SMA Solar Technology AG (ETR:S92)

SMA Solar Technology AG Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	212.67	190.79	195.83	260.77	203.65	219.84
Short-Term Investments	4.53	10.61	13.13	6.22	2.96	17.64
Cash & Short-Term Investments	217.2	201.4	208.96	266.99	206.61	237.48
Cash Growth	-6.96%	-3.62%	-21.74%	29.23%	-13.00%	-0.34%
Accounts Receivable	216.71	183.83	216.91	277.4	153.53	142.67
Other Receivables	17.19	25.32	24.67	47.86	29.64	37.3
Receivables	233.9	209.15	241.58	325.26	183.17	179.97
Inventory	370.39	356.86	563.57	559.07	308.67	273.02
Other Current Assets	56.3	46.63	48.36	42.37	24.93	28.85
Total Current Assets	877.79	814.04	1,062	1,194	723.38	719.33
Property, Plant & Equipment	246.94	267.52	233.29	190.47	175.62	187.77
Long-Term Investments	15.15	11.65	10.33	1.56	6.17	2.66
Goodwill	0.31	0.31	0.31	0.48	0.48	0.48
Other Intangible Assets	92.1	95.59	120.27	116.8	88.45	62.22
Long-Term Deferred Tax Assets	142.6	113.19	78.65	78.51	85.43	60.28
Other Long-Term Assets	16.06	3.67	35.92	40.41	30.5	20.93
Total Assets	1,391	1,306	1,541	1,622	1,110	1,054

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	212.14	159.07	147.07	303.8	133.45	134.03
Accrued Expenses	-	55.1	57.09	53.92	37.37	17.99
Current Portion of Long-Term Debt	8.65	42.42	144.16	0.31	-	2.25
Current Portion of Leases	4.77	14.6	11.01	8.51	7.31	8.32
Current Income Taxes Payable	17.41	10.47	17.12	15.69	4.16	6.63
Current Unearned Revenue	225.79	225.77	220.36	198.22	132.38	67.54
Other Current Liabilities	162.46	112.06	102.59	71.9	67.57	115.42
Total Current Liabilities	631.21	619.49	699.39	652.35	382.24	352.16
Long-Term Debt	-	9.79	7.79	6.14	0.02	6.11
Long-Term Leases	80.79	73.22	33.27	16.9	16.34	22.37
Long-Term Unearned Revenue	126.75	129.88	138.11	150.54	152.93	158.65
Long-Term Deferred Tax Liabilities	5.07	3.75	3.52	1.85	0.44	0.36
Other Long-Term Liabilities	105.71	104.31	105.84	107.95	94.54	105.98
Total Liabilities	949.54	940.44	987.91	935.73	646.5	645.64

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	34.7	34.7	34.7	34.7	34.7	34.7
Additional Paid-In Capital	119.2	119.2	119.2	119.2	119.2	119.2
Retained Earnings	287.14	214.38	395.51	530.59	305.79	249.97
Comprehensive Income & Other	0.37	-2.74	3.91	1.69	3.84	4.15
Total Common Equity	441.41	365.54	553.32	686.18	463.52	408.02
Shareholders' Equity	441.41	365.54	553.32	686.18	463.52	408.02
Total Liabilities & Equity	1,391	1,306	1,541	1,622	1,110	1,054

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	94.21	140.03	196.23	31.85	23.66	39.05
Net Cash (Debt)	122.99	61.38	12.73	235.14	182.94	198.43
Net Cash Growth	89.12%	382.23%	-94.59%	28.53%	-7.80%	0.34%
Net Cash Per Share	3.54	1.77	0.37	6.78	5.27	5.72
Filing Date Shares Outstanding	34.7	34.7	34.7	34.7	34.7	34.7
Total Common Shares Outstanding	34.7	34.7	34.7	34.7	34.7	34.7
Working Capital	246.57	194.55	363.07	541.34	341.14	367.16
Book Value Per Share	12.72	10.53	15.95	19.77	13.36	11.76
Tangible Book Value	349	269.64	432.74	568.91	374.59	345.32
Tangible Book Value Per Share	10.06	7.77	12.47	16.39	10.80	9.95
Land	-	-	239.21	234.42	223.98	219.28
Machinery	-	-	297.03	279.28	261.68	254.69
Order Backlog	-	1,352	1,356	1,705	2,077	886.6

Data Source: S&P Global Market Intelligence Last updated: Aug 13, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 8, 2026

Data Sources Report a data error