Earnings Summary

Solaredge Technologies, Inc.’s revenue jumped 36.21% since last year same period to $991.29Mn in the Q2 2023. On a quarterly growth basis, Solaredge Technologies, Inc. has generated 5.02% jump in its revenue since last 3-months.

Solaredge Technologies, Inc.’s net profit jumped 692.3% since last year same period to $119.51Mn in the Q2 2023. On a quarterly growth basis, Solaredge Technologies, Inc. has generated -13.64% fall in its net profits since last 3-months.

Solaredge Technologies, Inc.’s net profit margin jumped 481.68% since last year same period to 12.06% in the Q2 2023. On a quarterly growth basis, Solaredge Technologies, Inc. has generated -17.76% fall in its net profit margins since last 3-months.

Solaredge Technologies, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.53 - a 6.25% jump from last quarter’s estimates.

Solaredge Technologies, Inc.’s earning per share (EPS) estimates for the current year stand at 1.53.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Solaredge Technologies, Inc.’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Solaredge Technologies, Inc.’s return on equity (ROE) stands at 0.13.