SolarEdge Technologies, Inc. (SEDG) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.82B | 1.74B | 1.77B | 1.97B | 1.99B | 2.03B | 2.12B | 2.89B | 2.99B | 3.3B | 3.36B | 3.45B | 3.24B | 2.9B | 2.45B | 2.28B | 2.46B | 1.71B | 1.55B | 1.49B |
| Cash & Short-Term Investments | 582.63M | 493.17M | 498.58M | 757.99M | 651.63M | 585.89M | 678.77M | 689.83M | 680.64M | 860.04M | 1.03B | 1.05B | 1.14B | 1.02B | 880.93M | 895.79M | 1.16B | 697.82M | 682.17M | 683.36M |
| Cash Only | 553.37M | 455.07M | 439.51M | 545.24M | 401.36M | 274.61M | 303.9M | 259.5M | 214.23M | 338.47M | 551.12M | 557.74M | 727.85M | 783.11M | 678.33M | 745.53M | 1B | 530.09M | 526.59M | 524.11M |
| Short-Term Investments | 29.27M | 38.1M | 59.06M | 212.75M | 250.27M | 311.28M | 374.87M | 430.33M | 466.41M | 521.57M | 477.27M | 493.18M | 410.82M | 241.12M | 202.6M | 150.26M | 158.56M | 167.73M | 155.58M | 159.25M |
| Accounts Receivable | 222.7M | 267.44M | 286.26M | 308.98M | 240.87M | 342.38M | 622.25M | 443.54M | 526.3M | 780.83M | 1.05B | 1.29B | 1.17B | 1.06B | 785.33M | 669.1M | 676.82M | 527.38M | 416.24M | 343.65M |
| Days Sales Outstanding | 71.04 | 75.95 | 80.49 | 86.44 | 119.58 | 259.87 | 187.91 | 166.27 | 290.97 | 266.33 | 148.45 | 113.17 | 106.46 | 95.25 | 79.96 | 84.15 | 82.72 | 78.65 | 66.4 | 58.32 |
| Inventory | 596.82M | 552.63M | 530.8M | 529.31M | 636.6M | 645.9M | 798.38M | 1.51B | 1.55B | 1.44B | 1.18B | 984.19M | 874.21M | 729.2M | 561.35M | 470.27M | 432.5M | 380.14M | 304.71M | 321.92M |
| Days Inventory Outstanding | 213.45 | 190.95 | 172.56 | 206.18 | 285.78 | 215.37 | 110.01 | 502.82 | 604.35 | 323.73 | 170.74 | 125.46 | 112.08 | 94.28 | 77.2 | 75.35 | 76.81 | 80.48 | 81.46 | 93 |
| Other Current Assets | 414.52M | 426.6M | 415.11M | 352.67M | 433.21M | 434.85M | -19.73M | 220.92M | 233M | 190.41M | 108.25M | 122.38M | 55.13M | 87.25M | 224.17M | 248.64M | 191.66M | 63.44M | 1.06M | 2.5M |
| Total Non-Current Assets | 443.83M | 442.35M | 464.79M | 518.53M | 535.49M | 595.89M | 698.28M | 1.06B | 1.18B | 1.28B | 1.29B | 1.25B | 1.25B | 1.37B | 1.45B | 1.49B | 1.22B | 1.19B | 1.1B | 1.08B |
| Property, Plant & Equipment | 315.05M | 317.53M | 360.17M | 371.91M | 388.46M | 384.83M | 466.99M | 649.13M | 664.7M | 678.75M | 672.15M | 646.89M | 625.85M | 606.72M | 553.97M | 547.48M | 533.29M | 457.52M | 392.66M | 378.62M |
| Fixed Asset Turnover | 0.98x | 0.99x | 0.93x | 0.76x | 0.57x | 0.40x | 0.47x | 0.40x | 0.30x | 0.47x | 1.10x | 1.56x | 1.53x | 1.53x | 1.52x | 1.35x | 1.32x | 1.30x | 1.37x | 1.31x |
| Goodwill | 49.85M | 50.12M | 50.52M | 51.35M | 48.63M | 48.38M | 51.88M | 52.04M | 41.47M | 43M | 41.2M | 42.33M | 29.93M | 31.19M | 108.86M | 116.17M | 127.11M | 129.63M | 131.76M | 135.98M |
| Intangible Assets | 6.42M | 7.13M | 7.75M | 8.44M | 8.87M | 9.67M | 11.17M | 36.79M | 33.04M | 35.34M | 41.95M | 43.66M | 17.93M | 19.93M | 46.29M | 50.37M | 55.73M | 58.86M | 61.64M | 61.85M |
| Long-Term Investments | 0 | 0 | 6.38M | 45.53M | 55.32M | 63.57M | 78.61M | 147.66M | 284.39M | 415.48M | 444.14M | 444.34M | 509.13M | 647.35M | 688.75M | 709.57M | 449.67M | 482.23M | 473.31M | 457.36M |
