SEDG on Nasdaq

SolarEdge

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

Israeli technology company

SolarEdge Technologies, Inc. is an Israeli company that produces DC optimized inverter systems.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 18, 2026.

Overview

2006Founded1

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  • TickerSEDG on Nasdaq1
  • Industryphotovoltaics1
  • HeadquartersHerzliya1
  • Websitewww.solaredge.com
  • Legal formDelaware corporation1
  • Incorporated inDE5
  • Business address1 Hamada Street, Herziliya Pituach5
  • Filer categoryLarge accelerated filer5

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Mittelschule,20140312-6a
Photo: Asurnipal, CC BY-SA 4.0, via Wikimedia Commons7

SolarEdge Technologies, Inc. is an Israeli company that produces DC optimized inverter systems. SolarEdge was founded in 2006, began mass production in 2009, and completed an initial public offering on the Nasdaq in March 2015. In 2023, SolarEdge became the most losing stock in the S&P 500 for the year, which resulted in its removal from the index.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

16.6%Gross margin8
-25.5%Operating margin8
-34.2%Net margin8
31.4%Revenue growth, 20258
-94.8%Return on equity8
$80.8MFree cash flow8

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Optimizers brought in 41% of the revenue SolarEdge broke down this way in fiscal 2025.

  1. Optimizers$489.9M841%up 56% from 2024
  2. Inverters$333.8M828%up 35% from 2024
  3. Batteries For Pv Applications$285.4M824%up 50% from 2024
  4. Other Products$52.8M84%down 42% from 2024
  5. Energy Storage Systems$16.4M81%down 67% from 2024
  6. Communication$6.0M81%up 11% from 2024
  7. Mobility Components And Telematics$167.0K80%down 93% from 2024
Products and services by year
Products and services202320242025
Optimizers$902.4M$314.9M$489.9M
Inverters$1.4B$247.6M$333.8M
Batteries For Pv Applications$378.3M$190.5M$285.4M
Other Products$136.7M$90.7M$52.8M
Energy Storage Systems$83.7M$49.9M$16.4M
Communication$32.9M$5.4M$6.0M
Mobility Components And Telematics$68.4M$2.4M$167.0K

Regions

United States brought in 61% of the revenue SolarEdge broke down this way in fiscal 2025.

  1. United States$718.2M861%up 89% from 2024
  2. Europe Except Netherlands$317.6M827%down 2% from 2024
  3. Others$148.6M813%down 25% from 2024
Regions by year
Regions202320242025
United States$759.6M$379.6M$718.2M
Europe Except Netherlands$1.9B$322.6M$317.6M
Others$313.1M$199.2M$148.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue81¢$988.2M
  • Research and development18¢$221.3M
  • Income tax1¢$13.4M

Out of $1.2B in revenue.8 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending23¢$23.5M
  • Kept or used elsewhere77¢$80.8M

Out of $104.3M of cash from operations.8

Financial statements

Revenue91011128$1.2B in 2025−17% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $1.4B$1.4B20192020: $1.5B$1.5B2020+2%2021: $2.0B$2.0B2021+35%2022: $3.1B$3.1B2022+58%2023: $3.0B$3.0B2023−4%2024: $901.5M$901.5M2024−70%2025: $1.2B$1.2B2025+31%
Gross profit91011128$196.3M in 2025−59% since 2019
-$1.0B-$500.0M0$500.0M$1.0B2019: $479.3M$479.3M20192020: $461.4M$461.4M2020−4%2021: $629.3M$629.3M2021+36%2022: $844.6M$844.6M2022+34%2023: $703.8M$703.8M2023−17%2024: -$877.2M-$877.2M20242025: $196.3M$196.3M2025
Operating income91011128-$301.7M in 2025
-$2.0B-$1.5B-$1.0B-$500.0M0$500.0M2019: $189.9M$189.9M20192020: $142.6M$142.6M2020−25%2021: $207.1M$207.1M2021+45%2022: $166.1M$166.1M2022−20%2023: $40.2M$40.2M2023−76%2024: -$1.7B-$1.7B20242025: -$301.7M-$301.7M2025−82%
Net income91011128-$405.4M in 2025
-$2.0B-$1.0B0$1.0B2019: $146.5M$146.5M20192020: $140.3M$140.3M2020−4%2021: $169.2M$169.2M2021+21%2022: $441.7M$441.7M2022+161%2023: $34.3M$34.3M2023−92%2024: -$1.8B-$1.8B20242025: -$405.4M-$405.4M2025−78%

Every line of the income statement as filed: the last 3 fiscal years, latest first.8

