SEDG · Solaredge Technologies, Inc. · Financials
2 customers — 28.8% of revenue (For the three months ended June 30, 2026)
“For the three months ended June 30, 2026, two major customers accounted for approximately 28.8% of our total revenues.”
One customer — 16.8% of revenue (For the six months ended June 30, 2026)
“For the six months ended June 30, 2026, one major customer accounted for approximately 16.8% of our total revenues.”
2 customers — 24% of revenue (For the six months ended June 30, 2025)
“For the six months ended June 30, 2025, two major customers accounted for approximately 24.0% of our total revenues.”
One customer — 16.4% of revenue (For the three months ended June 30, 2025)
“For the three months ended June 30, 2025, one major customer accounted for approximately 16.4% of our total revenues.”
2 customers — 26.3% of receivables (As of June 30, 2026)
“As of June 30, 2026, two major customers accounted for approximately 26.3% of our consolidated trade receivables, net balance.”
2 customers — 22.5% of receivables (As of June 30, 2025)
“As of June 30, 2025, two major customers accounted for approximately 22.5% of our consolidated trade receivables, net balance.”
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.33B | $1.18B | $901.46M | $2.98B | $3.11B | $1.96B | $1.46B | $1.43B | $937.24M | $607.05M | $489.84M | $325.08M | |
| $1.02B | $988.16M | $1.78B | $2.27B | $2.27B | $1.33B | $997.91M | $946.32M | $618M | $392.28M | $337.89M | $243.3M | |
| $310.05M | $196.28M | -$877.2M | $703.82M | $844.65M | $629.32M | $461.36M | $479.34M | $319.24M | $214.77M | $151.96M | $81.78M | |
| — | 16.57% | -97.31% | 23.65% | 27.16% | 32.04% | 31.62% | 33.62% | 34.06% | 35.38% | 31.02% | 25.16% | |
| $208.78M | $221.26M | $277.24M | $321.48M | $289.81M | $219.63M | $163.12M | $121.35M | $82.25M | $54.97M | $33.23M | $22.02M | |
| $111.66M | $117.33M | $146.87M | $164.32M | $159.68M | $119M | $95.99M | $87.98M | $68.31M | $50.03M | $34.83M | $24.97M | |
| $112.02M | $101.04M | $147.46M | $146.5M | $112.5M | $82.2M | $63.12M | $49.36M | $29.26M | $18.68M | $12.13M | $6.54M | |
| — | $2.86M | $7.9M | $7.65M | $9.1M | $10.18M | $9.48M | $9.63M | $1.19M | $144K | $84K | — | |
| $25.97M | $30.51M | $59.87M | $57.2M | $49.68M | $39.54M | — | $17.26M | $11.43M | $7.01M | $1.98M | — | |
| $464.6M | $497.96M | $831.08M | $663.62M | $678.53M | $422.18M | $318.8M | $289.39M | $179.82M | $123.68M | $80.2M | $53.53M | |
| -$154.55M | -$301.68M | -$1.71B | $40.21M | $166.12M | $207.14M | $142.56M | $189.95M | $139.42M | $91.09M | $71.76M | $28.26M | |
| — | -25.47% | -189.5% | 1.35% | 5.34% | 10.55% | 9.77% | 13.32% | 14.88% | 15% | 14.65% | 8.69% | |
| -$128.58M | -$271.17M | -$1.65B | $97.4M | $215.8M | $246.67M | — | $207.21M | $150.85M | $98.1M | — | — | |
| — | $1.38M | $1.16M | $1.27M | $1.53M | $605K | $5.33M | $4.81M | $2.54M | — | — | — | |
| — | $10.78M | $16.43M | $7.49M | $2.93M | $788K | $67K | — | — | — | — | — | |
| -$76.16M | -$72M | -$14.57M | $41.21M | $3.75M | -$20.01M | -$21.11M | -$11.34M | -$2.3M | $9.16M | $471K | -$5.08M | |
| -$385K | -$960K | -$1.9M | -$350K | $0 | $0 | — | — | — | — | — | — | |
| -$264.3M | -$391.11M | -$1.71B | $81.1M | $177.16M | $187.22M | $163.67M | $178.6M | $137.12M | $100.24M | $72.23M | $23.08M | |
| $5.61M | $13.38M | $96.15M | $46.42M | $83.38M | $18.05M | $23.34M | $33.65M | $9.08M | $16.07M | -$4.38M | $1.96M | |
