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SolarEdge Technologies, Inc.

SEDG

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
901
Cost of Revenue
1,779
Gross Profit
-877
Gross Margin
-97.3%
Operating Income
-1,708
Operating Margin
-189.5%
Net Income
-1,806
Net Margin
-200.4%
EPS (Basic)
$-31.64
EPS (Diluted)
$-31.64
EBITDA
-1,640
EBITDA Margin
-182.0%

2023

12/31/2023

Revenue
2,977
Cost of Revenue
2,273
Gross Profit
704
Gross Margin
23.6%
Operating Income
40
Operating Margin
1.4%
Net Income
34
Net Margin
1.2%
EPS (Basic)
$0.61
EPS (Diluted)
$0.60
EBITDA
142
EBITDA Margin
4.8%

2022

12/31/2022

Revenue
3,110
Cost of Revenue
2,266
Gross Profit
845
Gross Margin
27.2%
Operating Income
166
Operating Margin
5.3%
Net Income
94
Net Margin
3.0%
EPS (Basic)
$1.70
EPS (Diluted)
$1.65
EBITDA
231
EBITDA Margin
7.4%

2021

12/31/2021

Revenue
1,964
Cost of Revenue
1,335
Gross Profit
629
Gross Margin
32.0%
Operating Income
207
Operating Margin
10.5%
Net Income
169
Net Margin
8.6%
EPS (Basic)
$3.24
EPS (Diluted)
$3.06
EBITDA
230
EBITDA Margin
11.7%

2020

12/31/2020

Revenue
1,459
Cost of Revenue
998
Gross Profit
461
Gross Margin
31.6%
Operating Income
143
Operating Margin
9.8%
Net Income
140
Net Margin
9.6%
EPS (Basic)
$2.79
EPS (Diluted)
$2.66
EBITDA
199
EBITDA Margin
13.6%