SolarEdge Technologies Inc. SEDG
Adjusted result turned positive Revenue decelerating Margin expanding strategy: Strategic pivot
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Business Model#
What the company does and how it earns its money; written AI-editorially, exclusively from the company's original reports, without any assessment of our own.
SolarEdge Technologies designs, develops, and sells DC-optimized inverter systems, power optimizers, and battery storage solutions primarily for residential and commercial solar photovoltaic installations. Products are distributed through a network of distributors and large solar installers, with revenue predominantly hardware-driven across inverters, power optimizers, and battery storage products. The company has discontinued its e-Mobility, standalone energy storage business, and PV Tracker segments to concentrate on its core power electronics and commercial storage portfolio. Manufacturing is conducted through contract manufacturers operating at U.S. facilities in Texas (inverters), Florida (power optimizers and inverters), and Utah (batteries), positioned to capture Advanced Manufacturing Production Tax Credits under the Inflation Reduction Act tied to domestic production. The Single SKU software-defined inverter platform is designed to reduce product variants and enable flexible field configuration across global markets, while the commercial CSS-OD battery line extends the company's addressable market into scalable commercial and industrial energy storage applications.
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Current Status#
Summary of the most recent reporting period: core figures, drivers and management statements; written editorially from the current original report, every figure backed by a source number.
SolarEdge Technologies reported Q2 2026 revenue of $346.2 million, up 19.6% year-over-year, driven primarily by higher battery sales volume 31. The company returned to non-GAAP operating profitability with adjusted operating income of $10.2 million, the first such result since Q2 2023, and GAAP gross margin expanded to 27.5% from 11.1% in Q2 2025 – the sixth consecutive quarter of year-over-year gross margin expansion 31 32. During the quarter, SolarEdge launched the Nexis next-generation residential product portfolio in key markets and completed the relocation of the majority of contract manufacturing to U.S. facilities in Texas, Florida, and Utah, ceasing production in China, Mexico, and Hungary 31.
Management commentary on the 2026-Q2 results (8-K-EX99.1, 2026-08-05):
„Our second-quarter results mark an important milestone in SolarEdge's turnaround. Revenue grew 20% year over year, GAAP operating loss narrowed significantly, and we returned to non-GAAP operating profitability for the first time since the second quarter of 2023, while continuing to generate positive free cash flow. Strong demand in Europe combined with strength in U.S. C&I, more than offset industry-wide softness in U.S. residential, driving overall year-over-year growth. We are focused on building on this momentum by scaling the Nexis platform in our core markets and continuing to advance the SolarEdge SST to address the significant opportunity in AI factories.“ – Shuki Nir, CEO of SolarEdge 32
Revenue · 2026-Q2346$m+19.6 % vs. 2025-Q2
Net profit · 2026-Q2-31$m+75.3 % vs. 2025-Q2
EPS · 2026-Q2-0.50$+76.5 % vs. 2025-Q2
Revenue trend
Guidance
For 2026-Q3, the company guides Gross margin (non-GAAP) to 22% – 26% (initiated). 32.
ProfitabilityGAAP operating loss narrowed to $16.0 million in Q2 2026 from $115.5 million in Q2 2025 32. Net loss improved to $30.8 million from $124.7 million in the prior-year quarter, with diluted EPS of -$0.50 31 32. Operating cash flow was $11.4 million and free cash flow was $3.1 million in Q2 2026, marking a return to positive free cash flow generation 32.
LeverageCash and cash equivalents stood at $527.3 million at the end of Q2 2026, with net debt of -$194.9 million, reflecting a net cash position of $194.9 million 32. All outstanding Notes 2025 were settled on September 15, 2025, by paying $342.3 million in cash, removing the primary debt obligation from the balance sheet in the period preceding Q2 2026 31. With no net leverage reported at quarter-end and a substantial cash balance, the balance sheet carries no disclosed near-term debt burden 32.
Management viewSolarEdge plans to pursue additional AMPTC tax credit sales to third parties in future periods as a liquidity management tool, extending the credit monetization program established in Q4 2024 31. The company is advancing the SolarEdge SST for AI factory applications as a planned future product initiative 32. The Nexis platform is targeted for continued scaling into additional markets following its Q2 2026 launch 32.
ChangeH.R.1, enacted July 4, 2025, eliminated the individual homeowner Section 25D solar tax credit at the end of 2025 and shortened the ITC/PTC production credit expiration from 2034 to 2027, reducing long-term residential and project market incentives 31. The company received $13.6 million in IEEPA tariff refunds in H1 2026 related to duties paid in fiscal 2025 and Q1 2026, a non-recurring benefit reflected in the period's margins 31. Battery sales volume increased 96.1% and power optimizer sales grew 3.6% by volume in H1 2026 year-over-year, reflecting a material shift in product mix toward storage within the revenue base 31.
Risks (current)Section 122 tariff exposure remains uncertain following a U.S. Court of International Trade ruling, with an appeal pending regarding applicable refund mechanisms and timeline 31. H.R.1 Section 45X Prohibited Foreign Entities restrictions impose manufacturing threshold requirements, and potential Treasury guidance changes could adversely affect manufacturing costs and compliance obligations 31. Approximately 7% of Israeli employees were on active reserve duty in Q2 2026 due to ongoing military conflicts, with renewed escalation posing a risk of material disruption to operations 31; the U.S. residential solar market also continued to experience industry-wide demand softness 32.
New this reporting periodSolarEdge launched the Nexis next-generation residential product portfolio in key markets and introduced the CSS-OD 107 (107 kWh) and CSS-OD 197 (197 kWh) commercial battery storage solutions during Q2 2026 31. The Single SKU software-defined inverter platform rollout continued in Q2 2026 as part of an ongoing product simplification initiative 31. The discontinuation of the e-Mobility business, the standalone energy storage business segment, and the PV Tracker business was implemented as a strategic portfolio rationalization in Q2 2026 31.
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Price & Chart#
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Share-Price Drivers#
Factors the company itself names as material for its business development (IR-based); reproduced neutrally, no price forecast and no assessment of our own.
Revenue recovery and return to positive adjusted operating income
Quarterly revenue rose sequentially to $346.2m in 2026-Q2 from $310.5m in 2026-Q1 and $289.4m in 2025-Q2, while adjusted operating income turned positive at $10.2m versus -$24.8m in 2026-Q1 and -$48.3m in 2025-Q2 32
Quarterly revenue rose sequentially to $346.2m in 2026-Q2 from $310.5m in 2026-Q1 and $289.4m in 2025-Q2, while adjusted operating income turned positive at $10.2m versus -$24.8m in 2026-Q1 and -$48.3m in 2025-Q2 32
Solar revenue trajectory and top-line growth
Reported revenue increased for a fourth consecutive quarter to $346.2m in 2026-Q2, with the change flag marking growth as accelerating 32
Reported revenue increased for a fourth consecutive quarter to $346.2m in 2026-Q2, with the change flag marking growth as accelerating 32
Nexis next-generation residential platform rollout
SolarEdge Nexis residential portfolio launched and rolled out through 2025-Q4 to 2026-Q2, with the platform being scaled as of 2026-Q2 31 32
SolarEdge Nexis residential portfolio launched and rolled out through 2025-Q4 to 2026-Q2, with the platform being scaled as of 2026-Q2 31 32
Single SKU inverter platform simplification
Single SKU inverter platform rollout launched in 2026-Q2, following the single SKU inverter concept implemented in 2025 31 28
Single SKU inverter platform rollout launched in 2026-Q2, following the single SKU inverter concept implemented in 2025 31 28
Commercial energy storage expansion (CSS-OD line)
CSS-OD 197 and CSS-OD 107 commercial storage solutions launched in 2026-Q2, extending the CSS-OD 102.4 kWh and 197 kWh variants introduced in 2026-Q1 31 30
CSS-OD 197 and CSS-OD 107 commercial storage solutions launched in 2026-Q2, extending the CSS-OD 102.4 kWh and 197 kWh variants introduced in 2026-Q1 31 30
Profitability and cash generation
Adjusted operating income turned positive to $10.2m and free cash flow reached $3.1m in 2026-Q2, versus negative free cash flow of -$9.1m in 2025-Q2; net cash position stood at -$194.9m net debt 32
Adjusted operating income turned positive to $10.2m and free cash flow reached $3.1m in 2026-Q2, versus negative free cash flow of -$9.1m in 2025-Q2; net cash position stood at -$194.9m net debt 32
AI data-center / SST power roadmap
SolarEdge SST advancement for AI factories and an AI data-center power roadmap are at planned stage as of 2026-Q1 to 2026-Q2 32 29
SolarEdge SST advancement for AI factories and an AI data-center power roadmap are at planned stage as of 2026-Q1 to 2026-Q2 32 29
Restructuring program execution
Successive restructuring plans announced from January 2024 through January 2025, alongside substantially completed global ERP implementation in 2025-Q2 20 28
Successive restructuring plans announced from January 2024 through January 2025, alongside substantially completed global ERP implementation in 2025-Q2 20 28
Channel / customer credit exposure
Freedom Forever LLC Chapter 11 filing in 2026-04 and Posigen Inc. Chapter 11 filing in 2025-11 recorded among counterparties 30
Freedom Forever LLC Chapter 11 filing in 2026-04 and Posigen Inc. Chapter 11 filing in 2025-11 recorded among counterparties 30
U.S. policy and FEOC/tax-credit framework
H.R.1 tax credit legislation launched 2025-07 and FEOC requirements implementation effective 2026-01-01 28
H.R.1 tax credit legislation launched 2025-07 and FEOC requirements implementation effective 2026-01-01 28
Sector trend: Segment demand is recovering, with total revenue rising sequentially across the last four quarters and adjusted operating income returning to positive territory in 2026-Q2 32. Profitability is improving from deeply negative operating margins in 2025, and free cash flow has turned positive alongside a net cash balance sheet 32.
