SMA Solar Technology AG S92.DE
Quarterly and annual results for SMA Solar Technology stock (S92.DE) since 2023: revenue, earnings, balance sheet, cash flow and management guidance from IR documents, every figure with its source. As of 08/2026, quarterly reporting. Latest reported (Q2 2026): Shareholders' equity as of June 30, 2026, Gross cash flow. Latest reading: Net income turned positive, Order intake, Margin expanding, Guidance raised.
Net income turned positive Order intake Margin expanding Guidance raised
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Business Model#
What the company does and how it earns its money; written AI-editorially, exclusively from the company's original reports, without any assessment of our own.
SMA Solar Technology AG develops, manufactures, and sells solar inverters, energy storage systems, and energy management solutions for residential, commercial, and utility-scale applications. The company operates through two main divisions: Home & Business Solutions, which serves private households and small to mid-size commercial customers with products including string inverters, battery storage systems, and energy management systems; and Large Scale & Project Solutions, which addresses utility-scale solar farms and large commercial PV installations globally. Revenue is derived primarily from hardware product sales of inverters and storage systems, complemented by project-related and service revenues.
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Current Status#
Summary of the most recent reporting period: core figures, drivers and management statements; written editorially from the current original report, every figure backed by a source number.
SMA Solar Technology AG reported second-quarter 2026 revenue of 345.7 million, net income of 74.4 million, and diluted earnings per share of 2.14 116. Free cash flow reached 96.1 million in the quarter 116. The company raised its full-year 2026 guidance across sales and profitability metrics, and the order backlog expanded materially during the first half of the year 14.
Management commentary on the 2026-Q1 results (IR-Quarter, 2026-05-13):
„With our global presence and our comprehensive product and solutions portfolio for both divisions (Home & Business Solutions and Large Scale & Project Solutions), we can benefit from the development of the global solar and storage markets.“ – SMA Solar Technology AG Managing Board 13
Revenue · 2026-Q2346€m−3.2 % vs. 2025-Q2
Net profit · 2026-Q274€m+255.3 % vs. 2025-Q2
EPS · 2026-Q22.14€
Revenue trend
Guidance
For FY2026, the company guides Revenue to 1,625 to 1,725 (raised); EBITDA to 180 to 230 (raised); EBIT to 130 to 180 (raised). 14.
ProfitabilityQuarter EBIT was 49.1 million; for the first half of 2026, EBITDA improved to €88.3 million from €9.1 million in H1 2025 14. Operating cash flow in the quarter was 104.4 million against capital expenditure of 8.3 million 116. H1 2026 gross margin reached 30.4%, compared with 18.2% in H1 2025 14.
LeverageThe company ended the second quarter with cash of 212.7 million and no outstanding interest-bearing debt, giving a net cash position of 212.7 million; net cash stood at 148.2 million at the end of the first quarter 116. The revolving credit facility was fully repaid by June 30, 2026, with no drawings outstanding compared with €70.0 million drawn in H1 2025 14. Newly negotiated financial covenants that had not been met at year-end 2025 were satisfied as of June 30, 2026 14.
Management viewFull-year 2026 guidance was raised, with the sales range increased to €1,625–€1,725 million from €1,608–€1,675 million, EBITDA guidance to €180–€230 million, and EBIT guidance to €130–€180 million 14. The order backlog increased to €1,754.4 million from €1,161.4 million, driven primarily by the Large Scale & Project Solutions division 14. Home & Business Solutions division sales rose 24.5% to €144.5 million in H1 2026, representing 21% of total H1 sales 14.
ChangeH1 2026 profitability included the reversal of €148.2 million in previously written-down Home & Business Solutions inventories and US customs duty refunds as material non-recurring items 14. The restructuring and transformation program launched in September 2024 continued in the quarter, with H1 2026 headcount at 3,653 compared with 3,878 in the prior-year period 14. Warrant valuations resulted in a negative earnings contribution of €0.7 million as of June 30, 2026, compared with a positive €0.6 million at year-end 2025 14.
Risks (current)SMA faces a €42.6 million contingent liability from the US government's appeal of the customs duty reimbursements that contributed to H1 2026 results, with the outcome of the appeal uncertain 14. Globally installed PV capacity in H1 2026 was significantly below the prior-year level; the Chinese commercial market was at approximately one-third of its prior-year volume, and private small-scale PV installations were also below prior year across multiple regions 14. Broader macro risk factors include elevated energy prices from the ongoing Middle East conflict dampening investment appetite, and Chinese government remuneration policy changes effective mid-2025 that are expected to significantly reduce future solar capacity additions 14.
New this reporting periodSMA launched the Sunny Tripower Hybrid X three-phase hybrid inverter in June 2026 and completed the SMA Backup solution for this platform in H1 2026, targeting the residential and small commercial segment 14. For commercial applications, the SMA Storage XL Package and the SMA Storage M modular storage system were completed in H1 2026 14. On the utility scale, development of the Sunny Central Storage UP-S battery inverter, the 40-foot Medium Voltage Power Station, and the SMA Large Scale Stability Enhanced DC-Coupled Hybrid Solution was completed in H1 2026 14.
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Price & Chart#
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Share-Price Drivers#
Factors the company itself names as material for its business development (IR-based); reproduced neutrally, no price forecast and no assessment of our own.
Return to profitability driven by recovering utility-scale and storage inverter demand
Operating results swung from sustained losses through 2025 to positive operating income of 49.1 and net income of 74.4 in 2026-Q2, 116
Operating results swung from sustained losses through 2025 to positive operating income of 49.1 and net income of 74.4 in 2026-Q2, 116
Large Scale & Project Solutions (utility-scale inverters and storage)
Largest revenue segment, supported by new large-scale offerings launched in H1 2026 including the SMA Large Scale Stability Enhanced DC-Coupled Hybrid Solution and the 40-foot Medium Voltage Power Station, 14
Largest revenue segment, supported by new large-scale offerings launched in H1 2026 including the SMA Large Scale Stability Enhanced DC-Coupled Hybrid Solution and the 40-foot Medium Voltage Power Station, 14
Battery storage product expansion
Multiple storage systems launched in H1 2026 (SMA Storage XL Package, SMA Storage M, Sunny Central Storage UP-S) with a planned transition to LFP cell technology, 14
Multiple storage systems launched in H1 2026 (SMA Storage XL Package, SMA Storage M, Sunny Central Storage UP-S) with a planned transition to LFP cell technology, 14
Home & Business Solutions (residential and commercial inverters)
Segment revenue higher year on year, with new products such as the Sunny Tripower Hybrid X launched in June 2026 and Sunny Boy Smart Energy hybrid inverters, 13
Segment revenue higher year on year, with new products such as the Sunny Tripower Hybrid X launched in June 2026 and Sunny Boy Smart Energy hybrid inverters, 13
GIGAWATT FACTORY capacity expansion at Niestetal/Kassel
Planned production capacity expansion from 21 GW to approximately 40 GW, with operational ramp-up from H2 2025, 3
Planned production capacity expansion from 21 GW to approximately 40 GW, with operational ramp-up from H2 2025, 3
Profitability and cash recovery
Free cash flow of 96.1 and operating cash flow of 104.4 in 2026-Q2 after negative free cash flow in prior quarters, 116
Free cash flow of 96.1 and operating cash flow of 104.4 in 2026-Q2 after negative free cash flow in prior quarters, 116
Sector trend: Segment KPIs point to recovering demand in utility-scale and storage inverters and improving margins, with operating results moving from the losses reported through 2025 toward positive results in 2026; residential and home demand is broadly stabilising after a weaker period, 116, 13
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Event Timeline#
This timeline collects the material events from the original reports: guidance changes, revenue and margin signals, strategy shifts, product and M&A announcements. Events are grouped by quarter (most recent first); the grey tag before each event names the event type, the date is the publication date of the source. Management quotes open the quarter block as direct quotes. Per quarter we show the three most defining events; more can be expanded per quarter, older years are collapsed. Every event carries its source as a superscript, clickable number.
Overview: one dot per event · click jumps to the period
2026 · 9 events
2026-Q2 · Apr – Jun 2026
Net income turned positive 2026-08-13
H1 2026 net income swung to profit of €72.8 million from a loss of €42.4 million in H1 2025, supported by customs duty refunds and prior-year inventory write-down reversals 14
H1 2026 net income swung to profit of €72.8 million from a loss of €42.4 million in H1 2025, supported by customs duty refunds and prior-year inventory write-down reversals 14
Margin expanding 2026-08-13
H1 2026 gross margin improved to 30.4% from 18.2% in H1 2025, driven by US customs duty refunds and reversal of prior-year inventory impairments totaling €148.2 million – improvement is not solely operational 14
H1 2026 gross margin improved to 30.4% from 18.2% in H1 2025, driven by US customs duty refunds and reversal of prior-year inventory impairments totaling €148.2 million – improvement is not solely operational 14
Guidance raised 2026-08-13
Full-year 2026 guidance raised: sales to €1,625–€1,725 million (from €1,608–€1,675 million), EBITDA to €180–€230 million, EBIT to €130–€180 million 14
Full-year 2026 guidance raised: sales to €1,625–€1,725 million (from €1,608–€1,675 million), EBITDA to €180–€230 million, EBIT to €130–€180 million 14
Order intake 2026-08-13
Order intake / order book: order backlog EUR 1,754.4m; order backlog 2025 EUR 1,161.4m 14
Order intake / order book: order backlog EUR 1,754.4m; order backlog 2025 EUR 1,161.4m 14
2026-Q1 · Jan – Mar 2026
„With our global presence and our comprehensive product and solutions portfolio for both divisions (Home & Business Solutions and Large Scale & Project Solutions), we can benefit from the development of the global solar and storage markets.“ – SMA Solar Technology AG Managing Board 13
earnings 2026-05-13
Net income fell to -1.6 million from €5.5 million in Q1 2025, primarily due to deferred tax expenses 13
Net income fell to -1.6 million from €5.5 million in Q1 2025, primarily due to deferred tax expenses 13
Revenue accelerating 2026-05-13
Revenue reached 340.9 million; inverter output sold rose 7.9% year-on-year to 4,448 MW, and the order backlog grew to €1,414.5 million from €1,293.9 million 13
Revenue reached 340.9 million; inverter output sold rose 7.9% year-on-year to 4,448 MW, and the order backlog grew to €1,414.5 million from €1,293.9 million 13
Guidance raised 2026-05-13
Management narrowed 2026 guidance to the upper third of prior ranges, citing improved market conditions and favorable USD exchange rates 13
