SolarEdge provides groundbreaking distributed Power Harvesting and Monitoring systems that produce more PV energy at a lower cost. Module manufacturers, integrators, installers and system owners of residential and large-scale PV sites benefit from module-level monitoring, enhanced maintenance, constraint-free design, faster installation, improved safety, theft prevention and more.

Type
Public
HQ
Fremont, US
Founded
2006
Size (employees)
718 (est)
SolarEdge was founded in 2006 and is headquartered in Fremont, US
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Key People/Management at SolarEdge

Guy Sella

Guy Sella

CEO, Chairman & Founder

SolarEdge Office Locations

SolarEdge has offices in Fremont, München, Shanghai, Chiyoda-ku and in 4 other locations
Fremont, US (HQ)
47505 Seabridge Dr
Collingwood, AU
25 23-45 Gipps St
München, DE
6 Werner-Eckert-Straße
Vianen, NL
11 Lange Dreef
Beykoz, TR
3 Çınar Sk.
London, GB
The Euston Office One Euston Square 40 Melton St
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SolarEdge Financials and Metrics

SolarEdge Financials

SolarEdge's revenue was reported to be $489.84 m in FY, 2016 which is a 50.7% increase from the previous period.
USD

Revenue (Q3, 2017)

166.6 m

Gross profit (Q3, 2017)

58.1 m

Gross profit margin (Q3, 2017), %

34.9%

Net income (Q3, 2017)

28 m

EBIT (Q3, 2017)

25.4 m

Market capitalization (18-Apr-2018)

2.5 b

Cash (30-Sep-2017)

149.4 m
SolarEdge's current market capitalization is $2.5 b.
Annual
USDFY, 2015FY, 2016

Revenue

325.1 m489.8 m

Revenue growth, %

51%

Cost of goods sold

243.3 m337.9 m

Gross profit

81.8 m152 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2017Q2, 2017Q3, 2017

Revenue

115.1 m124.8 m125.2 m128.5 m115.1 m136.1 m166.6 m

Cost of goods sold

81.5 m86.3 m84.5 m86.6 m76.4 m89 m108.5 m

Gross profit

33.5 m38.6 m40.7 m41.9 m38.7 m47.1 m58.1 m

Gross profit Margin, %

29%31%33%33%34%35%35%
Annual
USDFY, 2015FY, 2016

Cash

144.8 m74 m

Accounts Receivable

35.4 m72.7 m

Inventories

74 m81.6 m

Current Assets

290.4 m309.8 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2017Q2, 2017Q3, 2017

Cash

146.7 m106.2 m84.1 m90 m119.9 m113.5 m149.4 m

Accounts Receivable

47.4 m46.7 m56.1 m84.9 m79.3 m79.9 m91.7 m

Inventories

79.9 m87.4 m85.5 m68.4 m60.9 m56.2 m62.4 m

Current Assets

298.3 m295 m289.3 m323.4 m369.5 m364.9 m424.6 m
Annual
USDFY, 2015FY, 2016

Net Income

21.1 m76.6 m

Depreciation and Amortization

2.3 m3.8 m

Inventories

(48.5 m)(7.4 m)

Accounts Payable

41.1 m(32.2 m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2017Q3, 2017

Net Income

14.4 m24.1 m20.8 m15.6 m14.2 m28 m

Inventories

79.9 m87.4 m85.5 m68.4 m60.9 m62.4 m

Accounts Payable

67.2 m62 m45.1 m
USDY, 2017

Revenue/Employee

232 k

Financial Leverage

1.5 x
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SolarEdge Operating Metrics

SolarEdge's Patent Applications was reported to be 114 in FY, 2016. SolarEdge's Training Provided, no. of people was reported to be 7 k in FY, 2016.
FY, 2015FY, 2016

Patent Applications

105 114

Patents Issued

52 72

Training Provided, no. of people

4.20 k7 k
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SolarEdge News and Updates

These Two Successful Leaders Turned A Bad Idea Into A $2.3 Billion Public Company

If you have a world-class skill and can learn from your mistakes, you can innovate your way to success.

SolarEdge Posts Another Strong Quarter To Finish 2017 Soaring

SolarEdge Technologies posted yet another strong quarter last week, revealing continued increased revenue and finishing the Full Year 2017 with revenue up 24% over the previous year, sending its stocks soaring nearly 25%. 

SunPower Hit Hard By Trump Solar Tariff, Limps To End Of 2017

California-based world-leading solar manufacturer SunPower reported tepid results in its Fourth Quarter and Full Year 2017 results last week, with revenues down 35% year-over-year and First Quarter and Full Year 2018 revenues well below expectations due to the impact of Donald Trump's 30% solar impo…

Solar Micro Inverter Global Market Key Players – i-Energy Co., Ltd, KACO New Energy, Inc, Petra Systems, Solantro, SolarEdge Technologies Analysis and Forecast to 2023

Global Solar Micro Inverter market is growing at a CAGR of 17.2% from 2016 to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday
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