Source: SolarEdge's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$489.84M
$607.04M
$937.24M
$1.43B
$1.46B
$1.96B
$3.11B
$2.98B
$901.46M
$1.18B
Cost of revenue
$337.89M
$392.28M
$618.00M
$946.32M
$997.91M
$1.33B
$2.27B
$2.27B
$1.78B
$988.16M
Gross profit
$151.96M
$214.77M
$319.24M
$479.34M
$461.36M
$629.32M
$844.65M
$703.82M
-$877.20M
$196.28M
Research & development
$33.23M
$54.97M
$82.25M
$121.35M
$163.12M
$219.63M
$289.81M
$321.48M
$277.24M
$221.25M
Operating income
$71.76M
$91.09M
$139.42M
$189.95M
$142.56M
$207.14M
$166.12M
$40.20M
-$1.71B
-$301.68M
Interest expense
—
—
$2.54M
$4.80M
$5.33M
$605.00K
$1.53M
$1.27M
$1.16M
$1.38M
Pre-tax income
$72.23M
$100.24M
$137.12M
$178.60M
$163.67M
$187.22M
$177.16M
$81.10M
-$1.71B
-$391.11M
Income tax
-$4.38M
$16.07M
$9.08M
$33.65M
$23.34M
$18.05M
$83.38M
$46.42M
$96.15M
$13.38M
Net income
$76.61M
$84.17M
$128.83M
$146.55M
$140.32M
$169.17M
$441.73M
$34.33M
-$1.81B
-$405.45M
EBITDA
$75.52M
$98.10M
$150.85M
$207.21M
$164.92M
$246.67M
$215.80M
$97.40M
-$1.65B
-$271.17M
EPS (basic)
$1.92
$1.99
$2.85
$3.06
$2.79
$3.24
$1.70
$0.61
$-31.64
$-6.88
EPS (diluted)
$1.73
$1.85
$2.69
$2.90
$2.66
$3.06
$1.65
$0.60
$-31.64
$-6.88
Diluted shares
44.38M
45.43M
47.98M
50.20M
52.80M
55.97M
58.10M
57.24M
57.08M
58.95M
Gross margin
31.0%
35.4%
34.1%
33.6%
31.6%
32.0%
27.2%
23.6%
-97.3%
16.6%
Operating margin
14.6%
15.0%
14.9%
13.3%
9.8%
10.5%
5.3%
1.4%
-189.5%
-25.5%
Net margin
15.6%
13.9%
13.7%
10.3%
9.6%
8.6%
14.2%
1.2%
-200.4%
-34.2%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$74.03M
$163.16M
$187.76M
$223.90M
$827.15M
$530.09M
$783.11M
$338.47M
$274.61M
$455.07M
Short-term investments
$59.16M
$77.26M
$118.68M
$91.84M
$143.69M
$167.73M
$241.12M
$521.57M
$311.28M
$38.10M
Receivables
$72.74M
$109.53M
$173.58M
$298.38M
$218.71M
$456.34M
$905.15M
$622.42M
$160.42M
$267.44M
Inventory
$81.55M
$82.99M
$141.52M
$170.80M
$331.70M
$380.14M
$729.20M
$1.44B
$645.90M
$552.63M
Total current assets
$309.75M
$476.69M
$677.31M
$932.76M
$1.72B
$1.71B
$2.90B
$3.30B
$2.05B
$1.74B
Goodwill
—
—
$34.87M
$129.65M
$140.48M
$129.63M
$31.19M
$43.00M
$48.38M
$50.12M
Total assets
$397.44M
$641.30M
$964.47M
$1.49B
$2.44B
$2.90B
$4.27B
$4.59B
$2.65B
$2.18B
Total current liabilities
$87.27M
$129.75M
$225.72M
$436.71M
$436.10M
$525.18M
$889.72M
$893.23M
$1.06B
$803.50M
Total liabilities
$141.33M
$243.84M
$402.06M
$682.95M
$1.35B
$1.59B
$2.09B
$2.18B
$1.99B
