Earnings ·
SolarEdge Technologies announced second quarter 2026 financial results for the period ended June 30, 2026
SEDGSolaredge Technologies, Inc.
SolarEdge Technologies announced second quarter 2026 financial results for the period ended June 30, 2026. GAAP revenue reached $346.2 million, a 19.6% increase year-over-year and an 11.5% sequential rise. The company reported a GAAP net loss of $30.8 million, narrowing significantly from the prior quarter's $57.4 million loss and the previous year's $124.7 million loss. Non-GAAP operating income turned positive at $10.2 million, marking the first return to non-GAAP operating profitability since Q2 2023. Gross margin expanded to 27.5% GAAP and 28.6% Non-GAAP, benefiting from a $13.3 million IEEPA tariff adjustment. Free cash flow was positive at $3.1 million. The company provided third quarter guidance of $310–$340 million in revenue with non-GAAP gross margins between 22% and 26%. SolarEdge Technologies operates in the renewable energy industry, developing smart energy technology including solar PV inverters, power optimizers, and energy storage solutions.