← SOLAREDGE TECHNOLOGIES, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $104.7m | $163.2m | $191.6m | $223.9m | $827.1m | $530.1m | $783.1m | $338.5m | $274.6m | $455.1m | |
| Prepaid Expense and Other Assets, Current | $21.3m | $42.2m | $45.1m | $115.3m | $135.4m | $177.0m | $241.1m | $378.4m | $506.8m | $341.8m | |
| Restricted Cash and Investments, Current | $897k | $1.5m | $1.6m | $27.6m | $2.6m | — | — | — | — | — | |
| Inventory, Net | $67.4m | $83.0m | $141.5m | $170.8m | $331.7m | $380.1m | $729.2m | $1.4b | $645.9m | $552.6m | |
| Assets, Current | $339.8m | $476.7m | $678.1m | $932.8m | $1.7b | $1.7b | $2.9b | $3.3b | $2.0b | $1.7b | |
| Property, Plant and Equipment, Net | $37.4m | $52.3m | $119.3m | $177.0m | $303.4m | $410.4m | $544.0m | $614.6m | $343.4m | $269.4m | |
| Goodwill | — | — | $34.9m | $129.7m | $140.5m | $129.6m | $31.2m | $43.0m | $48.4m | $50.1m | |
| Intangible Assets, Net (Excluding Goodwill) | — | — | $38.5m | $74.0m | $67.8m | $58.9m | $19.9m | $35.3m | — | $7.1m | |
| Operating Lease, Right-of-Use Asset | — | — | $32.0m | $35.9m | $41.6m | $47.1m | $62.8m | $64.2m | $41.4m | $48.2m | |
| Other Assets, Noncurrent | — | — | $4.7m | $9.9m | $5.4m | $25.0m | $18.8m | $37.6m | $64.7m | $67.6m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $71.0m | $109.5m | $173.6m | $298.4m | $218.7m | $456.3m | $905.1m | $622.4m | $160.4m | $267.4m | |
| Accrued Liabilities, Current | $4.2m | $14.9m | $14.9m | $36.2m | $53.6m | $51.0m | $117.6m | $142.1m | $164.5m | $211.1m | |
| Assets | $424.7m | $641.3m | $964.5m | $1.5b | $2.4b | $2.9b | $4.3b | $4.6b | $2.6b | $2.2b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $9.6m | — | — | — | $17.7m | $11.9m | — | |
| Accounts Payable, Current | $34.0m | $69.5m | $107.1m | $157.1m | $162.1m | $252.1m | $459.8m | $386.5m | $93.5m | $272.0m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $30.2m | $35.2m | $38.9m | $46.3m | $45.1m | $30.0m | $36.6m | |
| Deferred Revenue, Current | $1.2m | $2.6m | $14.4m | $70.8m | $24.6m | $17.8m | $26.6m | $40.8m | $140.9m | $70.4m | |
| Deferred Revenue, Noncurrent | $18.7m | $31.5m | $60.7m | $90.0m | $115.4m | $151.6m | $186.9m | $214.6m | $231.0m | $293.3m | |
| Liabilities, Current | $70.5m | $129.8m | $225.7m | $436.7m | $436.1m | $525.2m | $889.7m | $893.2m | $1.0b | $803.5m | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | $8.6m | — | — | — | — | — | |
| Other Liabilities, Noncurrent | — | — | $9.4m | $14.0m | $14.2m | $10.6m | $15.8m | $18.4m | $8.4m | $2.6m | |
| Deferred Tax Liabilities, Net | — | — | $9.4m | $15.4m | $28.0m | $12.5m | $17.5m | $27.4m | $23.3m | — | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $4k | $4k | $5k | $5k | $5k | $5k | $6k | $6k | $6k | $6k | |
| Additional Paid in Capital | $307.1m | $331.9m | $371.8m | $475.8m | $603.9m | $687.3m | $1.5b | $1.7b | $1.8b | $1.9b | |
| Retained Earnings (Accumulated Deficit) | ($18.0m) | $66.2m | $191.1m | $337.7m | $478.0m | $650.1m | $743.8m | $778.2m | ($1.0b) | ($1.4b) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($324k) | ($611k) | ($524k) | ($1.8m) | $3.9m | ($27.3m) | ($73.1m) | ($46.9m) | ($76.5m) | ($11.7m) | |
| Stockholders' Equity Attributable to Parent | $288.8m | $397.5m | $562.4m | $811.7m | $1.1b | $1.3b | $2.2b | $2.4b | $658.3m | $427.5m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | $8.3m | — | — | — | — | — | — | — | |
| Liabilities and Equity | $424.7m | $641.3m | $964.5m | $1.5b | $2.4b | $2.9b | $4.3b | $4.6b | $2.6b | $2.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.