$SEDG
Solaredge Technologies Inc Stock $sedg

$sedg Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 10-Q Financial Statement

#000117891322003868 Filed on November 08, 2022

Income Statement

Concept	2022 Q4	2022 Q3	2021 Q3
Revenue	$890.7M	$836.7M	$526.4M
YoY Change	61.38%	58.95%	55.7%
Cost Of Revenue	$629.7M	$614.7M	$353.8M
YoY Change	60.86%	73.73%	53.84%
Gross Profit	$261.0M	$222.0M	$172.6M
YoY Change	62.66%	28.65%	59.63%
Gross Profit Margin	29.31%	26.53%	32.78%
Selling, General & Admin	$72.68M	$70.66M	$50.48M
YoY Change	31.83%	39.97%	36.98%
% of Gross Profit	27.84%	31.83%	29.25%
Research & Development	$78.96M	$69.66M	$55.67M
YoY Change	22.75%	25.14%	36.38%
% of Gross Profit	30.25%	31.38%	32.26%
Depreciation & Amortization	$12.36M	$13.17M	$10.10M
YoY Change	17.13%	30.44%	21.69%
% of Gross Profit	4.74%	5.93%	5.85%
Operating Expenses	$237.8M	$137.6M	$106.1M
YoY Change	99.1%	29.63%	36.67%
Operating Profit	$23.21M	$84.41M	$66.41M
YoY Change	-43.43%	27.09%	118.51%
Interest Expense	$56.10M	-$33.03M	-$5.751M
YoY Change	-987.11%	474.25%	-136.4%
% of Operating Profit	241.67%	-39.13%	-8.66%
Other Income/Expense, Net	$186.0K	$7.533M
YoY Change
Pretax Income	$51.12M	$58.92M	$60.66M
YoY Change	47.27%	-2.88%	31.42%
Income Tax	$30.30M	$34.17M	$7.615M
% Of Pretax Income	59.26%	58.0%	12.55%
Net Earnings	$20.83M	$24.74M	$53.05M
YoY Change	-49.14%	-53.36%	21.25%
Net Earnings / Revenue	2.34%	2.96%	10.08%
Basic Earnings Per Share		$0.44	$1.01
Diluted Earnings Per Share	$0.35	$0.43	$948.5K
COMMON SHARES
Basic Shares Outstanding	55.89M shares	55.64M shares	52.36M shares
Diluted Shares Outstanding		58.75M shares	55.93M shares

Balance Sheet

Concept	2022 Q4	2022 Q3	2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.024B	$880.9M	$682.2M
YoY Change	46.78%	29.14%	-42.13%
Cash & Equivalents	$783.1M	$678.3M	$526.6M
Short-Term Investments	$241.1M	$202.6M	$145.5M
Other Short-Term Assets	$241.1M	$224.2M	$149.4M
YoY Change	36.21%	50.02%	73.55%
Inventory	$729.2M	$561.4M	$304.7M
Prepaid Expenses	$9.233M
Receivables	$905.1M	$785.3M	$416.2M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$2.900B	$2.452B	$1.553B
YoY Change	69.44%	57.92%	-11.03%
LONG-TERM ASSETS
Property, Plant & Equipment	$544.0M	$491.4M	$392.7M
YoY Change	32.55%	25.16%	33.24%
Goodwill	$31.19M	$108.9M
YoY Change	-75.94%
Intangibles	$19.93M	$46.29M
YoY Change	-66.14%
Long-Term Investments	$645.5M	$688.8M	$473.3M
YoY Change	33.86%	45.52%	2153.88%
Other Assets	$18.81M	$15.64M	$44.91M
YoY Change	-44.45%	-65.18%	700.68%
Total Long-Term Assets	$1.366B	$1.452B	$1.104B
YoY Change	14.85%	31.47%	107.06%
TOTAL ASSETS
Total Short-Term Assets	$2.900B	$2.452B	$1.553B
Total Long-Term Assets	$1.366B	$1.452B	$1.104B
Total Assets	$4.266B	$3.904B	$2.657B
YoY Change	47.05%	46.92%	16.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$459.8M	$311.6M	$137.6M
YoY Change	82.42%	126.39%	12.71%
Accrued Expenses	$117.6M	$112.4M	$183.7M
YoY Change	105.81%	-38.82%	20.54%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due			$141.0K
YoY Change			-99.1%
Total Short-Term Liabilities	$889.7M	$694.5M	$405.5M
YoY Change	69.41%	71.26%	6.0%
LONG-TERM LIABILITIES
Long-Term Debt	$669.8M	$669.2M	$646.2M
YoY Change	1.18%	3.57%	13.31%
Other Long-Term Liabilities	$15.76M	$15.57M	$362.7M
YoY Change	-19.37%	-95.71%	1839.33%
Total Long-Term Liabilities	$1.200B	$1.157B	$1.009B
YoY Change	12.59%	14.68%	16.8%
TOTAL LIABILITIES
Total Short-Term Liabilities	$889.7M	$694.5M	$405.5M
Total Long-Term Liabilities	$1.200B	$1.157B	$1.009B
Total Liabilities	$2.090B	$1.851B	$1.415B
YoY Change	31.34%	30.87%	13.52%
SHAREHOLDERS EQUITY
Retained Earnings	$743.8M	$723.0M
YoY Change	14.43%
Common Stock	$6.000K	$6.000K
YoY Change	20.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.176B	$2.052B	$1.242B
YoY Change
Total Liabilities & Shareholders Equity	$4.266B	$3.904B	$2.657B
YoY Change	47.05%	46.92%	16.61%