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Event Timeline#
This timeline collects the material events from the original reports: guidance changes, revenue and margin signals, strategy shifts, product and M&A announcements. Events are grouped by quarter (most recent first); the grey tag before each event names the event type, the date is the publication date of the source. Management quotes open the quarter block as direct quotes. Per quarter we show the three most defining events; more can be expanded per quarter, older years are collapsed. Every event carries its source as a superscript, clickable number.
Overview: one dot per event · click jumps to the period
2026 · 8 events
2026-Q2 · Apr – Jun 2026
„Our second-quarter results mark an important milestone in SolarEdge's turnaround. Revenue grew 20% year over year, GAAP operating loss narrowed significantly, and we returned to non-GAAP operating profitability for the first time since the second quarter of 2023, while continuing to generate positive free cash flow. Strong demand in Europe combined with strength in U.S. C&I, more than offset industry-wide softness in U.S. residential, driving overall year-over-year growth. We are focused on building on this momentum by scaling the Nexis platform in our core markets and continuing to advance the SolarEdge SST to address the significant opportunity in AI factories.“ – Shuki Nir, CEO of SolarEdge 32
Adjusted result turned positive 2026-08-05
Returned to non-GAAP operating profitability with $10.2 million adjusted operating income, the first such result since Q2 2023 (32)
Returned to non-GAAP operating profitability with $10.2 million adjusted operating income, the first such result since Q2 2023 (32)
Margin expanding 2026-08-05
GAAP gross margin reached 27.5% in Q2 2026 versus 11.1% in Q2 2025; non-GAAP gross margin reached 28.6%, benefiting from AMPTC recognition and IEEPA tariff refunds (31, 32)
GAAP gross margin reached 27.5% in Q2 2026 versus 11.1% in Q2 2025; non-GAAP gross margin reached 28.6%, benefiting from AMPTC recognition and IEEPA tariff refunds (31, 32)
Strategic pivot 2026-08-05
Implemented discontinuation of e-Mobility business, energy storage business, and PV Tracker business as part of strategic portfolio rationalization (31)
Implemented discontinuation of e-Mobility business, energy storage business, and PV Tracker business as part of strategic portfolio rationalization (31)
2026-Q1 · Jan – Mar 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. 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.“ – Shuki Nir, Chief Executive Officer 29
earnings 2026-05-07
Net loss narrowed to $57.4 million from $98.5 million in Q1 2025, a 41.8% improvement, reflecting higher revenues and lower operating expenses from workforce reduction (30)
Net loss narrowed to $57.4 million from $98.5 million in Q1 2025, a 41.8% improvement, reflecting higher revenues and lower operating expenses from workforce reduction (30)
revenue 2026-05-06
Revenue rose 46% year-over-year to $310.5 million, driven by 86.8% growth in battery megawatt hours and 15.4% increase in power optimizers (29)
Revenue rose 46% year-over-year to $310.5 million, driven by 86.8% growth in battery megawatt hours and 15.4% increase in power optimizers (29)
Margin expanding 2026-05-06
Non-GAAP gross margin improved to 23.5% from 7.8% in Q1 2025, marking the sixth consecutive quarter of year-over-year gross margin expansion (29)
Non-GAAP gross margin improved to 23.5% from 7.8% in Q1 2025, marking the sixth consecutive quarter of year-over-year gross margin expansion (29)
2025 · 14 events
2025-Q4 · Oct – Dec 2025
„Our fourth quarter results delivered 70% year-over-year revenue growth, marking our fourth consecutive quarter of year-over-year revenue growth and fifth consecutive quarter of margin expansion. In 2025 we restored discipline, generated strong free cash flow, and rebuilt margins. In 2026 we are shifting decisively to offense, focused on moving toward profitable growth and capturing global market share through the rollout of the SolarEdge Nexis platform. By leveraging our DC expertise, investing in high-growth adjacencies like AI data center power, and maintaining our rigorous cost discipline, we believe we are positioning 2026 to be a transformational year for SolarEdge.“ – Shuki Nir, Chief Executive Officer 27
revenue 2026-02-18
Q4 revenue $335.4M, down 1.4% sequentially; FY2025 revenue $1.18B up 31% YoY from $901.5M in 2024 (27)
Q4 revenue $335.4M, down 1.4% sequentially; FY2025 revenue $1.18B up 31% YoY from $901.5M in 2024 (27)
Margin expanding 2026-02-18
Non-GAAP gross margin expanded to 23.3% in Q4 from 18.8% in Q3 2025; FY2025 non-GAAP gross margin 16.7% vs negative 89.7% in 2024 (27)
Non-GAAP gross margin expanded to 23.3% in Q4 from 18.8% in Q3 2025; FY2025 non-GAAP gross margin 16.7% vs negative 89.7% in 2024 (27)
Strategic pivot 2026-02-18
2026 strategy announced focused on profitable growth via SolarEdge Nexis platform rollout and investment in AI data center power adjacency (27)
2026 strategy announced focused on profitable growth via SolarEdge Nexis platform rollout and investment in AI data center power adjacency (27)
2025-Q3 · Jul – Sep 2025
„We're making steady progress in our turnaround, with three consecutive quarters of revenue growth and improving margins, and we're not done yet. With energy taking an increasingly vital role in powering the global economy, we believe that SolarEdge is positioned for continued growth, sustained profitability, and leadership in smart energy solutions.“ – Shuki Nir, Chief Executive Officer 25
Revenue accelerating 2025-11-06
Revenue increased 44.5% YoY and 18% sequentially to $340.2M, driven by increased inverters and power optimizers sold (26)
Revenue increased 44.5% YoY and 18% sequentially to $340.2M, driven by increased inverters and power optimizers sold (26)
Margin expanding 2025-11-06
GAAP gross margin improved to 21.2% from gross loss of -309.1% in Q3 2024; improvement primarily driven by the absence of the prior-year inventory write-down accruals that depressed Q3 2024 gross profit (26)
GAAP gross margin improved to 21.2% from gross loss of -309.1% in Q3 2024; improvement primarily driven by the absence of the prior-year inventory write-down accruals that depressed Q3 2024 gross profit (26)
Net debt to net cash 2025-11-06
All Notes 2025 settled September 15, 2025 with $342.3M cash payment; company transitioned to net cash position of $108.3M as of September 30, 2025 (26)
All Notes 2025 settled September 15, 2025 with $342.3M cash payment; company transitioned to net cash position of $108.3M as of September 30, 2025 (26)
2025-Q2 · Apr – Jun 2025
„I'm proud of the steady progress we made in turning SolarEdge around this quarter. This was our second consecutive quarter of year-over-year and sequential revenue growth, along with margin expansion. We are staying laser focused on elevating our execution and advancing our strategic priorities, positioning SolarEdge for the opportunities we see ahead.“ – Shuki Nir, CEO 24
Revenue accelerating 2025-08-07
Revenue increased 32% sequentially to $289.4M, representing second consecutive quarter of sequential and year-over-year growth (24)
Revenue increased 32% sequentially to $289.4M, representing second consecutive quarter of sequential and year-over-year growth (24)
Margin expanding 2025-08-07
Gross profit turned positive at 11.1% margin vs 4.1% gross loss in Q2 2024; improvement primarily driven by lower warranty costs and AMPTC tax credits relative to the prior-year base (23)
Gross profit turned positive at 11.1% margin vs 4.1% gross loss in Q2 2024; improvement primarily driven by lower warranty costs and AMPTC tax credits relative to the prior-year base (23)
Divestiture 2025-08-07
PV tracker business divested in April 2025 as part of focus on core solar segment activities (23)
PV tracker business divested in April 2025 as part of focus on core solar segment activities (23)
Operating cash flow turned positive 2025-08-07
Operating cash flow turned positive on a half-year basis (2024-H2: -51.5 to 2025-H1: +26.0 USDm, aggregated from reported quarters where needed). 23
Operating cash flow turned positive on a half-year basis (2024-H2: -51.5 to 2025-H1: +26.0 USDm, aggregated from reported quarters where needed). 23
2025-Q1 · Jan – Mar 2025
„I am pleased with the steady progress we made on the SolarEdge turnaround this quarter. We delivered a second straight quarter of positive free cash flow and are executing on our strategic priorities. Despite an uncertain tariff and regulatory environment, we remain relentlessly focused on elevating our execution across our business.“ – Shuki Nir, Chief Executive Officer 21
Revenue accelerating 2025-05-08
Revenue increased 7.4% YoY to $219.5M, driven by 98.2% increase in power optimizers sold and 71.9% increase in battery MWh, partially offset by price reductions in Europe (22)
Revenue increased 7.4% YoY to $219.5M, driven by 98.2% increase in power optimizers sold and 71.9% increase in battery MWh, partially offset by price reductions in Europe (22)
Margin expanding 2025-05-08
