Quarterly ResultMay 7, 2026, 06:42 AM
SolarEdge Q1 Revenue +41.5% to $310.5M; Net Loss $(57.4)M, EPS $(0.95)
AI Summary
SolarEdge Technologies reported a significant improvement in its first quarter 2026 financial results, with revenues increasing by 41.5% year-over-year to $310.5 million. The company's net loss narrowed to $(57.4) million, or $(0.95) per share, a substantial improvement from the $(98.5) million net loss, or $(1.70) per share, in the prior year. Gross profit also saw a remarkable increase of 289.4% to $68.3 million, indicating improved operational efficiency despite continued losses.
Key Highlights
- Revenue increased 41.5% to $310.5 million for Q1 2026, up from $219.5 million in Q1 2025.
- Net loss improved to $(57.4) million in Q1 2026, compared to $(98.5) million in Q1 2025.
- Diluted loss per share was $(0.95) for Q1 2026, an improvement from $(1.70) in Q1 2025.
- Gross profit surged 289.4% to $68.3 million in Q1 2026, from $17.5 million in Q1 2025.
- Operating loss narrowed to $(55.0) million in Q1 2026, down from $(102.7) million in Q1 2025.
- Cash and cash equivalents increased to $512.4 million as of March 31, 2026, from $455.1 million at December 31, 2025.
- Total inventories, net, rose to $596.8 million as of March 31, 2026, from $552.6 million at December 31, 2025.
- Warranty obligations decreased to $321.8 million as of March 31, 2026, from $357.9 million at December 31, 2025.
Price Impact
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