Cashflow Statement

Concept	2022 Q4	2022 Q3	2021 Q3
OPERATING ACTIVITIES
Net Income	$20.83M	$24.74M	$53.05M
YoY Change	-49.14%	-53.36%	21.25%
Depreciation, Depletion And Amortization	$12.36M	$13.17M	$10.10M
YoY Change	17.13%	30.44%	21.69%
Cash From Operating Activities	$111.3M	$5.558M	$61.78M
YoY Change	24.25%	-91.0%	118.32%
INVESTING ACTIVITIES
Capital Expenditures	$44.26M	-$33.20M	-$31.86M
YoY Change	-184.91%	4.2%	-13.65%
Acquisitions
YoY Change
Other Investing Activities	$7.726M	-$21.38M	-$30.10M
YoY Change	-122.64%	-28.96%	-381.28%
Cash From Investing Activities	-$36.53M	-$54.58M	-$61.96M
YoY Change	-57.65%	-11.91%	136.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	7.472M	-1.271M	1.774M
YoY Change	75.65%	-171.65%	-99.72%
NET CHANGE
Cash From Operating Activities	111.3M	5.558M	61.78M
Cash From Investing Activities	-36.53M	-54.58M	-61.96M
Cash From Financing Activities	7.472M	-1.271M	1.774M
Net Change In Cash	82.24M	-50.29M	1.597M
YoY Change	985.13%	-3249.28%	-99.75%
FREE CASH FLOW
Cash From Operating Activities	$111.3M	$5.558M	$61.78M
Capital Expenditures	$44.26M	-$33.20M	-$31.86M
Free Cash Flow	$67.04M	$38.76M	$93.65M
YoY Change	-52.68%	-58.61%	43.63%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	1872000	usd
CY2022Q1	sedg	Underwriters Discounts And Commissions UnderwritersDiscountsAndCommissions	27140000	usd
CY2022Q1	sedg	Offering Costs OfferingCosts	834000	usd
CY2022Q1	sedg	Stock Issued During Period Value Public Offering StockIssuedDuringPeriodValuePublicOffering	650526000	usd
CY2022Q3	sedg	Provision For Legal Claims ProvisionForLegalClaims	39000	usd
CY2021Q4	sedg	Provision For Legal Claims ProvisionForLegalClaims	11622000	usd
	sedg	Weighted Average Number Of Shares Outstanding Basic1 WeightedAverageNumberOfSharesOutstandingBasic1	54788734	shares
	sedg	Weighted Average Number Of Shares Outstanding Basic1 WeightedAverageNumberOfSharesOutstandingBasic1	52056233	shares
	sedg	Notes Due Interest NotesDueInterest	1651000	usd
	sedg	Notes Due Interest NotesDueInterest	1575000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	129791000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54788734	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	52056233	shares
	sedg	Notes Due NotesDue	2276818	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	820489	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1622390	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	57886041	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	55955441	shares
	us-gaap	Revenues Revenues	2219577000	usd
	us-gaap	Revenues Revenues	1411950000	usd
	sedg	Solar Segment Profit SolarSegmentProfit	324689000	usd
	sedg	Solar Segment Profit SolarSegmentProfit	283408000	usd
	sedg	Segments Operating Profit SegmentsOperatingProfit	248453000	usd
	sedg	Other Unallocated Amounts OtherUnallocatedAmounts	926000	usd
	sedg	Other Unallocated Amounts OtherUnallocatedAmounts	-955000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	171283000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	166101000	usd
	us-gaap	Revenues Revenues	2219577000	usd
	us-gaap	Revenues Revenues	1411950000	usd
	us-gaap	Cost Of Revenue CostOfRevenue	1635976000	usd
	us-gaap	Cost Of Revenue CostOfRevenue	943123000	usd
	us-gaap	Gross Profit GrossProfit	583601000	usd
	us-gaap	Gross Profit GrossProfit	468827000	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	210855000	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	155307000	usd
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	117017000	usd
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	85752000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	82483000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	60317000	usd
CY2021Q3	sedg	Other Operating Incomes OtherOperatingIncomes	0	usd
	sedg	Other Operating Incomes OtherOperatingIncomes	-1963000	usd
	sedg	Other Operating Incomes OtherOperatingIncomes	-1350000	usd
	us-gaap	Operating Expenses OperatingExpenses	302726000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	166101000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	52056233	shares
	us-gaap	Profit Loss ProfitLoss	128216000	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.46
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.32
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	57886041	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	55955441	shares
	us-gaap	Net Income Loss NetIncomeLoss	128216000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-14168000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-6515000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-7596000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-22992000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	105224000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	8141000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	37171000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-43553000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	15084000	usd