| -$270.3M | -$405.45M | -$1.81B | $34.33M | $441.73M | $169.17M | $140.32M | $146.55M | $128.83M | $84.17M | $76.61M | $21.12M | |
| — | -34.23% | -200.38% | 1.15% | 14.2% | 8.61% | 9.62% | 10.28% | 13.75% | 13.87% | 15.64% | 6.5% | |
| — | — | — | — | — | $0 | $0 | -$1.59M | -$787K | — | — | — | |
| — | — | -$1.81B | $34.33M | $93.78M | $169.17M | $140.32M | $144.96M | $128.83M | $84.17M | $76.61M | $3.57M | |
| -$203.62M | -$340.63M | -$1.84B | $60.55M | $47.99M | $137.99M | $145.99M | $144.65M | $127.98M | $83.89M | $77.1M | $20.96M | |
| USD/shares | -$4.50 | -$6.88 | -$31.64 | $0.61 | $1.70 | $3.24 | $2.79 | $3.06 | $2.85 | $1.99 | $1.92 | $0.30 |
| USD/shares | -$4.50 | -$6.88 | -$31.64 | $0.60 | $1.65 | $3.06 | $2.66 | $2.90 | $2.69 | $1.85 | $1.73 | $0.27 |
| shares | — | 58.95M | 57.08M | 56.56M | 55.09M | 52.2M | 50.22M | 47.92M | 45.24M | 42.21M | 39.99M | 11.9M |
| shares | — | 58.95M | 57.08M | 57.24M | 58.1M | 55.97M | 52.8M | 50.2M | 47.98M | 45.43M | 44.38M | 15.27M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2022–FY2025: $50.19M in buybacks.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 7 similar-size Solar companies (of 18 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Solar Segment Revenues | $842,440,000 | $2,815,539,000 | $2,921,175,000 | $1,787,280,000 | $1,357,261,000 | $1,336,618,000 |
| All Other Segment Revenues | $58,032,000 | $160,155,000 | $188,490,000 | $92,737,000 | $102,804,000 | $89,042,000 |
| Revenues From Financing Componen | $984,000 | $834,000 | $614,000 | $418,000 | $0 | $0 |
| Adjustment of Intersegment Revenues | — | — | — | — | -$794,000 | $0 |
| Energy Storage Segment Revenues | — | — | — | $83,430,000 | — | — |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| United States | $718,227,000 | $379,617,000 | $759,611,000 | $1,133,798,000 | $786,019,000 | $613,090,000 | $678,565,000 |
| Europe Except Netherlands | $317,595,000 | $322,640,000 | $1,903,846,000 | $528,197,000 | $297,684,000 | $233,583,000 | $345,685,000 |
| Others | $148,622,000 | $199,199,000 | $313,071,000 | $286,333,000 | $285,349,000 | $220,152,000 | $201,884,000 |
| Germany | — | — | — | $449,160,000 | $191,066,000 | $118,350,000 | — |
| Italy | — | — | — | $330,565,000 | $181,644,000 | $74,598,000 | — |
| Netherlands | — | — | — | $382,226,000 | $222,103,000 | $199,498,000 | $199,526,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Optimizers | $489,852,000 | $314,916,000 | $902,411,000 | $1,135,040,000 | $828,542,000 | $625,465,000 | $634,007,000 |
| Inverters | $333,806,000 | $247,634,000 | $1,374,026,000 | $1,137,142,000 | $828,101,000 | $641,799,000 | $626,445,000 |
| Batteries For Pv Applications | $285,399,000 | $190,460,000 | $378,275,000 | $429,119,000 | $19,531,000 | $0 | — |
| Other Products | $52,778,000 | $90,712,000 | $136,729,000 | $165,395,000 | $194,634,000 | $136,837,000 | $165,208,000 |
| Energy Storage Systems | $16,411,000 | $49,913,000 | $83,717,000 | $76,325,000 | — | — | — |
| Communication | $6,031,000 | $5,423,000 | $32,945,000 | $72,812,000 | $24,111,000 | $41,771,000 | — |
| Mobility Components and Telematics | $167,000 | $2,398,000 | $68,425,000 | $94,446,000 | $68,946,000 | $13,399,000 | — |
| All Other | — | — | — | — | — | $102,804,000 | — |
| Solar | — | — | — | — | — | $1,357,261,000 | — |