UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ☒ ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission File Number: 001-36894 SOLAREDGE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 20-5338862 (St ...

Third Quarter 2023 Earnings Summary Safe Harbor Use of Forward-Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include information, among other things, concerning: our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; technology developments; financing and investment plans; dividend policy; ...

财务数据和关键指标变化 - 第三季度总收入为7.253亿美元,较上一季度下降27%,较去年同期下降13% [50] - 太阳能业务收入为6.764亿美元,较上一季度下降29%,较去年同期下降14% [21] - 非太阳能业务收入为4,870万美元,较上一季度增加 [57] - 第三季度出货量为330万个功率优化器和27.4万台逆变器 [22] - 第三季度出货121兆瓦时的住宅电池,较上一季度的269兆瓦时下降 [22] 各条业务线数据和关键指标变化 - 欧洲市场第三季度收入下降39%,但较去年同期增长12%,占公司太阳能收入的62% [51] - 美国市场第三季度收入与上一季度持平,较去年同期下降22%,占公司太阳能收入的29% [51] - 其他地区第三季度收入较上一季度下降3%,与去年同期持平,占公司太阳能收入的9% [52] - 第三季度商业产品出货占总出货量的66%,创历史新高 [54] 各个市场数据和关键指标变化 - 德国市场第三季度出货量同比增长44%,环比下降37% [26] - 瑞士和奥地利市场第三季度出货量同比增长213%,环比增长42% [27] - 荷兰市场第三季度出货量同比增长4%,环比下降25% [30][31] - 意大利市场第三季度住宅产品出货量同比下降48%,商业产品出货量同比增长216% [32][33] - 美国市场第三季度住宅产品出货量环比下降13%,商业产品出货量环比增长8%,电池出货量环比增长31% [35][36] 公司战略和发展方向及行业竞争 - 公司正在采取措施调整成本结构,包括停止墨西哥的制造,减少中国的产能,同时在美国工厂增加产能 [40][41] - 公司决定终止轻型商用车电动出行业务,将专注于核心太阳能业务 [41] - 公司最近推出330千瓦逆变器,针对社区太阳能和农业光伏应用 [42] - 公司董事会批准了最高300亿美元的股票回购计划,反映了对公司未来增长的信心 [43] - 公司认为即使在当前库存调整期,公司的产品需求仍高于第四季度预期收入,并有望在未来一年内实现更快于行业的增长 [45][46] 管理层对经营环境和未来前景的评论 - 2022年下半年出现前所未有的需求激增,导致公司产品积压大量订单 [16][17] - 2023年初需求继续增长,但第三季度开始市场需求放缓,分销商出现财务困难 [19][24] - 公司预计未来2-3个季度内可逐步消化库存,实现收入和利润的正常水平 [38][39] - 公司认为即使在当前库存调整期,公司的产品需求仍高于第四季度预期收入,并有望在未来一年内实现更快于行业的增长 [45][46] 问答环节重要的提问和回答 问题1 **Philip Shen 提问** 询问公司第四季度300-350百万美元的收入指引以及后续几个季度的收入和毛利预期 [78][79] **Ronen Faier 回答** 公司预计第四季度收入300-350百万美元,毛利率5-8%。后续几个季度收入将逐步恢复至600-700百万美元的正常水平,毛利率也将逐步提升至30-32%左右 [79][80] 问题2 **Julien Dumoulin-Smith 提问** 询问公司如何从6月份的销售高点到第三季度的大幅下滑,以及公司从中吸取的教训 [113][114] **Ronen Faier 回答** 公司一直密切监控出货量、经销商销售数据和库存水平,直到9月下旬才发现需求大幅下滑。公司将加强对经销商和安装商库存水平的可见性,以便更好地预测需求变化 [114][116] 问题3 **Jeff Osborne 提问** 询问公司对未来价格走势的预期,是否会出现行业价格战 [118][119] **Ronen Faier 回答** 公司预计未来可能需要调整一些产品价格,尤其是电池产品。但公司目前没有计划在第四季度调整逆变器价格,因为当前市场需求低迷,降价不会带来明显的需求增长 [119]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission File Number: 001-36894 SOLAREDGE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 20-5338862 (State o ...

Second Quarter 2023 Earnings Summary August 1st , 2023 External Safe Harbor Use of Forward-Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include information, among other things, concerning: our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; technology developments; financing and investm ...

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Q2 2023 Results Earnings Conference Call August 2, 2023 4:30 PM ET Company Participants J.B. Lowe - Head of Investor Relations Zvi Lando - Chief Executive Officer Ronen Faier - Chief Financial Officer Conference Call Participants Mark Strouse - J.P. Morgan Securities LLC Brian Lee - Goldman Sachs & Co. LLC Colin Rusch - Oppenheimer & Co. Inc. Philip Shen - ROTH MKM Andrew Percoco - Morgan Stanley & Co. LLC Jordan Levy - Truist Securities Corinne Blanchard - Deutsch ...

External SolarEdge Technologies Nasdaq l SEDG solar adge External Safe Harbor Use of Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward looking statements include information, among other things, our business, results of operations, financial condition and liquidity; our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; techno ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission File Number: 001-36894 SOLAREDGE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 20-5338862 (State ...

SolarEdge Technologies, Inc. (NASDAQ:SEDG) Q1 2023 Earnings Conference Call May 2, 2023 4:30 PM ET Company Participants Erica Mannion - Sapphire Investor Relations Zvi Lando - CEO Ronen Faier - CFO Conference Call Participants Brian Lee - Goldman Sachs & Co. LLC Colin Rusch - Oppenheimer & Co. Inc. Philip Shen - ROTH Capital Markets Mark Strouse - JPMorgan Michael Blum - Wells Fargo Securities Corinne Blanchard - Deutsche Bank Morgan Reid - Bank of America Kashy Harrison - Piper Sandler & Co. Dave Benjamin ...

External SolarEdge Technologies Nasdaq l SEDG solar adge External Safe Harbor Use of Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward looking statements include information, among other things, our business, results of operations, financial condition and liquidity; our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; techno ...