CY2020Q4	us-gaap	Shares Outstanding SharesOutstanding	1085757	shares
CY2021Q1	sedg	Cumulative Effect Of Adopting Asc606 CumulativeEffectOfAdoptingAsc606	-33452000	usd
CY2021Q2	sedg	Stock Issued During Period Value Stock Options Exercised Two StockIssuedDuringPeriodValueStockOptionsExercisedTwo	5500000	usd
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	24052000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	3225000	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	45092000	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	1177793000	usd
CY2022Q3	us-gaap	Deferred Revenue And Credits Noncurrent DeferredRevenueAndCreditsNoncurrent	176824000	usd
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	8871000	usd
CY2021Q3	us-gaap	Deferred Revenue And Credits Noncurrent DeferredRevenueAndCreditsNoncurrent	136269000	usd
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	10400000	usd
CY2021Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	247063000	usd
CY2022Q3	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	97222000	usd
CY2021Q3	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	67096000	usd
CY2022Q3	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	248917000	usd
CY2021Q3	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	179967000	usd
CY2021Q4	us-gaap	Deferred Revenue DeferredRevenue	169345000	usd
CY2020Q4	us-gaap	Deferred Revenue DeferredRevenue	140020000	usd
CY2022Q3	us-gaap	Deferred Revenue DeferredRevenue	208720000	usd
CY2021Q3	us-gaap	Deferred Revenue DeferredRevenue	153208000	usd
CY2022Q3	us-gaap	Deferred Revenue And Credits Current DeferredRevenueAndCreditsCurrent	31896000	usd
CY2021Q3	us-gaap	Deferred Revenue And Credits Current DeferredRevenueAndCreditsCurrent	16939000	usd
CY2021Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	265160000	usd
CY2020Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	204994000	usd
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	163783000	usd
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	109382000	usd
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	82804000	usd
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	67313000	usd
CY2022Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	346139000	usd
CY2022Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-128266000	usd
CY2021Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-19135000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	106932000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	73390000	usd
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	9182000	usd
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	10249000	usd
CY2022Q3	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	usd
CY2021Q3	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	usd
	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	4008000	usd
	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	usd
CY2021Q3	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	0	usd
	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	660000	usd
	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	2209000	usd
CY2022Q3	sedg	Legal Settlement Related To Kokams Acquisition LegalSettlementRelatedToKokamsAcquisition	0	usd
CY2021Q3	sedg	Legal Settlement Related To Kokams Acquisition LegalSettlementRelatedToKokamsAcquisition	0	usd
	sedg	Legal Settlement Related To Kokams Acquisition LegalSettlementRelatedToKokamsAcquisition	0	usd
	sedg	Legal Settlement Related To Kokams Acquisition LegalSettlementRelatedToKokamsAcquisition	-859000	usd
CY2021Q3	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	0	usd
	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	1963000	usd
	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	1350000	usd
	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	4008000	usd
	sedg	Legal Settlement Related To Kokams Acquisition LegalSettlementRelatedToKokamsAcquisition	-859000	usd
CY2021Q3	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.126	pure
CY2022Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	2561000	usd
CY2021Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	2192000	usd
CY2022Q3	sedg	Weighted Average Number Of Shares Outstanding Basic1 WeightedAverageNumberOfSharesOutstandingBasic1	55730328	shares
CY2021Q3	sedg	Weighted Average Number Of Shares Outstanding Basic1 WeightedAverageNumberOfSharesOutstandingBasic1	52355867	shares
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	72950000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	128216000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	74601000	usd
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	181802	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	169597	shares
	us-gaap	Share Based Compensation ShareBasedCompensation	106932000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	73390000	usd
CY2022Q3	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	usd
