---
schema_version: "secwatch.filing_event.v1"
accession: "0001178913-23-002658"
form_type: "8-K"
ticker: "SEDG"
cik: "0001419612"
company_name: "SOLAREDGE TECHNOLOGIES, INC."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:37:08.545552+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SolarEdge Q2 revenue $991.3M record, up 36% YoY; Q3 guidance below Q2 levels

## Summary
- Record revenue $991.3M (+36% YoY); solar segment revenue $947.4M (+38% YoY).
- GAAP gross margin 32.0% vs 25.1% YoY; non-GAAP diluted EPS $2.62 vs $0.95 YoY.
- Operating cash flow negative $88.7M in Q2 vs positive $77.4M YoY; cash net of debt $853.5M.
- Q3 guidance: revenue $880-920M, non-GAAP gross margin 28-31%, down from Q2 levels.
- CEO cites US residential headwinds from higher interest rates; Europe strong.

## SEC filing metadata
- accession: 0001178913-23-002658
- form_type: 8-K
- ticker: SEDG
- cik: 0001419612
- company_name: SOLAREDGE TECHNOLOGIES, INC.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419612/000117891323002658/0001178913-23-002658-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419612/000117891323002658/zk2330076.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001178913-23-002658
- JSON: https://secwatch.observer/filing/0001178913-23-002658.json
- Plain text: https://secwatch.observer/filing/0001178913-23-002658.txt

## Key facts
- Earnings Releases
  SOLAREDGE TECHNOLOGIES, INC. reported the second quarter ended June 30, 2023 results: revenue record revenues of $991.3 million, net income GAAP net income of $119.5 million, EPS GAAP net diluted earnings per share ("EPS") of $2.03. Guidance initiated.
  - Period: the second quarter ended June 30, 2023
  - Revenue: record revenues of $991.3 million
  - Net income: GAAP net income of $119.5 million
  - EPS: GAAP net diluted earnings per share ("EPS") of $2.03
  - Guidance: initiated
  - Result: reported results
  source text: a global leader in smart energy technology, today announced its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights • Record revenues of $991.3 million • Record revenues from solar segment of $947.4 million • GAAP gross margin of 32.0% • Non-GAAP gross margin* of 32.7% • Gross margin from solar segment of 34.7% • Record GAAP
  evidence_url: https://www.sec.gov/Archives/edgar/data/1419612/000117891323002658/0001178913-23-002658-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.