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
DateValue
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