Management narrowed 2026 guidance to the upper third of prior ranges, citing improved market conditions and favorable USD exchange rates 13
Operating income turned positive 2026-05-13
Operating income turned positive for the first time after 2 negative periods (-65.0 to +13.3 EURm). 115
Operating income turned positive for the first time after 2 negative periods (-65.0 to +13.3 EURm). 115
EBITDA turned positive 2026-05-13
EBITDA turned positive for the first time after 2 negative periods (-48.5 to +26.1 EURm). 115
EBITDA turned positive for the first time after 2 negative periods (-48.5 to +26.1 EURm). 115
2025 · 18 events
2025-Q4 · Oct – Dec 2025
„Despite a persistently difficult market environment, we were able to close the fiscal year solidly.“ – Dr.-Ing. Jürgen Reinert, Chief Executive Officer 12
earnings 2026-03-12
Full-year EBITDA turned negative at -€65.4 million; net income was -€181.1 million versus -€117.7 million in 2024, impacted by €122.6 million inventory impairments and scrappage, €40.2 million development project impairments, and €29.7 million machinery impairments in Home & Business Solutions (12)
Full-year EBITDA turned negative at -€65.4 million; net income was -€181.1 million versus -€117.7 million in 2024, impacted by €122.6 million inventory impairments and scrappage, €40.2 million development project impairments, and €29.7 million machinery impairments in Home & Business Solutions (12)
Revenue decelerating 2026-03-12
Home & Business Solutions sales declined 30.2% to €247.2 million due to weak demand and pricing pressure; Large Scale & Project Solutions grew 7.9% to €1,268.8 million, accounting for 83.7% of group sales; full-year group sales edged down 0.9% to €1,516.0 million (12)
Home & Business Solutions sales declined 30.2% to €247.2 million due to weak demand and pricing pressure; Large Scale & Project Solutions grew 7.9% to €1,268.8 million, accounting for 83.7% of group sales; full-year group sales edged down 0.9% to €1,516.0 million (12)
Strategic pivot 2026-03-12
Restructuring and transformation program targeting ~€150 million in annual cost savings by end of 2027 with €124 million achieved in 2025; Strategy 2030 development initiated; Global Competence Center established in India for software development; strategic partnership entered with Create Energy for U.S. contract manufacturing (12)
Restructuring and transformation program targeting ~€150 million in annual cost savings by end of 2027 with €124 million achieved in 2025; Strategy 2030 development initiated; Global Competence Center established in India for software development; strategic partnership entered with Create Energy for U.S. contract manufacturing (12)
2025-Q3 · Jul – Sep 2025
EBITDA turned negative 2025-11-03
Nine-month EBITDA fell to -€16.9 million from +€83.5 million in the prior-year period, reflecting €121.4 million inventory write-downs, €36.2 million impairment losses on development projects, and €29.2 million impairment on machinery concentrated in Home & Business Solutions (10)
Nine-month EBITDA fell to -€16.9 million from +€83.5 million in the prior-year period, reflecting €121.4 million inventory write-downs, €36.2 million impairment losses on development projects, and €29.2 million impairment on machinery concentrated in Home & Business Solutions (10)
Guidance cut 2025-11-03
FY2025 guidance revised downward on September 1, 2025: sales lowered to €1,450-€1,500 million (prior €1,500-€1,550 million) and EBITDA to -€80 to -€30 million (prior +€70-€80 million) due to continued weakness in Home & Business Solutions (10)
FY2025 guidance revised downward on September 1, 2025: sales lowered to €1,450-€1,500 million (prior €1,500-€1,550 million) and EBITDA to -€80 to -€30 million (prior +€70-€80 million) due to continued weakness in Home & Business Solutions (10)
Strategic pivot 2025-11-03
Restructuring program expanded with target to reduce annual costs by more than €100 million by end of 2027; additional 300 jobs in Germany and 50 abroad to be eliminated by end of 2026 (10)
Restructuring program expanded with target to reduce annual costs by more than €100 million by end of 2027; additional 300 jobs in Germany and 50 abroad to be eliminated by end of 2026 (10)
2025-Q2 · Apr – Jun 2025
Net income turned negative 2025-08-07
H1 net income turned to -€42.4 million from +€44.1 million in H1 2024, driven by €46.8 million inventory write-offs in Home & Business Solutions and reduced fixed cost degression on lower sales (11)
H1 net income turned to -€42.4 million from +€44.1 million in H1 2024, driven by €46.8 million inventory write-offs in Home & Business Solutions and reduced fixed cost degression on lower sales (11)
Guidance cut 2025-08-07
FY2025 guidance narrowed to the bottom third of the prior range: €1,500-€1,550 million sales and €70-€80 million EBITDA, citing macroeconomic deterioration and U.S. tariff uncertainties (11)
FY2025 guidance narrowed to the bottom third of the prior range: €1,500-€1,550 million sales and €70-€80 million EBITDA, citing macroeconomic deterioration and U.S. tariff uncertainties (11)
Strategic pivot 2025-08-07
Home Solutions and Commercial & Industrial Solutions segments merged into Home & Business Solutions division effective May 1, 2025, as part of company-wide restructuring; workforce reduced by 716 employees (15.6% decline) to 3,878 by June 30, 2025 (11)
Home Solutions and Commercial & Industrial Solutions segments merged into Home & Business Solutions division effective May 1, 2025, as part of company-wide restructuring; workforce reduced by 716 employees (15.6% decline) to 3,878 by June 30, 2025 (11)
2025-Q1 · Jan – Mar 2025
Operating income turned positive 2025-06-30
Operating income turned positive for the first time after 2 negative periods (-139.1 to +11.4 EURm). 115
Operating income turned positive for the first time after 2 negative periods (-139.1 to +11.4 EURm). 115
Net income turned positive 2025-06-30
Net income turned positive for the first time after 2 negative periods (-152.4 to +5.5 EURm). 115
Net income turned positive for the first time after 2 negative periods (-152.4 to +5.5 EURm). 115
Operating income halved 2025-06-30
Operating income more than halved YoY (38.2 to 11.4 EURm, -70%). 115
Operating income more than halved YoY (38.2 to 11.4 EURm, -70%). 115
Net cash build 2025-06-30
Net cash position expanded to 176.4 EURm from 84.2 EURm in 2024-Q3 (+110%, derived from reported financial debt minus cash). 115
Net cash position expanded to 176.4 EURm from 84.2 EURm in 2024-Q3 (+110%, derived from reported financial debt minus cash). 115
Revenue decelerating 2025-04-30
Q1 sales fell 9.4% YoY to €327.7 million on weak demand in Home Solutions and Commercial & Industrial Solutions segments, partially offset by Large Scale & Project Solutions growth of 22.2% to €279.5 million (9)
Q1 sales fell 9.4% YoY to €327.7 million on weak demand in Home Solutions and Commercial & Industrial Solutions segments, partially offset by Large Scale & Project Solutions growth of 22.2% to €279.5 million (9)
Guidance initiated 2025-04-30
FY2025 guidance set at €1,500-€1,650 million sales and €70-€110 million EBITDA, with management noting results expected in the lower third of the range due to macroeconomic deterioration (9)
FY2025 guidance set at €1,500-€1,650 million sales and €70-€110 million EBITDA, with management noting results expected in the lower third of the range due to macroeconomic deterioration (9)
Segment divergence 2025-04-30
Large Scale & Project Solutions revenue grew +22.2% to 279.5 EURm in 2025-Q1 (85% of group revenue) while group revenue changed -9.4%. 9
Large Scale & Project Solutions revenue grew +22.2% to 279.5 EURm in 2025-Q1 (85% of group revenue) while group revenue changed -9.4%. 9
2024 · 23 events
2024-Q4 · Oct – Dec 2024
„We now have to take decisive countermeasures to continue on our growth trajectory“ – Dr.-Ing. Jürgen Reinert, Chief Executive Officer 8
Operating cash flow turned positive 2025-11-03
Operating cash flow turned positive on a half-year basis (2024-H1: -173.5 to 2024-H2: +48.7 EURm, aggregated from reported quarters where needed). 114
Operating cash flow turned positive on a half-year basis (2024-H1: -173.5 to 2024-H2: +48.7 EURm, aggregated from reported quarters where needed). 114
EBITDA turned negative 2025-03-13
FY2024 EBITDA fell to -€16.0M (margin: -1.0%) from €311.0M (16.3%), with Q4 alone recording an operating loss of -€139.1M; charges included €113.4M inventory impairments and €33.4M restructuring provisions recognized in December 2024 8
FY2024 EBITDA fell to -€16.0M (margin: -1.0%) from €311.0M (16.3%), with Q4 alone recording an operating loss of -€139.1M; charges included €113.4M inventory impairments and €33.4M restructuring provisions recognized in December 2024 8
Net cash to net debt 2025-03-13
Year-end net position shifted to net debt of €0.4M (cash €195.8M vs. gross financial liabilities of €196.2M) from net cash of €283.3M at end-2023, following €145M credit line drawdown and FY operating cash outflow of -€112.8M 8
Year-end net position shifted to net debt of €0.4M (cash €195.8M vs. gross financial liabilities of €196.2M) from net cash of €283.3M at end-2023, following €145M credit line drawdown and FY operating cash outflow of -€112.8M 8
Strategic pivot 2025-03-13
Restructuring program announced merger of Home Solutions and Commercial & Industrial Solutions into new Home & Business Solutions division planned for H1 2025; restructuring provisions of €33.4M recognized in December 2024 8
Restructuring program announced merger of Home Solutions and Commercial & Industrial Solutions into new Home & Business Solutions division planned for H1 2025; restructuring provisions of €33.4M recognized in December 2024 8
2024-Q3 · Jul – Sep 2024
Operating income turned negative 2025-11-03
Q3 operating income turned negative at -€10.2M and net income at -€9.4M, the first loss-making quarter of 2024, as revenue fell to €300.4M 10
Q3 operating income turned negative at -€10.2M and net income at -€9.4M, the first loss-making quarter of 2024, as revenue fell to €300.4M 10
Net cash build 2025-11-03
Net cash position expanded to 84.2 EURm from 0.6 EURm in 2024-Q2 (+13933%, derived from reported financial debt minus cash). 10
Net cash position expanded to 84.2 EURm from 0.6 EURm in 2024-Q2 (+13933%, derived from reported financial debt minus cash). 10
Cash flow inflection 2025-11-03
Operating cash flow reached 322.6 EURm vs 16.6 EURm in 2023-Q3 (×19.4). 10
Operating cash flow reached 322.6 EURm vs 16.6 EURm in 2023-Q3 (×19.4). 10
Strategic pivot 2025-03-13
Managing Board initiated group-wide restructuring and transformation program in September 2024 to address persistent market challenges in the Home Solutions and Commercial & Industrial Solutions segments 8
Managing Board initiated group-wide restructuring and transformation program in September 2024 to address persistent market challenges in the Home Solutions and Commercial & Industrial Solutions segments 8
2024-Q2 · Apr – Jun 2024
Revenue decelerating 2024-08-08
Home Solutions segment declined 66.4% and Commercial & Industrial Solutions declined 41.5% in H1, reducing total H1 revenue to €759.3M from €778.9M despite continued large-scale segment growth 7
Home Solutions segment declined 66.4% and Commercial & Industrial Solutions declined 41.5% in H1, reducing total H1 revenue to €759.3M from €778.9M despite continued large-scale segment growth 7
Margin compressing 2024-08-08
H1 2024 EBITDA margin compressed to 10.6% from 16.1% in H1 2023, with EBITDA declining 35.7% to €80.6M; Home Solutions declined 66.4% and Commercial & Industrial Solutions declined 41.5% in H1 7
H1 2024 EBITDA margin compressed to 10.6% from 16.1% in H1 2023, with EBITDA declining 35.7% to €80.6M; Home Solutions declined 66.4% and Commercial & Industrial Solutions declined 41.5% in H1 7
