SolarEdge Technologies Inc (SEDG)

Net profit margin

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	-511,688	-261,360	34,329	217,541	303,460	199,034	93,779	113,904	142,209	172,217	169,170	145,871	136,574	128,150	140,322	175,445	173,321	169,781	146,549	45,608
Revenue (ttm)	US$ in thousands	1,511,153	2,237,038	2,976,528	3,551,186	3,662,604	3,399,088	3,110,279	2,771,492	2,461,173	2,213,456	1,963,865	1,770,057	1,581,748	1,433,542	1,459,271	1,519,387	1,591,848	1,585,007	1,425,660	1,271,107
Net profit margin		-33.86%	-11.68%	1.15%	6.13%	8.29%	5.86%	3.02%	4.11%	5.78%	7.78%	8.61%	8.24%	8.63%	8.94%	9.62%	11.55%	10.89%	10.71%	10.28%	3.59%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-511,688K ÷ $1,511,153K
= -33.86%

The net profit margin of SolarEdge Technologies Inc has shown fluctuation over the analyzed periods. The company's net profit margin was negative in the most recent quarter at -33.86%, indicating that the company incurred a net loss relative to its revenue during that period. This may raise concerns about the company's ability to generate profits and manage costs effectively.

Looking further back, the net profit margin improved from negative values to positive values, reaching a peak of 11.55% in the last quarter of 2020. This suggests that the company was able to turn its revenue into higher profits during that period.

However, there was a slight decline in the net profit margin in the most recent quarters compared to the peak in 2020. This decline could be a result of various factors such as increased expenses, lower revenue, or other operational challenges.

Overall, the trend in SolarEdge Technologies Inc's net profit margin reflects variability in the company's profitability over time, indicating the importance of closely monitoring its financial performance and implementing strategies to improve profitability and efficiency in its operations.