)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
SMA Solar (S92) investor relations material
SMA Solar Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary7 Aug, 2025
Executive summary
H1 2025 sales declined to €685M from €759M year-over-year, with Large Scale & Project Solutions growing but Home & Business Solutions (HBS) falling sharply.
EBITDA dropped to €9M (1.3% margin) from €81M (10.6%) year-over-year, mainly due to one-time effects and inventory write-offs.
Free cash flow improved to €66M from negative €23M last year, driven by net working capital reductions.
Order backlog decreased to €1,161M from €1,349M, reflecting softer demand in HBS and the US.
Restructuring and transformation programs are underway, including segment mergers and staff reductions.
Financial highlights
EBITDA margin fell to 1.3% from 10.6% year-over-year; EBIT margin dropped to -3% from 7%.
Net cash increased to €135M at H1 end, with financial liabilities halved to €70M.
Free cash flow turned positive at €66M, mainly due to working capital measures.
Net working capital reduced to €283M (19.4% of sales LTM), below the targeted 23–27% range.
Net income for H1 2025 was -€42.4M, down from €44.1M in H1 2024.
Outlook and guidance
2025 sales and EBITDA expected at the lower end of guidance: sales €1,500–1,550M, EBITDA €70–80M.
Large Scale & Project Solutions sales expected slightly above 2024; HBS sales to decline significantly.
Further cost optimization and restructuring measures are under review if HBS outlook worsens.
Capital expenditure for 2025 forecast at ~€115M, focused on new products and digital solutions.
Market environment remains challenging due to macroeconomic headwinds and US tariff uncertainties.
Assess impact of US tax law changes.
Explain Home & Business Solutions EBIT decline.
What is the status of the Gigawatt Factory?
HBS: What are the strategic options being evaluated?
What drives Large Scale's 2026 EUR 1B sales confidence?
Expected benefit of US localization on project costs?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next SMA Solar earnings date
Q3 202513 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
SMA Solar Technology AG is a global market leader and innovative pioneer in the design and production of electrical systems for the conversion and supply of solar, wind, hydro, and other forms of renewable energy. The company's product range includes inverters for photovoltaic systems, medium-voltage products for solar applications as well as high-voltage and high-power electrical components for wind turbines, hydroelectric plants, and conventional power stations. SMA Solar Technology AG was founded in 1981 and is headquartered in Niestetal, Germany.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage