Earnings ·
Reports Q3 revenue of $326.1 million and issues Q4 guidance of $245M-$275M
SEDGSolaredge Technologies, Inc.
SolarEdge Technologies reported third-quarter 2026 revenue of $326.1 million, down 5.8% from the prior quarter but in line with the midpoint of guidance. GAAP gross margin improved to 33.2%, aided by a $36.0 million benefit related to IEEPA tariff matters. The company posted a GAAP net loss of $8.4 million and non-GAAP net income of $21.1 million, while generating $7.8 million in free cash flow for the fifth consecutive quarter. Management cited near-term market uncertainty and reduced revenue expectations for the fourth quarter, prompting cost reduction measures. Q4 2026 revenue guidance is set between $245 million and $275 million with non-GAAP gross margin expected between 17% and 21%. SolarEdge Technologies develops and produces smart energy technology solutions, including PV inverters, power optimizers, and energy storage systems for residential and commercial segments.