Slide 1: SolarEdge Technologies
SolarEdge Technologies Nasdaq l SEDG
Slide 2: Safe Harbor
Safe Harbor Use of Forward-Looking Statements and Non-GAAP Measures Statements contained in this presentation may contain forward-looking statements that are based on our management’s expectations, estimates, projections, beliefs and assumptions in accordance with information currently available to
Slide 3: Our vision and mission
Our vision Our mission is to create a world powered by clean, is to develop and scale renewable energy technologies that sustainable energy. improve the way we generate, manage, store and use electrical power in every aspect of our lives. 2MW, Kollund, Denmark Installed by Sveigaard
Slide 4: Global leader in smart energy production, storage and management
Global leader in smart energy 4.3M+ 134.3 M 57.4GW 5.9M monitored production, storage systems Power Optimizers shipped Systems shipped worldwide Inverters shipped and management Systems installed in Serving global, 145+ 3.8M+ 50%+ 72,000+ diverse markets countries Homes of Fortune-100 Companies1 Sol
Slide 5: Financial Results Q1/2025
$219.5M $(66.1)M GAAP Revenues Non-GAAP Net Income (loss)* Financial Results $33.8M 8.0% Q1/2025 Cash provided by operating activities GAAP Gross Margin $(98.5)M $113.2M Cash, Deposits and GAAP Net Income (loss) Investments, Net of Debt * Non-GAAP financial measures; see definition and reconciliatio
Slide 6: Renewable energy transformation
Renewable energy transformation 13MW Wu Shan Tou Reservoir, Tainan City, Taiwan Installed by Star Energy Electrification Decarbonization Digitalization Decentralization Transformation Exponential increase in Renewables set to replace Software controlled and Transition from centralized energy demand
Slide 7: Rapidly growing worldwide demand for electricity
Rapidly growing worldwide demand for electricity Electrification Global Energy Consumption 180 +1.7B 80% 160 Global population Urbanization increase 140 (+22%)* 2022-2050 from 55%* 120 Exajoules 100 86% 10x 80 60 Electric Vehicle Penetration Heat Pumps Installed, from 1% to 86% from 180 to 1800 mill
Slide 8: Renewables set to be the dominant electricity source
Renewables set to be the dominant electricity source Decarbonization Global Electricity Capacity Individuals 30,000 Growing demand for electrification and drive for energy independence. 25,000 20,000 Corporations GW 15,000 Decarbonization commitments in most industries driven by ESG standards. 10,00
Slide 9: Digitalization
Digitalization Digitalization Utilities, companies and governments are increasingly scaling digital technologies as a way to create long term value. Power sector digitalization by technology Robotics, drones, +68% Cloud, edge, fog automation, 6% computing, 6% Increase in energy sector investment tec
Slide 10: The distributed energy transformation
The distributed energy transformation Decentralization In the decentralized energy network, every node can be an energy producer, consumer and storage site.
Slide 11: Our products and solutions
Our products and solutions
Slide 12: Residential solutions
32kW BIPV; Architects House, Colombier, Switzerland Installed by Freesuns Residential solutions Residential Countries Residential sites Installers World leader in smart energy solutions for the home As of Q12025
Slide 13: The smart energy ecosystem that maximizes energy efficiency and savings
SolarEdge ONE The smart energy ecosystem that maximizes energy efficiency and savings SolarEdge Home Network Power Optimizers & SolarEdge Power Optimizers SolarEdge Smart Modules Smart Modules SolarEdge Go mySolarEdge Inverters and Batteries SolarEdge Home SolarEdge Home Hub Inverters SolarEdge Home
Slide 14: SolarEdge ONE
SolarEdge ONE STEP 1 Data gathering STEP 2 Energy optimization STEP 3 Executes decisions EXTERNAL data sources Energy Optimization INTERNAL Algorithms analyze data, data sources generate 24-hour energy forecast and translate into real-time energy decisions Home / Business Owner preferences
Slide 15: The SolarEdge Installer Software Suite
The SolarEdge Installer Software Suite SolarEdge Proposal SolarEdge Designer SolarEdge Go SolarEdge Monitoring mySolarEdge SolarEdge Referral -beta Monitor & Control Sell Design Install Upsell Operate (Homeowner) Not all software solutions are available in all regions.