CY2021Q3	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	usd
	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	4008000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	0	usd
	sedg	Marketable Securities Amortization MarketableSecuritiesAmortization	6301000	usd
	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	4008000	usd
	us-gaap	Net Income Loss NetIncomeLoss	72950000	usd
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	55894875	shares
CY2022Q3	sedg	Other Operating Incomes OtherOperatingIncomes	2724000	usd
	us-gaap	Operating Expenses OperatingExpenses	412318000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	171283000	usd
CY2022Q3	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	33025000	usd
CY2021Q3	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	5751000	usd
	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	52785000	usd
	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	13591000	usd
CY2022Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	7533000	usd
CY2021Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	7533000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	126031000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	152510000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	53081000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	24294000	usd
	us-gaap	Profit Loss ProfitLoss	72950000	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.33
CY2021Q3	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	29000	usd
	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-23647000	usd
	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-1847000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	308000	usd
	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
	sedg	Gain From Sale Of Privately Held Company GainFromSaleOfPrivatelyHeldCompany	7533000	usd
	sedg	Gain From Sale Of Privately Held Company GainFromSaleOfPrivatelyHeldCompany	0	usd
	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	16219000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-4656000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	619000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2186000	usd
	sedg	Proceeds From Exercise Of Stockbased Awards ProceedsFromExerciseOfStockbasedAwards	3508000	usd
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.29
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	54788734	shares
	sedg	Proceeds From Exercise Of Stockbased Awards ProceedsFromExerciseOfStockbasedAwards	6128000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2175000	usd
	sedg	Marketable Securities Amortization MarketableSecuritiesAmortization	7864000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-66129000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-100947000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-27997000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	164000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	2027532000	usd
CY2022Q3	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	1866	shares
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	36632000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-38646000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	24743000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	2052127000	usd
CY2021Q3	sedg	Stock Issued During Period Value Stock Options Exercised Two StockIssuedDuringPeriodValueStockOptionsExercisedTwo	656000	usd
CY2021Q3	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	26185000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-15599000	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	53048000	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	1242083000	usd
	us-gaap	Depreciation Depreciation	29571000	usd
	us-gaap	Depreciation Depreciation	21492000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7741000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7487000	usd
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	485000	usd
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	-2013000	usd
	sedg	Exchange Rate Fluctuations Net And Other Items ExchangeRateFluctuationsNetAndOtherItems	64662000	usd
	sedg	Exchange Rate Fluctuations Net And Other Items ExchangeRateFluctuationsNetAndOtherItems	13086000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-30678000	usd
	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	104000	usd
	sedg	Increase Decrease In Product Warranty Accrual IncreaseDecreaseInProductWarrantyAccrual	82025000	usd
	sedg	Increase Decrease In Product Warranty Accrual IncreaseDecreaseInProductWarrantyAccrual	42368000	usd
	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-67789000	usd
	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-20055000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	124552000	usd
	sedg	Proceeds From Sale Of A Privatelyheld Company ProceedsFromSaleOfAPrivatelyheldCompany	24175000	usd