Gross margin improved to 8.0% from gross loss of 12.8% in Q1 2024; improvement primarily driven by prior-year elevated warranty expenses and inventory write-downs in the base period (22)
Gross margin improved to 8.0% from gross loss of 12.8% in Q1 2024; improvement primarily driven by prior-year elevated warranty expenses and inventory write-downs in the base period (22)
Strategic pivot 2025-05-08
Manufacturing relocated to U.S. locations (Texas, Florida, Utah); discontinued manufacturing in China, Mexico, and Hungary (22)
Manufacturing relocated to U.S. locations (Texas, Florida, Utah); discontinued manufacturing in China, Mexico, and Hungary (22)
2024 · 12 events
2024-Q4 · Oct – Dec 2024
„There are exciting opportunities ahead for SolarEdge. We are just getting started on our turnaround story. The return to positive free cash flow generation in Q4 is a solid first step, and we expect to be free cash flow positive in Q1 2025 and for the full year 2025.“ – Shuki Nir, Chief Executive Officer 19
Free cash flow turned positive 2025-02-19
Free cash flow positive $25.5 million in Q4 2024, compared with free cash flow deficit of $136.7 million in Q3 2024 19
Free cash flow positive $25.5 million in Q4 2024, compared with free cash flow deficit of $136.7 million in Q3 2024 19
Revenue decelerating 2025-02-19
Q4 revenues of $196.2 million, down 17% sequentially; full-year 2024 revenues of $901.5 million versus $2.98 billion in the prior year 19
Q4 revenues of $196.2 million, down 17% sequentially; full-year 2024 revenues of $901.5 million versus $2.98 billion in the prior year 19
Strategic pivot 2025-02-19
Energy Storage business in Korea closed; company announced it will no longer report business segments in financial reporting 19
Energy Storage business in Korea closed; company announced it will no longer report business segments in financial reporting 19
2024-Q3 · Jul – Sep 2024
„As SolarEdge weathers this difficult period in the Company's history, we are diligently pursuing three main priorities: financial stability, recapturing market share and refocusing on our core solar and storage opportunities. We are grateful for our passionate and dedicated workforce and proud of our leadership in technological innovation, all of which I am confident will put the Company back on a profitable growth trajectory.“ – Ronen Faier, Interim Chief Executive Officer 17
Margin compressing 2024-11-07
GAAP gross margin negative 269.2% in Q3 2024 versus positive 19.7% in Q3 2023, primarily driven by $642.4 million inventory write-down accruals 18
GAAP gross margin negative 269.2% in Q3 2024 versus positive 19.7% in Q3 2023, primarily driven by $642.4 million inventory write-down accruals 18
Strategic pivot 2024-11-07
CEO Zvi Lando resigned August 26, 2024; former CFO Ronen Faier appointed interim CEO and Ariel Porat appointed CFO 18
CEO Zvi Lando resigned August 26, 2024; former CFO Ronen Faier appointed interim CEO and Ariel Porat appointed CFO 18
earnings 2024-11-06
GAAP net loss of $1.21 billion in Q3 2024 versus net loss of $61.2 million in Q3 2023, driven by $1.03 billion in impairments and write-downs 17
GAAP net loss of $1.21 billion in Q3 2024 versus net loss of $61.2 million in Q3 2023, driven by $1.03 billion in impairments and write-downs 17
2024-Q2 · Apr – Jun 2024
„We are encouraged by our second quarter top line results which saw sequential revenue growth of 30% and an 18% growth in sell through of our solar products by our distributor customers. While we expect undershipping to continue in the third quarter, we believe the momentum in our underlying business and the actions we are taking to gain market share and address new growth segments will enable a return to higher revenue levels once inventories are cleared in the first half of 2025.“ – Zvi Lando, Chief Executive Officer 16
Revenue decelerating 2024-08-07
Revenues of $265.4 million, up 30% sequentially but down 73% year-over-year from $991.3 million in Q2 2023, reflecting continued inventory destocking and lower installation rates 16
Revenues of $265.4 million, up 30% sequentially but down 73% year-over-year from $991.3 million in Q2 2023, reflecting continued inventory destocking and lower installation rates 16
Margin compressing 2024-08-07
GAAP gross profit turned to loss of 4.1% in Q2 2024 versus positive 32.0% in Q2 2023, driven by price reductions and fixed-cost leverage on lower volumes 15
GAAP gross profit turned to loss of 4.1% in Q2 2024 versus positive 32.0% in Q2 2023, driven by price reductions and fixed-cost leverage on lower volumes 15
Guidance initiated 2024-08-07
Q3 2024 revenue guidance of $260-290 million and non-GAAP gross margin of negative 3% to positive 1% provided 16
Q3 2024 revenue guidance of $260-290 million and non-GAAP gross margin of negative 3% to positive 1% provided 16
2024-Q1 · Jan – Mar 2024
„Our first quarter results were aligned with our expectations of inventory clearing and typical seasonality. As we enter spring when installations historically tend to rise, we expect channel inventory to continue to decline and revenues to improve. In parallel, we are focused on a suite of new products that we plan to release in the next several quarters to position ourselves for the next growth cycle in our industry.“ – Zvi Lando, Chief Executive Officer 13
Strategic pivot 2024-05-09
Workforce reduction plan implemented to reduce operating expenses and align cost structure to current market conditions 14
Workforce reduction plan implemented to reduce operating expenses and align cost structure to current market conditions 14
Revenue decelerating 2024-05-08
Revenue declined 78% year-over-year to $204.4 million, reflecting high channel inventory and slower installation rates beginning Q3 2023 13
Revenue declined 78% year-over-year to $204.4 million, reflecting high channel inventory and slower installation rates beginning Q3 2023 13
Margin compressing 2024-05-08
GAAP gross margin negative 12.8% versus positive 31.8% in Q1 2023, primarily due to price reductions and lower fixed-cost absorption on significantly reduced volumes 13
GAAP gross margin negative 12.8% versus positive 31.8% in Q1 2023, primarily due to price reductions and lower fixed-cost absorption on significantly reduced volumes 13
2023 · 18 events
2023-Q4 · Oct – Dec 2023
„Despite the challenges we faced in the second half of 2023, we concluded the year with $3.0 billion in revenue, just below 2022 levels. The first half of 2023 included record installations and expectations for continued growth, with a shift in the second half of the year to a weaker market due to higher interest rates and lower power prices, which resulted in an inventory buildup that slowed our shipments. Nevertheless, we believe we are well positioned for the next growth cycle in our industry due to our expanding product portfolio as well as the operational and cost reduction measures we have taken.“ – Zvi Lando, Chief Executive Officer 11
Strategic pivot 2024-02-26
Restructuring plan announced October 2023 to discontinue light commercial vehicle e-Mobility activity, terminate manufacturing in Mexico, reduce capacity in China, and reduce headcount by approximately 16% in H1 2024 12
Restructuring plan announced October 2023 to discontinue light commercial vehicle e-Mobility activity, terminate manufacturing in Mexico, reduce capacity in China, and reduce headcount by approximately 16% in H1 2024 12
Revenue decelerating 2024-02-20
Q4 revenues of $316.0 million, down 65% year-over-year and 56% sequentially, reflecting significant inventory buildup in distribution channels and broader market weakness driven by higher interest rates and lower power prices 11
Q4 revenues of $316.0 million, down 65% year-over-year and 56% sequentially, reflecting significant inventory buildup in distribution channels and broader market weakness driven by higher interest rates and lower power prices 11
Guidance initiated 2024-02-20
Q1 2024 guidance initiated at revenues of $175-215 million with non-GAAP gross margin of negative 3% to positive 1%, signaling continued demand weakness into the following year 11
Q1 2024 guidance initiated at revenues of $175-215 million with non-GAAP gross margin of negative 3% to positive 1%, signaling continued demand weakness into the following year 11
2023-Q3 · Jul – Sep 2023
„The results for the third quarter fell short of our prior expectations and are reflecting a slow market environment, which has resulted in high inventory of our products in the distribution channels, in particular in Europe. While channel inventory clearing is expected to continue in coming quarters, we are optimistic about the future of the solar PV industry and are confident that our leading technology, global presence and broad product offering will enable us to continue to be a leader in this market.“ – Zvi Lando, Chief Executive Officer 8
„The adjusted guidance is unrelated to the tragic events that have unfolded in Israel. While there has been some impact on daily routines at our headquarters, our offices and facilities are open worldwide, including in Israel, and we are manufacturing and providing customer support without interruption.“ – Zvi Lando, Chief Executive Officer 7
Margin compressing 2023-11-01
