%
Dividend Paid to FCF---0.00%0.00%-0.00%--------

Earnings

Report DateMay 7, 2015Aug 12, 2015Nov 4, 2015Feb 3, 2016May 9, 2016Aug 9, 2016Nov 9, 2016Feb 14, 2017May 9, 2017Aug 2, 2017Nov 8, 2017Feb 14, 2018May 9, 2018Aug 2, 2018Nov 1, 2018Feb 20, 2019May 6, 2019Aug 6, 2019Nov 6, 2019Feb 19, 2020May 6, 2020Aug 3, 2020Nov 2, 2020Feb 16, 2021May 3, 2021Aug 2, 2021Nov 2, 2021Feb 15, 2022May 2, 2022Aug 2, 2022Nov 7, 2022Feb 13, 2023May 3, 2023Aug 1, 2023Nov 1, 2023Feb 20, 2024May 8, 2024Aug 7, 2024Nov 6, 2024Feb 18, 2025May 6, 2025Aug 7, 2025Nov 5, 2025Feb 18, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.080.220.290.360.410.410.440.330.300.370.550.660.800.840.820.700.570.831.131.251.270.710.850.871.011.111.381.311.311.401.441.591.952.560.74-1.34-1.59-1.56-1.63-1.66-1.18-1.20-0.73-0.63-0.27-0.23-0.21
EPS Actual0.200.310.360.440.510.440.460.320.360.550.660.850.870.820.860.630.640.941.211.650.950.971.210.980.981.281.571.101.200.950.912.862.902.62-0.55-0.92-1.90-1.79-15.33-3.52-1.70-1.14-0.69-0.40-0.43-0.26-
Surprise150.00%40.91%24.14%22.22%24.39%7.32%4.55%-3.03%20.00%48.65%20.00%28.79%8.75%-2.38%4.88%-10.00%12.28%13.25%7.08%32.00%-25.20%36.62%42.35%12.64%-2.97%15.32%13.77%-16.03%-8.40%-32.14%-36.81%79.87%48.72%2.34%-174.32%31.34%-19.50%-14.74%-840.49%-112.11%-43.65%5.00%5.48%36.51%-59.26%-13.04%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap2.01B
Enterprise Value4.38B
Trailing P/E0.00
Forward P/E277.78
PEG Ratio4.61
Price / Sales1.51
Price / Book10.83
EPS-4.49
Book Value6.70
Revenue (TTM)1.33B
Gross Profit (TTM)283.15M
EBITDA-121.10M
Profit Margin-20.29%
Operating Margin-6.52%
Return on Equity-58.42%
Return on Assets-3.84%
Shares Outstanding61.53M
Shares Float60.81M
Beta1.44
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 26 analystsTarget 39.50
  • Strong Buy
    1
  • Hold
    21
  • Sell
    1
  • Strong Sell
    3

Ownership Breakdown

Institutions
101.69%
Insiders
1.20%
Retail / Other
0.00%

Top Institutional Holders

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  • UBS Group AG
    2.61M4.24%
  • Vanguard Portfolio Management, LLC
    2.27M3.70%
  • Grantham, Mayo, Van Otterloo & Co., LLC
    2.23M3.63%
  • State Street Corp
    1.75M2.84%
  • American Century Companies Inc
    1.71M2.79%
  • Migdal Insurance & Financial Holdings Ltd
    1.69M2.75%
  • Morgan Stanley - Brokerage Accounts
    1.52M2.47%
  • The Goldman Sachs Group Inc
    1.30M2.11%
  • Handelsbanken Fonder AB
    1.23M2.00%
  • First Trust Advisors L.P.
    1.22M1.98%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.70M6.02%
  • iShares Global Clean Engy Trns ETF $Dist
    2.02M3.28%
  • Avantis US Small Cap Value ETF
    1.69M2.74%
  • Vanguard Information Technology ETF
    1.49M2.41%
  • Handelsbanken Hållbar Energi (A1 SEK)
    1.33M2.16%
  • iShares Global Clean Energy ETF
    1.24M2.02%
  • Invesco Solar ETF
    1.14M1.86%