SMA Solar Technology revenue and financials
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In the fiscal year ended December 2025, SMA Solar Technology reported revenue of €1.52B (−0.91% year over year). The net loss was €181.13M.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −0.91%
- 2025 vs 2024
- Net margin
- -11.9%
- 2024: -7.7%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 143 | -125 | 141 | 28.7 | 94.3 |
| Depreciation and amortization | 69.3 | 37.6 | 30.7 | 29.2 | 30.6 |
| Capital expenditure | -16.8 | -46.8 | -44.4 | -25.9 | -17.6 |
| Investing cash flow | -33.3 | -16.8 | -86.0 | 42.5 | -81.6 |
| Financing cash flow | -112 | 117 | -2.6 | -19.3 | -20.8 |
| Dividends paid | — | -17.4 | — | — | -10.4 |
| Debt issued | 0.3 | 146 | 6.4 | 0.0 | — |
| Effect of exchange rates | -2.7 | 0.8 | 1.8 | -0.5 | -1.6 |
| Net change in cash | -5.0 | -23.6 | 54.0 | 51.4 | -9.7 |
| Free cash flow | 126 | -172 | 96.4 | 2.8 | 76.7 |
| Levered free cash flow | 210 | -106 | -15.1 | -16.3 | -12.8 |