$1.75B
Shareholders' equity
$256.11M
$397.47M
$562.41M
$811.67M
$1.09B
$1.31B
$2.18B
$2.41B
$658.34M
$427.46M
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$52.53M
$136.66M
$189.08M
$259.00M
$222.66M
$214.13M
$31.28M
-$180.11M
-$313.32M
$104.26M
Capital expenditures
$15.69M
$21.38M
$38.61M
$72.56M
$126.79M
$149.25M
$169.34M
$170.52M
$108.16M
$23.47M
Free cash flow
$36.84M
$115.28M
$150.47M
$186.44M
$95.86M
$64.88M
-$138.06M
-$350.64M
-$421.48M
$80.79M
Investing cash flow
-$128.65M
-$85.41M
-$156.61M
-$152.85M
-$236.64M
-$484.21M
-$417.04M
-$268.89M
$416.29M
$379.88M
Financing cash flow
$2.78M
$7.24M
-$7.96M
-$73.02M
$640.48M
-$15.18M
$654.61M
-$11.96M
-$20.13M
-$348.89M
Share buybacks
—
—
—
—
—
—
$0
$0
$50.19M
$0
Stock-based compensation
$9.09M
$17.56M
$30.62M
$60.35M
$67.31M
$102.59M
$145.54M
$149.94M
$137.25M
$92.55M
Depreciation & amortization
$3.76M
$7.01M
$11.43M
$17.26M
$22.36M
$39.53M
$49.68M
$57.20M
$59.87M
$30.51M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$316.04M
$204.40M
$265.40M
$235.44M
$196.22M
$219.48M
$289.43M
$340.18M
$335.36M
$310.50M
$346.25M
$326.08M
Cost of revenue
$372.47M
$230.59M
$276.37M
$963.23M
$308.47M
$201.94M
$257.30M
$268.03M
$260.89M
$242.22M
$251.09M
$217.84M
Gross profit
-$56.42M
-$26.19M
-$10.97M
-$727.79M
-$112.25M
$17.54M
$32.13M
$72.14M
$74.47M
$68.28M
$95.15M
$108.23M
Research & development
$75.00M
$75.35M
$69.28M
$70.37M
$62.24M
$62.00M
$53.39M
$54.15M
$51.73M
$50.16M
$52.75M
$52.49M
Operating income
-$237.58M
-$173.71M
-$160.18M
-$1.11B
-$263.67M
-$102.73M
-$115.49M
-$35.15M
-$48.31M
-$55.04M
-$16.05M
-$1.91M
Pre-tax income
-$215.24M
-$180.77M
-$142.50M
-$1.11B
-$275.94M
-$92.51M
-$118.80M
-$47.12M
-$132.68M
-$56.08M
-$28.42M
-$3.86M
Income tax
-$53.20M
-$23.75M
-$12.24M
$121.11M
$11.04M
$5.73M
$5.66M
$2.56M
-$564.00K
$1.29M
$2.33M
$4.53M
Net income
-$162.38M
-$157.31M
-$130.82M
-$1.23B
-$287.44M
-$98.52M
-$124.74M
-$50.06M
-$132.12M
-$57.37M
-$30.75M
-$8.38M
EBITDA
-$222.40M
-$158.72M
-$144.74M
-$1.09B
-$251.02M
-$90.72M
-$111.27M
-$27.95M
-$41.23M
-$49.10M
-$10.30M
$3.46M
EPS (basic)
$-2.88
$-2.75
$-2.31
$-21.58
$-4.97
$-1.70
$-2.13
$-0.84
$-2.22
$-0.95
$-0.50
$-0.14
EPS (diluted)
$-2.74
$-2.75
$-2.31
$-21.58
$-4.97
$-1.70
$-2.13
$-0.84
$-2.22
$-0.95
$-0.50
$-0.14
Diluted shares
-2.06M
57.14M
56.69M
57.03M
129.53K
58.12M
58.57M
59.28M
294.42K
60.52M
61.05M
61.65M
Gross margin
-17.9%
-12.8%
-4.1%
-309.1%
