SolarEdge Technologies Inc (SEDG)

Net profit margin

		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	Dec 31, 2019
Net income (ttm)	US$ in thousands	-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	146,549
Revenue (ttm)	US$ in thousands	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	1,425,660
Net profit margin		-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%	10.28%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-1,655,832K ÷ $1,046,751K
= -158.19%

The net profit margin of SolarEdge Technologies Inc has exhibited fluctuations in recent periods. The company reported negative net profit margins in the September 2024 and June 2024 quarters, suggesting that expenses exceeded revenues during those periods. The negative net profit margin of -158.19% in September 2024 indicates a significant loss compared to revenue.

The trend improved in the March 2024 quarter with a net profit margin of -11.68%, showing a narrowing loss compared to the previous periods. The company then managed to achieve positive net profit margins in the subsequent quarters, with the highest net profit margin of 11.55% reported in the December 2020 period.

Overall, the company's net profit margin has varied over the analyzed periods, with some quarters indicating profitability and others showing losses. Investors and analysts may further investigate the reasons behind the fluctuations in net profit margin to assess the company's financial performance and sustainability.