0001178913-21-001589 | 10-Q | XBRL Viewer | Solaredge Technologies INC

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2021	May 01, 2021
Document and Entity Information [Abstract]
Entity Central Index Key	0001419612
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Amendment Flag	false
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2021
Entity File Number	001-36894
Entity Registrant Name	SOLAREDGE TECHNOLOGIES, INC.
Entity Incorporation, State or Country Code	DE
Entity Interactive Data Current	Yes
Entity Tax Identification Number	20-5338862
Entity Address, Country	IL
Entity Address, City or Town	Herziliya Pituach
Entity Address, Address Line One	1 HaMada Street
Entity Address, Postal Zip Code	4673335
City Area Code	972
Local Phone Number	(9) 957-6620
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Title of each class	Common stock, par value $0.0001 per share
Trading Symbol	SEDG
Name of Exchange on which Security is Registered	NASDAQ
Entity Common Stock, Shares Outstanding		51,976,195

Label	Element	Value
AFS - matures within one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedGains	$ 214,000
AFS - matures within one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedGains	6,000
AFS - matures within one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedGains	220,000
AFS - matures within one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedGains	509,000
AFS - matures within one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedGains	11,000
AFS - matures within one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedGains	520,000
AFS - matures after one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedGains	31,000
AFS - matures after one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedGains
AFS - matures after one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedGains	31,000
AFS - matures after one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedGains	65,000
AFS - matures after one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedGains
AFS - matures after one year, Gross unrealized gains	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedGains	65,000
AFS - matures after one year, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedLosses	(1,270,000)
AFS - matures after one year, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedLosses	(51,000)
AFS - matures after one year, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedLosses	(1,321,000)
AFS - matures after one year, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedLosses	(214,000)
AFS - matures after one year, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedLosses	(13,000)
AFS - matures after one year, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedLosses	(227,000)
Deferred tax liabilities, net	sedg_DeferredTaxLiabilitiesLongTerm
Deferred tax liabilities, net	sedg_DeferredTaxLiabilitiesLongTerm	8,593,000
DeferredTaxes	sedg_DeferredTaxes
DeferredTaxes	sedg_DeferredTaxes	$ 11,368,000
Shares used in computing net earnings per share of common stock, basic	sedg_WeightedAverageNumberOfSharesOutstandingBasic1	51,726,998
Shares used in computing net earnings per share of common stock, basic	sedg_WeightedAverageNumberOfSharesOutstandingBasic1	49,193,240
Notes due 2025	sedg_NotesDueInterest	$ 534,000
Notes due 2025	sedg_NotesDueInterest
Aggregate limit per participant	sedg_EmployeeStockPurchasePlanAggregateLimitPerParticipant	10,000
Award Date One [Member]	sedg_AllOtherSegmentLoss	13,630,000
Award Date One [Member]	sedg_AllOtherSegmentLoss	9,323,000
AFS - matures within one yearr, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedLosses	(93,000)
AFS - matures within one yearr, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedLosses	(5,000)
AFS - matures within one yearr, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedLosses	(98,000)
AFS - matures within one yearr, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedLosses	(57,000)
AFS - matures within one yearr, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedLosses
AFS - matures within one yearr, Gross unrealized losses	sedg_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedLosses	(57,000)
Decrease in additional paid-in capital	sedg_DecreaseOfAdditionalPaidInCapitalAsu202006	36,336,000
Cumulative effect of adopting new accounting standard	sedg_CumulativeEffectOfAdoptingAsc606	(36,336,000)
Cumulative effect of adopting new accounting standard	sedg_CumulativeEffectOfAdoptingAsc606	2,884,000
Cumulative effect of adopting new accounting standard	sedg_CumulativeEffectOfAdoptingAsc606	(33,452,000)
Exchange rate fluctuations and other items, net	sedg_ExchangeRateFluctuationsNetAndOtherItems	13,303,000
Exchange rate fluctuations and other items, net	sedg_ExchangeRateFluctuationsNetAndOtherItems	(1,018,000)
Increase in convertible senior notes	sedg_IncreaseInConvertibleSeniorNotesAsu202006	45,282,000
Solar segment profit	sedg_SolarSegmentProfit	85,538,000
Solar segment profit	sedg_SolarSegmentProfit	87,970,000
Amount by which the if-converted value of the Notes exceeded the principal amount	sedg_AmountIfConvertedValueExceededPrincipalAmount	$ 179,794,000
NotesDue	sedg_NotesDue	2,276,818
NotesDue	sedg_NotesDue
SegmentsOperatingProfit	sedg_SegmentsOperatingProfit	$ 71,908,000
SegmentsOperatingProfit	sedg_SegmentsOperatingProfit	78,647,000
Amortization of premium and accretion of discount on available-for-sale marketable securities, net	sedg_MarketableSecuritiesAmortization	1,295,000
Amortization of premium and accretion of discount on available-for-sale marketable securities, net	sedg_MarketableSecuritiesAmortization	120,000
Increase (Decrease) in Product Warranty Accrual	sedg_IncreaseDecreaseInProductWarrantyAccrual	13,088,000
Increase (Decrease) in Product Warranty Accrual	sedg_IncreaseDecreaseInProductWarrantyAccrual	13,809,000
Decrease in deferred tax liabilities	sedg_DecreaseInDeferredTaxLiabilitiesAsu202006	11,830,000
Cost of products adjustments	sedg_CostOfProductsAdjustment
Cost of products adjustments	sedg_CostOfProductsAdjustment	(313,000)
2007 Plan, Transferred to 2015 Plan [Member]	sedg_OtherOperatingIncomes	(2,209,000)
2007 Plan, Transferred to 2015 Plan [Member]	sedg_OtherOperatingIncomes	4,900,000
WithdrawalFromBankDeposits	sedg_WithdrawalFromBankDeposits	(16,470,000)
WithdrawalFromBankDeposits	sedg_WithdrawalFromBankDeposits	3,316,000
Proceeds from exercise of stock-based awards net of tax withholding	sedg_ProceedsFromExerciseOfStockbasedAwardsNetOfTaxWithholdings	(1,716,000)
Proceeds from exercise of stock-based awards net of tax withholding	sedg_ProceedsFromExerciseOfStockbasedAwardsNetOfTaxWithholdings	3,308,000
Gain of financial expense net	sedg_GainLossOfFinancialExpensesNet	$ 3,536,000
Value in dispute	sedg_ValueInDispute	$ 5,500,000
Value in dispute	sedg_ValueInDispute	$ 6,455,000
Other unallocated expenses, net	sedg_OtherUnallocatedAmounts	(2,058,000)
Other unallocated expenses, net	sedg_OtherUnallocatedAmounts
Amount allocated to conversion option	sedg_AmountAllocatedToConversionOption
Amount allocated to conversion option	sedg_AmountAllocatedToConversionOption	48,834,000
Accured amount of legal claims	sedg_AccuredAmountOfLegalClaims	$ 9,265,000
Period of plan increase automatically number of shares	sedg_EmployeeStockPurchasePlanNumberOfSharesIncreased	487,643
Increase of retained earnings	sedg_IncreaseOfRetainedEarningsAsu202006	$ 2,884,000

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Cover Document and Entity Information Notes Details OTHER OPERATING EXPENSES (INCOME) (Schedule of Other Opearting Expenses) (Details) Uncategorized Uncategorized Items - sedg10qq1-2021_htm.xml All Reports