SolarEdge Technologies Inc (SEDG)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	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
Net income (ttm)	US$ in thousands	-1,254,538	-1,655,832	-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
Revenue (ttm)	US$ in thousands	901,456	1,046,751	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
Net profit margin		-139.17%	-158.19%	-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%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-1,254,538K ÷ $901,456K
= -139.17%

The net profit margin of SolarEdge Technologies Inc has exhibited a declining trend over the periods provided. Starting from March 31, 2020, at 10.71%, the margin increased gradually until reaching a peak of 11.55% on September 30, 2020. However, from that point onward, the net profit margin began to decrease steadily. As of December 31, 2024, the margin had plummeted to -139.17%.

This negative trend indicates that the company's profitability in relation to its revenue has deteriorated significantly over the analyzed period. A negative net profit margin implies that the company is experiencing losses rather than generating profits from its operations. This downturn in profitability could be a cause for concern and warrants further investigation into the company's financial performance and underlying factors leading to such a substantial decline in profitability.