SolarEdge Technologies, Inc. (SEDG)

SolarEdge Technologies Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	545.24	274.61	338.47	783.11	530.09	827.15
Short-Term Investments	212.75	311.28	521.57	241.12	167.73	203.78
Cash & Short-Term Investments	757.99	585.89	860.04	1,024	697.82	1,031
Cash Growth	9.88%	-31.88%	-16.03%	46.78%	-32.31%	221.41%
Accounts Receivable	217.1	160.42	622.43	905.15	456.34	218.71
Other Receivables	349.51	395.24	270.21	209.5	134.48	106.66
Receivables	586.27	555.67	948.06	1,115	590.82	325.36
Inventory	529.31	645.9	1,443	729.2	380.14	331.7
Prepaid Expenses	22.96	25.29	29.58	31.58	42.51	31.35
Restricted Cash	27.27	135.33	-	-	-	-
Other Current Assets	48.12	86.24	23.19	-	-	-
Total Current Assets	1,972	2,034	3,304	2,900	1,711	1,719
Property, Plant & Equipment	371.91	384.83	678.75	606.72	457.52	345.01
Long-Term Investments	45.53	63.57	415.48	647.35	498.87	147.43
Goodwill	51.35	48.38	43	31.19	129.63	140.48
Other Intangible Assets	8.44	9.67	35.35	19.93	58.86	67.82
Long-Term Deferred Tax Assets	-	-	80.91	44.15	27.57	11.68
Long-Term Deferred Charges	37.04	29.37	13.67	3.46	-	-
Other Long-Term Assets	4.27	14.39	13.85	13.49	17.21	5.35
Total Assets	2,490	2,630	4,588	4,266	2,901	2,437
Accounts Payable	178.72	93.49	386.47	459.83	252.07	162.05
Accrued Expenses	314.03	300.78	256.01	277.1	157.3	137.71
Current Portion of Long-Term Debt	341.87	346.31	-	-	-	16.89
Current Portion of Leases	14.06	15.24	20.96	19.45	14.6	12.68
Current Unearned Revenue	37.17	140.87	40.84	26.64	17.79	24.65
Other Current Liabilities	130.88	144.39	188.95	106.7	83.42	82.11
Total Current Liabilities	1,017	1,041	893.23	889.72	525.18	436.1
Long-Term Debt	330.78	330.01	627.38	624.45	621.54	573.35
Long-Term Leases	72.85	69.18	86.96	91.64	79.42	61.37
Long-Term Unearned Revenue	248.73	231.05	214.61	186.94	151.56	115.37
Long-Term Deferred Tax Liabilities	-	-	-	-	-	8.59
Other Long-Term Liabilities	308.14	300.54	353.64	296.84	213.22	156.57
Total Liabilities	1,977	1,972	2,176	2,090	1,591	1,351
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,839	1,813	1,681	1,506	687.3	603.89
Retained Earnings	-1,251	-1,028	778.17	743.84	650.06	478
Treasury Stock	-16.02	-50.19	-	-	-	-
Comprehensive Income & Other	-57.87	-76.48	-46.89	-73.11	-27.32	3.86
Total Common Equity	513.22	658.34	2,412	2,176	1,310	1,086
Shareholders' Equity	513.22	658.34	2,412	2,176	1,310	1,086
Total Liabilities & Equity	2,490	2,630	4,588	4,266	2,901	2,437
Total Debt	759.56	760.73	735.3	735.54	715.56	664.29
Net Cash (Debt)	21.6	-132.24	532.56	934.18	464.49	514.07
Net Cash Growth	-73.33%	-	-42.99%	101.12%	-9.65%	34.63%
Net Cash Per Share	0.37	-2.32	9.30	16.08	8.30	9.74
Filing Date Shares Outstanding	59.37	58.03	57.13	56.15	52.82	51.58
Total Common Shares Outstanding	59.13	58.03	57.12	56.13	52.82	51.56
Working Capital	955.18	993.23	2,411	2,010	1,186	1,283
Book Value Per Share	8.68	11.35	42.22	38.77	24.80	21.06
Tangible Book Value	453.44	600.3	2,334	2,125	1,122	877.46
Tangible Book Value Per Share	7.67	10.35	40.85	37.86	21.24	17.02
Land	-	1.09	12.82	13.07	13.83	17.94
Buildings	-	60.5	153.81	152.22	62.52	49.86
Machinery	-	326.78	498.13	430.9	298.5	259.24
Construction In Progress	-	34.95	88.08	47.17	112.04	48.34
Leasehold Improvements	-	110.38	96.73	85.15	73.99	48.61

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q