SEDG · Solaredge Technologies, Inc.
2 customers — 28.8% of revenue (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 (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 (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 (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 extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
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 | — | |
| — | $30.51M | $59.87M | $57.2M | $49.68M | $39.54M | — | $17.26M | $11.43M | $7.01M | $3.85M | — | |
| $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% | |
| — | -$271.17M | -$1.65B | $97.4M | $215.8M | $246.67M | — | $207.21M | $150.85M | $98.1M | $75.61M | — | |
| — | $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 | — | -$6.88 | -$31.64 | $0.61 | $1.70 | $3.24 | $2.79 | $3.06 | $2.85 | $1.99 | $1.92 | $0.30 |
| USD/shares | — | -$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.
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 8 similar-size Solar companies (of 20 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 | — | — |
| 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 | — | — | — | $188,490,000 | $92,737,000 | $102,804,000 | — |
| Energy Storage | — | — | — | $76,325,000 | $83,430,000 | — | — |
| Residential Batteries | — | — | — | $429,119,000 | $19,531,000 | $0 | — |
| Solar | — | — | — | $2,921,175,000 | $1,787,280,000 | $1,357,261,000 | — |