GAAP gross margin declined to 19.7% from 32.0% in the prior quarter and 26.5% year-over-year, reflecting infrastructure expansion costs, increased warranty expenses, inventory impairment, higher proportion of lower-margin commercial products, and non-solar businesses 8 9
GAAP gross margin declined to 19.7% from 32.0% in the prior quarter and 26.5% year-over-year, reflecting infrastructure expansion costs, increased warranty expenses, inventory impairment, higher proportion of lower-margin commercial products, and non-solar businesses 8 9
Guidance cut 2023-11-01
Q4 2023 revenue guidance of $300-350 million with GAAP gross margin expected at 5-8%, reflecting continued inventory destocking process in European distribution channels 8
Q4 2023 revenue guidance of $300-350 million with GAAP gross margin expected at 5-8%, reflecting continued inventory destocking process in European distribution channels 8
Cash flow inflection 2023-11-01
Operating cash flow reached 40.6 USDm vs 5.6 USDm in 2022-Q3 (×7.3). 117
Operating cash flow reached 40.6 USDm vs 5.6 USDm in 2022-Q3 (×7.3). 117
Revenue decelerating 2023-10-20
Substantial unexpected cancellations and pushouts of existing backlog from European distributors due to high channel inventory and slower installation rates; Q3 revenue guidance reduced to $720-730 million from prior guidance of $880-920 million 7
Substantial unexpected cancellations and pushouts of existing backlog from European distributors due to high channel inventory and slower installation rates; Q3 revenue guidance reduced to $720-730 million from prior guidance of $880-920 million 7
2023-Q2 · Apr – Jun 2023
„We are pleased with our results for the second quarter, in particular our strong performance in Europe in both the residential and commercial solar segments. While the U.S. residential solar market is currently seeing some headwinds primarily related to higher interest rates, we are navigating through this period by leveraging our geographic and multi-segment strengths in the solar markets and expect to benefit from the positive long-term outlook for this sector.“ – Zvi Lando, Chief Executive Officer 5
revenue 2023-08-01
Revenues of $991.3 million, up 36% year-over-year, decelerating from 44% in Q1; blended ASP per watt for solar products decreased 20.1% year-over-year due to product mix shift toward lower-margin commercial products 5 6
Revenues of $991.3 million, up 36% year-over-year, decelerating from 44% in Q1; blended ASP per watt for solar products decreased 20.1% year-over-year due to product mix shift toward lower-margin commercial products 5 6
Margin expanding 2023-08-01
GAAP gross margin improved to 32.0% from 25.1% year-over-year due to gradual price increases, lower shipment rates, favorable exchange rates, and cost reduction efforts 5
GAAP gross margin improved to 32.0% from 25.1% year-over-year due to gradual price increases, lower shipment rates, favorable exchange rates, and cost reduction efforts 5
Net cash to net debt 2023-08-01
Net position shifted from net cash to net debt as operating cash flow was negative $88.7 million, driven primarily by significant inventory procurement outpacing collections 5
Net position shifted from net cash to net debt as operating cash flow was negative $88.7 million, driven primarily by significant inventory procurement outpacing collections 5
Operating income doubled 2023-08-01
Operating income more than doubled YoY (36.0 to 150.4 USDm, +318%). 116
Operating income more than doubled YoY (36.0 to 150.4 USDm, +318%). 116
2023-Q1 · Jan – Mar 2023
„We are pleased with our first quarter results reflecting our strong global presence and execution capabilities. Our diverse geographic and segmental footprint enables us to continue to grow revenues without being overly dependent on any single market or segment. As we see supply chain challenges gradually improving, we remain focused on execution and efficiencies to continue and drive margins and profitability higher.“ – Zvi Lando, Chief Executive Officer 3
Margin expanding 2023-05-08
GAAP gross margin expanded to 31.8% from 27.3% year-over-year due to price increases, lower expedited shipping costs, favorable exchange rates, and reduced customs duties 4
GAAP gross margin expanded to 31.8% from 27.3% year-over-year due to price increases, lower expedited shipping costs, favorable exchange rates, and reduced customs duties 4
Operating income turned positive 2023-05-03
Record GAAP operating income of $144.2 million, up from an operating loss of $5.2 million in the prior quarter and from $50.9 million year-over-year 3
Record GAAP operating income of $144.2 million, up from an operating loss of $5.2 million in the prior quarter and from $50.9 million year-over-year 3
revenue 2023-05-03
Record revenues of $943.9 million, up 44% year-over-year and 6% sequentially, driven by significant growth in Europe with inverters shipped up 61.2% year-over-year 3 4
Record revenues of $943.9 million, up 44% year-over-year and 6% sequentially, driven by significant growth in Europe with inverters shipped up 61.2% year-over-year 3 4
Operating income doubled 2023-05-03
Operating income more than doubled YoY (50.9 to 144.2 USDm, +183%). 113
Operating income more than doubled YoY (50.9 to 144.2 USDm, +183%). 113
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Key Figures ($m)#
The company's core financial figures in three views, one below the other: fiscal years (as reported; after restatements the table shows the most recent filing version, marked), half-years (6-month basis, H2 = second half on its own) and quarters (3-month basis, not cumulative). Each row is one period, most recent first. Values with a dotted underline are clickable and show the raw value, the exact source location, the scale evidence and the source; derived values additionally show their formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.
All figures serve only to support your own investment decision and are not a recommendation; the company's original reports are authoritative.
Revenue ($m) · annual basis, as reported
Net income ($m) · annual basis, as reported
EPS ($) · annual basis, as reported
Operating cash flow ($m) · annual basis, as reported
Revenue ($m) · quarterly basis, as reported
Net income ($m) · quarterly basis, as reported
EPS ($) · quarterly basis, as reported
Operating cash flow ($m) · quarterly basis, as reported
Cash ($m) · annual basis, as reported
Debt ($m) · annual basis, as reported
Net Debt ($m) · annual basis, as reported
Capex ($m) · annual basis, as reported
FCF ($m) · annual basis, as reported
D&A ($m) · annual basis, as reported
Cash ($m) · quarterly basis, as reported
Debt ($m) · quarterly basis, as reported
Net Debt ($m) · quarterly basis, as reported
Capex ($m) · quarterly basis, as reported
FCF ($m) · quarterly basis, as reported
D&A ($m) · quarterly basis, as reported
Shown: the most recent fiscal years. Full history since FY2016 is on record.
Fiscal years
Amounts in $m · EPS in $ per share · as reported
| Period | Revenue | Op. income | Op. income (adj.) | Net income | EPS ($) | EPS adj. ($) | OCF | Source |
|---|---|---|---|---|---|---|---|---|
| FY2025 | 1,184.4 | -301.7 | – | -405.4 | -6.88 | – | 104.3 | 28 |
| FY2024 | 901.5 | -1,708.3 | – | -1,806.4 | -31.64 | – | -313.3 | 20 |
| FY2023 | 2,976.5 | 40.2 | 290.1 | 34.3 | 0.60 | 4.12 | -180.1 | 12 |
Quarters
Amounts in $m · EPS in $ per share · as reported
| Period | Published | Revenue | Op. income | Op. income (adj.) | Net income | EPS ($) | EPS adj. ($) | EBITDA (adj.) | FCF | Cash | Net Debt | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-Q2* | 2026-08-05 | 346.2 | -16 | 10.2 | -30.8 | -0.50 | – | 10.2 | 3.1 | 527.3 | -194.9 | 132 |
| 2026-Q1* | 2026-05-06 | 310.5 | -55 | -24.8 | -57.4 | -0.95 | – | -24.8 | 20.7 | 512.4 | -180.4 | 132 |
| 2025-Q4* | 2026-02-18 | 335.4 | -48.3 | – | -132.1 | -2.24* | – | – | 43.3 | 455.1 | -123.5 | 127 |
| 2025-Q3* | 2025-11-05 | 340.2 | -35.1 | – | -50.1 | -0.84 | – | – | 22.8 | 439.5 | -108.3 | 132 |
| 2025-Q2* | 2025-08-07 | 289.4 | -115.5 | -48.3 | -124.7 | -2.13 | – | -48.3 | -9.1 | 545.2 | 127.4 | 132 |
| 2025-Q1* | 2025-05-06 | 219.5 | -102.7 | – | -98.5 | -1.70 | – | – | 23.7 | 401.4 | 270.5 | 21 |
| 2024-Q4* | 2025-02-19 | 196.2 | -263.7 | – | -287.4 | -5.03* | – | – | 25.5 | 274.6 | 401.7 | 19 |
| 2024-Q3* | 2024-11-06 | 235.4 | -1,110.7 | -808.1 | -1,230.8 | -21.58 | -15.31 | – | -136.7 | 303.9 | 371.6 | 17 |
| 2024-Q2* | 2024-08-07 | 265.4 | -160.2 | -114.3 | -130.8 | -2.31 | -1.79 | – | -67 | 259.5 | 379.2 | 15 |
| 2024-Q1* | 2024-05-08 | 204.4 | -173.7 | -122.5 | -157.3 | -2.75 | -1.90 | – | -243.4 | 214.2 | 413.9 | 13 |
| 2023-Q4* | 2024-02-20 | 316 | -237.6 | -107.8 | -162.4 | -2.84* | -0.92 | – | -180.4 | 338.5 | 288.9 | 11 |
| 2023-Q3* | 2023-11-01 | 725.3 | -16.7 | 23.1 | -61.2 | -1.08 | -0.55 | – | -5.4 | 551.1 | 75.5 | 8 |
| 2023-Q2* | 2023-08-01 | 991.3 | 150.4 | 191 | 119.5 | 2.03 | 2.62 | – | -134.4 | 557.7 | 68.2 | 5 |
| 2023-Q1* | 2023-05-03 | 943.9 | 144.2 | 183.8 | 138.4 | 2.35 | 2.90 | – | -30.4 | 727.8 | -102.7 | 3 |
* derived: values with formula provenance (hover); Q4 = FY − 9M · H2 = FY − H1 · EPS via implied shares · net debt = financial debt − cash · FCF = OCF − |capex|.