-57.2%
8.0%
11.1%
21.2%
22.2%
22.0%
27.5%
33.2%
Operating margin
-75.2%
-85.0%
-60.4%
-471.8%
-134.4%
-46.8%
-39.9%
-10.3%
-14.4%
-17.7%
-4.6%
-0.6%
Net margin
-51.4%
-77.0%
-49.3%
-522.8%
-146.5%
-44.9%
-43.1%
-14.7%
-39.4%
-18.5%
-8.9%
-2.6%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$338.47M
$214.23M
$259.50M
$303.90M
$274.61M
$401.36M
$545.24M
$439.51M
$455.07M
$512.38M
$527.26M
$555.08M
Short-term investments
$521.57M
$466.41M
$430.33M
$374.87M
$311.28M
$250.27M
$212.75M
$59.06M
$38.10M
$29.27M
$19.68M
$0
Receivables
$622.42M
$404.39M
$295.59M
$239.41M
$160.42M
$132.58M
$217.10M
$286.26M
$267.44M
$222.70M
$211.87M
$209.62M
Inventory
$1.44B
$1.55B
$1.51B
$798.38M
$645.90M
$636.60M
$529.31M
$530.80M
$552.63M
$596.82M
$599.82M
$621.09M
Total current assets
$3.30B
$2.99B
$2.89B
$2.12B
$2.05B
$1.99B
$1.97B
$1.77B
$1.74B
$1.82B
$1.87B
$1.84B
Goodwill
$43.00M
$41.47M
$52.04M
$51.88M
$48.38M
$48.63M
$51.35M
$50.52M
$50.12M
$49.85M
$49.85M
$49.86M
Total assets
$4.59B
$4.17B
$3.95B
$2.82B
$2.65B
$2.53B
$2.49B
$2.23B
$2.18B
$2.26B
$2.30B
$2.27B
Total current liabilities
$893.23M
$658.89M
$566.82M
$903.81M
$1.06B
$974.43M
$1.02B
$774.79M
$803.50M
$897.27M
$920.33M
$867.84M
Total liabilities
$2.18B
$1.93B
$1.84B
$1.89B
$1.99B
$1.93B
$1.98B
$1.75B
$1.75B
$1.85B
$1.89B
$1.84B
Shareholders' equity
$2.41B
$2.24B
$2.11B
$930.90M
$658.34M
$594.21M
$513.22M
$479.76M
$427.46M
$410.72M
$412.08M
$423.23M
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
-$139.91M
-$217.02M
-$44.77M
-$89.33M
$37.80M
$33.82M
-$7.80M
$25.61M
$52.63M
$24.43M
$11.42M
$20.39M
Capital expenditures
$40.50M
$26.35M
$22.19M
$47.37M
$12.26M
$10.11M
$1.26M
$2.81M
$9.29M
$3.70M
$8.28M
$12.57M
Free cash flow
-$180.41M
-$243.37M
-$66.96M
-$136.70M
$25.55M
$23.71M
-$9.05M
$22.80M
$43.34M
$20.73M
$3.13M
$7.82M
Investing cash flow
-$80.71M
$149.01M
$94.22M
$101.00M
$72.06M
$67.60M
$68.59M
$235.59M
$8.10M
-$20.44M
$1.91M
$7.18M
Financing cash flow
-$651.00K
-$50.99M
$303.00K
$30.81M
-$256.00K
-$6.24M
-$373.00K
-$342.93M
$647.00K
$1.99M
$8.79M
-$10.86M
Share buybacks
$0
$33.22M
$16.79M
$300.00K
-$121.00K
$0
$0
$0
$0
—
—
—
Stock-based compensation
$34.93M
$37.61M
$38.57M
$36.64M
$24.43M
$31.43M
$19.26M
$21.89M
$19.97M
$19.85M
$19.70M
$23.67M
Depreciation & amortization
$15.18M
$14.99M
$15.44M
$16.79M
$12.65M
$12.00M
$4.23M
$7.20M
$7.08M
$5.94M
$5.75M
$5.36M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.