SOLAREDGE TECHNOLOGIES, INC. Fair Value Disclosure
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Fair value measurements as of
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Description
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Fair Value
Hierarchy
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December 31,
2025
|
December 31,
2024
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Assets:
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Cash, cash equivalents and restricted cash:
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|
Cash
|
Level 1
|
$
|
312,539
|
$
|
239,020
|
|||||
|
Money market mutual funds
|
Level 1
|
$
|
8,315
|
$
|
21,075
|
|||||
|
Deposits
|
Level 1
|
$
|
134,221
|
$
|
14,516
|
|||||
|
Restricted cash
|
Level 1
|
$
|
84,771
|
$
|
135,328
|
|||||
|
Derivative instruments
|
Level 2
|
$
|
705
|
$
|
1,262
|
|||||
|
Short-term marketable securities:
|
||||||||||
|
Corporate bonds
|
Level 2
|
$
|
36,601
|
$
|
289,856
|
|||||
|
U.S. Treasury securities
|
Level 2
|
$
|
-
|
$
|
12,594
|
|||||
|
U.S. Government agency securities
|
Level 2
|
$
|
1,496
|
$
|
8,829
|
|||||
|
Long-term marketable securities:
|
||||||||||
|
Corporate bonds
|
Level 2
|
$
|
-
|
$
|
36,241
|
|||||
|
U.S. Government agency securities
|
Level 2
|
$
|
-
|
$
|
6,356
|
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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 | |
| 2018 | Feb 28, 2019 | |
| 2017 | Feb 20, 2018 | |
| 2016 | Aug 17, 2016 | |
About Fair Value Disclosures
Fair value disclosures classify all assets and liabilities measured at fair value into a three-level hierarchy: Level 1 (quoted market prices), Level 2 (observable inputs like yield curves), and Level 3 (unobservable inputs requiring management estimates). The proportion of Level 3 assets directly reflects how much of the balance sheet depends on internal models rather than market evidence.
Key signals: a growing Level 3 balance relative to total fair-value assets increases valuation uncertainty and earnings volatility risk. Watch for transfers between levels — assets moving from Level 2 to Level 3 often signal deteriorating market liquidity. Unrealized gains and losses on Level 3 positions flow through earnings or other comprehensive income, so large swings deserve scrutiny. For financial institutions, examine the sensitivity disclosures that show how Level 3 valuations change under alternative assumptions. Compare the fair value of debt against its carrying amount to gauge hidden leverage.