NASDAQ$SEDG
SolarEdge Technologies · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Financial performance declined compared to the same quarter last year but increased sequentially, driven by growth in the U.S. residential market and record revenues from outside of Europe and the U.S.
SolarEdge Technologies announced its financial results for the fourth quarter and year ended December 31, 2020, with revenues of $358.1 million and non-GAAP EPS of $0.98.
- Revenues of $358.1 million
- Revenues from solar products of $327.1 million
- GAAP net income of $17.7 million
- 1.36 Gigawatts (AC) of inverters shipped
Headline financials
Revenue & EPS history
SolarEdge · Revenue · Quarterly
$358M
Forward guidance
The Company also provides guidance for the first quarter ending March 31, 2021 as follows:
Tailwinds
- Revenues to be within the range of $385 million to $405 million
- Non GAAP gross margin expected to be within the range of 34% to 36%
- Revenues from solar products to be within the range of $360 million to $375 million
- Non GAAP gross margin from sale of solar products expected to be within the range of 36% to 38%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
+3.5%
Avg return
Earnings day
+5.5%
Avg return
5 days after
+4.8%
Avg return
30 days after
58%
26 / 45 earnings
Positive
+31.2%
Q4 2019
Best reaction
-21.1%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +7.5% | -6.3% | +41.5% | |
| Q4 2025 | -5.5% | +6.1% | +39.3% | |
| Q3 2025 | +28.8% | +42.6% | -7.2% | |
| Q1 2025 | +10.9% | +53.6% | +37.3% | |
| Q4 2024 | +15.9% | +9.0% | +0.6% | |
| Q3 2024 | -21.1% | -27.5% | -32.3% | |
| Q2 2024 | -4.3% | -10.3% | -18.5% | |
| Q1 2024 | -10.3% | -11.1% | -21.2% | |
| Q4 2023 | -12.8% | -20.8% | -21.5% | |
| Q3 2023 | -4.2% | -5.5% | +8.6% | |
| Q2 2023 | -19.0% | -24.4% | -32.7% | |
| Q1 2023 | +6.7% | +10.6% | +10.4% | |
| Q4 2022 | +4.9% | +1.4% | +1.9% | |
| Q3 2022 | +14.9% | +31.9% | +41.9% | |
| Q2 2022 | -17.6% | -12.0% | -24.9% | |
| Q1 2022 | +4.9% | +0.6% | +8.8% | |
| Q4 2021 | +7.0% | +3.5% | +26.2% | |
| Q3 2021 | -2.2% | -4.7% | -11.7% | |
| Q2 2021 | +15.5% | +13.8% | +11.7% | |
| Q1 2021 | -17.1% | -16.4% | -6.1% | |
| Q4 2020 | +1.2% | -2.7% | -19.5% | |
| Q3 2020 | -19.9% | -7.8% | +6.1% | |
| Q2 2020 | +12.0% | +20.8% | +25.8% | |
| Q1 2020 | +1.7% | +14.0% | +37.5% | |
| Q4 2019 | +31.2% | +25.1% | -35.8% | |
| Q3 2019 | -4.0% | -2.6% | +0.8% | |
| Q2 2019 | +27.6% | +30.9% | +24.9% | |
| Q1 2019 | +20.8% | +19.0% | +23.8% | |
| Q4 2018 | -2.8% | -6.8% | -14.3% | |
| Q3 2018 | -2.5% | -2.9% | +0.5% | |
| Q2 2018 | -13.9% | -16.5% | -14.8% | |
| Q1 2018 | +15.5% | +22.1% | -4.0% | |
| Q4 2017 | +27.4% | +27.8% | +51.3% | |
| Q3 2017 | +19.6% | +15.6% | +11.1% | |
| Q2 2017 | +18.5% | +21.7% | +15.9% | |
| Q1 2017 | +9.7% | +10.0% | +20.2% | |
| Q4 2016 | -5.2% | +3.1% | -2.5% | |
| Q3 2016 | -14.0% | — | — | |
| Q2 2016 | +10.6% | — | — | |
| Q1 2016 | +16.9% | — | — | |
| Q4 2013 | -10.6% | — | — | |
| Q4 2015 | -2.6% | — | — | |
| Q3 2014 | +0.0% | — | — | |
| Q4 2014 | +0.0% | — | — | |
| Q3 2015 | +19.2% | — | — | |
| Q3 2013 | — | — | — |
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