SOLAREDGE TECHNOLOGIES, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-405.4M | $-1.81B | $34.3M | $441.7M | $169.2M | $140.3M | $146.5M | $128.8M |
| Depreciation & Amortization | $30.5M | $59.9M | $57.2M | $49.7M | $39.5M | — | $17.3M | $11.4M |
| Depreciation | $27.7M | $52.0M | $49.5M | $40.6M | $29.4M | $22.4M | $17.3M | $11.4M |
| Amortization | $2.9M | $7.9M | $7.7M | $9.1M | $10.2M | $9.5M | $9.6M | $1.2M |
| Stock-Based Compensation | $92.5M | $137.3M | $149.9M | $145.5M | $102.6M | $67.3M | $60.4M | $30.6M |
| Net Cash from Operating Activities | $104.3M | $-313.3M | $-180.1M | $31.3M | $214.1M | $222.7M | $259.0M | $189.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $23.5M | $108.2M | $170.5M | $169.3M | $149.3M | $126.8M | $72.6M | $38.6M |
| Business Acquisitions | $0 | $10.4M | $16.7M | $0 | $0 | $0 | $38.4M | $94.7M |
| Net Cash from Investing Activities | $379.9M | $416.3M | $-268.9M | $-417.0M | $-484.2M | $-236.6M | $-152.9M | $-156.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $50.2M | $0 | $0 | — | — | — | — |
| Net Cash from Financing Activities | $-348.9M | $-20.1M | $-12.0M | $654.6M | $-15.2M | $640.5M | $-73.0M | $-8.0M |
| Net Change in Cash | $129.9M | $71.5M | $-444.6M | $253.0M | — | — | — | — |
| Free Cash Flow | $80.8M | $-421.5M | $-350.6M | $-138.1M | $64.9M | $95.9M | $186.4M | $150.5M |