---
schema_version: "secwatch.filing_event.v1"
accession: "0001178913-23-003352"
form_type: "8-K"
ticker: "SEDG"
cik: "0001419612"
company_name: "SOLAREDGE TECHNOLOGIES, INC."
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:18:47.967534+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# SolarEdge slashes Q3 guidance; revenue now $720-730M vs prior $880-920M; gross margin halved

## Summary
- Revenue expected $720-730M, well below prior guidance of $880-920M; GAAP gross margin 19-20%, down from 28-31%.
- Non-GAAP gross margin 20.1-21.1% vs prior 28-31%; GAAP operating loss $9-28M; non-GAAP operating income $12-31M vs $115-135M.
- CEO Zvi Lando cites substantial unexpected cancellations and pushouts from European distributors due to high channel inventory and slower installations.
- Q4 2023 revenues expected to be significantly lower as inventory destocking continues.
- Company notes Israeli conflict has not interrupted operations; all facilities open worldwide.

## SEC filing metadata
- accession: 0001178913-23-003352
- form_type: 8-K
- ticker: SEDG
- cik: 0001419612
- company_name: SOLAREDGE TECHNOLOGIES, INC.
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419612/000117891323003352/0001178913-23-003352-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419612/000117891323003352/zk2330394.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001178913-23-003352
- JSON: https://secwatch.observer/filing/0001178913-23-003352.json
- Plain text: https://secwatch.observer/filing/0001178913-23-003352.txt

## Key facts
- Earnings Releases
  SOLAREDGE TECHNOLOGIES, INC. updated its the third quarter ended September 30, 2023 guidance (lowered).
  - Period: the third quarter ended September 30, 2023
  - Guidance: lowered
  - Result: preliminary results
  source text: On October 19, 2023, SolarEdge Technologies, Inc. (the “Company”) issued a press release announcing selected preliminary financial results for its fiscal third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1419612/000117891323003352/0001178913-23-003352-index.htm

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