Columns not reported in this reporting cadence are hidden: Net Debt/EBITDA (not reported in any source for these periods).
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Balance Sheet & Cash Flow ($m)#
Point-in-time balance sheet items (e.g. cash, financial debt) and cash flow items (operating cash flow, investments/capex) per fiscal year, half-year and quarter. Balance sheet values are as of the period end, flow items cover the period. Derived values are marked and are calculated, for example, as: net debt = financial debt − cash; free cash flow = operating cash flow − capex; the click popover shows formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.
Fiscal years
Amounts in $m · as reported
| Period | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | 2026-02-18 | 455.1 | 331.6 | -123.5 | 30.5 | 104.3 | 23.5 | 80.8 | 132 |
| FY2024 | 2025-02-19 | 274.6 | 676.3 | 401.7 | 59.9 | -313.3 | 108.2 | -421.5 | 132 |
| FY2023 | 2024-02-20 | 338.5 | 627.4 | 288.9 | 57.2 | -180.1 | 170.5 | -350.6 | 132 |
Quarters
Amounts in $m · as reported
| Period | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-Q2 | 2026-08-05 | 527.3 | 332.3 | -194.9 | 5.7 | 11.4 | 8.3 | 3.1 | 132 |
| 2026-Q1 | 2026-05-06 | 512.4 | 331.9 | -180.4 | 5.9 | 24.4 | 3.7 | 20.7 | 132 |
| 2025-Q4 | 2026-02-18 | 455.1 | 331.6 | -123.5 | 7.1 | 52.6 | 9.3 | 43.3 | 127 |
| 2025-Q3 | 2025-11-05 | 439.5 | 331.2 | -108.3 | 7.2 | 25.6 | 2.8 | 22.8 | 132 |
| 2025-Q2 | 2025-08-07 | 545.2 | 672.6 | 127.4 | 4.2 | -7.8 | 1.3 | -9.1 | 132 |
| 2025-Q1 | 2025-05-06 | 401.4 | 671.9 | 270.5 | 12 | 33.8 | 10.1 | 23.7 | 21 |
| 2024-Q4 | 2025-02-19 | 274.6 | 676.3 | 401.7 | 12.7 | 37.8 | 12.3 | 25.5 | 19 |
| 2024-Q3 | 2024-11-06 | 303.9 | 675.5 | 371.6 | 16.8 | -89.3 | 47.4 | -136.7 | 17 |
| 2024-Q2 | 2024-08-07 | 259.5 | 638.7 | 379.2 | 15.4 | -44.8 | 22.2 | -67 | 15 |
| 2024-Q1 | 2024-05-08 | 214.2 | 628.1 | 413.9 | 15 | -217 | 26.3 | -243.4 | 13 |
| 2023-Q4 | 2024-02-20 | 338.5 | 627.4 | 288.9 | 15.2 | -139.9 | 40.5 | -180.4 | 11 |
| 2023-Q3 | 2023-11-01 | 551.1 | 626.6 | 75.5 | 15.3 | 40.6 | 45.9 | -5.4 | 8 |
| 2023-Q2 | 2023-08-01 | 557.7 | 625.9 | 68.2 | 13.3 | -88.7 | 45.7 | -134.4 | 5 |
| 2023-Q1 | 2023-05-03 | 727.8 | 625.2 | -102.7 | 13.5 | 7.9 | 38.3 | -30.4 | 3 |
Debt = long-term + current · Net debt = debt − cash · FCF = OCF − capex.
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Revenue by Type (as of 2026-Q2 · USDm · 0/3)#
Revenue split by segment or product type, exactly as the company itself reports it. The basis is stated next to each value (3, 6 or 12 months); segment totals can deviate from group revenue (reconciliation/consolidation items). If the company changes its segment structure, older structures are kept in the expandable part. Rows in grey are no longer reported separately by the company; they show the last available figures and are never extrapolated.
| Segment | Since | Period | Basis | Revenue | Growth | Source |
|---|---|---|---|---|---|---|
| Solar | 2023-Q1 | 2024-Q1 | 3M | 190.1 | -79.1% | 14 |
| Energy Storage | 2023-Q1 | 2024-Q1 | 3M | 10.6 | 16.2% | 14 |
| All other | 2023-Q1 | 2024-Q1 | 3M | 3.4 | -86.8% | 14 |
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Products & M&A (13/37 active+recent)#
Product announcements from the reports; market launches, approvals, partnerships; with first mention (date) and source. “Active/current” means: still mentioned in the most recent reports; what the company no longer mentions moves to the expandable part but is never deleted. Rows in grey are discontinued products.
| Product/Line | Since | Status | Source |
|---|---|---|---|
| SolarEdge SST advancement for AI factories | 2026-06 | Launched | 32 |
| Nexis platform scaling | 2026-06 | Launched | 32 |
| AI data-center power roadmap advancement | 2026-03 | Launched | 29 |
| FEOC requirements implementation | 2026-01 | Launched | 28 |
| SolarEdge Nexis platform rollout | 2025-12 | Launched | 29 |
| SolarEdge ONE EV Charger launch | 2025-09 | Launched | 28 |
| H.R.1 tax credit legislation | 2025-07 | Launched | 28 |
| New global ERP system implementation substantially completed | 2025-06 | Launched | 28 |
| SolarEdge Nexis next-generation residential product portfolio launch (2×) | 2025 | Launched | 31 |
| SolarEdge Nexis Inverter launch | 2025 | Launched | 28 |
| Single SKU inverter platform rollout (2×) | 2025 | Launched | 31 |
| Launch of next-generation residential battery for single-phase and three-phase systems | 2025 | Launched | 20 |
| CSS-OD 197 commercial energy storage solution (6×) | 2024 | Launched | 31 |
| Texas manufacturing facility reached full capacity | 2024-09 | Launched | 18 |
| Repurchase of 0.000% convertible notes due 2025 | 2024-06 | Launched | 15 |
| New product suite | 2024-03 | Launched | 13 |
| United States manufacturing facility capacity expansion for inverters and optimizers | 2024 | Launched | 12 |
| Launch of SolarEdge ONE energy optimization platform | 2024 | Launched | 20 |
| U.S. manufacturing of eligible components for tax credits (IRC §45X) | 2023-12 | Launched | 28 |
| US manufacturing facility ramp-up | 2023-09 | Launched | 9 |
| SolarEdge Energy Hub inverter with DC-coupled battery and EV charger support | 2023-09 | Launched | 9 |
| Sella 1 manufacturing facility expansion with additional inverter line | 2023-09 | Launched | 9 |
| IRA manufacturing tax credit | 2023-09 | Launched | 17 |
| US inverter manufacturing in Texas (15×) | 2023 | Launched | 20 |
| Sella 2 full manufacturing capacity | 2023 | Launched | 4 |
| Sella 2 Li-Ion battery factory ramping in South Korea | 2023 | Launched | 12 |
| Sella 1 manufacturing facility expansion | 2023 | Launched | 4 |
| Release of 330kW inverter with H-Series Power Optimizers | 2023 | Launched | 12 |
| Launch of fifth generation S1400 Series Power Optimizers | 2023 | Launched | 12 |
| Launch of SolarEdge Home smart energy ecosystem | 2023 | Launched | 12 |
| Sella 2 Li-Ion cell factory in Korea | 2022-12 | Launched | 9 |
| Sella 2 Li-Ion cell factory Korea production | 2022-12 | Launched | 4 |
| Sella 2 lithium-ion cell manufacturing facility in Korea | 2022-05 | Launched | 14 |
| Sella 2 Li-Ion cells manufacturing facility | 2022-05 | Launched | 15 |
| Sella 1 manufacturing facility in northern Israel | 2020-09 | Launched | 14 |
| Sella 1 manufacturing facility | 2020-09 | Launched | 15 |
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M&A (31)#
All recorded acquisitions (purchases) and divestitures/exits with date, short description and source; deliberately including smaller transactions that summaries often miss. Purchase prices appear only where the company itself has disclosed them. Rows in grey are cancelled transactions; the cancellation date is shown in the row.