Guidance cut 2024-08-08
FY2024 revenue guidance cut to €1,550-1,700M from €1,950-2,220M; EBITDA guidance cut to €80-130M from €220-290M, reflecting weak demand in the Home Solutions and Commercial & Industrial Solutions segments and high distributor inventories 7
FY2024 revenue guidance cut to €1,550-1,700M from €1,950-2,220M; EBITDA guidance cut to €80-130M from €220-290M, reflecting weak demand in the Home Solutions and Commercial & Industrial Solutions segments and high distributor inventories 7
Operating income halved 2024-08-08
Operating income more than halved YoY (55.7 to 17.9 EURm, -68%). 113
Operating income more than halved YoY (55.7 to 17.9 EURm, -68%). 113
2024-Q1 · Jan – Mar 2024
„SMA is ideally positioned in this growth market.“ – Dr.-Ing. Jürgen Reinert, Chief Executive Officer 5
revenue 2024-05-08
Large Scale & Project Solutions segment grew 84.9% to €228.7M in Q1, rising to 63.2% of total sales as large-scale project demand strengthened while overall group revenue remained roughly flat at €361.8M 6
Large Scale & Project Solutions segment grew 84.9% to €228.7M in Q1, rising to 63.2% of total sales as large-scale project demand strengthened while overall group revenue remained roughly flat at €361.8M 6
Segment divergence 2024-05-08
Large Scale & Project Solutions revenue grew +84.9% to 228.7 EURm in 2024-Q1 (63% of group revenue) while group revenue changed -1.5%. 6
Large Scale & Project Solutions revenue grew +84.9% to 228.7 EURm in 2024-Q1 (63% of group revenue) while group revenue changed -1.5%. 6
Margin compressing 2024-05-08
Q1 gross margin compressed to 26.2% from 31.1% in Q1 2023, driven by product mix shift toward lower-margin large-scale inverters and planned personnel cost increases 6
Q1 gross margin compressed to 26.2% from 31.1% in Q1 2023, driven by product mix shift toward lower-margin large-scale inverters and planned personnel cost increases 6
Strategic pivot 2024-05-08
2024 capex guidance raised to approximately €200M (vs. €95.1M in 2023), primarily to fund GIGAWATT FACTORY construction at the Niestetal site targeting capacity of nearly 40 GW 6
2024 capex guidance raised to approximately €200M (vs. €95.1M in 2023), primarily to fund GIGAWATT FACTORY construction at the Niestetal site targeting capacity of nearly 40 GW 6
revenue 2024-03-06
Full-year revenue +78.5% to €1,904.1M, exceeding all revised guidance ranges; inverter output sold +67.2% to 20,454 MW 5
Full-year revenue +78.5% to €1,904.1M, exceeding all revised guidance ranges; inverter output sold +67.2% to 20,454 MW 5
Margin expanding 2024-03-06
EBITDA margin expanded to 16.3% from 6.6% in 2022; EBIT improved from €31.9M to €269.5M 5
EBITDA margin expanded to 16.3% from 6.6% in 2022; EBIT improved from €31.9M to €269.5M 5
New market 2024-03-06
GIGAWATT FACTORY groundbreaking held April 2023 to double production capacity from ~21 GW to 40 GW, operational from 2025; North America 3.5 GW capacity planned for 2025 5
GIGAWATT FACTORY groundbreaking held April 2023 to double production capacity from ~21 GW to 40 GW, operational from 2025; North America 3.5 GW capacity planned for 2025 5
Guidance initiated 2024-03-06
FY2024 guidance initiated: sales €1,950–2,220M, EBITDA €220–290M; capex planned ~€200M vs €95.1M in 2023 5
FY2024 guidance initiated: sales €1,950–2,220M, EBITDA €220–290M; capex planned ~€200M vs €95.1M in 2023 5
2023 · 15 events
2023-Q4 · Oct – Dec 2023
Operating income doubled 2024-03-06
Operating income more than doubled YoY (10.1 to 67.9 EURm, +572%). 105
Operating income more than doubled YoY (10.1 to 67.9 EURm, +572%). 105
2023-Q3 · Jul – Sep 2023
earnings 2023-11-09
Nine-month EBITDA +360.6% to €231.2M; margin improved to 17.3% from 6.9% in prior-year period 4
Nine-month EBITDA +360.6% to €231.2M; margin improved to 17.3% from 6.9% in prior-year period 4
Guidance raised 2023-11-09
FY2023 guidance raised a third time to sales €1,800–1,900M and EBITDA €285–325M 4
FY2023 guidance raised a third time to sales €1,800–1,900M and EBITDA €285–325M 4
Operating income doubled 2023-11-09
Operating income more than doubled YoY (24.5 to 95.5 EURm, +290%). 104
Operating income more than doubled YoY (24.5 to 95.5 EURm, +290%). 104
2023-Q2 · Apr – Jun 2023
earnings 2023-08-10
H1 EBIT swung to +€106.1M from a loss of €2.8M in H1 2022, with EBITDA margin expanding to 16.1% from 3.4% 3
H1 EBIT swung to +€106.1M from a loss of €2.8M in H1 2022, with EBITDA margin expanding to 16.1% from 3.4% 3
Guidance raised 2023-08-10
FY2023 guidance raised again to sales €1,700–1,850M and EBITDA €230–270M 3
FY2023 guidance raised again to sales €1,700–1,850M and EBITDA €230–270M 3
Strategic pivot 2023-08-10
Management decided to withdraw completely from the North American O&M business due to inability to achieve targeted profit margins 3
Management decided to withdraw completely from the North American O&M business due to inability to achieve targeted profit margins 3
2023-Q1 · Jan – Mar 2023
„After completely overcoming the shortage of components, the Managing Board sees excellent growth prospects for the SMA group.“ – Managing Board 2
Revenue accelerating ◦ 2023-05-11
Q1 revenue +66.5% to €367.2M driven by improved delivery situation and strong demand across all segments 2
Q1 revenue +66.5% to €367.2M driven by improved delivery situation and strong demand across all segments 2
Guidance raised 2023-05-11
FY2023 sales guidance raised to €1,450–1,600M (prev. €1,350–1,500M) and EBITDA to €135–175M (prev. €100–140M) 2
FY2023 sales guidance raised to €1,450–1,600M (prev. €1,350–1,500M) and EBITDA to €135–175M (prev. €100–140M) 2
Operating income doubled 2023-05-11
Operating income more than doubled YoY (5.5 to 50.4 EURm, +816%). 107
Operating income more than doubled YoY (5.5 to 50.4 EURm, +816%). 107
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Key Figures (€m)#
The company's core financial figures in three views, one below the other: fiscal years (as reported; after restatements the table shows the most recent filing version, marked), half-years (6-month basis, H2 = second half on its own) and quarters (3-month basis, not cumulative). Each row is one period, most recent first. Values with a dotted underline are clickable and show the raw value, the exact source location, the scale evidence and the source; derived values additionally show their formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.
All figures serve only to support your own investment decision and are not a recommendation; the company's original reports are authoritative.
Revenue (€m) · annual basis, as reported
Net income (€m) · annual basis, as reported
EPS (€) · annual basis, as reported
Operating cash flow (€m) · annual basis, as reported
Revenue (€m) · quarterly basis, as reported
Net income (€m) · quarterly basis, as reported
EPS (€) · quarterly basis, as reported
Operating cash flow (€m) · quarterly basis, as reported
Cash (€m) · annual basis, as reported
Debt (€m) · annual basis, as reported
Net Debt (€m) · annual basis, as reported
Capex (€m) · annual basis, as reported
Cash (€m) · quarterly basis, as reported
Debt (€m) · quarterly basis, as reported
Net Debt (€m) · quarterly basis, as reported
Capex (€m) · quarterly basis, as reported
FCF (€m) · quarterly basis, as reported
Shown: the most recent fiscal years. Full history since FY2022 is on record.
Fiscal years
Amounts in €m · EPS in € per share · as reported
| Period | Revenue | Op. income | Net income | EPS (€) | OCF | Source |
|---|---|---|---|---|---|---|
| FY2025 | 1,516 | -188.2 | -181.1 | -5.22 | 143 | 114 |
| FY2024 | 1,530 | -93.1 | -117.7 | -3.39 | -124.8~ | 114 |
| FY2023 | 1,904.1 | 269.5 | 225.7 | 6.50 | 140.8 | 114 |
Quarters
Amounts in €m · EPS in € per share · as reported
| Period | Published | Revenue | Op. income | Net income | EPS (€) | FCF | Cash | Net Debt | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-Q2* | 2026-08-13 | 345.7 | 49.1~ | 74.4 | 2.14*≈ | 96.1 | 212.7 | -212.7 | 116 |
| 2026-Q1* | 2026-05-13 | 340.9 | 13.3 | -1.6 | -0.05 | -28.5 | 116.5 | -148.2~ | 115 |
| 2025-Q4* | 2025-12-31 | 381.3 | -65 | -36.6 | – | – | 190.8 | -176.4~ | 114 |
| 2025-Q3* | 2025-11-03 | 449.9 | -104.2 | -102.1 | -2.94 | 45 | 219.7 | -180.4~ | 112 |
| 2025-Q2* | 2026-08-13 | 357.1 | -30.4~ | -47.9 | – | -34.4 | 174 | -135~ | 116 |
| 2025-Q1* | 2025-06-30 | 327.7 | 11.4 | 5.5 | 0.16 | 43.9 | – | -176.4 | 115 |
| 2024-Q4* | 2025-11-03 | 470.3 | -139.1 | -152.4 | -4.39*≈ | -312.2 | 195.8 | -84.2~ | 114 |
| 2024-Q3* | 2025-11-03 | 300.4 | -10.2 | -9.4 | -0.27 | 294.2 | – | -84.2 | 10 |
| 2024-Q2* | 2024-08-08 | 397.5 | 17.9 | 15.6 | 0.45 | – | 155.1 | -0.6 | 7 |
| 2024-Q1 | 2024-05-08 | 361.8 | 38.2 | 28.5 | 0.82 | – | 211.7 | -84.2 | 111 |
| 2023-Q4* | 2024-03-06 | 566.7 | 67.9 | 45.3 | 1.30*≈ | -25.8 | 219.4 | -283.3 | 105 |
| 2023-Q3* | 2023-11-09 | 558.5 | 95.5 | 76.9 | 2.22≈ | -5.9 | 242.1 | -302.8 | 104 |
| 2023-Q2* | 2023-08-10 | 411.7 | 55.7 | 51.8 | 1.49 | 29.4 | 219.4~ | – | 3 |
| 2023-Q1* | 2023-05-11 | 367.2 | 50.4 | 51.7 | 1.49 | 48 | – | -270 | 2 |
* derived: values with formula provenance (hover); Q4 = FY − 9M · H2 = FY − H1 · EPS via implied shares · net debt = financial debt − cash · FCF = OCF − |capex|.
The publication date of individual lines is a publisher placeholder (not the actual publication date).
Columns not reported in this reporting cadence are hidden: Op. income (adj.), EBITDA (adj.), EPS adj. (not reported in any source for these periods).
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Balance Sheet & Cash Flow (€m)#
Point-in-time balance sheet items (e.g. cash, financial debt) and cash flow items (operating cash flow, investments/capex) per fiscal year, half-year and quarter. Balance sheet values are as of the period end, flow items cover the period. Derived values are marked and are calculated, for example, as: net debt = financial debt − cash; free cash flow = operating cash flow − capex; the click popover shows formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.
Fiscal years
Amounts in €m · as reported
| Period | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | 2025-12-31 | 190.8 | 140 | -176.4~ | – | 143 | 105.7 | – | 114 |
| FY2024 | 2025-03-13 | 195.8 | 196.2 | -84.2~ | 77.1 | -124.8~ | 119.8 | -244.6~ | 114 |
| FY2023 | 2024-03-06 | 219.4 | 31.9 | -283.3 | 41.5 | 140.8 | 95.1 | 45.7 | 114 |
Quarters
Amounts in €m · as reported
| Period | Published | Cash | Debt | Net Debt | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|
| 2026-Q2 | 2026-08-13 | 212.7 | 0 | -212.7 | 104.4 | 8.3 | 96.1 | 116 |
| 2026-Q1 | 2026-05-13 | 116.5 | 94.1 | -148.2~ | -22.2 | 6.3 | -28.5 | 115 |
| 2025-Q4 | 2025-12-31 | 190.8 | 140 | -176.4~ | -6.2 | 11.1 | – | 114 |
| 2025-Q3 | 2025-11-03 | 219.7 | 165.1 | -180.4~ | 59.5 | 14.5 | 45 | 112 |
| 2025-Q2 | 2026-08-13 | 174 | 168.4 | -135~ | -20 | 14.4 | -34.4 | 116 |
| 2025-Q1 | 2025-06-30 | – | – | -176.4 | 109.6 | 65.7 | 43.9 | 115 |
| 2024-Q4 | 2025-11-03 | 195.8 | 196.2 | -84.2~ | -273.9 | 38.3 | -312.2 | 114 |
| 2024-Q3 | 2025-11-03 | – | – | -84.2 | 322.6 | 28.4 | 294.2 | 10 |
| 2024-Q2 | 2024-08-08 | 155.1 | 154.5 | -0.6 | -129.9 | 31.2 | – | 7 |
| 2024-Q1 | 2024-05-08 | 211.7 | – | -84.2 | -43.6 | 21.9 | – | 111 |
| 2023-Q4 | 2024-03-06 | 219.4 | 31.9 | -283.3 | 11.3 | 37.1 | -25.8 | 105 |
| 2023-Q3 | 2023-11-09 | 242.1 | – | -302.8 | 16.6 | 22.5 | -5.9 | 104 |
| 2023-Q2 | 2023-08-10 | 219.4~ | 29.6 | – | 47.8 | 18.4 | 29.4 | 3 |
| 2023-Q1 | 2023-05-11 | – | – | -270 | 65.1 | 17.1 | 48 | 2 |
Debt = long-term + current · Net debt = debt − cash · FCF = OCF − capex.
The publication date of individual lines is a publisher placeholder (not the actual publication date).
