SolarEdge Technologies Inc (SEDG)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	-1,254,540	290,024	93,779	169,170	140,322
Revenue	US$ in thousands	901,456	2,976,530	3,110,280	1,963,860	1,459,270
Net profit margin		-139.17%	9.74%	3.02%	8.61%	9.62%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $-1,254,540K ÷ $901,456K
= -139.17%

The net profit margin of SolarEdge Technologies Inc has fluctuated over the years as per the provided data.

- As of December 31, 2020, the net profit margin was 9.62%, indicating that the company was generating a profit of approximately 9.62 cents for every dollar of revenue.
- By December 31, 2021, the net profit margin decreased to 8.61%, signaling a slight decline in profitability.
- The net profit margin experienced a significant drop to 3.02% by December 31, 2022, suggesting a decrease in the company's ability to convert revenue into profit efficiently.
- Despite the decrease in 2022, the net profit margin bounced back to 9.74% by December 31, 2023, showing a strong recovery.
- Surprisingly, the net profit margin turned negative at -139.17% by December 31, 2024, which raises concerns about the company's financial health and ability to generate profit from its operations.

Overall, SolarEdge Technologies Inc has displayed varying levels of profitability over the years, with fluctuations that may require further investigation to understand the factors contributing to these changes.