Acquisitions · 12Divestitures/exits · 17older: 2 (in the table)
Acquisitions
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| SunPower Inc. acquired Ambia Solar | 2025-11 | Completed | 28 |
| Posigen, Inc. filed Chapter 11 bankruptcy (3x) | 2025-11 | Completed | 30 |
| SunPower Inc. acquired Sunder Energy | 2025-09 | Completed | 28 |
| Solaris Assets acquired substantially all assets of Sunnova Energy International Inc. | 2025-09 | Completed | 28 |
| Acquisition of Wevo Energy Ltd. (2x) | 2024-04 | Completed | 28 |
| Ivy Energy minority investment | 2024-01 | Completed | 12 |
| Ampeers Energy GmbH minority share acquisition | 2024-01 | Completed | 12 |
| Additional U.S. manufacturing capacity (2x) | 2024 | Completed | 12 |
| Milan court decision on SolarEdge e-Mobility acquisition dispute | 2023-12 | Completed | 12 |
| Share repurchase program (2x) | 2023-11 | Completed | 12 |
| Acquisition of Hark Systems Ltd. | 2023-04 | Completed | 20 |
| Sella 2 Li-Ion battery factory manufacturing expansion | 2023 | Completed | 12 |
| Secondary public offering of common stock | 2022-03 | Completed | 12 |
| Convertible Senior Notes 2029 (7×) | 2020-09 | Completed | 26 |
Divestitures / exits
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| Cessation of manufacturing operations in China, Mexico and Hungary | 2026 | Divested | 31 |
| SolarEdge sold last battery cell manufacturing facility in South Korea | 2025-09 | Divested | 28 |
| Battery cell manufacturing facility in South Korea sale | 2025-09 | Divested | 26 |
| Battery cell manufacturing facility in South Korea divestiture | 2025-09 | Divested | 28 |
| PV tracker business (4×) | 2025 | Divested | 28 |
| Divestiture from Energy Storage Department | 2025 | Divested | 28 |
| ADT exit from residential solar | 2024-01 | Divested | 12 |
| Energy Storage Division (4×) | 2024 | Divested | 31 |
| Automation Machines sale (3×) | 2024 | Divested | 20 |
| Manufacturing facility termination in Mexico | 2023-10 | Divested | 12 |
| Manufacturing capacity reduction in China | 2023-10 | Divested | 12 |
| Manufacturing Operations Termination in Mexico | 2023-10 | Divested | 20 |
| Light commercial vehicle (LCV) e-Mobility business (3×) | 2023-10 | Divested | 12 |
| Discontinued LCV e-Mobility activity (3×) | 2023-10 | Divested | 15 |
| Discontinuation of manufacturing in Mexico | 2023-09 | Divested | 9 |
| Discontinuation of UPS-related activities | 2023-09 | Divested | 9 |
| e-Mobility business discontinuation (2x) | 2023 | Divested | 31 |
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Reported KPIs (as disclosed) (375)#
Figures the company discloses itself in addition to the standard financials; order intake, recurring revenue, user or unit counts, adjusted measures. These “story KPIs” usually slip through standard databases; here they are collected as reported, with no calculation of our own. Important: the definition comes from the company itself and can differ from firm to firm; period and source are stated next to every value.
Company-specific KPIs verbatim from the filings (English, as disclosed; not normalised). Balance-sheet and boilerplate items filtered.
| Date | Period | KPI | Value / change | Source |
|---|---|---|---|---|
| 2026-08-05 | 2026-Q2 | tariff refunds received Q2/H1 2026 | 13.6 | 31 |
| 2026-08-05 | 2026-Q2 | tariff refunds interest income | 0.3 (USD millions) | 31 |
| 2026-08-05 | 2026-Q2 | tariff refunds cost of revenues reduction | 13.3 (USD millions) | 31 |
| 2026-08-05 | 2026-Q2 | restricted cash | 54.7 (USD millions) | 31 |
| 2026-08-05 | 2026-Q2 | purchase obligations | 340.0 | 31 |
| 2026-08-05 | 2026-Q2 | open commitments for capital expenditures | 12.8 (USD millions) | 31 |
| 2026-08-05 | 2026-Q2 | non-US revenues % Q2 2026 | 55.3% | 31 |
| 2026-08-05 | 2026-Q2 | non-US revenues % Q2 2025 | 36.0% | 31 |
| 2026-08-05 | 2026-Q2 | non-US revenues % H1 2026 | 52.3% | 31 |
| 2026-08-05 | 2026-Q2 | non-US revenues % H1 2025 | 37.7% | 31 |
| 2026-08-05 | 2026-Q2 | non-cancelable lease commitment initial term | 272.8 | 31 |
| 2026-08-05 | 2026-Q2 | lease modification payment | 28.8 | 31 |
| 2026-08-05 | 2026-Q2 | gross profit margin Q2 2026 | 27.5% | 31 |
| 2026-08-05 | 2026-Q2 | gross profit margin Q2 2025 | 11.1% | 31 |
| 2026-08-05 | 2026-Q2 | gross profit margin H1 2026 | 24.9% | 31 |
| 2026-08-05 | 2026-Q2 | gross profit margin H1 2025 | 9.8% | 31 |
| 2026-08-05 | 2026-Q2 | cash and investments net of debt | $264.6 million | 32 |
| 2026-08-05 | 2026-Q2 | cash and cash equivalents | 527.3 (USD millions) | 31 |
| 2026-08-05 | 2026-Q2 | available for sale marketable securities | 19.7 | 31 |
| 2026-05-07 | 2026-Q1 | Power optimizers recognized as revenue | 2,438.4 (USD in thousands) | 30 |
| 2026-05-07 | 2026-Q1 | Megawatt hours batteries recognized as revenue | 331 (USD thousands) | 30 |
| 2026-05-07 | 2026-Q1 | Inverters recognized as revenue | 50.5 (USD in thousands) | 30 |
| 2026-05-06 | 2026-Q1 | Non-GAAP revenue | 309.9 million | 29 |
| 2026-05-06 | 2026-Q1 | Non-GAAP gross margin | 23.5% | 29 |
| 2026-05-06 | 2026-Q1 | GAAP gross margin | 22.0% | 29 |
| 2026-05-06 | 2026-Q1 | Cash and investments portfolio, net of debt | 246.2 million | 29 |
| 2026-02-25 | FY2025 | training portal learners | 161,263 | 28 |
| 2026-02-25 | FY2025 | top three customers revenue pct | 35.8% | 28 |
| 2026-02-25 | FY2025 | top customer revenue pct | 18.6% | 28 |
| 2026-02-25 | FY2025 | stock price range 2025 | $11.00 to $48.60 per share | 28 |
| 2026-02-25 | FY2025 | revenue us pct 2025 | 60.6% | 28 |
| 2026-02-25 | FY2025 | revenue us pct 2024 | 42.1% | 28 |
| 2026-02-25 | FY2025 | revenue international markets pct 2025 | 12.5% | 28 |
| 2026-02-25 | FY2025 | revenue international markets pct 2024 | 22.1% | 28 |
| 2026-02-25 | FY2025 | revenue europe pct 2025 | 26.8% | 28 |
| 2026-02-25 | FY2025 | revenue europe pct 2024 | 35.8% | 28 |
| 2026-02-25 | FY2025 | restricted deposits | 0.5 million | 28 |
| 2026-02-25 | FY2025 | restricted cash | 84.8 million | 28 |
| 2026-02-25 | FY2025 | purchase obligations raw materials | 513.2 million | 28 |
| 2026-02-25 | FY2025 | power optimizers installed base | approximately 142.5 million | 28 |
| 2026-02-25 | FY2025 | pending patent applications | 219 | 28 |
| 2026-02-25 | FY2025 | operations production support employees 2025 | 1,935 | 28 |
| 2026-02-25 | FY2025 | operations production support employees 2024 | 1,804 | 28 |
| 2026-02-25 | FY2025 | operations production quality support employees | 1,935 | 28 |
| 2026-02-25 | FY2025 | net loss 2025 | $405.4 million | 28 |
| 2026-02-25 | FY2025 | net loss 2024 | $1,806.4 million | 28 |
| 2026-02-25 | FY2025 | net cash used in financing activities 2025 | -348.9 million | 28 |
| 2026-02-25 | FY2025 | net cash used in financing activities 2024 | -20.1 million | 28 |
