---
schema_version: "secwatch.filing_event.v1"
accession: "0001178913-24-001634"
form_type: "8-K"
ticker: "SEDG"
cik: "0001419612"
company_name: "SOLAREDGE TECHNOLOGIES, INC."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T09:30:51.846346+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SolarEdge Q1 revenue $204.4M, down 78% YoY; GAAP net loss $2.75 per share

## Summary
- Revenue $204.4M, down 35% QoQ and 78% YoY; solar segment $190.1M, down 79% YoY.
- GAAP gross margin -12.8% (non-GAAP -6.5%); GAAP operating loss $173.7M.
- GAAP net loss $157.3M ($2.75/share); non-GAAP net loss $108.6M ($1.90/share).
- Shipped 946 MW (AC) inverters and 128 MWh of batteries for PV applications.
- CEO cites inventory clearing and seasonality; expects revenue improvement in coming quarters.

## SEC filing metadata
- accession: 0001178913-24-001634
- form_type: 8-K
- ticker: SEDG
- cik: 0001419612
- company_name: SOLAREDGE TECHNOLOGIES, INC.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419612/000117891324001634/0001178913-24-001634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419612/000117891324001634/zk2431427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001178913-24-001634
- JSON: https://secwatch.observer/filing/0001178913-24-001634.json
- Plain text: https://secwatch.observer/filing/0001178913-24-001634.txt

## Key facts
- Earnings Releases
  SOLAREDGE TECHNOLOGIES, INC. reported first quarter ended March 31, 2024 results: revenue $204.4 million, net income GAAP net loss of $157.3 million, EPS GAAP net loss per share of $2.75.
  - Period: first quarter ended March 31, 2024
  - Revenue: $204.4 million
  - Net income: GAAP net loss of $157.3 million
  - EPS: GAAP net loss per share of $2.75
  - Result: reported results
  source text: SEDG), a global leader in smart energy technology, today announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Revenues of $204.4 million • Revenues from solar segment of $190.1 million • GAAP gross margin of negative 12.8% • Non-GAAP gross margin 1 of negative 6.5%, including 4.5% of net IRA benefit • Gross margin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1419612/000117891324001634/0001178913-24-001634-index.htm

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