Emeren Group, Ltd. (SOL)

SOL Income Statement

Revenue, expenses, and profitability analysis

SOL Quarterly Income Statement (USD)

Quarterly Report	TTM	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024	03/31/2024	12/31/2023
Revenue	71.226M	15.641M	12.881M	8.154M	34.550M	12.860M	30.057M	14.600M	44.972M
Cost of Goods Sold	47.048M	6.126M	6.214M	4.945M	29.763M	7.229M	20.675M	10.278M	39.899M
Gross Profit	24.178M	9.515M	6.667M	3.209M	4.787M	5.631M	9.382M	4.322M	5.073M
Gross Profit Margin	60.8%	60.8%	51.8%	39.4%	13.9%	43.8%	31.2%	29.6%	11.3%
Total Operating Expenses	59.663M	2.694M	40.487M	7.307M	9.175M	3.490M	6.423M	5.535M	11.818M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	24.822M	1.340M	9.711M	4.516M	9.255M	3.967M	5.411M	4.683M	9.377M
Operating Income (EBIT)	-35.485M	6.821M	-33.820M	-4.098M	-4.388M	2.141M	2.959M	-1.213M	-6.745M
Operating Margin	43.6%	43.6%	-262.6%	-50.3%	-12.7%	16.6%	9.8%	-8.3%	-15.0%
Income Before Tax (EBT)	-32.119M	5.132M	-25.722M	2.137M	-13.666M	6.321M	2.088M	-4.331M	-1.430M
Interest Income	1.352M	303K	452K	416K	181K	243K	485K	520K	190K
Interest Expense	3.093M	1.557M	745K	379K	412K	674K	518K	385K	764K
Other Income/Expense	3.366M	-1.689M	8.098M	6.235M	-9.278M	4.180M	-871K	-3.118M	5.315M
Net Income	-5.325M	3.469M	1.453M	1.540M	-11.787M	4.843M	392K	-5.925M	-1.950M
Income Tax Expense	2.337M	1.663M	1.140M	658K	-1.124M	647K	1.342M	1.157M	2.051M
Net Profit Margin	22.2%	22.2%	11.3%	18.9%	-34.1%	37.7%	1.3%	-40.6%	-4.3%
EBITDA	-20.642M	8.692M	-22.617M	4.624M	-11.341M	8.795M	4.006M	-2.195M	1.712M
EBITDA Margin	55.6%	55.6%	-175.6%	56.7%	-32.8%	68.4%	13.3%	-15.0%	3.8%
Depreciation & Amortization	8.384M	2.003M	2.360M	2.108M	1.913M	1.800M	1.400M	1.751M	2.378M
EPS Basic	-0.10	0.07	0.03	0.03	-0.23	0.10	0.01	-0.11	-0.15
EPS Diluted	-0.10	0.07	0.03	0.03	-0.23	0.09	0.01	-0.11	-0.15
Shares Outstanding	51.322M	51.322M	51.322M	51.322M	51.317M	51.255M	51.283M	53.554M	55.198M
Diluted Shares Outstanding	51.341M	51.341M	51.341M	51.845M	51.352M	51.352M	51.374M	53.554M	55.198M

SOL Annual Income Statement (USD)

Annual Report	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Revenue	92.067M	105.642M	61.291M	79.662M	73.503M	119.117M	96.906M	102.974M
Cost of Goods Sold	67.945M	80.629M	45.955M	48.237M	56.817M	84.891M	68.837M	88.842M
Gross Profit	24.122M	25.013M	15.336M	31.425M	16.686M	34.226M	28.069M	14.132M
Gross Profit Margin	26.2%	23.7%	25.0%	39.4%	22.7%	28.7%	29.0%	13.7%
Total Operating Expenses	24.626M	33.674M	17.969M	18.772M	9.906M	35.190M	12.538M	7.576M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	23.314M	26.359M	17.623M	17.304M	14.946M	16.507M	11.085M	7.889M
Operating Income (EBIT)	-504K	-8.661M	-2.633M	12.652M	6.780M	-964K	15.531M	6.556M
Operating Margin	-0.5%	-8.2%	-4.3%	15.9%	9.2%	-0.8%	16.0%	6.4%
Income Before Tax (EBT)	-9.589M	-2.902M	-2.631M	7.389M	2.319M	-10.575M	4.907M	3.522M
Interest Income	1.429M	1.794M	657K	1.655M	976K	823K	194K	51K
Interest Expense	1.988M	2.205M	3.167M	5.154M	6.206M	9.160M	8.704M	3.936M
Other Income/Expense	-9.085M	5.759M	2K	-5.264M	-4.461M	-9.611M	-10.624M	-3.034M
Net Income	-12.477M	-3.186M	-4.672M	6.862M	2.779M	-8.831M	1.759M	34.458M
Income Tax Expense	2.021M	2.529M	1.917M	774K	163K	1.105M	-189K	322K
Net Profit Margin	-13.6%	-3.0%	-7.6%	8.6%	3.8%	-7.4%	1.8%	33.5%
EBITDA	-686K	7.133M	7.353M	19.337M	15.867M	6.381M	22.014M	11.934M
EBITDA Margin	-0.7%	6.8%	12.0%	24.3%	21.6%	5.4%	22.7%	11.6%
Depreciation & Amortization	6.915M	7.830M	6.817M	6.794M	7.342M	7.796M	8.402M	4.476M
EPS Basic	-0.24	-0.06	0.09	0.10	0.06	-0.22	0.05	1.40
EPS Diluted	-0.24	-0.06	0.09	0.10	0.06	-0.22	0.05	1.40
Shares Outstanding	51.845M	56.527M	64.924M	68.906M	49.166M	40.596M	38.075M	24.690M
Diluted Shares Outstanding	51.845M	56.527M	64.924M	69.841M	49.788M	40.596M	38.075M	24.691M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Emeren Group, Ltd.

Emeren Group Ltd is a company primarily focused on the creation, ownership, and ongoing management of solar energy facilities. Their specialized expertise covers the entire lifecycle of solar projects, encompassing strategic planning, overseeing construction, and securing the necessary financial resources.

Norwalk, CT

197 employees

emeren.com

Energy / Solar

Sector: Energy
Industry: Solar
CEO: Julia Xu

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