	sedg	Proceeds From Sale Of A Privatelyheld Company ProceedsFromSaleOfAPrivatelyheldCompany	0	usd
	sedg	Withdrawal From Bank Deposits WithdrawalFromBankDeposits	0	usd
	sedg	Withdrawal From Bank Deposits WithdrawalFromBankDeposits	-50020000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	2996000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-397959000	usd
CY2022Q3	us-gaap	Derivative Assets DerivativeAssets	1813000	usd
CY2021Q4	us-gaap	Derivative Assets DerivativeAssets	4009000	usd
CY2022Q3	us-gaap	Derivative Liabilities DerivativeLiabilities	4269000	usd
CY2021Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	169000	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	37855000	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	46259000	usd
	us-gaap	Deferred Revenue Period Increase Decrease DeferredRevenuePeriodIncreaseDecrease	77230000	usd
	us-gaap	Deferred Revenue Period Increase Decrease DeferredRevenuePeriodIncreaseDecrease	59447000	usd
CY2022Q3	sedg	Capitalized Stock Based Compensation CapitalizedStockBasedCompensation	881000	usd
	sedg	Capitalized Stock Based Compensation CapitalizedStockBasedCompensation	977000	usd
CY2022Q3	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	-19000	usd
CY2022Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-1146000	usd
CY2021Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-1146000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	usd
CY2022Q3	sedg	Gain Loss On Sale Of Critical Power Assets GainLossOnSaleOfCriticalPowerAssets	-1559000	usd
CY2021Q3	sedg	Gain Loss On Sale Of Critical Power Assets GainLossOnSaleOfCriticalPowerAssets	0	usd
	sedg	Gain Loss On Sale Of Critical Power Assets GainLossOnSaleOfCriticalPowerAssets	-1559000	usd
	sedg	Gain Loss On Sale Of Critical Power Assets GainLossOnSaleOfCriticalPowerAssets	0	usd
CY2022Q3	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-2724000	usd
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.421	pure
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.159	pure
	sedg	Percentage Of Corporate Alternative Minimum Tax Rate PercentageOfCorporateAlternativeMinimumTaxRate	0.15	pure
	sedg	Excise Tax Rate On Stock Buybacks ExciseTaxRateOnStockBuybacks	0.01	pure
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	72950000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	128216000	usd
	sedg	Notes Due NotesDue	2276818	shares
	sedg	All Other Segment Loss AllOtherSegmentLoss	32598000	usd
	sedg	All Other Segment Loss AllOtherSegmentLoss	34955000	usd
	sedg	Segments Operating Profit SegmentsOperatingProfit	292091000	usd
CY2022Q3	us-gaap	Adjustment For Amortization AdjustmentForAmortization	-2559000	usd
CY2021Q3	us-gaap	Adjustment For Amortization AdjustmentForAmortization	-2785000	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	-8039000	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	-8007000	usd
	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	usd
CY2022Q3	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	0	usd
CY2021Q3	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	0	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	4314000	usd
CY2022Q3	sedg	Sale Of Critical Power Assets SaleOfCriticalPowerAssets	1559000	usd
CY2021Q3	sedg	Sale Of Critical Power Assets SaleOfCriticalPowerAssets	0	usd
	sedg	Sale Of Critical Power Assets SaleOfCriticalPowerAssets	1559000	usd
	sedg	Sale Of Critical Power Assets SaleOfCriticalPowerAssets	0	usd
CY2022Q3	sedg	Other Unallocated Amounts OtherUnallocatedAmounts	922000	usd
CY2021Q3	sedg	Other Unallocated Amounts OtherUnallocatedAmounts	148000	usd

Files In Submission

Name	View Source	Status
0001178913-22-003868-index-headers.html	Edgar Link	pending
0001178913-22-003868-index.html	Edgar Link	pending
0001178913-22-003868.txt	Edgar Link	pending
0001178913-22-003868-xbrl.zip	Edgar Link	pending
exhibit_31-1.htm	Edgar Link	pending
exhibit_31-2.htm	Edgar Link	pending
exhibit_32-1.htm	Edgar Link	pending
exhibit_32-2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
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sedg-20220930.xsd	Edgar Link	pending
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zk2228664.htm	Edgar Link	pending
sedg-20220930_cal.xml	Edgar Link	unprocessable
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sedg-20220930_lab.xml	Edgar Link	unprocessable
sedg-20220930_pre.xml	Edgar Link	unprocessable
zk2228664_htm.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable

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$SEDG
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2022 Q4 Form 10-Q Financial Statement

#000117891322003868 Filed on November 08, 2022

Income Statement

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$SEDG Solaredge Technologies Inc Stock $sedg

2022 Q4 Form 10-Q Financial Statement

#000117891322003868 Filed on November 08, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SEDG
Solaredge Technologies Inc Stock $sedg