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SolarEdge’s Q1 Net Income Quadruples on Diversified Offerings and Markets

The company recorded a revenue of $943.9 million, an increase of 44%

May 4, 2023

/ Gautamee Hazarika
/ Markets & Policy, Solar
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SolarEdge, an Israel-based solar inverters manufacturer, posted a net income of $138.4 million during the first quarter (Q1) of the financial year (FY) 2023, a spike of 318% YoY.

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Gautamee Hazarika

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Financial ResultsIncomeOperating ExpenseRevenueSolarEdge
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