Recent Updates — SEDG

Daniel Huber resigned from his position as Chief Revenue Officer of SolarEdge Technologies, Inc., with employment termination effective March 31, 2027. The resignation follows the notice period required under his existing employment agreement and is not due to any disagreement regarding operations or policies. Mr. Huber will receive his 2026 annual bonus based on average management target achievement. SolarEdge Technologies designs and manufactures solar power optimization and monitoring solutions for residential, commercial, and utility-scale applications.

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.

Following his departure as Chief Financial Officer on May 31, 2026, former CFO Asaf Alperovitz received a special cash bonus of NIS 279,000. The Compensation Committee approved this payment on June 22, 2026, to recognize his performance and professionalism during a transitional period that concluded on June 9, 2026. The bonus represents two months of his base salary. SolarEdge Technologies, Inc. is a provider of solar inverter and energy storage solutions.