Slide 16: Commercial solutions
400kWp carport and 768kWp on roof Evolv 1, Waterloo, Canada Installed by VCT Group Commercial solutions Commercial Commercial of Fortune-100 sites Companies* Installers** World leader in smart energy solutions for commercial applications As of Q1 2025 *Over 50% of Fortune-100 companies have SolarEdg
Slide 17: Commercial solutions
Commercial solutions Logistics Multi Industrial Centers/ Public Dwelling Retail Carports Rooftops/ Warehouses Buildings Units Factories (MDUs) 3.5MW, Mercedes-Benz, Turkey 740kW IKEA Kaoshiung City, Taiwan 4.4MW Ombrieres Stade, France 450kW DHL Warehouse, Israel 480kW, Edison High School, USA 89kW,
Slide 18: Optimized Energy Ecosystem for C&I Rooftops
Optimized Energy Ecosystem for C&I Rooftops Designed for a variety of Commercial and Industrial applications* SolarEdge SolarEdge ONE SolarEdge ONE Controller - NEW ONE for C&I Power Optimizers SolarEdge Power Optimizers EV Chargers SolarEdge ONE EV Charger - NEW SolarEdge Three Phase SolarEdge Inve
Slide 19: Optimized utility solutions
6.2MW, Hartford Pike, Rhode Island, USA Installed by Sunlight General Optimized utility solutions Ground Mount and Dual Use
Slide 20: Optimized Utility solutions
Optimized Utility solutions Ground- Floating Community Agri-PV Grazing Mount PV Solar 6.6 MW Ground Mount, Windach, 17MW Fishpond, Linbian Township, Taiwan 908 kWp Agri-PV Chiayi County, Taiwan 170kW Animal Farm, Cook Campus, USA 7.9MW Community Solar, RI, USA Germany Installed by Feneco Installed b
Slide 21: SolarEdge ONE for Optimized Utility
SolarEdge ONE for Optimized Utility Ground Mount and Dual Use SolarEdge SolarEdge ONE for Optimized Utility SolarEdge ONE Controller ONE Coming soon Power SolarEdge H1300 Optimizers Power Optimizers SolarEdge TerraMax Inverters Inverter SolarGik Trackers Smart PV Trackers
Slide 22: The SolarEdge installer experience
The SolarEdge installer experience Installer Products Full suite of Learning Service and onboarding designed for installer services support installability software tools Over 72,000 Less than 15 mins 261,600 Over 610,000 Less than 2:18 min installers in the for PV-only projects completed on courses
Slide 23: Financial update
Financial update 5MW Floating PV, Mitzpe Ramon, Israel Installed by EnerT
Slide 24: Revenues growth by segment
Revenues growth by segment Solar All other* -46.2% CAGR 3,109.7 2,975.7 188.5 160.2 2,921.2 2,815.5 265.2 900.5 235.2 204.2 23.9 196.0 212.1 58.0 13.1 14.1 6.9 842.4 241.2 222.0 190.1 189.0 2022 2023 2024 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 USD millions * All other refers to energy storage and automation
Slide 25: Consolidated Gross Margin
Consolidated* Gross Margin 27.2% 23.6% GAAP 8.0% (12.8%) (4.1%) (57.2%) (97.3%) (309.1%) Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 2022 2023 2024 Non-GAAP ** 28.2% 26.7% 0.2% 7.8% (6.5%) (39.5%) (89.7%) (305.0%) Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 2022 2023 2024 * For purposes of this presentation, “consolidated” ref
Slide 26: Consolidated Operating Expenses as % of Revenues
Consolidated* Operating Expenses as % of Revenues GAAP 92.2% 162.7% 72.2% 77.2% 56.2% 54.8% 21.8% 22.3% 2022 2023 2024 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Non-GAAP ** 53.5% 54.5% 49.7% 49.4% 43.3% 42.0% 14.0% 16.9% 2022 2023 2024 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 * For purposes of this presentation, “consolid
Slide 27: Consolidated Operating Income (loss)
Consolidated* Operating Income (loss) GAAP 166.1 40.2 (173.7) (160.2) (102.7) (263.7) (1,708.3) (1,110.7) 2022 2023 2024 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 441.7 Non-GAAP ** 290.0 (122.5) (114.3) (72.4) (184.1) (1,254.5) (833.6) 2022 2023 2024 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 USD millions * For purposes of
Slide 28: Consolidated Net Income (loss)
Consolidated* Net Income (loss) GAAP 93.8 34.3 (157.3) (130.8) (98.5) (287.4) (1,806.4) (1,230.8) 2022 2023 2024 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Non-GAAP ** 351.2 248.4 (108.6) (101.2) (66.1) (202.5) (1,312.1) (899.8) 2022 2023 2024 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 USD millions * For purposes of this pre
Slide 29: Appendix
Appendix 12kW, Treetop, UK Installed by WeRSolar
Slide 30: Reconciliation of GAAP to Non-GAAP
Reconciliation of GAAP to Non-GAAP
Slide 31: Reconciliation of GAAP to Non-GAAP
Reconciliation of GAAP to Non-GAAP
Slide 32: Reconciliation of GAAP to Non-GAAP
Reconciliation of GAAP to Non-GAAP
Slide 33: Reconciliation of GAAP to Non-GAAP
Reconciliation of GAAP to Non-GAAP
Slide 34: Reconciliation of GAAP to Non-GAAP
Reconciliation of GAAP to Non-GAAP
Slide 35: Reconciliation of GAAP to Non-GAAP
Reconciliation of GAAP to Non-GAAP
Slide 36: Reconciliation of GAAP to Non-GAAP
Reconciliation of GAAP to Non-GAAP
Slide 37: Reconciliation of GAAP to Non-GAAP
Reconciliation of GAAP to Non-GAAP
Slide 38: Thank you
Thank you 6.6 MW ground mount, Windach, Germany Installed by Feneco