SolarEdge Technologies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,184	901.46	2,977	1,964	1,459
Revenue Growth (YoY)	31.39%	-69.72%	51.57%	34.58%	55.70%
Cost of Revenue	988.16	1,779	2,273	1,335	997.91
Gross Profit	196.28	-877.2	703.82	629.32	461.36
Selling, General & Admin	218.37	294.32	310.82	201.2	159.1
Research & Development	221.26	277.24	321.48	219.63	163.12
Other Operating Expenses	58.34	259.53	31.31	1.35	3.43
Operating Income	-301.68	-1,708	40.21	207.14	135.7
Total Non-Operating Income (Expense)	-90.39	-1.92	40.54	-19.92	21.11
Pretax Income	-392.07	-1,710	80.75	187.22	156.81
Provision for Income Taxes	13.38	96.15	46.42	-18.05	-23.34
Net Income	-405.45	-1,806	34.33	169.17	140.32
Net Income to Common	-405.45	-1,806	34.33	169.17	140.32
Net Income Growth	-	-	-79.71%	20.56%	8.92%
Shares Outstanding (Basic)	59	57	57	52	50
Shares Outstanding (Diluted)	59	57	57	56	53
Shares Change (YoY)	3.28%	-0.27%	2.26%	6.02%	10.04%
EPS (Basic)	-6.88	-31.64	0.61	3.24	2.79
EPS (Diluted)	-6.88	-31.64	0.60	3.06	2.66
EPS Growth	-	-	-80.39%	15.04%	-1.11%
Free Cash Flow	80.79	0	-180.11	64.88	95.87
Free Cash Flow Growth	-	-	-	-32.32%	-36.29%
Free Cash Flow Per Share	1.37	-	-3.15	1.16	1.82
Gross Margin	16.57%	-97.31%	23.65%	32.04%	31.62%
Operating Margin	-25.47%	-189.50%	1.35%	10.55%	9.30%
Profit Margin	-34.23%	-200.38%	1.15%	8.61%	9.62%
FCF Margin	6.82%	0.00%	-6.05%	3.30%	6.57%
EBITDA	-271.17	-1,708	40.21	246.67	167.54
EBITDA Margin	-22.89%	-189.50%	1.35%	12.56%	11.48%
EBIT	-301.68	-1,708	40.21	207.14	135.7
EBIT Margin	-25.47%	-189.50%	1.35%	10.55%	9.30%
Effective Tax Rate	-3.41%	-5.62%	57.49%	-9.64%	-14.89%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.