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Revenue by Type (as of 2026-Q2 · EURm · 7/8)#
Revenue split by segment or product type, exactly as the company itself reports it. The basis is stated next to each value (3, 6 or 12 months); segment totals can deviate from group revenue (reconciliation/consolidation items). If the company changes its segment structure, older structures are kept in the expandable part. Rows in grey are no longer reported separately by the company; they show the last available figures and are never extrapolated.
| Segment | Since | Period | Basis | Revenue | Growth | Margin | Source |
|---|---|---|---|---|---|---|---|
| Germany | FY2025 | FY2025 | 12M | 304.7 | – | – | 12 |
| EMEA | 2023-H1 | FY2025 | 12M | 700.8 | – | – | 12 |
| Americas | 2023-H1 | FY2025 | 12M | 647.5 | – | – | 12 |
| APAC | 2023-H1 | FY2025 | 3M | 184.6 | – | – | 12 |
| Large Scale & Project Solutions | 2022-Q1 | 2026-Q1 | 3M | 279.5 | 0% | 12.1% | 13 |
| Home & Business Solutions | 2022-Q1 | 2026-Q1 | 3M | 61.4 | 27.4% | 31.9% | 13 |
| Commercial & Industrial Solutions | 2022-Q1 | 2025-Q1 | 3M | 26.3 | -62.8% | -100.4% | 9 |
| C&I Solutions | FY2023 | FY2024 | 12M | 183.8 | – | – | 8 |
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Products & M&A (29/58 active+recent)#
Product announcements from the reports; market launches, approvals, partnerships; with first mention (date) and source. “Active/current” means: still mentioned in the most recent reports; what the company no longer mentions moves to the expandable part but is never deleted. Rows in grey are discontinued products.
| Product/Line | Since | Status | Source |
|---|---|---|---|
| Elimination of 100% lead in electronics manufacturing | 2030 | Stable | 12 |
| NMC and NCA battery discontinuation | 2027 | Launched | 12 |
| Sunny Tripower Hybrid X three-phase hybrid inverter launch | 2026-06 | Launched | 14 |
| SMA Storage M modular storage system development | 2026-06 | Launched | 14 |
| SMA Large Scale Stability Enhanced DC-Coupled Hybrid Solution | 2026-06 | Launched | 14 |
| SMA Backup solution for Sunny Tripower Hybrid X | 2026-06 | Launched | 14 |
| LFP battery transition | 2026-06 | Launched | 12 |
| 40-foot Medium Voltage Power Station development completion | 2026-06 | Launched | 14 |
| Storage XL Package (2x) | 2026 | Launched | 14 |
| SMA Medium Voltage Power Stations with SF6-free switchgear | 2026 | Launched | 11 |
| GIGAWATT FACTORY production facility operational ramp-up | 2025-12 | Launched | 11 |
| Altenso 92.5 MW/231 MWh battery storage project EPC contract | 2025-09 | Launched | 8 |
| SMA Home Energy Solution with StromWallet Dynamic Pro integration | 2025-06 | Launched | 11 |
| SMA eCharger market launch | 2025-03 | Launched | 9 |
| Production facility lease commencement | 2025-01 | Launched | 11 |
| New production hall at Sandershäuser Berg | 2025-01 | Launched | 10 |
| GIGAWATT FACTORY at Niestetal site (2x) | 2025-01 | Launched | 14 |
| Altenso Australia Pty Ltd establishment | 2025-01 | Launched | 12 |
| Sunny Tripower X 60 with integrated energy management | 2025 | Launched | 12 |
| Sunny Tripower X 60 medium-sized commercial inverter (2x) | 2025 | Launched | 12 |
| Sunny Central Storage UP-S (4×) | 2025 | Launched | 14 |
| Sunny Central FLEX for PV and battery storage power plants | 2025 | Launched | 12 |
| Production capacity expansion from 21 GW to approximately 40 GW at Niestetal/Kassel | 2025 | Launched | 3 |
| North America production capacity establishment | 2025 | Launched | 5 |
| Global Repair Center expansion to USA | 2025 | Stable | 12 |
| Additional production facility in Poland | 2025 | Launched | 12 |
| Altenso GmbH battery storage projects (2×) | 2024-09 | Launched | 13 |
| Sunny Central FLEX (2×) | 2024 | Launched | 12 |
| Sunny Island X (3×) | 2023-06 | Launched | 12 |
| Sunny Tripower 125 (3x) | 2025 | Launched | 7 |
| Sunny Tripower CORE 2 successor inverter (125 kW) | 2024-06 | Launched | 5 |
| SMA eCharger market launch in Benelux, France and Germany | 2024-06 | Launched | 5 |
| Grid-forming solutions with large-scale storage systems | 2024-03 | Launched | 6 |
| GIGAWATT FACTORY (4×) | 2024-03 | Launched | 5 |
| Sunny Data Manager M | 2024 | Launched | 8 |
| Successor products for Home and C&I segments with LFP cell technology | 2024 | Launched | 8 |
| Segment-specific platforms and products market launch | 2024 | Launched | 5 |
| SMA home storage battery with cobalt-free LFP cells | 2024 | Launched | 8 |
| SMA eCharger market launch in other European countries | 2024 | Launched | 7 |
| SMA eCharger (2×) | 2024 | Launched | 7 |
| SMA Commercial Storage system replacement with alternative cell technology | 2024 | Launched | 8 |
| SMA Commercial eMobility Solution with EV Charger Business | 2023-12 | Launched | 3 |
| GHG quota marketing product for commercial customers | 2023-12 | Launched | 3 |
| Grid stability services competence center (2×) | 2023-10 | Launched | 5 |
| Production capacity expansion at headquarters in Niestetal/Kassel, Germany | 2023-09 | Launched | 4 |
| STP-X inverter for U.S. market | 2023-06 | Launched | 3 |
| New models in Sunny Tripower product family for global PV markets | 2023-06 | Launched | 3 |
| SMA Energy System Business | 2023-03 | Launched | 4 |
| Digital energy services platform | 2023-03 | Launched | 2 |
| Battery-storage systems for EMEA region | 2023-03 | Launched | 2 |
| Wallbox Home EV Charger eCharger | 2023 | Launched | 5 |
| SMA Home Storage battery (3×) | 2023 | Launched | 7 |
| SMA Energy System Home | 2023 | Launched | 6 |
| Green hydrogen production solutions (2×) | 2023 | Launched | 2 |
| Electrolyzer Converter for green hydrogen production | 2023 | Launched | 6 |
| SMA Commercial Storage Solution (2×) | 2025-12 | Discontinued (2025-12) | 3 |
| Sunny Boy Smart Energy inverter (7×) | 2023 | Discontinued (2024-12) | 8 |
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M&A (19)#
All recorded acquisitions (purchases) and divestitures/exits with date, short description and source; deliberately including smaller transactions that summaries often miss. Purchase prices appear only where the company itself has disclosed them. Rows in grey are cancelled transactions; the cancellation date is shown in the row.
Acquisitions · 5Divestitures/exits · 14
Acquisitions
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| Home & Business Solutions division formation | 2025-05 | Completed | 10 |
| Letter of Intent signed with Create Energy for local production of Sunny Highpower PEAK3 | 2025 | Announced | 12 |
| Altenso first BESS project sale to strategic investor (2×) | 2024-09 | Completed | 8 |
| Altenso & Infinergies Holding Oy (7×) | 2024-04 | Completed | 8 |
| AE Development Holdings 2023 Trust acquisition (2×) | 2024-04 | Completed | 12 |
Divestitures / exits
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| coneva GmbH | 2025-09 | Divested | 12 |
| Sale of coneva GmbH | 2025-09 | Divested | 12 |
| coneva GmbH share sale | 2025-08 | Divested | 12 |
| elexon GmbH contingent purchase price adjustment | 2025-06 | Divested | 11 |
| elexon GmbH share sale | 2024-03 | Divested | 7 |
| Sale of 42% interest in elexon GmbH to VARO Energy Management AG | 2024-01 | Divested | 8 |
| elexon GmbH | 2024 | Divested | 8 |
| Sale of shares in elexon GmbH | 2024 | Divested | 8 |
| Sale of 100% limited partner shares in Altenso Batteriespeicher 001 GmbH & Co. KG | 2024 | Divested | 8 |
| Batteriespeicher 001 GmbH & Co. KG (4×) | 2024 | Divested | 12 |
| Withdrawal from North American O&M business | 2023-06 | Divested | 3 |
| Sale of elexon GmbH stake | 2023-06 | Divested | 3 |
| Planned sale of shares in associated company | 2023 | Divested | 5 |
| Exit from long-term O&M contracts for PV power plants in Americas region | 2023 | Divested | 5 |
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Reported KPIs (as disclosed) (437)#
Figures the company discloses itself in addition to the standard financials; order intake, recurring revenue, user or unit counts, adjusted measures. These “story KPIs” usually slip through standard databases; here they are collected as reported, with no calculation of our own. Important: the definition comes from the company itself and can differ from firm to firm; period and source are stated next to every value.
Company-specific KPIs verbatim from the filings (English, as disclosed; not normalised). Balance-sheet and boilerplate items filtered.
