Solaredge Technologies, Inc.SEDG

NasdaqTechnologySemiconductors & Related Devices
Price (close)
$31.91
Market cap
$2.0B
P/E
—
Revenue (TTM)
$1.3B
Net income
-$270.3M
Dividend yield
—
1-year total return
-15.8%
Net margin
-20.3%
Revenue growth
41.6%
Debt / equity
—

What Solaredge Technologies, Inc. does.

We are a global smart energy technology company that changed the way power is harvested and managed in photovoltaic (also known as PV) systems. Our direct current (“DC”), optimized inverter system maximizes power generation while lowering the cost of energy produced by the PV system for improved return on investment, or ROI. Additional benefits of the DC optimized inverter system include: comprehensive and advanced safety features, improved design flexibility, efficient integration (DC coupled) with SolarEdge storage solutions, and improved operation and maintenance, or O&M, with remote monitoring at the module-level. The typical SolarEdge DC optimized inverter system consists of inverters, Optimizers, a communication device which enables access to a cloud-based Monitoring Platform and, in many cases, a battery and additional smart energy management solutions and devices, such as EV chargers and load controllers. As part of our hardware sales, we also provide the energy management software which controls, manages and optimizes the energy production, storage and use of energy generated by our systems. Our solutions address a broad range of solar market segments, from residential solar installations to commercial and small utility scale solar installations.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.5B$2.0B$3.1B$3.0B$901.5M$1.2B
Net income$140.3M$169.2M$441.7M$34.3M-$1.8B-$405.4M
Free cash flow$95.9M$64.9M-$138.1M-$350.6M-$421.5M$80.8M

More on SEDG.

Figures from Solaredge Technologies, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.