SOLAREDGE TECHNOLOGIES, INC.

SolarEdge Technologies, Inc. announced that Chief Revenue Officer Daniel Huber has resigned from his position. His employment will conclude on March 31, 2027, fulfilling his notice period. Mr. Huber is entitled to his 2026 annual bonus, calculated based on the average target achievement of the management team. The company stated that his resignation is not a result of any disagreements.

SolarEdge Technologies reported a significant narrowing of its net loss for the second quarter of 2026, reaching $30.75 million compared to $124.74 million in the same period last year. Revenue for the quarter increased by 19.6% to $346.25 million, driven by a substantial rise in gross profit to $95.15 million. For the first six months of 2026, the company generated $35.84 million in net cash from operating activities, while total current assets grew to $1.87 billion.

SolarEdge Technologies, Inc. announced its second quarter 2026 financial results, reporting revenue of $346.2 million, a 20% year-over-year increase. The company returned to non-GAAP operating profitability for the first time since Q2 2023, achieving $10.2 million in non-GAAP operating income, and marked its sixth consecutive quarter of gross margin expansion. SolarEdge also generated positive free cash flow of $3.1 million and provided Q3 2026 revenue guidance between $310 million and $340 million.

SolarEdge Technologies' Compensation Committee approved a special cash bonus of NIS 279,000 for former Chief Financial Officer Asaf Alperovitz. This amount, equivalent to two months of his base salary, was granted in recognition of his excellent performance and professionalism during his transition period. Mr. Alperovitz had previously stepped down from his CFO role effective May 31, 2026.

SolarEdge Technologies announced the appointment of Maoz Sigron as its new Chief Financial Officer, effective May 31, 2026. Mr. Sigron will also serve as the Principal Accounting Officer. He succeeds Asaf Alperovitz, who is stepping down to pursue another opportunity but will remain in a transitional capacity until June 9, 2026. Mr. Sigron brings over 20 years of financial and operational experience, including previous CFO and COO roles at Perion Network Ltd. His compensation package includes a monthly salary, target annual bonus, and initial equity grants totaling $1.4 million.

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.

SolarEdge Technologies, Inc. announced its financial results for the first quarter ended March 31, 2026, reporting GAAP revenue of $310.5 million and a GAAP net loss of $57.4 million. Non-GAAP net loss was $26.3 million. CEO Shuki Nir highlighted strong execution, continued innovation, and business acceleration, with 46% year-over-year revenue growth and a sixth consecutive quarter of margin expansion, expecting a return to profitability in Q2. The company provided Q2 2026 guidance, projecting revenues between $325 million and $355 million and Non-GAAP gross margin of 23% to 27%.