| Date | Period | KPI | Value / change | Source |
|---|---|---|---|---|
| 2026-08-13 | 2026-Q2 | total assets 2025 | 1,306.0 (EUR € million) | 14 |
| 2026-08-13 | 2026-Q2 | total assets | 1,390.9 (EUR € million) | 14 |
| 2026-08-13 | 2026-Q2 | order backlog 2025 | 1,161.4 (EUR € million) | 14 |
| 2026-08-13 | 2026-Q2 | order backlog | 1,754.4 (EUR € million) | 14 |
| 2026-08-13 | 2026-Q2 | net working capital ratio 2025 | 14.0 | 14 |
| 2026-08-13 | 2026-Q2 | net working capital ratio | 11.7 | 14 |
| 2026-08-13 | 2026-Q2 | inverter output sold FY2025 | 19,852 | 14 |
| 2026-08-13 | 2026-Q2 | inverter output sold 2025 | 8,327 | 14 |
| 2026-08-13 | 2026-Q2 | inverter output sold | 8,985 | 14 |
| 2026-08-13 | 2026-Q2 | export ratio FY2025 | 79.8 | 14 |
| 2026-08-13 | 2026-Q2 | export ratio 2025 | 79.6 | 14 |
| 2026-08-13 | 2026-Q2 | export ratio | 73.7 | 14 |
| 2026-08-13 | 2026-Q2 | equity ratio 2025 | 28.0 | 14 |
| 2026-08-13 | 2026-Q2 | equity ratio | 31.7 | 14 |
| 2026-08-13 | 2026-Q2 | equity 2025 | 365.5 (EUR € million) | 14 |
| 2026-08-13 | 2026-Q2 | equity | 441.4 (EUR € million) | 14 |
| 2026-08-13 | 2026-Q2 | EBITDA margin FY2025 | -4.3 | 14 |
| 2026-08-13 | 2026-Q2 | EBITDA margin 2025 | 1.3 | 14 |
| 2026-08-13 | 2026-Q2 | EBITDA margin | 12.9 | 14 |
| 2026-08-13 | 2026-Q2 | Shareholders' equity as of June 30, 2026 | 441,408 | 14 |
| 2026-08-13 | 2026-Q2 | Gross cash flow | 87,602 (EUR in €'000) | 14 |
| 2026-05-13 | 2026-Q1 | Order backlog | 1,414.5 € million | 13 |
| 2026-05-13 | 2026-Q1 | Net working capital ratio | 15.9% | 13 |
| 2026-05-13 | 2026-Q1 | Net working capital | 242.9 € million | 13 |
| 2026-05-13 | 2026-Q1 | Inverter output sold | 4,448 MW | 13 |
| 2026-05-13 | 2026-Q1 | Export ratio | 74.2% | 13 |
| 2026-05-13 | 2026-Q1 | Equity ratio | 28.4% | 13 |
| 2026-05-13 | 2026-Q1 | EBITDA margin | 7.7% | 13 |
| 2026-03-12 | FY2025 | waste per million sales 2025 | 1.22 tons | 12 |
| 2026-03-12 | FY2025 | waste per million sales 2024 | 1.27 tons | 12 |
| 2026-03-12 | FY2025 | upstream transportation distribution emissions decline pct | 71.3% | 12 |
| 2026-03-12 | FY2025 | total waste volume 2025 | 2,097 tons | 12 |
| 2026-03-12 | FY2025 | Total Waste Volume 2024 | 2,526 tons | 12 |
| 2026-03-12 | FY2025 | Total Gross Indirect Scope 3 GHG Emissions | 491,368 t CO₂e | 12 |
| 2026-03-12 | FY2025 | Total GHG Emissions Market-Based | 493,723 t CO₂e | 12 |
| 2026-03-12 | FY2025 | Total GHG Emissions Location-Based | 501,712 t CO₂e | 12 |
| 2026-03-12 | FY2025 | Total Energy Consumption | 33.7 thousand MWh | 12 |
| 2026-03-12 | FY2025 | total assets | 1,306.0 (EUR millions) | 12 |
| 2026-03-12 | FY2025 | Taxonomy OpEx | €79.6 million | 12 |
| 2026-03-12 | FY2025 | Taxonomy Eligible Sales % | 89.9% | 12 |
| 2026-03-12 | FY2025 | Taxonomy Capex | €105.6 million | 12 |
| 2026-03-12 | FY2025 | Taxonomy Aligned Sales % | 74.8% | 12 |
| 2026-03-12 | FY2025 | Taxonomy Aligned Sales | €1,134.1 million | 12 |
| 2026-03-12 | FY2025 | Taxonomy Aligned OpEx % | 81.8% | 12 |
| 2026-03-12 | FY2025 | Taxonomy Aligned OpEx | €65.2 million | 12 |
| 2026-03-12 | FY2025 | Taxonomy Aligned Capex % | 89.6% | 12 |
| 2026-03-12 | FY2025 | Taxonomy Aligned Capex | €94.6 million | 12 |
| 2026-03-12 | FY2025 | Shares Outstanding | 34,700,000 | 12 |
| 2026-03-12 | FY2025 | Share Capital | €34.7 million | 12 |
| 2026-03-12 | FY2025 | Service Business Order Backlog | 333.9 (EUR millions) | 12 |
| 2026-03-12 | FY2025 | Secondary Materials Used 2025 | 12.3 thousand tons | 12 |
| 2026-03-12 | FY2025 | Secondary Materials Used 2024 | 15.9 thousand tons | 12 |
| 2026-03-12 | FY2025 | Secondary Materials Share 2025 | 22% | 12 |
| 2026-03-12 | FY2025 | secondary materials share 2024 | 24% | 12 |
| 2026-03-12 | FY2025 | scope 3 emissions decline pct | 32.5% | 12 |
| 2026-03-12 | FY2025 | research and development ratio | 8.1 | 12 |
| 2026-03-12 | FY2025 | research and development expenses | 123.0 (EUR millions) | 12 |
| 2026-03-12 | FY2025 | renewable energy consumption | 23.5 thousand MWh | 12 |
| 2026-03-12 | FY2025 | registered trademarks | 1,577 | 12 |
| 2026-03-12 | FY2025 | recycled waste pct 2025 | 99% | 12 |
| 2026-03-12 | FY2025 | recycled waste pct 2024 | 96% | 12 |
| 2026-03-12 | FY2025 | recycled waste 2025 | 2,079 tons | 12 |
| 2026-03-12 | FY2025 | recycled waste 2024 | 2,435 tons | 12 |
| 2026-03-12 | FY2025 | recyclable materials used 2025 | 45.3 thousand tons | 12 |
| 2026-03-12 | FY2025 | recyclable materials used 2024 | 53.0 thousand tons | 12 |
| 2026-03-12 | FY2025 | recyclable material rate 2025 | 82% | 12 |
| 2026-03-12 | FY2025 | recyclable material rate 2024 | 82% | 12 |
| 2026-03-12 | FY2025 | purchased goods services emissions decline pct | 34.8% | 12 |
| 2026-03-12 | FY2025 | products technical materials purchased 2025 | 55.2 thousand tons | 12 |
| 2026-03-12 | FY2025 | products technical materials purchased 2024 | 64.9 thousand tons | 12 |
| 2026-03-12 | FY2025 | product business order backlog | 1,018.1 (EUR millions) | 12 |
| 2026-03-12 | FY2025 | pending patent applications | 470 | 12 |
| 2026-03-12 | FY2025 | patents and utility models | 1,654 | 12 |
| 2026-03-12 | FY2025 | order backlog | 1,352.0 (EUR millions) | 12 |
| 2026-03-12 | FY2025 | Non-Renewable Energy Consumption | 10.2 thousand MWh | 12 |
| 2026-03-12 | FY2025 | Non-Recycled Waste % 2025 | 1% | 12 |
| 2026-03-12 | FY2025 | Non-Recycled Waste % 2024 | 4% | 12 |
| 2026-03-12 | FY2025 | Non-Recycled Waste 2025 | 18 tons | 12 |
| 2026-03-12 | FY2025 | Non-Recycled Waste 2024 | 91 tons | 12 |
| 2026-03-12 | FY2025 | net working capital ratio | 14.0 | 12 |
| 2026-03-12 | FY2025 | Net Working Capital | 212.6 (EUR millions) | 12 |
| 2026-03-12 | FY2025 | Lead Used 2025 | 33.3 kg | 12 |
| 2026-03-12 | FY2025 | Lead Used 2024 | 67.0 kg | 12 |
| 2026-03-12 | FY2025 | inverter output sold | 19,852 | 12 |
| 2026-03-12 | FY2025 | Hazardous Waste % 2025 | 20% | 12 |
| 2026-03-12 | FY2025 | Hazardous Waste % 2024 | 14% | 12 |
| 2026-03-12 | FY2025 | Hazardous Waste 2025 | 416 tons | 12 |
| 2026-03-12 | FY2025 | Hazardous Waste 2024 | 344 tons | 12 |
| 2026-03-12 | FY2025 | Gross Scope 1 GHG Emissions | 2,352 t CO₂e | 12 |
| 2026-03-12 | FY2025 | Gross Scope 1 and Market-Based Scope 2 GHG Emissions | 2,355 t CO₂e | 12 |
| 2026-03-12 | FY2025 | Gross Market-Based Scope 2 GHG Emissions | 3 t CO₂e | 12 |
| 2026-03-12 | FY2025 | Gross Margin | 8.1 | 12 |
| 2026-03-12 | FY2025 | Gross Location-Based Scope 2 GHG Emissions | 7,992 t CO₂e | 12 |
| 2026-03-12 | FY2025 | Global Repair Center Success Rate 2025 | 95.6% | 12 |
| 2026-03-12 | FY2025 | Global Repair Center Success Rate 2024 | 96.5% | 12 |
| 2026-03-12 | FY2025 | Financial Liabilities | 140.0 | 12 |
| 2026-03-12 | FY2025 | field failure rate 2025 | approximately 1.5% | 12 |
| 2026-03-12 | FY2025 | field failure rate 2024 | 1.4% | 12 |
| 2026-03-12 | FY2025 | field failure rate 2019 base year | 1.4% | 12 |
| 2026-03-12 | FY2025 | export ratio | 79.8 | 12 |
| 2026-03-12 | FY2025 | equity ratio | 28.0 | 12 |
| 2026-03-12 | FY2025 | equity | 365.5 (EUR millions) | 12 |
| 2026-03-12 | FY2025 | energy intensity high climate impact | 22.2 MWh/€ million | 12 |
| 2026-03-12 | FY2025 | electrical electronic waste pct 2025 | 36% | 12 |
| 2026-03-12 | FY2025 | electrical electronic waste pct 2024 | 25% | 12 |
| 2026-03-12 | FY2025 | EBITDA margin | −4.3 | 12 |
| 2026-03-12 | FY2025 | depreciation on capitalized development projects | 12.3 (EUR millions) | 12 |
| 2026-03-12 | FY2025 | depreciation | 122.8 | 12 |
| 2026-03-12 | FY2025 | danfoss shareholding | 20.00% | 12 |
| 2026-03-12 | FY2025 | credit line utilization | 44.9% | 12 |
| 2026-03-12 | FY2025 | capitalized development projects | 32.3 (EUR millions) | 12 |
| 2026-03-12 | FY2025 | capital goods emissions decline pct | 61.2% | 12 |
| 2026-03-12 | FY2025 | avoided environmental costs | €21 billion | 12 |
| 2026-03-12 | FY2025 | avoided CO2 emissions | 69 million tons | 12 |
| 2026-03-12 | FY2025 | avg weight per kw inverter 2025 | 0.96 kg/kW | 12 |
| 2026-03-12 | FY2025 | avg weight per kw inverter 2024 | 1.00 kg/kW | 12 |
| 2026-03-12 | FY2025 | avg weight per kw inverter 2020 | 1.47 kg/kW | 12 |
| 2026-03-12 | FY2025 | activity 7 6 sales pct | 5.1% | 12 |
| 2026-03-12 | FY2025 | activity 7 6 sales | €77.1 million | 12 |
| 2026-03-12 | FY2025 | activity 3 1 sales pct | 69.7% | 12 |
| 2026-03-12 | FY2025 | activity 3 1 sales | €1,057.0 million | 12 |
| 2026-03-12 | FY2025 | activity 3 1 capex pct | 86.9% | 12 |
| 2026-03-12 | FY2025 | activity 3 1 capex | €91.8 million | 12 |
| 2026-03-12 | FY2025 | Warranty provisions | 135,961 (EUR in €'000) | 12 |
| 2026-03-12 | FY2025 | Unused credit facilities | 209.5 million | 12 |
| 2026-03-12 | FY2025 | Unrecognized deferred taxes on trade tax loss carryforwards | 309.7 million | 12 |
| 2026-03-12 | FY2025 | Unrecognized deferred taxes on loss carryforwards | 287.2 million | 12 |
| 2026-03-12 | FY2025 | Unrecognized deferred taxes on corporation tax loss carryforwards | 249.9 million | 12 |
| 2026-03-12 | FY2025 | Trade tax loss carryforwards | 519.1 million | 12 |
| 2026-03-12 | FY2025 | Total tax loss carryforwards (Group) | 532.4 million | 12 |
| 2026-03-12 | FY2025 | Total installed inverter output | more than 185 | 12 |
| 2026-03-12 | FY2025 | Shareholders' equity | 365,536 | 12 |
| 2026-03-12 | FY2025 | Property, plant and equipment | 267,523 | 12 |
| 2026-03-12 | FY2025 | PV inverter output sold (affiliated companies) | 13.4 GW | 12 |
| 2026-03-12 | FY2025 | PV inverter output sold (affiliated companies prior year) | 13.2 GW | 12 |
| 2026-03-12 | FY2025 | PV inverter capacity sold | 19,852 MW | 12 |
| 2026-03-12 | FY2025 | Order backlog prior year | €1,355.6 million | 12 |
| 2026-03-12 | FY2025 | Order backlog | €1,352.0 million | 12 |
| 2026-03-12 | FY2025 | Net working capital (% of revenue) | 14.0% | 12 |
| 2026-03-12 | FY2025 | Net working capital | 14 (EUR % of sales) | 12 |
| 2026-03-12 | FY2025 | Net cash | 176.4 (EUR millions) | 12 |
| 2026-03-12 | FY2025 | Inverter output sold | 19.5 GW | 12 |
| 2026-03-12 | FY2025 | Inverter output sold | 19.9 | 12 |
| 2026-03-12 | FY2025 | Foreign sales percentage | 79.8% | 12 |
| 2026-03-12 | FY2025 | Foreign loss carryforwards (deferred tax) | 5.0 million | 12 |
