SolarEdge’s Q2 Net Income Soars by 692% on Higher Solar Inverter Shipments

The company recorded revenue of $991.3 million, indicating a YoY increase of 36%

August 2, 2023

/ Inverters & BOS, Markets & Policy, Solar

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SolarEdge, an Israel-based solar inverter manufacturer, has posted a net income of $119.5 million during the second quarter (Q2) in 2023, a year-over-year (YoY) growth of 692% from $15.1 million.

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Gautamee Hazarika

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SolarEdge’s Q2 Net Income Soars by 692% on Higher Solar Inverter Shipments

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