SolarEdge Technologies
Invented an inverter solution for harvesting and managing power in a solar photovoltaic (PV) system. Learn more
Launch date
Employees
Market cap
AUD1.6b
Enterprise valuation
AUD1.7b (Public information from Sep 2024)
Share price
$21.2 SEDG
Herzliya Tel Aviv District (HQ)
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 1.5b | 2.0b | 3.1b | 3.0b | 1.1b | 1.9b | 2.3b |
% growth | 2 % | 35 % | 58 % | (4 %) | (64 %) | 80 % | 20 % |
EBITDA | 174m | 247m | 216m | 147m | (376m) | 51.1m | 243m |
% EBITDA margin | 12 % | 13 % | 7 % | 5 % | (35 %) | 3 % | 10 % |
Profit | 140m | 169m | 93.8m | 34.3m | (511m) | (120m) | 47.1m |
% profit margin | 10 % | 9 % | 3 % | 1 % | (47 %) | (6 %) | 2 % |
EV / revenue | 10.9x | 7.5x | 5.0x | 1.7x | 0.8x | 0.3x | 0.3x |
EV / EBITDA | 91.2x | 59.4x | 71.5x | 34.5x | -2.2x | 13.1x | 2.7x |
R&D budget | 163m | 220m | 290m | 321m | - | - | - |
R&D % of revenue | 11 % | 11 % | 9 % | 11 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$11.8m | Series A | ||
$23.0m | Series B | ||
$25.0m | Late VC | ||
$37.0m | Late VC | ||
$58.0m | Series D | ||
N/A | Series E | ||
N/A | $126m Valuation: $778m | IPO | |
* | N/A | $679m | Post IPO Equity |
* | N/A | Post IPO Equity | |
* | N/A | $300m | Post IPO Convertible |
Total Funding | AUD239m |
Recent News about SolarEdge Technologies
EditMore about SolarEdge Technologies
EditSolarEdge, a global leader in smart energy technology, innovates solutions for various energy market segments, including residential, commercial, and large-scale PV, battery storage, EV charging, home energy management, grid services, virtual power plants, and UPS, driven by world-class engineering and a focus on progress. Established in 2006, SolarEdge revolutionized PV systems with its DC-optimized inverter solution for improved power generation and lower energy costs.
Tech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by SolarEdge Technologies
EditACQUISITION by SolarEdge Technologies May 2018
ACQUISITION by Uplight Dec 2023
ACQUISITION by SolarEdge Technologies Oct 2018
ACQUISITION by SolarEdge Technologies Jan 2023
ACQUISITION by SolarEdge Technologies Jan 2019
ACQUISITION by SolarEdge Technologies Apr 2024