| Other Non-Current Assets | 72.5M | 67.57M | 39.98M | 41.32M | 34.21M | 89.44M | 89.63M | 37.64M | 31.6M | 29.95M | 28.1M | 20.24M | 24.91M | 16.94M | 15.64M | 31.97M | 23.58M | 33.86M | 23.08M | 21.63M |
| Total Assets | 2.26B | 2.18B | 2.23B | 2.49B | 2.53B | 2.63B | 2.82B | 3.95B | 4.17B | 4.59B | 4.65B | 4.7B | 4.5B | 4.27B | 3.9B | 3.77B | 3.68B | 2.9B | 2.66B | 2.56B |
| Asset Turnover | 0.14x | 0.15x | 0.14x | 0.12x | 0.09x | 0.06x | 0.08x | 0.07x | 0.05x | 0.07x | 0.16x | 0.22x | 0.22x | 0.22x | 0.22x | 0.20x | 0.20x | 0.20x | 0.20x | 0.19x |
| Asset Growth % | -10.48% | -17.03% | -20.74% | -36.92% | -39.4% | -42.67% | -39.45% | -15.93% | -7.33% | 7.54% | 19.15% | 24.49% | 22.09% | 47.05% | 46.92% | 47.13% | 49.43% | 19.03% | 16.61% | 59.69% |
| Total Current Liabilities | 897.27M | 803.5M | 774.79M | 1.02B | 974.43M | 1.04B | 903.81M | 566.82M | 658.89M | 893.23M | 876.65M | 897.73M | 900.04M | 889.72M | 694.48M | 612.17M | 568.74M | 525.18M | 405.51M | 399.58M |
| Accounts Payable | 404.51M | 271.98M | 283.5M | 178.72M | 135.44M | 93.49M | 94.73M | 134.42M | 171.41M | 386.47M | 399.27M | 434.6M | 408.52M | 459.83M | 311.56M | 253.4M | 241.63M | 252.07M | 137.62M | 141.17M |
| Days Payables Outstanding | 125.62 | 97.9 | 75.24 | 55.55 | 51.01 | 28.07 | 10.94 | 50.35 | 112.66 | 97.04 | 65.85 | 56.92 | 60.7 | 56.35 | 42.28 | 41.32 | 46.66 | 45.8 | 36.24 | 36.98 |
| Short-Term Debt | 0 | 0 | 0 | 341.87M | 341.47M | 346.31M | 345.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 148K | 141K | 139K |
| Deferred Revenue (Current) | 38.54M | 70.37M | 0 | 37.17M | 76.49M | 140.87M | 27.37M | 28.46M | 36.08M | 40.84M | 22.06M | 28.14M | 27.51M | 26.64M | 31.9M | 30.46M | 25.51M | 17.79M | 16.94M | 16.14M |
| Other Current Liabilities | 372.23M | 461.14M | 176.13M | 130.88M | 131.24M | 144.39M | 169.61M | 175.01M | 184.43M | 188.95M | 177.91M | 340.42M | 355.94M | 106.7M | 263.81M | 244.85M | 202.72M | 85.15M | 67.1M | 64.86M |
| Current Ratio | 2.02x | 2.17x | 2.28x | 1.94x | 2.04x | 1.95x | 2.34x | 5.10x | 4.54x | 3.70x | 3.84x | 3.84x | 3.60x | 3.26x | 3.53x | 3.73x | 4.33x | 3.26x | 3.83x | 3.73x |
| Quick Ratio | 1.36x | 1.48x | 1.60x | 1.42x | 1.39x | 1.33x | 1.46x | 2.45x | 2.19x | 2.08x | 2.49x | 2.75x | 2.63x | 2.44x | 2.72x | 2.96x | 3.57x | 2.53x | 3.08x | 2.92x |
| Cash Conversion Cycle | 158.86 | 169 | 177.81 | 237.06 | 354.35 | 447.18 | 286.97 | 618.74 | 782.66 | 493.02 | 253.33 | 181.72 | 157.84 | 133.18 | 114.88 | 118.18 | 112.87 | 113.34 | 111.62 | 114.34 |
| Total Non-Current Liabilities | 952.52M | 951.24M | 977.76M | 960.5M | 956.53M | 930.77M | 956.22M | 1.28B | 1.27B | 1.28B | 1.28B | 1.28B | 1.25B | 1.2B | 1.16B | 1.13B | 1.1B | 1.07B | 1.01B | 986.95M |
| Long-Term Debt | 331.94M | 368.21M | 331.17M | 330.78M | 330.39M | 330.01M | 329.61M | 638.7M | 628.12M | 627.38M | 626.65M | 625.91M | 625.18M | 624.45M | 623.72M | 622.99M | 622.26M | 621.53M | 620.81M | 620.08M |
