5 unchanged sentences
Foreign Currency Exchange Risk
−Removed: Approximately 34.1% and 48.3% of our revenues for the six months ended June 30, 2025, and June 30, 2024, respectively, were earned in non-U.S.
+Added: Approximately 34.9% and 62.3% of our revenues for the nine months ended September 30, 2025, and September 30, 2024, respectively, were earned in non-U.S.
dollar denominated currencies other than the U.S.
5 unchanged sentences
A hypothetical 10% change in foreign currency exchange rates between the Euro and the U.S.
−Removed: dollar would increase or decrease our net income by $11.4 million for the six months ended June 30, 2025.
+Added: dollar would increase or decrease our net income by $12.8 million for the nine months ended September 30, 2025.
A hypothetical 10% change in foreign currency exchange rates between NIS and the U.S.
−Removed: dollar would increase or decrease our net income by $19.8 million for the six months ended June 30, 2025.
+Added: dollar would increase or decrease our net income by $4.5 million for the nine months ended September 30, 2025.
For purposes of our consolidated financial statements, local currency assets and liabilities are translated at the rate of exchange to the U.S.
8 unchanged sentences
Our trade accounts receivables potentially expose us to a concentration of credit risk with our major customers.
−Removed: As of June 30, 2025, one major customer accounted for approximately 25.3% of our consolidated trade receivables, net balance.
−Removed: As of June 30, 2024, two major customers jointly accounted for approximately 25.3% of our consolidated trade receivables, net balance.
−Removed: For the three months ended June 30, 2025, three major customers accounted for approximately 44.6% of our total revenues.
−Removed: For the three months ended June 30, 2024, one major customer accounted for approximately 11.3% of our total revenues.
−Removed: For the six months ended June 30, 2025 two major customers accounted for approximately 24.0% of our total revenues.
−Removed: For the six months ended June 30, 2024 no single major customer contributed more than 10% of our total revenues.
+Added: As of September 30, 2025, two major customers accounted for approximately 40.1% of our consolidated trade receivables, net balance.
+Added: As of September 30, 2024, three major customers jointly accounted for approximately 37.4% of our consolidated trade receivables, net balance.
+Added: For the three months ended September 30, 2025, one major customer accounted for approximately 23.1% of our total revenues.
+Added: For the three months ended September 30, 2024, one major customer accounted for approximately 16.7% of our total revenues.
+Added: For the nine months ended September 30, 2025 two major customers accounted for approximately 32.4% of our total revenues.
+Added: For the nine months ended September 30, 2024 one major customer accounted for approximately 11.0% of our total revenues.
+Added: SOLAREDGE TECHNOLOGIES INC.
+Added: | 2025 Form 10-Q | 18
Commodity Price Risk
2 unchanged sentences
Significant price changes for these raw materials could reduce our operating margins if we are unable to recover such increases from our customers, and could harm our business, financial condition, and results of operations.
−Removed: SOLAREDGE TECHNOLOGIES INC.
−Removed: | 2025 Form 10-Q | 20
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.