| 2026-02-25 | FY2025 | net cash from operating activities 2025 | 104.3 million | 28 |
| 2026-02-25 | FY2025 | net cash from operating activities 2024 | -313.3 million | 28 |
| 2026-02-25 | FY2025 | net cash from investing activities 2025 | 379.9 million | 28 |
| 2026-02-25 | FY2025 | net cash from investing activities 2024 | 416.3 million | 28 |
| 2026-02-25 | FY2025 | lease modification payment paid | 3,143 | 28 |
| 2026-02-25 | FY2025 | lease modification payment | 28,828 | 28 |
| 2026-02-25 | FY2025 | lease commitment Israel offices | 274,237 | 28 |
| 2026-02-25 | FY2025 | issued patents | 518 | 28 |
| 2026-02-25 | FY2025 | inverters installed base | approximately 6.2 million | 28 |
| 2026-02-25 | FY2025 | installers on monitoring portal | over 93,000 | 28 |
| 2026-02-25 | FY2025 | installers certification programs | 12,162 | 28 |
| 2026-02-25 | FY2025 | increase cash equivalents restricted cash 2025 | 135.3 million | 28 |
| 2026-02-25 | FY2025 | increase cash equivalents restricted cash 2024 | 82.8 million | 28 |
| 2026-02-25 | FY2025 | gross profit margin 2025 | 16.6% | 28 |
| 2026-02-25 | FY2025 | gross loss margin 2024 | -97.3% | 28 |
| 2026-02-25 | FY2025 | effective tax rate 2025 | -3.5% | 28 |
| 2026-02-25 | FY2025 | effective tax rate 2024 | -5.63% | 28 |
| 2026-02-25 | FY2025 | deposits | 2.7 million | 28 |
| 2026-02-25 | FY2025 | customer Consolidated Electrical Distributors pct | 18.6% | 28 |
| 2026-02-25 | FY2025 | cash and cash equivalents | 455.1 million | 28 |
| 2026-02-25 | FY2025 | capital expenditure commitments | 23.5 million | 28 |
| 2026-02-25 | FY2025 | available for sale marketable securities | 38.1 million | 28 |
| 2026-02-25 | FY2025 | Power Optimizer revenue pct | 41.4% | 28 |
| 2026-02-25 | FY2025 | Inverter revenue pct | 28.2% | 28 |
| 2025-11-06 | 2025-Q3 | two major customers 9m 2025 revenue | 32.4% | 26 |
| 2025-11-06 | 2025-Q3 | revenue outside us q3 2025 | 40.3% | 26 |
| 2025-11-06 | 2025-Q3 | revenue outside us q3 2024 | 56.2% | 26 |
| 2025-11-06 | 2025-Q3 | revenue outside us 9m 2025 | 38.7% | 26 |
| 2025-11-06 | 2025-Q3 | revenue outside us 9m 2024 | 62.3% | 26 |
| 2025-11-06 | 2025-Q3 | restricted cash | 47.5 million | 26 |
| 2025-11-06 | 2025-Q3 | purchase obligations | 530.7 million | 26 |
| 2025-11-06 | 2025-Q3 | power optimizers recognized as revenue q3 2025 | 2,946.7 thousand | 26 |
| 2025-11-06 | 2025-Q3 | power optimizers recognized as revenue q3 2024 | 1,762.9 thousand | 26 |
| 2025-11-06 | 2025-Q3 | power optimizers recognized as revenue 9m 2025 | 7,700.5 thousand | 26 |
| 2025-11-06 | 2025-Q3 | power optimizers recognized as revenue 9m 2024 | 4,831.3 thousand | 26 |
| 2025-11-06 | 2025-Q3 | open commitments for capital expenditures | 26.5 million | 26 |
| 2025-11-06 | 2025-Q3 | One major customer Q3 2025 revenue | 23.1% | 26 |
| 2025-11-06 | 2025-Q3 | One major customer Q3 2024 revenue | 16.7% | 26 |
| 2025-11-06 | 2025-Q3 | One major customer 9M 2024 revenue | 11.0% | 26 |
| 2025-11-06 | 2025-Q3 | Notes 2029 net proceeds June 2024 | 293.2 million | 26 |
| 2025-11-06 | 2025-Q3 | Notes 2029 issued June 2024 | 300 million | 26 |
| 2025-11-06 | 2025-Q3 | Notes 2029 additional issued July 2024 | 37 million | 26 |
| 2025-11-06 | 2025-Q3 | Notes 2025 repurchased March 2025 | 5.2 million | 26 |
| 2025-11-06 | 2025-Q3 | Notes 2025 principal outstanding post-repurchase | 342.3 million | 26 |
| 2025-11-06 | 2025-Q3 | Non-USD revenues 9M 2025 | 34.9% | 26 |
| 2025-11-06 | 2025-Q3 | Non-USD revenues 9M 2024 | 62.3% | 26 |
| 2025-11-06 | 2025-Q3 | MWh batteries recognized as revenue Q3 2025 | 230.0 (USD thousands) | 26 |
| 2025-11-06 | 2025-Q3 | MWh batteries recognized as revenue Q3 2024 | 185.6 (USD thousands) | 26 |
| 2025-11-06 | 2025-Q3 | MWh batteries recognized as revenue 9M 2025 | 617.0 (USD thousands) | 26 |
| 2025-11-06 | 2025-Q3 | MWh batteries recognized as revenue 9M 2024 | 405.0 (USD thousands) | 26 |
| 2025-11-06 | 2025-Q3 | Inverters recognized as revenue Q3 2025 | 92.7 thousand | 26 |
| 2025-11-06 | 2025-Q3 | Inverters recognized as revenue Q3 2024 | 54.2 thousand | 26 |
| 2025-11-06 | 2025-Q3 | Inverters recognized as revenue 9M 2025 | 250.8 thousand | 26 |
| 2025-11-06 | 2025-Q3 | Inverters recognized as revenue 9M 2024 | 181.9 thousand | 26 |
| 2025-11-06 | 2025-Q3 | Installations connected to monitoring platform | 4.4 million | 26 |
| 2025-11-06 | 2025-Q3 | Hypothetical 10% change NIS/USD net income impact 9M 2025 | 4.5 million | 26 |
| 2025-11-06 | 2025-Q3 | Hypothetical 10% Change EUR/USD Net Income Impact 9M 2025 | 12.8 million | 26 |
| 2025-11-06 | 2025-Q3 | GWh of Batteries for PV Applications Shipped | 3.0 GWh | 26 |
| 2025-11-06 | 2025-Q3 | Gross Profit Margin Q3 2025 | 21.2% | 26 |
| 2025-11-06 | 2025-Q3 | Gross Profit Margin 9M 2025 | 14.3% | 26 |
| 2025-11-06 | 2025-Q3 | Gross Loss Margin Q3 2024 | -309.1% | 26 |
| 2025-11-06 | 2025-Q3 | Gross Loss Margin 9M 2024 | -108.5% | 26 |
| 2025-11-06 | 2025-Q3 | Deposits and Restricted Deposits | 0.5 million | 26 |
| 2025-11-06 | 2025-Q3 | cash and cash equivalents | 439.5 million | 26 |
| 2025-11-06 | 2025-Q3 | Blended ASP per Watt % Decrease Q3 | 8.8% | 26 |
| 2025-11-06 | 2025-Q3 | Blended ASP per Watt % Decrease 9M | 8.6% | 26 |
| 2025-11-06 | 2025-Q3 | Blended ASP per Watt Hour Batteries % Decrease Q3 | 4.2% | 26 |
| 2025-11-06 | 2025-Q3 | Blended ASP per Watt Hour Batteries % Decrease 9M | 16.8% | 26 |
| 2025-11-06 | 2025-Q3 | Blended ASP per Watt Hour Batteries Decrease Q3 | 0.013 dollars | 26 |
| 2025-11-06 | 2025-Q3 | Blended ASP per Watt Hour Batteries Decrease 9M | 0.059 dollars | 26 |
| 2025-11-06 | 2025-Q3 | Blended ASP per Watt Decrease Q3 | 0.017 dollars | 26 |
| 2025-11-06 | 2025-Q3 | Blended ASP per Watt Decrease 9M | 0.016 dollars | 26 |
| 2025-11-06 | 2025-Q3 | available for sale marketable securities | 59.1 million | 26 |
| 2025-11-05 | 2025-Q3 | Optimizers Recognized | 2.95 million | 25 |
| 2025-11-05 | 2025-Q3 | Inverters Recognized | 92.7 thousand | 25 |
| 2025-11-05 | 2025-Q3 | cash and investments net of debt | 208.8 million | 25 |
| 2025-11-05 | 2025-Q3 | Batteries for PV Applications Recognized | 230 MWh | 25 |
| 2025-08-07 | 2025-Q2 | Revenues from Outside U.S. (Three Months) | 36.0% | 23 |
| 2025-08-07 | 2025-Q2 | Revenues from Outside U.S. (Six Months) | 37.7% | 23 |
| 2025-08-07 | 2025-Q2 | Restricted cash | 27.3 million | 23 |
| 2025-08-07 | 2025-Q2 | Purchase obligations for raw materials | 349.1 million | 23 |
| 2025-08-07 | 2025-Q2 | Open commitments for capital expenditures | 18.5 million | 23 |
| 2025-08-07 | 2025-Q2 | Notes 2029 principal amount issued | 337 million | 23 |
| 2025-08-07 | 2025-Q2 | Notes 2025 principal amount outstanding | 342.2 million | 23 |
| 2025-08-07 | 2025-Q2 | Inverter shipments | 1,194 MW (AC) | 24 |
| 2025-08-07 | 2025-Q2 | Installations connected to cloud monitoring | 4.4 million | 23 |
