10-K · February 25, 2026
SolarEdge describes a strategy centered on its DC-optimized inverter system, module-level Power Optimizers, and the SolarEdge ONE energy-management platform while expanding into batteries, EV chargers and VPP/grid…
Earnings analysis · 10-Q
SEDG earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
SolarEdge Technologies reported Q1 2026 revenues of $310.5 million, marking a 41.5% increase compared to $219.5 million in Q1 2025, supported by better demand for batteries and power optimizers. However, the company…
Read full summary
SolarEdge Technologies reported Q1 2026 revenues of $310.5 million, marking a 41.5% increase compared to $219.5 million in Q1 2025, supported by better demand for batteries and power optimizers. However, the company recorded an EPS of -0.43, disappointing versus the consensus estimate of -0.32, but showing an improvement from -0.70 a year ago, reflecting continued efforts to manage costs and restructure operations.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.43
- Gross margin
- 22.0%
- Segment
- Power Optimizers
- Segment
- Batteries
- Segment
- Solar Products
What stood out
-
Revenue Increased Significantly
Revenue rose to $310.5M in Q1 2026, up 41.5% from $219.5M in Q1 2025.
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Improved Gross Margin
Gross margin improved to 22.0%, up from 8.0% in Q1 2025, indicating better pricing and product mix.
-
Decreased Net Loss
Net loss reduced to $57.4 million from $98.5 million year-over-year, a 41.8% improvement.
-
Operating Cash Flow Positive
Operating cash flow was $24.4 million in Q1 2026, though down from $33.8 million in Q1 2025.
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Segment Focus on Core Products
Management continues to streamline operations, focusing on high-potential markets and products.
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Strategic Partnership Growth
Continued growth in power optimizer sales, contributing an additional $35.9 million to revenue.
What to watch
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Ongoing Negative EPS
EPS reported was -0.43, disappointing relative to the -0.32 consensus estimate.
-
Geopolitical Uncertainty Impacting Business
Conflicts in Israel could affect operations, with 6.8% of workforce called to military duty in Q1 2026.
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Supply Chain Vulnerabilities
Continued disruptions due to global trade tensions and tariff uncertainties could affect profitability.
Management's outlook
Management has not provided explicit numerical guidance in this filing.
Earlier filings 4
10-Q · August 7, 2025
Q2 2025 results show revenue and gross-margin inflection: revenue of $289.43M (up $24.02M vs Q2 2024) and positive gross profit of $32.13M (11.1% margin) versus a gross loss in prior year. Operating loss narrowed to…
10-Q · November 7, 2024
SolarEdge reported a sharp quarter-over-quarter deterioration: Q3 revenue fell to $260,903,000 and the company posted a net loss of $1,205,321,000 (EPS -$21.13). Management recorded massive inventory write-downs and…
10-Q · August 7, 2024
SolarEdge Technologies reported significant declines in revenue and net income for the second quarter of 2024 compared to the same quarter in 2023, reflecting ongoing demand challenges in the solar market. Revenue…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.