| Capital Lease Obligations | 57.63M | 55.21M | 70.92M | 72.85M | 71.19M | 69.18M | 70.49M | 76.08M | 81.61M | 86.96M | 86.9M | 89.25M | 94.57M | 91.64M | 91.91M | 89.53M | 101.89M | 79.42M | 56.88M | 56.68M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 156K | 405K | 0 |
| Other Non-Current Liabilities | 248.99M | 234.49M | 575.67M | 308.14M | 311.31M | 300.54M | 329.34M | 337.86M | 339.12M | 353.64M | 358.52M | 358.79M | 328.93M | 296.84M | 264.49M | 250.32M | 220.77M | 213.07M | 194.88M | 182.08M |
| Total Liabilities | 1.85B | 1.75B | 1.75B | 1.98B | 1.93B | 1.97B | 1.86B | 1.84B | 1.93B | 2.18B | 2.16B | 2.18B | 2.15B | 2.09B | 1.85B | 1.75B | 1.67B | 1.59B | 1.41B | 1.39B |
| Total Debt | 389.57M | 423.42M | 415.81M | 759.56M | 758.08M | 757.35M | 758.44M | 729.12M | 729.51M | 732.05M | 733.65M | 735.03M | 736.96M | 735.54M | 730.93M | 727.83M | 738.72M | 713.83M | 677.83M | 676.9M |
| Net Debt | -163.79M | -31.66M | -23.71M | 214.32M | 356.71M | 482.74M | 454.54M | 469.62M | 515.28M | 393.58M | 182.53M | 177.28M | 9.11M | -47.57M | 52.61M | -17.7M | -264.05M | 183.74M | 151.25M | 152.79M |
| Debt / Equity | 0.95x | 0.99x | 0.87x | 1.48x | 1.28x | 1.15x | 0.79x | 0.35x | 0.33x | 0.30x | 0.29x | 0.29x | 0.31x | 0.34x | 0.36x | 0.36x | 0.37x | 0.54x | 0.55x | 0.57x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | 4.49x | 4.68x | 102.14x | 7.49x | 15.01x | 11.81x | 13.84x | 8.86x | 10.39x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | 1.08x | 0.06x | -6.61x | 0.54x | -0.37x | -4.22x | 3.56x | 1.98x | 2.34x |
| Interest Coverage | -44.11x | -0.71x | - | -22.04x | - | -41.41x | - | - | -22.55x | - | -2.12x | - | - | 24.91x | 2.49x | 2.84x | 11.05x | - | 11.55x | 31.38x |
| Total Equity | 410.72M | 427.46M | 479.76M | 513.22M | 594.21M | 658.34M | 956.37M | 2.11B | 2.24B | 2.41B | 2.49B | 2.52B | 2.35B | 2.18B | 2.05B | 2.03B | 2.01B | 1.31B | 1.24B | 1.18B |
| Equity Growth % | -30.88% | -35.07% | -49.84% | -75.63% | -73.48% | -72.7% | -61.6% | -16.43% | -4.69% | 10.82% | 21.36% | 24.3% | 16.92% | 66.13% | 65.22% | 72.15% | 82.79% | 20.66% | 20.35% | 27.36% |
| Book Value per Share | 6.87 | 7.14 | 8.25 | 8.83 | 10.22 | 11.45 | 16.77 | 37.15 | 39.21 | 42.38 | 43.94 | 42.58 | 39.71 | 37.05 | 34.93 | 34.62 | 35.70 | 23.39 | 22.21 | 21.06 |
| Total Shareholders' Equity | 410.72M | 427.46M | 479.76M | 513.22M | 594.21M | 658.34M | 956.37M | 2.11B | 2.24B | 2.41B | 2.49B | 2.52B | 2.35B | 2.18B | 2.05B | 2.03B | 2.01B | 1.31B | 1.24B | 1.18B |
| Common Stock | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 5K | 5K | 5K |
| Retained Earnings | -1.49B | -1.43B | -1.3B | -1.25B | -1.13B | -1.03B | -715.28M | 490.04M | 620.86M | 778.17M | 940.55M | 1B | 882.22M | 743.84M | 723.01M | 698.26M | 683.18M | 650.06M | 609.1M | 556.06M |
| Treasury Stock | 0 | 0 | -16.02M | -16.02M | -50.19M | -50.19M | -50.31M | -50.31M | -33.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 4.94M | -11.66M | -64.04M | -57.87M | -74.6M | -76.48M | -57.25M | -77.95M | -66.61M | -46.88M | -83.95M | -77.43M | -77.2M | -73.11M | -128.27M | -89.62M | -46.07M | -27.32M | -19.14M | -3.54M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |