SOLAREDGE TECHNOLOGIES, INC. Earnings Per Share Disclosure
|
Year ended December 31,
|
||||||||||||
|
2025
|
2024
|
2023
|
||||||||||
|
Basic EPS:
|
||||||||||||
|
Numerator:
|
||||||||||||
|
Net income (loss)
|
$
|
(405,448
|
)
|
$
|
(1,806,357
|
)
|
$
|
34,329
|
||||
|
Denominator:
|
||||||||||||
|
Shares used in computing net earnings (loss) per share of common stock, basic
|
58,954,380
|
57,082,182
|
56,557,106
|
|||||||||
|
Diluted EPS:
|
||||||||||||
|
Numerator:
|
||||||||||||
|
Net income (loss) attributable to common stock, diluted
|
$
|
(405,448
|
)
|
$
|
(1,806,357
|
)
|
$
|
34,329
|
||||
|
Denominator:
|
||||||||||||
|
Shares used in computing net earnings (loss) per share of common stock, basic
|
58,954,380
|
57,082,182
|
56,557,106
|
|||||||||
|
Effect of stock-based awards
|
-
|
-
|
680,412
|
|||||||||
|
Shares used in computing net earnings (loss) per share of common stock, diluted
|
58,954,380
|
57,082,182
|
57,237,518
|
|||||||||
|
Earnings (loss) per share:
|
||||||||||||
|
Basic
|
$
|
(6.88
|
)
|
$
|
(31.64
|
)
|
$
|
0.61
|
||||
|
Diluted
|
$
|
(6.88
|
)
|
$
|
(31.64
|
)
|
$
|
0.60
|
||||
|
Year ended December 31,
|
||||||||||||
|
2025
|
2024
|
2023
|
||||||||||
|
Stock-based awards
|
1,501,640
|
2,203,364
|
666,217
|
|||||||||
|
Notes 2025
|
878,174
|
2,056,978
|
2,276,818
|
|||||||||
|
Notes 20291
|
9,819,347
|
2,521,310
|
-
|
|||||||||
|
Total shares excluded
|
12,199,161
|
6,781,652
|
2,943,035
|
|||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 25, 2026 | Showing above |
| 2023 | Feb 26, 2024 | |
| 2021 | Feb 22, 2022 | |
| 2020 | Feb 19, 2021 | |
| 2019 | Feb 27, 2020 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.