| 2026-03-12 | FY2025 | Financial liabilities, non-current | 83,006 | 12 |
| 2026-03-12 | FY2025 | Financial liabilities, current | 57,020 | 12 |
| 2026-03-12 | FY2025 | Equity ratio prior year | 35.9% | 12 |
| 2026-03-12 | FY2025 | Equity ratio | 28.0% | 12 |
| 2026-03-12 | FY2025 | EBITDA margin | -4.3 | 12 |
| 2026-03-12 | FY2025 | EBIT margin | -12.4 | 12 |
| 2026-03-12 | FY2025 | Domestic loss carryforwards (deferred tax) | 71.4 million | 12 |
| 2026-03-12 | FY2025 | Deferred tax assets on loss carryforwards | 76.4 million | 12 |
| 2026-03-12 | FY2025 | Current income tax liabilities | 10.5 million | 12 |
| 2026-03-12 | FY2025 | Corporation tax loss carryforwards | 493.7 million | 12 |
| 2025-11-03 | 2025-Q3 | Total assets | 1,390.0 (EUR € million) | 10 |
| 2025-11-03 | 2025-Q3 | Order backlog | €1,281.7 | 10 |
| 2025-11-03 | 2025-Q3 | Net working capital ratio | 15.7 | 10 |
| 2025-11-03 | 2025-Q3 | Inverter output sold | 13,610 | 10 |
| 2025-11-03 | 2025-Q3 | Gross margin | 7.6 | 10 |
| 2025-11-03 | 2025-Q3 | Export ratio | 80.1 | 10 |
| 2025-11-03 | 2025-Q3 | Equity ratio | 28.9 | 10 |
| 2025-11-03 | 2025-Q3 | Equity | 402.2 (EUR € million) | 10 |
| 2025-11-03 | 2025-Q3 | EBITDA margin | −1.5 | 10 |
| 2025-11-03 | 2025-Q3 | Days sales outstanding | 48.7 | 10 |
| 2025-08-07 | 2025-H1 | Warranty provisions | 123,363 (EUR in €'000) | 11 |
| 2025-08-07 | 2025-H1 | Registered brand names | 1,577 | 11 |
| 2025-08-07 | 2025-H1 | Protected patents and utility models | 1,654 | 11 |
| 2025-08-07 | 2025-H1 | Order backlog | 1,161.4 million | 11 |
| 2025-08-07 | 2025-H1 | Net working capital ratio | 19.4% | 11 |
| 2025-08-07 | 2025-H1 | Inverter output sold | 8,327 MW | 11 |
| 2025-08-07 | 2025-H1 | Gross margin | 18.2% | 11 |
| 2025-08-07 | 2025-H1 | Export ratio | 79.6% | 11 |
| 2025-08-07 | 2025-H1 | Equity ratio | 33.4% | 11 |
| 2025-08-07 | 2025-H1 | EBITDA margin | 1.3% | 11 |
| 2025-08-07 | 2025-H1 | EBIT margin | -2.8% | 11 |
| 2025-08-07 | 2025-H1 | Development projects | 58,279 | 11 |
| 2025-08-07 | 2025-H1 | Days sales outstanding | 46.0 days | 11 |
| 2025-04-30 | 2025-Q1 | Service business order backlog | 321.8 (EUR € million) | 9 |
| 2025-04-30 | 2025-Q1 | Product business order backlog | 972.1 (EUR € million) | 9 |
| 2025-04-30 | 2025-Q1 | Order backlog | 1,293.9 (EUR € million) | 9 |
| 2025-04-30 | 2025-Q1 | Net working capital ratio | 24.3 | 9 |
| 2025-04-30 | 2025-Q1 | Net working capital | 363.9 (EUR € million) | 9 |
| 2025-04-30 | 2025-Q1 | Inverter output sold | 4,124 | 9 |
| 2025-04-30 | 2025-Q1 | Gross margin | 24.2 | 9 |
| 2025-04-30 | 2025-Q1 | Export ratio | 79.8 | 9 |
| 2025-04-30 | 2025-Q1 | Equity ratio | 34.0 | 9 |
| 2025-04-30 | 2025-Q1 | EBITDA margin | 7.5 | 9 |
| 2025-04-30 | 2025-Q1 | EBIT margin | 3.5 | 9 |
| 2025-04-30 | 2025-Q1 | Days sales outstanding | 45.0 | 9 |
| 2025-03-13 | FY2024 | Work-related accidents high potential | 5 | 8 |
| 2025-03-13 | FY2024 | Work-related accidents | 44 | 8 |
| 2025-03-13 | FY2024 | women target 2025 | 28.0% | 8 |
| 2025-03-13 | FY2024 | women in top two management levels | 16.0% | 8 |
| 2025-03-13 | FY2024 | waste recycled volume prior year | 2,835 tons | 8 |
| 2025-03-13 | FY2024 | waste recycled volume | 2,435 tons | 8 |
| 2025-03-13 | FY2024 | waste recycled percentage | 96% | 8 |
| 2025-03-13 | FY2024 | waste electrical electronic devices percentage prior year | 21% | 8 |
| 2025-03-13 | FY2024 | waste electrical electronic devices percentage | 25% | 8 |
| 2025-03-13 | FY2024 | waste disposed volume prior year | 117 tons | 8 |
| 2025-03-13 | FY2024 | waste disposed volume | 91 tons | 8 |
| 2025-03-13 | FY2024 | waste disposed percentage | 4% | 8 |
| 2025-03-13 | FY2024 | unused credit lines | 184.0 million | 8 |
| 2025-03-13 | FY2024 | total waste volume prior year | 2,953 tons | 8 |
| 2025-03-13 | FY2024 | total waste volume | 2,526 tons | 8 |
| 2025-03-13 | FY2024 | total complaints filed | 37 | 8 |
| 2025-03-13 | FY2024 | total assets | 1,541.2 (EUR € million) | 8 |
| 2025-03-13 | FY2024 | suppliers purchasing volume assessed pct | 90.3% | 8 |
| 2025-03-13 | FY2024 | supplier sustainability assessment coverage | 90% | 8 |
| 2025-03-13 | FY2024 | string inverter design service life | 20 years | 8 |
| 2025-03-13 | FY2024 | specific waste generated prior year | 1.14 tons of waste/€ million of sales | 8 |
| 2025-03-13 | FY2024 | specific waste generated | 1.27 tons of waste per € million of sales | 8 |
| 2025-03-13 | FY2024 | SMA string inverter failure rate 15 years | 15% annual average | 8 |
| 2025-03-13 | FY2024 | serious work-related accidents | 0 | 8 |
| 2025-03-13 | FY2024 | serious human rights incidents value chain | 1 (EUR thousands) | 8 |
| 2025-03-13 | FY2024 | secondary materials used prior year | 14.6 thousand tons | 8 |
| 2025-03-13 | FY2024 | secondary materials used | 15.9 thousand tons | 8 |
| 2025-03-13 | FY2024 | secondary materials percentage prior year | 26% | 8 |
| 2025-03-13 | FY2024 | secondary materials percentage | 24% | 8 |
| 2025-03-13 | FY2024 | repair success rate prior year | 97.5% | 8 |
| 2025-03-13 | FY2024 | repair success rate global repair center | 96.5% | 8 |
| 2025-03-13 | FY2024 | renewable energy generation prior year | 11.3 thousand MWh | 8 |
| 2025-03-13 | FY2024 | renewable energy generation | 11.6 thousand MWh | 8 |
| 2025-03-13 | FY2024 | renewable electricity percentage | 3.3% | 8 |
| 2025-03-13 | FY2024 | recyclable material used prior year | 45.3 thousand tons | 8 |
| 2025-03-13 | FY2024 | recyclable material used | 53.0 thousand tons | 8 |
| 2025-03-13 | FY2024 | recyclable material rate prior year | 82% | 8 |
| 2025-03-13 | FY2024 | recyclable material rate | 82% | 8 |
| 2025-03-13 | FY2024 | purchased products and materials prior year | 55.4 thousand tons | 8 |
| 2025-03-13 | FY2024 | purchased products and materials | 64.9 thousand tons | 8 |
| 2025-03-13 | FY2024 | non-compliance cases value chain | 15 (EUR thousands) | 8 |
| 2025-03-13 | FY2024 | net working capital ratio | 30.9 | 8 |
| 2025-03-13 | FY2024 | Net Working Capital | 473.0 (EUR € million) | 8 |
| 2025-03-13 | FY2024 | managing board age limit | 65 years | 8 |
| 2025-03-13 | FY2024 | LTIR per 200k hours | 1.28 | 8 |
| 2025-03-13 | FY2024 | LTIR per 1M hours ESRS | 6.04 | 8 |
| 2025-03-13 | FY2024 | ISO 45001 certified workers | 3,113 | 8 |
| 2025-03-13 | FY2024 | ISO 45001 certified coverage % | 72% | 8 |
| 2025-03-13 | FY2024 | Inverter output sold MW | 19,524 | 8 |
| 2025-03-13 | FY2024 | Installed inverter output globally | more than 165 GW | 8 |
| 2025-03-13 | FY2024 | Industry comparable failure rate 15 years | 34% | 8 |
| 2025-03-13 | FY2024 | Hazardous waste volume prior year | 336 tons | 8 |
| 2025-03-13 | FY2024 | Hazardous waste volume | 344 tons | 8 |
| 2025-03-13 | FY2024 | Hazardous waste percentage prior year | 11% | 8 |
| 2025-03-13 | FY2024 | Hazardous waste percentage | 14% | 8 |
| 2025-03-13 | FY2024 | FPY string inverters | 90.5% | 8 |
| 2025-03-13 | FY2024 | FPY central inverter stacks | 87.3% | 8 |
| 2025-03-13 | FY2024 | Field failure rate prior year | 1.0% | 8 |
| 2025-03-13 | FY2024 | Field failure rate | 1.4% | 8 |
| 2025-03-13 | FY2024 | Fatal work-related accidents | 0 | 8 |
| 2025-03-13 | FY2024 | export ratio | 78.8 | 8 |
| 2025-03-13 | FY2024 | Expected women in top two management 2025 | 18.0% | 8 |
| 2025-03-13 | FY2024 | Expected supplier assessment coverage 2025 | 98% | 8 |
| 2025-03-13 | FY2024 | EV charger design service life | at least ten years | 8 |
| 2025-03-13 | FY2024 | equity ratio | 35.9 | 8 |
| 2025-03-13 | FY2024 | Employees abroad | 1,108 | 8 |
| 2025-03-13 | FY2024 | Electrical accidents | 3 | 8 |
| 2025-03-13 | FY2024 | distribution and administration employees | 1,432 | 8 |
| 2025-03-13 | FY2024 | corruption fines | 0 | 8 |
| 2025-03-13 | FY2024 | corruption convictions | 0 | 8 |
| 2025-03-13 | FY2024 | compliance training coverage other workers | 3,432 | 8 |
| 2025-03-13 | FY2024 | compliance training coverage managing board | 2 | 8 |
| 2025-03-13 | FY2024 | compliance training coverage managers | 459 | 8 |
| 2025-03-13 | FY2024 | compliance training coverage at risk functions | 761 | 8 |
| 2025-03-13 | FY2024 | compliance training at risk functions | 90% | 8 |
| 2025-03-13 | FY2024 | complaints severe human rights | 0 | 8 |
| 2025-03-13 | FY2024 | complaints discrimination | 6 | 8 |
| 2025-03-13 | FY2024 | competition law convictions | 0 | 8 |
| 2025-03-13 | FY2024 | CEO to median employee compensation ratio | 1:38.5 | 8 |
| 2025-03-13 | FY2024 | central inverter design service life | 25 years | 8 |
| 2025-03-13 | FY2024 | average weight per kW 2024 | 1.0 kg/kW | 8 |
| 2025-03-13 | FY2024 | average weight per kW 2023 | 1.24 kg/kW | 8 |
| 2025-03-13 | FY2024 | average weight per kW 2020 | 2.47 kg/kW | 8 |
| 2025-03-13 | FY2024 | A B suppliers sustainability assessed pct | 90.0% | 8 |
| 2025-03-13 | FY2024 | working capital ratio | 30.9 | 8 |
| 2025-03-13 | FY2024 | return on equity after taxes | -19.0 (EUR %) | 8 |
| 2025-03-13 | FY2024 | return on assets after taxes | -7.4 (EUR %) | 8 |
| 2025-03-13 | FY2024 | Profit before income taxes | −102,100 | 8 |
| 2025-03-13 | FY2024 | Order backlog | 1,355.6 (EUR million EUR) | 8 |
| 2025-03-13 | FY2024 | Operating profit EBIT | −93,052 | 8 |
| 2025-03-13 | FY2024 | Net working capital | 473.0 (EUR million EUR) | 8 |
| 2025-03-13 | FY2024 | Inverter output sold | 19,524 | 8 |
| 2025-03-13 | FY2024 | Gross profit | 252,805 (EUR in €'000) | 8 |
| 2025-03-13 | FY2024 | Equity ratio | 35.9 | 8 |
| 2025-03-13 | FY2024 | EBT margin | -6.7 | 8 |
| 2025-03-13 | FY2024 | EBITDA margin | -1.0 | 8 |
| 2025-03-13 | FY2024 | EBIT margin | -6.1 | 8 |
| 2025-03-13 | FY2024 | Days sales outstanding | 59.0 | 8 |
| 2024-08-08 | 2024-H1 | Warranty provisions | 131,119 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Total installed inverter output worldwide | 155 | 7 |
| 2024-08-08 | 2024-H1 | Shareholders' equity | 714,553 | 7 |
| 2024-08-08 | 2024-H1 | Selling expenses (H1 2023) | 59,171 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Selling expenses | 71,226 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Research and development expenses (H1 2023) | 31,358 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Research and development expenses | 48,922 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Registered brand names | 1,547 | 7 |
