| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 310.50 | 41.5% |
| Total Income | 310.50 | 41.5% |
| Expenditure | 365.54 | 13.4% |
| PBT | -56.08 | 39.4% |
| Net Profit | -57.37 | 41.8% |
| OPM | -17.73% | 29.08pp |
| NPM | -18.48% | 26.41pp |
| EPS | -0.95 | 44.1% |
SolarEdge Announces Q1 2026 Financial Results
06 May 2026 · 6 May, 4:37 pm
Summary
SolarEdge Technologies, Inc. announced its financial results for the first quarter ended March 31, 2026. The company reported revenues of $310.5 million. GAAP gross margin was 22.0%. GAAP operating loss was $55.0 million. For the second quarter ending June 30, 2026, the company expects revenues to be in the range of $325 million to $355 million and non-GAAP gross margin to be between 23% and 27%.
Key Highlights
- 1
SolarEdge reported revenues of $310.5 million for the first quarter of 2026.
- 2
GAAP gross margin was 22.0% in the first quarter of 2026.
- 3
GAAP operating loss was $55.0 million for the first quarter of 2026.
- 4
GAAP net loss per share was $0.95 in the first quarter of 2026.
- 5
Cash and investments portfolio, net of debt, grew by $2.0 million to $246.2 million as of March 31, 2026.
- 6
The company expects revenues to be within the range of $325 million to $355 million for the second quarter of 2026.
- 7
Non-GAAP gross margin is expected to be within the range of 23% to 27% for the second quarter of 2026.
Management Comments
Shuki Nir
Our first quarter results reflect strong execution, continued innovation, and business acceleration, with 46% year-over-year revenue growth and a sixth consecutive quarter of margin expansion. At the midpoint of our Q2 outlook, we expect to be close to breakeven operating profitability. With a return to profitability in sight, we have shifted decisively to offense and are focused on rolling out the SolarEdge Nexis platform and advancing our AI data-center power roadmap.
Informational and educational content only. Not investment advice.