Period ending2025-12-312024-12-312023-12-31
Revenues$1.2B$901.5M$3.0B
Cost of revenues$988.2M$1.8B$2.3B
Gross profit (loss)$196.3M-$877.2M$703.8M
Research and development$221.3M$277.2M$321.5M
Sales and marketing$117.3M$146.9M$164.3M
General and administrative$101.0M$147.5M$146.5M
Other operating expenses, net$58.3M$259.5M$31.3M
Total operating expenses$498.0M$831.1M$663.6M
Operating income (loss)-$301.7M-$1.7B$40.2M
Financial income (expense), net-$72.0M-$14.6M$41.2M
Other income (loss), net-$17.4M$14.5M-$318.0K
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest, Total-$391.1M-$1.7B$81.1M
Income taxes-$13.4M-$96.2M-$46.4M
Net loss from equity method investments-$960.0K-$1.9M-$350.0K
Net income (loss)-$405.4M-$1.8B$34.3M
Net basic earnings (loss) per share of common stock-$6.88-$31.64$0.61
Net diluted earnings (loss) per share of common stock-$6.88-$31.64$0.60
Weighted average number of shares used in computing net basic earnings (loss) per share of common stock59.0M shares57.1M shares56.6M shares
Weighted average number of shares used in computing net diluted earnings (loss) per share of common stock59.0M shares57.1M shares57.2M shares

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The story

Founded by Guy Sella in 2006.1

SolarEdge was established in 2006 by Guy Sella, Lior Handelsman, Yoav Galin, Meir Adest, and Amir Fishelov. The company was backed by venture capital from GE Energy Financial Services, Norwest Venture Partners, Lightspeed Venture Partners, ORR Partners, Genesis Partners, Walden International, Vertex Ventures Israel, JP Asia Capital and Opus Capital Ventures.

The company started mass production of its products by contract manufacturer Flex at the end of 2009.

In March 2015, SolarEdge had an initial public offering of 7,000,000 shares of its common stock at a price to the public of $18.00 per share, raising $126 million. The shares began trading on the NASDAQ Global Select Market under the ticker symbol “SEDG.” Goldman Sachs and Deutsche Bank acted as joint book-running managers for the offering.

In May 2015, SolarEdge partnered with Tesla Energy to develop an inverter that could charge the Tesla Powerwall home energy storage battery that was unveiled in April 2015. The SolarEdge inverter manages both the conversion of energy from solar panels along with charging and discharging of the Powerwall. Over time, Tesla phased out its partnership with SolarEdge, with Tesla adding an inverter to its Powerwall 2 that was introduced in October 2016, and introducing its own solar inverter in January 2021.

In October 2018, SolarEdge announced agreements to acquire a major stake in Kokam, a South Korean provider of lithium-ion battery cells, batteries and energy storage solutions. In January 2019, SolarEdge announced the acquisition of a majority stake in SMRE – an Italian EV powertrain manufacturer. In 2019 SolarEdge announced the acquisition of Gamatronic, a UPS manufacturer, and established its Critical Power division.

In January 2023, SolarEdge announced the acquisition of Hark Systems – a European-Based Energy Analytics and IoT Company.

Following a battle with cancer, founder Guy Sella died in 2019. Former vice president of global sales Zvi Lando, was appointed as CEO.

In November 2024, SolarEdge announced that it was closing its Energy Storage division impacting approximately 500 employees most of whom are located in South Korea.

Read the full text

In December 2024, Shuki Nir was appointed as the new CEO, replacing interim CEO, Ronen Faier.

From Wikipedia’s article on SolarEdge, shared under CC BY-SA 4.0.6

Leadership

Who has led SolarEdge, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Guy Sella2015–2019
  2. Zvi Lando2019–2024
  3. Ronen Faier2024
  4. Yehoshua Nir2024–now

Chair

  1. Guy Sella2015–2017

Chief financial officer

  1. Ronen Faier2015–2024
  2. Ariel Porat2024–2025
  3. Asaf Alperovitz2025–2026
  4. Maoz Sigron2026–now

Chief operating officer

  1. Uri Bechor2019–now
2010201520202025
Board members and other officers (27)

Former names

  • SolarEdge Technologies IncNov 21, 2007 to Aug 8, 20195

Timeline

  1. Dec 6, 2024New chief executive Yehoshua Nir becomes CEO17
  2. Aug 27, 2024New chief executive Ronen Faier becomes CEO16
  3. Dec 18, 2019New chief executive Zvi Lando becomes CEO18
  4. Mar 25, 2015New chief executive Guy Sella becomes CEO19
  5. Mar 2015Went public Listed on NASDAQ1
  6. 2006Founded Founded1

