Solaredge Technologies (SEDG) Non Operating Income (2014 - 2024)
Solaredge Technologies' (SEDG) quarterly Non Operating Income came in at $865000.0 in Q2 2024, up 125.56% year-on-year from $383487.5 in Q3 2023, and down 87.75% on a QoQ basis from $7.1 million in Q1 2024.
Solaredge Technologies (SEDG) Non Operating Income (2014 - 2024) Analysis & Trends
Solaredge Technologies (SEDG) has 11 years of Non Operating Income data on file, last reported at $865000.0 in Q2 2024.
- On a quarterly basis, Non Operating Income rose 125.56% year-over-year to $865000.0 in Q2 2024; TTM through Jun 2024 was $12.4 million, a 38.99% decrease from a year earlier, with the FY2017 full-year figure at $5.0 million, changed N/A from the prior year.
- Non Operating Income for Q2 2024 stood at $865000.0, down from $7.1 million in the prior quarter.
- Over the last five years, Non Operating Income for SEDG reached as high as $33.1 million in Q3 2022 and fell as low as -$23.7 million in Q1 2023.
- Historically, Non Operating Income has averaged $2.7 million across 5 years, with a median of $2.7 million in 2022.
- Across the five-year window, Non Operating Income surged 1396.12% in 2020 and sank 614.09% in 2023, its largest moves.
- Year by year, Non Operating Income stood at $15.8 million in 2020, then slumped by 136.48% to -$5.8 million in 2021, then surged by 676.35% to $33.1 million in 2022, then plunged by 76.16% to $7.9 million in 2023, then sank by 89.05% to $865000.0 in 2024.
- Per Business Quant data, the three most recent Non Operating Income figures were $865000.0 in Q2 2024, $7.1 million in Q1 2024, and $7.9 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | - |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | -338,000.00 |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 15.78 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -263.94 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | - |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -54.47 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -2.98 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | -2.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 865,000.00 |
| Mar 31, 2024 | 7.06 Mn |
| Sep 30, 2023 | 7.90 Mn |
| Jun 30, 2023 | -3.38 Mn |
| Mar 31, 2023 | -23.67 Mn |
| Sep 30, 2022 | 33.15 Mn |
| Jun 30, 2022 | 14.31 Mn |
| Mar 31, 2022 | 4.61 Mn |
| Sep 30, 2021 | -5.75 Mn |
| Jun 30, 2021 | -1.74 Mn |
| Mar 31, 2021 | -6.10 Mn |
| Sep 30, 2020 | 15.77 Mn |
| Jun 30, 2020 | 11.57 Mn |
| Mar 31, 2020 | -16.61 Mn |
| Sep 30, 2019 | -17.02 Mn |
| Jun 30, 2019 | 773,000.00 |
| Mar 31, 2019 | -6.15 Mn |
| Sep 30, 2018 | -689,000.00 |
| Jun 30, 2018 | -2.48 Mn |
| Mar 31, 2018 | 584,000.00 |