| 2024-08-08 | 2024-H1 | R&D expense ratio (H1 2024) | 6.4 | 7 |
| 2024-08-08 | 2024-H1 | R&D expense ratio (H1 2023) | 4.0 | 7 |
| 2024-08-08 | 2024-H1 | Protected patents and utility models | 1,641 | 7 |
| 2024-08-08 | 2024-H1 | Patent applications pending | 547 | 7 |
| 2024-08-08 | 2024-H1 | Other operating income (H1 2023) | 20,830 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Other operating income | 37,632 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Other operating expenses (H1 2023) | 23,089 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Other operating expenses | 16,304 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Order backlog service business (June 30, 2023) | 378.4 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Order backlog service business | 360.6 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Order backlog product business (June 30, 2023) | 2,075.3 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Order backlog product business | 988.0 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Order backlog (June 30, 2023) | 2,453.7 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Order backlog | 1,348.6 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Net working capital ratio (Dec 31, 2023) | 20.6 | 7 |
| 2024-08-08 | 2024-H1 | Net working capital ratio | 31.2 | 7 |
| 2024-08-08 | 2024-H1 | Net working capital (Dec 31, 2023) | 392.1 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Net working capital | 587.7 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Net cash (Dec 31, 2023) | 283.3 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Net cash | 65.7 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Inverter output sold (H1 2023) | 7,213 | 7 |
| 2024-08-08 | 2024-H1 | Inverter output sold (FY 2023) | 20,454 | 7 |
| 2024-08-08 | 2024-H1 | Inverter output sold | 9,107 | 7 |
| 2024-08-08 | 2024-H1 | Income taxes (H1 2023) | 3,009 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Income taxes | 11,675 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Gross margin (H1 2024) | 26.0 | 7 |
| 2024-08-08 | 2024-H1 | Gross margin (H1 2023) | 30.2 | 7 |
| 2024-08-08 | 2024-H1 | General administrative expenses (H1 2023) | 36,272 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | General administrative expenses | 42,579 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | General administrative expense ratio (H1 2024) | 5.6 | 7 |
| 2024-08-08 | 2024-H1 | General administrative expense ratio (H1 2023) | 4.7 | 7 |
| 2024-08-08 | 2024-H1 | Financial income (H1 2023) | 2,037 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Financial income | 3,183 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Financial expenses (H1 2023) | 2,146 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Financial expenses | 3,574 (EUR in €'000) | 7 |
| 2024-08-08 | 2024-H1 | Export ratio (H1 2023) | 59.5 | 7 |
| 2024-08-08 | 2024-H1 | Export ratio (FY 2023) | 63.4 | 7 |
| 2024-08-08 | 2024-H1 | Export ratio | 73.6 | 7 |
| 2024-08-08 | 2024-H1 | Equity ratio (Dec 31, 2023) | 42.3 | 7 |
| 2024-08-08 | 2024-H1 | Equity ratio | 42.6 | 7 |
| 2024-08-08 | 2024-H1 | Equity (Dec 31, 2023) | 686.2 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Equity | 714.6 (EUR € million) | 7 |
| 2024-08-08 | 2024-H1 | Employees abroad (H1 2023) | 1,176 | 7 |
| 2024-08-08 | 2024-H1 | Employees abroad | 1,369 | 7 |
| 2024-08-08 | 2024-H1 | EBITDA margin (H1 2023) | 16.1 | 7 |
| 2024-08-08 | 2024-H1 | EBITDA margin (FY 2023) | 16.3 | 7 |
| 2024-08-08 | 2024-H1 | EBITDA margin | 10.6 | 7 |
| 2024-08-08 | 2024-H1 | Dividend per share | 17,350 | 7 |
| 2024-08-08 | 2024-H1 | Depreciation (H1 2023) | 19.3 | 7 |
| 2024-08-08 | 2024-H1 | Depreciation (FY 2023) | 41.5 | 7 |
| 2024-08-08 | 2024-H1 | Depreciation | 24.4 | 7 |
| 2024-08-08 | 2024-H1 | Days sales outstanding (H1 2024) | 51.5 | 7 |
| 2024-08-08 | 2024-H1 | Days sales outstanding (Dec 31, 2023) | 41.3 | 7 |
| 2024-05-08 | 2024-Q1 | total assets | 1,656.3 (EUR € million) | 6 |
| 2024-05-08 | 2024-Q1 | order backlog | 1,467.8 (EUR € million) | 6 |
| 2024-05-08 | 2024-Q1 | net working capital ratio | 24.4 | 6 |
| 2024-05-08 | 2024-Q1 | Net Working Capital | 463.7 (EUR € million) | 6 |
| 2024-05-08 | 2024-Q1 | inverter output sold | 4,253 | 6 |
| 2024-05-08 | 2024-Q1 | export ratio | 67.9 | 6 |
| 2024-05-08 | 2024-Q1 | equity ratio | 43.2 | 6 |
| 2024-05-08 | 2024-Q1 | equity | 715.3 (EUR € million) | 6 |
| 2024-05-08 | 2024-Q1 | Employees abroad | 1,374 | 6 |
| 2024-03-06 | FY2023 | Shares diluted | 34,700 | 5 |
| 2024-03-06 | FY2023 | Utilized credit lines | 21.7 | 5 |
| 2024-03-06 | FY2023 | Unused credit lines | 74.6 | 5 |
| 2024-03-06 | FY2023 | Sold PV inverter output | 20.5 | 5 |
| 2024-03-06 | FY2023 | Order backlog | 1,705.0 (EUR million) | 5 |
| 2024-03-06 | FY2023 | Net working capital ratio | 22.4% | 5 |
| 2024-03-06 | FY2023 | Net working capital | 392.1 (EUR € million) | 5 |
| 2024-03-06 | FY2023 | Net cash | 283.3 (EUR million) | 5 |
| 2024-03-06 | FY2023 | Long-term credit line | 380 | 5 |
| 2024-03-06 | FY2023 | Investment ratio (capex/sales) | 4.4 | 5 |
| 2024-03-06 | FY2023 | Inverter output sold | 20,454 | 5 |
| 2024-03-06 | FY2023 | Guarantee credit lines | 74.8 | 5 |
| 2024-03-06 | FY2023 | Export ratio | 63.4 | 5 |
| 2024-03-06 | FY2023 | Equity ratio | 42.3 | 5 |
| 2024-03-06 | FY2023 | Employees abroad | 1,338 | 5 |
| 2024-03-06 | FY2023 | EBITDA margin | 16.3 | 5 |
| 2024-03-06 | FY2023 | EBIT margin | 14.2 | 5 |
| 2024-03-06 | FY2023 | EBIT | 269.5 (EUR million) | 5 |
| 2024-03-06 | FY2023 | Depreciation | 41.5 | 5 |
| 2024-03-06 | FY2023 | Days sales outstanding | 41.3 | 5 |
| 2024-03-06 | FY2023 | Accrued liabilities | 123.3 | 5 |
| 2023-11-09 | 2023-Q3 | Net working capital ratio | 21.0% | 4 |
| 2023-11-09 | 2023-Q3 | Net working capital | 352.9 million | 4 |
| 2023-11-09 | 2023-Q3 | Inverter output sold | 12,890 MW | 4 |
| 2023-11-09 | 2023-Q3 | Export ratio | 60.9% | 4 |
| 2023-11-09 | 2023-Q3 | Equity ratio | 41.1% | 4 |
| 2023-11-09 | 2023-Q3 | Equity | 641.9 million | 4 |
| 2023-11-09 | 2023-Q3 | EBITDA margin | 17.3% | 4 |
| 2023-08-10 | 2023-H1 | Warranties provisions | 118,599 (EUR in €'000) | 3 |
| 2023-08-10 | 2023-H1 | Shareholders equity | 565,732 | 3 |
| 2023-08-10 | 2023-H1 | Service order backlog | 378.4 million | 3 |
| 2023-08-10 | 2023-H1 | Property plant equipment | 195,003 | 3 |
| 2023-08-10 | 2023-H1 | Product order backlog | 2,075.3 million | 3 |
| 2023-08-10 | 2023-H1 | Order backlog | 2,453.7 million | 3 |
| 2023-08-10 | 2023-H1 | Net working capital ratio | 18.2 | 3 |
| 2023-08-10 | 2023-H1 | Net working capital | 250.4 million | 3 |
| 2023-08-10 | 2023-H1 | Net cash | 304.6 million | 3 |
| 2023-08-10 | 2023-H1 | Inverter output sold | 7,213 | 3 |
| 2023-08-10 | 2023-H1 | Gross margin | 30.2 | 3 |
| 2023-08-10 | 2023-H1 | Export ratio | 59.5 | 3 |
| 2023-08-10 | 2023-H1 | Equity ratio | 39.5 | 3 |
| 2023-08-10 | 2023-H1 | EBITDA margin | 16.1 | 3 |
| 2023-08-10 | 2023-H1 | Days sales outstanding | 45.3 | 3 |
| 2023-05-11 | 2023-Q1 | Total assets prior year | 1,110.0 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Total assets | 1,264.8 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Order backlog service business Mar 31 2023 | 371.0 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Order backlog service business Mar 31 2022 | 475.3 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Order backlog product business Mar 31 2023 | 2,097.2 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Order backlog product business Mar 31 2022 | 572.1 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Order backlog Mar 31 2023 | 2,468.2 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Order backlog Mar 31 2022 | 1,047.4 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Net working capital ratio prior year | 22.4 | 2 |
| 2023-05-11 | 2023-Q1 | Net working capital ratio | 19.5 | 2 |
| 2023-05-11 | 2023-Q1 | Net working capital prior year | 238.5 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Net working capital | 236.2 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Inverter output sold Q1 2023 | 3,236 | 2 |
| 2023-05-11 | 2023-Q1 | Inverter output sold Q1 2022 | 2,788 | 2 |
| 2023-05-11 | 2023-Q1 | Inverter output sold 2022 | 12.2 | 2 |
| 2023-05-11 | 2023-Q1 | Gross margin Q1 2023 | 31.1 | 2 |
| 2023-05-11 | 2023-Q1 | Gross margin Q1 2022 | 20.7 | 2 |
| 2023-05-11 | 2023-Q1 | Export ratio Q1 2023 | 59.3 | 2 |
| 2023-05-11 | 2023-Q1 | Export ratio Q1 2022 | 72.4 | 2 |
| 2023-05-11 | 2023-Q1 | Export ratio 2022 | 68.8 | 2 |
| 2023-05-11 | 2023-Q1 | Equity ratio prior year | 41.8 | 2 |
| 2023-05-11 | 2023-Q1 | Equity ratio | 40.6 | 2 |
| 2023-05-11 | 2023-Q1 | Equity prior year | 463.5 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Equity | 513.1 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Employees abroad Q1 2023 | 1,121 | 2 |
| 2023-05-11 | 2023-Q1 | Employees abroad Q1 2022 | 1,008 | 2 |
| 2023-05-11 | 2023-Q1 | Employees abroad 2022 | 1,025 | 2 |
| 2023-05-11 | 2023-Q1 | EBITDA margin Q1 2023 | 16.3 | 2 |
| 2023-05-11 | 2023-Q1 | EBITDA margin Q1 2022 | 6.7 | 2 |
| 2023-05-11 | 2023-Q1 | EBITDA margin 2022 | 6.6 | 2 |
| 2023-05-11 | 2023-Q1 | EBIT margin Q1 2023 | 13.7 | 2 |
| 2023-05-11 | 2023-Q1 | EBIT margin Q1 2022 | 2.5 | 2 |
| 2023-05-11 | 2023-Q1 | Days sales outstanding prior year | 50.7 | 2 |
| 2023-05-11 | 2023-Q1 | Days sales outstanding | 49.3 | 2 |
| 2023-05-11 | 2023-Q1 | Cash and cash equivalents prior year | 165.4 (EUR million) | 2 |
| 2023-05-11 | 2023-Q1 | Cash and cash equivalents | 214.2 (EUR million) | 2 |
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Guidance Tracking (latest per metric/period · 15/29)#
All management forecasts (guidance) and their later outcome. Types: fiscal-year targets as well as quarterly/half-year targets; per metric and period the most recent statement applies, older versions can be expanded. The status is checked automatically against the actuals reported later: open (period still running), met, beaten, missed. For ranges (“X to Y”) reaching the range counts. Logged neutrally, no estimate of our own, no assessment.
