Craft

SolarEdge

Stock Price

$16.8

2024-10-29

Market Capitalization

$960.9 M

2024-10-29

Revenue

$901.5 M

FY, 2024

SolarEdge Summary

Company Summary

Overview
SolarEdge Technologies is a company that provides distributed solar power harvesting and module-level photovoltaic (PV) monitoring solutions. The company operates through two segments: Solar and Energy Storage. The Solar segment focuses on the design, development, manufacturing, and sales of DC-optimized inverter solutions, including power optimizers, inverters, batteries, and other products. The Energy Storage segment provides purpose-built components and solutions, hardware and software, as well as pre and post-sales engineering support services.
Type
Public
Status
Active
Founded
2006
HQ
Herzliya, IL | view all locations
Website
https://www.solaredge.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Zvi Lando

    Zvi Lando, Chief Executive Officer & Board Member

  • Nadav Zafrir

    Nadav Zafrir, Chairman of the Board

    • Ronen Faier

      Ronen Faier, Chief Financial Officer

    • Ilan Yoscovich

      Ilan Yoscovich, Chief Technology Officer

      Operating MetricsView all

      Patent Applications (US)

      85
      2.4%

      FY, 2018

      Inverters Shipped to Date

      4M
      29.0%

      Q2, 2022

      Patent Applications (Foreign)

      114
      46.2%

      FY, 2018

      LocationsView all

      22 locations detected

      • Herzliya, Tel Aviv District HQ

        Israel

        HaMada St 1

      • Milpitas, CA

        United States

        700 Tasman Dr

      • East Melbourne, VIC

        Australia

        33 Agnes St

      • São Paulo, SP

        Brazil

        ED. CONS. PARANAGUÁ AV. Brigadeiro Faria Lima

      • Sofia, Sofia City Province

        Bulgaria

        15 Jerusalem Str

      • Shanghai, Shanghai Shi

        China

        1409, 318 Fuzhou Rd, Huangpu Qu

      and 16 others

      SolarEdge Financials

      Summary Financials

      Revenue (FY, 2024)
      $901.5M
      Gross profit (FY, 2024)
      ($877.2M)
      Net income (FY, 2024)
      ($1.8B)
      Cash (FY, 2024)
      $274.6M
      EBIT (FY, 2024)
      ($1.7B)
      Enterprise value
      $1.4B

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