SOLAREDGE TECHNOLOGIES INC
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
SEDG$25.86-6.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 1. Condensed Consolidated Statements of Income (Loss)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenues | $260,903 | $725,305 | $730,707 | $2,660,484 |
| Cost of revenues | 963,229 | 582,488 | 1,470,189 | 1,900,236 |
| Gross profit (loss) | (702,326) | 142,817 | (739,482) | 760,248 |
| Operating expenses: | ||||
| Research and development | 70,372 | 80,082 | 214,999 | 246,481 |
| Sales and marketing | 37,427 | 40,351 | 116,316 | 125,539 |
| General and administrative | 41,212 | 39,110 | 111,085 | 111,876 |
| Other operating expense (income), net | 233,929 | - | 237,271 | (1,434) |
| Total operating expenses | 382,940 | 159,543 | 679,671 | 482,462 |
| Operating income (loss) | (1,085,266) | (16,726) | (1,419,153) | 277,786 |
| Financial income (expense), net | 5,558 | (7,901) | (2,371) | 19,157 |
| Other income (loss), net | (3,928) | (484) | 14,623 | (609) |
| Income (loss) before income taxes | (1,083,636) | (25,111) | (1,406,901) | 296,334 |
| Income taxes | (121,108) | (36,065) | (85,109) | (99,622) |
| Net loss from equity method investments | (577) | - | (1,440) | - |
| Net income (loss) | $(1,205,321) | $(61,176) | $(1,493,450) | $196,712 |
| Net basic earnings (loss) per share of common stock | $(21.13) | $(1.08) | $(26.22) | $3.49 |
| Net diluted earnings (loss) per share of common stock | $(21.13) | $(1.08) | $(26.22) | $3.34 |
| Weighted average number of shares used in computing net basic earnings (loss) per share of common stock | 57,029,983 | 56,671,504 | 56,952,656 | 56,435,880 |
| Weighted average number of shares used in computing net diluted earnings (loss) per share of common stock | 57,029,983 | 56,671,504 | 56,952,656 | 59,297,423 |
F - 3
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.