SMA Solar Technology AG Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,516	1,530	1,904	1,066	983.42
Revenue Growth (YoY)	-0.91%	-19.65%	78.63%	8.39%	-4.20%
Cost of Revenue	1,393	1,277	1,345	841.68	808.22
Gross Profit	122.66	252.81	559.34	224.27	175.21
Selling, General & Admin	217.57	235.42	208.98	166.17	135.79
Research & Development	90.67	96.63	78.59	51.6	50.24
Other Operating Expenses	-4.58	18.81	-3.63	-11.49	20.1
Operating Expenses	303.66	350.86	283.94	206.28	206.12
Operating Income	-181.01	-98.05	275.4	17.99	-30.92
Interest Expense	-13.35	-9.39	-4.86	-3.6	-1.67
Interest & Investment Income	3.34	0.46	4.11	7.85	1.94
Earnings From Equity Investments	-	-0.07	0.69	1.29	-0.3
Currency Exchange Gain (Loss)	-7.2	5	-5.9	-9.3	-2.3
Other Non Operating Income (Expenses)	-1.77	-0.05	1.09	-2.57	-0.62
EBT Excluding Unusual Items	-200	-102.1	270.53	11.66	-33.88
Gain (Loss) on Sale of Assets	-	-	-	23.2	-
Pretax Income	-200	-102.1	270.53	34.86	-33.88
Income Tax Expense	-18.87	15.63	44.86	-20.96	-10.71
Earnings From Continuing Operations	-181.13	-117.73	225.67	55.82	-23.17
Net Income to Company	-181.13	-117.73	225.67	55.82	-23.17
Net Income	-181.13	-117.73	225.67	55.82	-23.17
Net Income to Common	-181.13	-117.73	225.67	55.82	-23.17
Net Income Growth	-	-	304.30%	-	-
Shares Outstanding (Basic)	35	35	35	35	35
Shares Outstanding (Diluted)	35	35	35	35	35
EPS (Basic)	-5.22	-3.39	6.50	1.61	-0.67
EPS (Diluted)	-5.22	-3.39	6.50	1.61	-0.67
EPS Growth	-	-	304.09%	-	-
Free Cash Flow	126.2	-171.61	96.36	2.77	76.69
Free Cash Flow Per Share	3.64	-4.95	2.78	0.08	2.21
Dividend Per Share	-	-	0.500	-	-
Gross Margin	8.09%	16.52%	29.38%	21.04%	17.82%
Operating Margin	-11.94%	-6.41%	14.46%	1.69%	-3.14%
Profit Margin	-11.95%	-7.70%	11.85%	5.24%	-2.36%
Free Cash Flow Margin	8.33%	-11.22%	5.06%	0.26%	7.80%
EBITDA	-125.03	-70.02	297.67	38.68	-8.13
EBITDA Margin	-8.25%	-4.58%	15.63%	3.63%	-0.83%
D&A For EBITDA	55.98	28.04	22.27	20.7	22.79
EBIT	-181.01	-98.05	275.4	17.99	-30.92
EBIT Margin	-11.94%	-6.41%	14.46%	1.69%	-3.14%
Effective Tax Rate	-	-	16.58%	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.