Filings

294 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 55 major events, 152 insider forms, 31 large holders, 35 other. The latest 20:

  1. Oct 5, 20268-K EDGAR
  2. Sep 10, 20268-K EDGAR
  3. Aug 5, 202610-Q EDGAR
  4. Aug 5, 20268-K EDGAR
  5. Jul 30, 2026SCHEDULE 13G/A EDGAR
  6. Jun 25, 20268-K EDGAR
  7. Jun 5, 20264 EDGAR
  8. Jun 5, 20264 EDGAR
  9. Jun 5, 20264 EDGAR
  10. Jun 5, 20264 EDGAR
  11. Jun 5, 20264 EDGAR
  12. Jun 5, 20264 EDGAR
  13. Jun 4, 20268-K EDGAR
  14. Jun 2, 20264 EDGAR
  15. Jun 2, 20263 EDGAR
  16. May 28, 2026SD EDGAR
  17. May 11, 20264 EDGAR
  18. May 11, 20268-K EDGAR
  19. May 7, 2026144 EDGAR
  20. May 7, 202610-Q EDGAR

The 294 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 31 such filings since October 2021, the latest 10:

  1. Jul 30, 2026SCHEDULE 13G/A
  2. Apr 24, 2026SCHEDULE 13G/A
  3. Mar 26, 2026SCHEDULE 13G/A
  4. Feb 17, 2026SCHEDULE 13G/A
  5. Nov 5, 2025SCHEDULE 13G/A
  6. Sep 2, 2025SCHEDULE 13G
  7. Aug 14, 2025SCHEDULE 13G/A
  8. Aug 8, 2025SCHEDULE 13G/A
  9. May 15, 2025SCHEDULE 13G/A
  10. May 13, 2025SCHEDULE 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.9,578,632$559.8M0.0%+1,136,513
Invesco Ltd.2,595,869$151.7M0.0%−36,044
UBS Group AG2,470,352$144.4M0.0%−138,785
Menora Mivtachim Holdings Ltd.2,394,421$139.9M0.5%−380,500
Vanguard Portfolio Management LLC2,161,832$126.3M0.0%−112,100
State Street Corp1,761,901$103.0M0.0%+12,188
American Century Companies Inc1,714,096$100.2M0.0%+937,072
Migdal Insurance & Financial Holdings Ltd.1,691,340$98.8M0.6%+745,154
Legal & General Group Plc1,302,103$76.1M0.0%+366,681
Goldman Sachs Group Inc1,288,360$75.3M0.0%−8,751
Grantham, Mayo, Van Otterloo & Co. LLC1,243,795$72.7M0.2%−990,405
First Trust Advisors LP1,219,768$71.3M0.0%+303,410
Morgan Stanley1,125,177$65.8M0.0%−397,309
Viking Global Investors LP1,088,469$63.6M0.2%New
Artisan Partners Limited Partnership1,073,197$62.7M0.1%−565,293
ION Fund Management Ltd1,057,841$61.8M7.3%−45,849
Assenagon Asset Management S.A.987,526$57.7M0.0%+357,472
Meitav Investment House Ltd906,890$53.0M0.4%−110,661
Jacobs Levy Equity Management, Inc816,156$47.7M0.2%+426,065
Geode Capital Management, LLC815,380$47.7M0.0%+10,116
Renaissance Technologies LLC736,540$43.0M0.1%+259,900
Vanguard Capital Management LLC698,197$40.8M0.0%+30,316
Electron Capital Partners, LLC672,680$39.3M1.6%−405,998
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD556,585$32.5M1.3%−100,175
Erste Asset Management GmbH539,489$29.9M0.2%−141,018

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

7 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Aug 4, 2023Lois FrankelDemocratic, HouseSale$1,001 - $15,000+155.5%Report
Sep 19, 2022Lois FrankelDemocratic, HousePartial sale$1,001 - $15,000+188.4%Report
Mar 8, 2022Lois FrankelDemocratic, HousePartial sale$1,001 - $15,000+175.9%Report
Jan 10, 2022Lois FrankelDemocratic, HousePartial sale$1,001 - $15,000+153.5%Report
Jun 10, 2020Lois FrankelDemocratic, HouseBuy$1,001 - $15,000−220.6%Report
May 26, 2020Lois FrankelDemocratic, HousePartial sale$1,001 - $15,000+235.1%Report
Jan 27, 2020Lois FrankelDemocratic, HouseBuy$1,001 - $15,000−206.0%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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