Forensic Analysis · Semiconductors · as of Sep 25, 2026
Solaredge Technologies, Inc. (SEDG)
A forensic read on Solaredge Technologies, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Distress
Financial health
0.0
Distress distance
Clean
Earnings quality
6
Forensic signals
-94.8%
ROE
31.4%
Revenue growth
The financial-health reading above compares this company's equity at BOOK value, not at what the market currently pays for it — this free snapshot doesn't pull live market data. Treat it as a rough read, not the final word.
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern, valuation). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Solaredge Technologies, Inc. earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads -0.0, placing it in the Distress zone (based on book value, not market value, since this free snapshot doesn't pull live market data — treat this zone as a rough read, not the final word). 6 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-25.8%
FY2025
Return on invested capital.Return on invested capital is -25.8% in the latest fiscal year, against 0.8% in FY2023, having run between -102.7% and 0.8% across FY2023–FY2025 with no direction held. After-tax operating profit was $26M in FY2023 and ($238M) in FY2025, with operating income at 1.4% of revenue in FY2023, -189.5% in FY2024 and -25.5% in FY2025. The capital base behind it came down -72% across FY2023–FY2025, from $3.4B to $924M, so this is a return struck on a smaller base rather than a record of money put to work.
+1.5%/yr
FY2023–FY2025
Share-count dilution.Diluted share count changed +3% over the last 2 years to FY2025 (+1.5%/yr). The count is growing: more stock was issued than repurchased over this window, so aggregate results grew faster than their per-share equivalents. That's ~1.5% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2023 has been diluted ~3%.
stopped
FY2024→FY2025
Shareholder returns — halted.Capital returns have STOPPED — $50M of buybacks + dividends in FY2024, but ~$0 in FY2025. A halt usually means the company is conserving cash.
82d DSO
FY2024→FY2025
Receivables vs revenue.Days sales outstanding moved from 65 to 82 days FY2024→FY2025 (receivables +67% vs revenue +31%). Receivables are creeping up relative to sales. Across FY2023–FY2025 the day count ran 76 → 65 → 82 days, so the latest reading sits on top of a record that was flat or falling before it — one year's move, not a direction the business has been travelling in. Deferred revenue was roughly flat (-50%) over the same period, which doesn't corroborate a benign upfront-billing explanation for the receivables build. Both figures are measured on period-end balances rather than the beginning-plus-ending average, because averaging needs the balance a year before every reading — FY2024's opening balance is on file, but across the 3 fiscal years read here (FY2023–FY2025) the average yields only 2 day counts (1 step), too few to tell a climb from one year's move.
Key fundamentals
Latest Revenue$1.18B
Revenue Growth YoY+31.4%
Revenue CAGR (2yr)-36.9%
Net Margin-34.2%
Free Cash Flow$80.8M
Return on Equity-94.8%
Debt / Equity0.78x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Solaredge Technologies, Inc.'s actual 10-K/10-Q/8-K filings?
Data from SEC EDGAR public filings · metrics as of Sep 25, 2026. Forensic signals flag probability, not certainty.
Solaredge Technologies, Inc. (SEDG) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
221d
FY2024→FY2025
Inventory days.Days inventory outstanding moved from 214 to 221 FY2024→FY2025 (against cost of goods sold; inventory -14% vs -44% in cost of sales). Inventory is building a little faster than sales — watch for markdowns.
$2M
FY2024–FY2024
Goodwill impairments.Took $2M of goodwill writedowns across 1 year (FY2024 ($2M)). Writedowns mean past acquisitions underperformed what was paid for them.