SolarEdge Q1 revenue $310.5M, up 46% YoY; operating loss narrows; Q2 guide near breakeven

SOLAREDGE TECHNOLOGIES, INC.

2026-Q1 EPS reported -$0.95 revenue$310,501,000

Revenue of $310.5M, down 7.4% QoQ but up 46% YoY; GAAP gross margin 22.0%, non-GAAP 23.5%.
GAAP operating loss $55.0M vs. $48.3M prior Q; non-GAAP operating loss $24.8M, excluding ~$14M one-time expense loss ~$11M.
Shipped ~50.5K inverters, 2.4M optimizers and 331 MWh of PV batteries in Q1.
Q2 outlook: expects to be close to breakeven operating profitability at midpoint; CEO cites Nexus platform and AI data-center power roadmap.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SOLAREDGE TECHNOLOGIES, INC. reported first quarter ended March 31, 2026 results: revenue $310.5 million.

Period: first quarter ended March 31, 2026
Revenue: $310.5 million
Result: reported results

Exact text from the filing

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the first quarter ended March 31, 2026. “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,” said Shuki Nir, CEO of SolarEdge. “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.” First Quarter 2026 Summary The Company reported revenues of $310.5 million

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Source: SEC EDGAR

accession 0001178913-26-002404

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