SOLAREDGE TECHNOLOGIES, INC. (SEDG) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	10-Q	10-Q	10-Q	10-Q	8-K	10-Q	10-Q
Revenues	991.3	943.9	836.7	727.8	655.1	551.9	526.4	480.1
Revenues growth	36.2%	44.1%	59.0%	51.6%	61.6%	54.1%	55.7%	44.7%
Cost of revenues	674.0	643.8	614.7	545.1	476.1	391.4	353.8	323.9
Gross profit	317.3	300.1	222.0	182.6	179.0	160.5	172.6	156.2
Gross margin	32.0%	31.8%	26.5%	25.1%	27.3%	29.1%	32.8%	32.5%

Operating expenses:
Research and development	86.5	79.9	69.7	74.8	66.3	64.3	55.7	52.7
Sales and marketing	44.2	41.0	42.7	39.0	35.3	33.2	29.4	29.5
General and administrative	36.2	36.6	27.9	28.1	26.4	21.9	21.1	19.4
Other operating expense (income), net		-1.4	-2.7	4.7				-0.9
Total operating expenses	166.9	156.0	137.6	297.3	128.1	119.5	106.1	100.6
Operating income	150.4	144.2	84.4	36.0	50.9	41.0	66.4	55.6
Operating margin	15.2%	15.3%	10.1%	4.9%	7.8%	7.4%	12.6%	11.6%
Financial income (expense), net	3.4	23.7		-14.3	-4.6
Other loss		-0.1			-0.8
Income before income taxes	153.7	167.7	58.9	21.7	45.4		60.7	53.8
Income taxes	34.2	29.3	34.2	6.6	12.3	-6.2	7.6	8.7
Net income	119.5	138.4	24.7	15.1	33.1		53.0	45.1

Net income per share:
Net basic earnings per share of common stock	$2.12	$2.46	$0.44	$0.27	$0.62		$1.01	$0.87
Net diluted earnings per share of common stock	$2.03	$2.35	$0.43	$0.26	$0.60		$0.96	$0.82

Weighted average number of shares used in computing net basic earnings per share of common stock	56.4	56.2	55.7	55.5	53.1		52.4	52.1
Weighted average number of shares used in computing net diluted earnings per share of common stock	59.2	59.2	58.7	58.6	56.3		55.9	55.9