Actuals: revenue in €m
| For period | Guided on | Metric | Guided | Actual | Verdict | Direction | Source |
|---|---|---|---|---|---|---|---|
| FY2026 | 2026-08-13 | Revenue | 1,625–1,725 | – | pending | raised | 14 |
| FY2026 | 2026-08-13 | EBITDA | 180–230 | – | pending | raised | 14 |
| FY2026 | 2026-08-13 | EBIT | 130–180 | – | pending | raised | 14 |
| FY2026 | 2026-05-13 | Inverter output sold | 19–22 | – | pending | initiated | 13 |
| FY2026 | 2026-05-13 | Net working capital | 13–16% | – | pending | initiated | 13 |
| FY2026 | 2026-03-12 | Capex | ~50 | – | pending | initiated | 13 |
| FY2026 | 2026-03-12 | Net cash | ~175 | – | pending | initiated | 13 |
| FY2025 | 2025-11-03 | Capex | ~105 | 105.7 | beat | – | 10 |
| FY2025 | 2025-11-03 | Inverter output sold | 19–21 | – | – | – | 10 |
| FY2025 | 2025-11-03 | Net working capital | 16–19 | – | – | – | 10 |
| FY2025 | 2025-11-03 | Net cash | ~150 | – | – | – | 10 |
| FY2025 | 2025-08-07 | EBITDA | 70–80 | -65.4 | miss | – | 12 |
| FY2025 | 2025-04-30 | Revenue | 1,500–1,650 | 1,516 | in line | – | 12 |
| FY2025 | 2025-04-30 | EBIT | 0–50 | -188.2 | miss | – | 12 |
| FY2025 | 2025-04-30 | Net working capital ratio | 23–27 | – | – | initiated | 9 |
| FY2024 | 2025-03-13 ° | Revenue | 1,450–1,500 | 1,530 | beat | cut | 8 |
| FY2024 | 2025-03-13 ° | EBITDA | -20–20 | -16 | in line | cut | 8 |
| FY2024 | 2025-03-13 ° | EBIT | -100–-50 | -93.1 | in line | cut | 8 |
| FY2024 | 2024-08-08 | Inverter output sold | 17–19 | – | – | cut | 7 |
| FY2024 | 2024-08-08 | Net working capital | 27–30 | – | – | raised | 7 |
| FY2024 | 2024-08-08 | Net cash | ~100 | – | – | cut | 7 |
| FY2024 | 2024-05-08 | Capex | ~200 | 119.8 | miss | raised | 7 |
| FY2023 | 2024-03-06 ° | Revenue | 1,350–1,500 | 1,904.1 | beat | confirmed | 5 |
| FY2023 | 2024-03-06 ° | EBITDA | 100–140 | 311 | beat | confirmed | 5 |
| FY2023 | 2024-03-06 ° | EBIT | 55–95 | 269.5 | beat | confirmed | 5 |
| FY2023 | 2023-11-09 | Inverter output sold | 18–19 | – | – | confirmed | 5 |
| FY2023 | 2023-08-10 | Net cash | ~275 | – | – | confirmed | 4 |
| FY2023 | 2023-08-10 | Net working capital | 19–23 | – | – | – | 3 |
| FY2023 | 2023-05-11 | Capex | ~85 | 95.1 | beat | confirmed | 4 |
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Development#
A condensed summary per reporting period as running text: what changed operationally, which drivers management names, how earnings and cash flow developed. Most recent period first, grouped by year; each text is written from the original report of that period, superscript numbers lead to the source.
FY2026
SMA Solar Technology reported revenue of 340.9 million in Q1 2026 and 345.7 million in Q2 2026, with inverter output sold up 7.9% year-on-year in Q1 13. First-half 2026 EBITDA reached €88.3 million compared to €9.1 million in H1 2025, primarily driven by US customs duty refunds and the reversal of prior-year inventory impairments in the Home & Business Solutions segment; H1 gross margin improved to 30.4% from 18.2% on the same basis 14. H1 2026 net income swung to a profit of €72.8 million from a loss of €42.4 million in H1 2025, reflecting both the special items noted and a recovery in underlying cost of sales 14. Following H1 results, management raised full-year 2026 guidance, lifting the sales range to €1,625–€1,725 million and EBITDA guidance to €180–€230 million 14. The restructuring program initiated in September 2024 continued, with H1 2026 headcount at 3,653 versus 3,878 a year earlier 14.
FY2025
SMA Solar Technology AG reported FY2025 consolidated sales of €1,516.0 million, a decline of 0.9% versus €1,530.0 million in 2024, as 7.9% growth in Large Scale & Project Solutions to €1,268.8 million was offset by a 30.2% drop in Home & Business Solutions to €247.2 million amid weak residential demand, falling electricity prices, and reduced government subsidies (12). Group EBIT worsened to -€188.2 million from -€93.1 million in 2024, driven primarily by inventory impairments and scrappage of €122.6 million, impairment of capitalized development projects of €40.2 million, and impairment of machinery and equipment of €29.7 million concentrated in the Home & Business Solutions segment (12). Reported EBITDA turned negative at -€65.4 million, below the September-revised guidance range of -€80 to -€30 million and far below the original forecast of €70-€110 million, while EBITDA excluding one-offs was €106.6 million versus €147.5 million in 2024 (12). Operating cash flow improved substantially to €143.0 million from -€124.8 million in 2024 through improved working capital management, and net liquidity strengthened to €176.4 million from €84.2 million at year-end 2024 (12). The company expanded its restructuring and transformation program during 2025, reducing headcount from 4,282 to 3,674 employees by year-end and targeting approximately €150 million in annual cost savings by end of 2027, with €124 million achieved in 2025 (12).
FY2024
SMA Solar Technology AG reported full-year 2024 revenue of €1,530.0 million, a decline of 19.7% from €1,904.1 million in 2023, as sharp contractions in the Home Solutions segment (-70.6%) and the Commercial & Industrial Solutions segment (-61.6%)–driven by normalized supply conditions and elevated distributor inventories–were only partially offset by 39.1% growth in the Large Scale & Project Solutions segment to €1,175.8 million 8. Group EBITDA fell to -€16.0 million (margin: -1.0%) from €311.0 million (margin: 16.3%) in 2023, weighed down by €113.4 million in inventory impairments and €33.4 million in restructuring provisions recognized in the second half of the year 8. Net income swung to a loss of -€117.7 million (EPS: -€3.39) from a profit of €225.7 million (EPS: +€6.50) in 2023, while operating cash flow turned negative at -€112.8 million and the company drew €145 million under its revolving credit facility, shifting the net position from net cash of €283.3 million at end-2023 to net debt of €0.4 million by year-end 2024 8. In September 2024, the Managing Board initiated a group-wide restructuring program, including the planned merger of the Home Solutions and Commercial & Industrial Solutions segments into a new Home & Business Solutions division in the first half of 2025 8.
FY2023
SMA Solar Technology AG reported full-year 2023 revenue of €1,904.1 million, up 78.5% from €1,065.9 million in 2022, driven by improved component availability, higher production volumes, and strong demand across all three business segments 5. EBIT improved from €31.9 million to €269.5 million, while EBITDA reached €311.0 million at a 16.3% margin compared to 6.6% in the prior year 5. Net income grew to €225.7 million from €55.8 million and earnings per share rose from €1.61 to €6.50 5. The company raised its full-year 2023 guidance three times during the year and ultimately exceeded all revised guidance ranges; all three segments – Home Solutions, Commercial & Industrial Solutions, and Large Scale & Project Solutions – generated positive EBIT 4 5. Net cash improved to €283.3 million from €220.1 million and the GIGAWATT FACTORY groundbreaking was held in April 2023 targeting doubled production capacity of 40 GW by 2025 5.
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Glossary#
- Revenue: Revenue from contracts with customers, net of sales deductions, as the company itself reports it; not total output, gross revenue, GMV or order intake.
- Op. income: The operating line of the income statement; EBIT only as a marked fallback, never pre-tax or ordinary income.
- Net income: Net income attributable to the shareholders of the parent, after discontinued operations; not the result including minority interests, not comprehensive income.
- EPS: Diluted earnings per share attributable to the shareholders of the parent; a printed figure always beats a calculated one, calculated values are marked.
- FCF: Free cash flow = operating cash flow minus capital expenditure on property, plant and equipment; the company's own free cash flow figure is shown separately.
- OCF: Cash flow from operating activities as reported; IFRS companies may show interest paid in financing cash flow, so the figure is not always comparable.
- Cash: Cash and cash equivalents, without securities unless the company reports them as part of the position.
- Net Debt: Net debt = financial debt excluding lease liabilities minus cash at the same reporting date; the company's own net position may differ.
- *: derived, the formula is in the hover
- ≈: calculated, approximation
- ~: uncertain; the value stays visible, verdicts do not use it
- °: repaired by a targeted query against the document, or curated with documentary evidence
- EBIT: EBIT as a fallback: the income statement carries no operating line
- basic: basic earnings per share as a fallback when diluted is missing
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Sources: official investor relations documents#
All original documents used, with type (e.g. quarterly, half-year, annual report), publication date and a direct link to the filing (EDINET/SEC/IR). Every superscript number in the report points to an entry in this list; so every figure can be traced back to its place in the original.
14 documents · 2021 – 2026 · IR
| # | Document type | Published | Link |
|---|---|---|---|
| #9 / #111 | IR-Quarter | – | Open |
| #12 / #114 | IR-Annual | – | Open |
| #2 / #102 | IR-Quarter | 2023-05-11 | Open |
| #3 / #103 | IR-Half | 2023-08-10 | Open |
| #4 / #104 | IR-Quarter | 2023-11-09 | Open |
| #5 / #105 | IR-Annual | 2024-03-06 | Open |
| #6 / #107 | IR-Quarter | 2024-05-08 | Open |
| #7 / #108 | IR-Half | 2024-08-08 | Open |
| #8 / #109 | IR-Annual | 2025-03-13 | Open |
| #11 / #113 | IR-Half | 2025-08-07 | Open |
| #10 / #112 | IR-Quarter | 2025-11-03 | Open |
| #13 / #115 | IR-Quarter | 2026-05-13 | Open |
| #14 / #116 | IR-Quarter | 2026-08-13 | Open |
Older sources (+1)
| # | Document type | Published | Link |
|---|---|---|---|
| #1 | IR-Report | 2021-03-25 | Open |
FAQ#
Is there a management forecast (guidance) for FY2026?
Yes. Management has issued targets for FY2026, including Revenue. The guidance tracking chapter shows all targets and checks them against the actuals reported later; neutral, with no estimate of our own.
Which additional key figures does SMA Solar Technology AG report?
As reported for Q2 2026: Shareholders' equity as of June 30, 2026, Gross cash flow. The chapter Reported KPIs lists every value with its source. Revenue is broken down by Germany, C&I Solutions, EMEA, Americas.
Does SMA Solar Technology AG pay a dividend?
The filings report on the dividend; most recent entry: dividend per share 17,350 (2024-H1) (as reported, no assessment of our own). Details with source links are in the report chapters.
Where can I find the official investor relations documents of SMA Solar Technology AG?
The sources chapter links all 27 original filings used (IR documents) with type, publication date and a direct link; every figure in the report carries a source number.
More reports#
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