| 2025-08-07 | 2025-Q2 | Gross profit margin (three months 2025) | 11.1% | 23 |
| 2025-08-07 | 2025-Q2 | Gross profit margin (six months 2025) | 9.8% | 23 |
| 2025-08-07 | 2025-Q2 | Deposits and restricted deposits | 3.5 million | 23 |
| 2025-08-07 | 2025-Q2 | Cash and investments portfolio | 131.8 million | 24 |
| 2025-08-07 | 2025-Q2 | Cash and cash equivalents | 545.2 million | 23 |
| 2025-08-07 | 2025-Q2 | Battery shipments | 247 MWh | 24 |
| 2025-08-07 | 2025-Q2 | Available-for-sale marketable securities | 235.9 million | 23 |
| 2025-05-08 | 2025-Q1 | Restricted cash | $104.5 million | 22 |
| 2025-05-08 | 2025-Q1 | Purchase obligations | $234.0 million | 22 |
| 2025-05-08 | 2025-Q1 | Open commitments for capital expenditures | $32.4 million | 22 |
| 2025-05-08 | 2025-Q1 | Net cash used in financing activities | (6,237) | 22 |
| 2025-05-08 | 2025-Q1 | Net cash provided by operating activities | 33,823 (USD in thousands) | 22 |
| 2025-05-08 | 2025-Q1 | Net cash provided by investing activities | 67,597 (USD in thousands) | 22 |
| 2025-05-08 | 2025-Q1 | Installations connected to monitoring platform | 4.3 million | 22 |
| 2025-05-08 | 2025-Q1 | Increase in cash and cash equivalents | 95,183 (USD in thousands) | 22 |
| 2025-05-08 | 2025-Q1 | Deposits and restricted deposits | $3.4 million | 22 |
| 2025-05-08 | 2025-Q1 | Cumulative batteries for PV applications | 2.4 GWh | 22 |
| 2025-05-08 | 2025-Q1 | Cumulative DC optimized inverter systems | 57.4 GW | 22 |
| 2025-05-08 | 2025-Q1 | Cash and cash equivalents | $401.4 million | 22 |
| 2025-05-08 | 2025-Q1 | Available-for-sale marketable securities | $284.3 million | 22 |
| 2025-05-08 | 2025-Q1 | AMPTCs as tax prepayment | $82,946 | 22 |
| 2025-05-06 | 2025-Q1 | Restricted cash | 104,459 (USD in thousands) | 21 |
| 2025-05-06 | 2025-Q1 | Marketable securities (long-term) | 34,051 | 21 |
| 2025-05-06 | 2025-Q1 | Marketable securities (current) | 250,267 | 21 |
| 2025-05-06 | 2025-Q1 | Cash, cash equivalents, restricted cash, bank deposits, restricted bank deposits and marketable securities (net of debt) | 113.2 million | 21 |
| 2025-05-06 | 2025-Q1 | Cash and cash equivalents | 401,364 (USD in thousands) | 21 |
| 2025-02-25 | FY2024 | Warranty provision short and long term | 432.4 million | 20 |
| 2025-02-25 | FY2024 | Training portal learners 2024 | 225,000 | 20 |
| 2025-02-25 | FY2024 | Top customer CED revenue pct | 12.9 | 20 |
| 2025-02-25 | FY2024 | Revenues United States pct | 42.1% | 20 |
| 2025-02-25 | FY2024 | Revenues rest of world pct | 22.1% | 20 |
| 2025-02-25 | FY2024 | Revenues outside US pct | 57.9% | 20 |
| 2025-02-25 | FY2024 | Revenues non-USD denominated pct | 43.8% | 20 |
| 2025-02-25 | FY2024 | Revenues Europe pct | 35.8% | 20 |
| 2025-02-25 | FY2024 | restricted deposits | 3.6 million | 20 |
| 2025-02-25 | FY2024 | restricted cash | 135.3 million | 20 |
| 2025-02-25 | FY2024 | PV installations monitored | 4.2 million | 20 |
| 2025-02-25 | FY2024 | purchase obligations | 390.3 million | 20 |
| 2025-02-25 | FY2024 | Power optimizers units sold | 6.6 million | 20 |
| 2025-02-25 | FY2024 | Power optimizer revenue pct 2024 | 34.9 | 20 |
| 2025-02-25 | FY2024 | Power optimizer revenue pct 2023 | 30.3 | 20 |
| 2025-02-25 | FY2024 | Power optimizer revenue pct 2022 | 36.5 | 20 |
| 2025-02-25 | FY2024 | pending patent applications | 393 | 20 |
| 2025-02-25 | FY2024 | Optimizers per line per day | 6,000 | 20 |
| 2025-02-25 | FY2024 | operations employees | 1,804 | 20 |
| 2025-02-25 | FY2024 | open commitments for capital expenditures | 35.0 million | 20 |
| 2025-02-25 | FY2024 | issued patents | 595 | 20 |
| 2025-02-25 | FY2024 | inverters units sold | 245.7 thousand | 20 |
| 2025-02-25 | FY2024 | inverter revenue pct 2024 | 27.5 | 20 |
| 2025-02-25 | FY2024 | inverter revenue pct 2023 | 46.2 | 20 |
| 2025-02-25 | FY2024 | inverter revenue pct 2022 | 36.6 | 20 |
| 2025-02-25 | FY2024 | installers on monitoring portal | 74,000 | 20 |
| 2025-02-25 | FY2024 | installed base power optimizers | 132.1 million | 20 |
| 2025-02-25 | FY2024 | installed base inverters | 5.8 million | 20 |
| 2025-02-25 | FY2024 | employees operations production support | 1,804 | 20 |
| 2025-02-25 | FY2024 | customer concentration trade receivables three customers pct | 43.4% | 20 |
| 2025-02-25 | FY2024 | customer concentration single customer pct | 12.9% | 20 |
| 2025-02-25 | FY2024 | countries with installations | over 145 | 20 |
| 2025-02-25 | FY2024 | certification completions 2024 | 14,000 | 20 |
| 2025-02-25 | FY2024 | cash cash equivalents restricted cash | 409.9 million | 20 |
| 2025-02-25 | FY2024 | cash and cash equivalents | 274.6 million | 20 |
| 2025-02-25 | FY2024 | blended ASP per watt solar products | 0.005 | 20 |
| 2025-02-25 | FY2024 | blended ASP per watt hour batteries PV | -0.133 | 20 |
| 2025-02-25 | FY2024 | batteries for PV megawatt hours sold | 556.2 | 20 |
| 2025-02-25 | FY2024 | available for sale marketable securities | 353.9 million | 20 |
| 2025-02-25 | FY2024 | Amptics tax prepayment | 80,516 | 20 |
| 2025-02-25 | FY2024 | top three customers revenue concentration | 31.3% | 20 |
| 2025-02-25 | FY2024 | top customer revenue concentration | 12.9% | 20 |
| 2025-02-25 | FY2024 | revenue from non-USD currencies | 42.6% | 20 |
| 2025-02-19 | 2024-Q4 | Total stockholders' equity | 658,342 (USD in thousands) | 19 |
| 2025-02-19 | 2024-Q4 | Cash flow from operating activities | 37.8 million | 19 |
| 2025-02-19 | 2024-Q4 | Cash and cash equivalents | 274,611 (USD in thousands) | 19 |
| 2024-11-07 | 2024-Q3 | Restricted bank deposits | 4.1 million | 18 |
| 2024-11-07 | 2024-Q3 | Installations connected to cloud-based monitoring platform | 4.1 million | 18 |
| 2024-11-07 | 2024-Q3 | Cash and cash equivalents | 303.9 million | 18 |
| 2024-11-07 | 2024-Q3 | Available-for-sale marketable securities | 430.9 million | 18 |
| 2024-11-07 | 2024-Q3 | Accumulated deficit | 715.28 million | 18 |
| 2024-11-06 | 2024-Q3 | Marketable securities (long-term) | 56,041 | 17 |
| 2024-11-06 | 2024-Q3 | Marketable securities (current) | 374,869 | 17 |
| 2024-11-06 | 2024-Q3 | Cash, cash equivalents, bank deposits, restricted bank deposits and marketable securities (net of debt) | 53.3 million | 17 |
| 2024-11-06 | 2024-Q3 | Cash and cash equivalents | 303,904 (USD in thousands) | 17 |
| 2024-08-07 | 2024-Q2 | Shipments power optimizers | 128.2 million | 15 |
| 2024-08-07 | 2024-Q2 | Shipments inverters | 5.7 million | 15 |
| 2024-08-07 | 2024-Q2 | Shipments batteries PV | 276.2 thousand | 15 |
| 2024-08-07 | 2024-Q2 | Sella 2 capacity | 2GWh | 15 |
| 2024-08-07 | 2024-Q2 | Sella 1 capacity | North of Israel manufacturing facility | 15 |
| 2024-08-07 | 2024-Q2 | Restricted bank deposits | 3.8 million | 15 |
| 2024-08-07 | 2024-Q2 | purchase obligations raw materials | 404.1 million | 15 |
| 2024-08-07 | 2024-Q2 | open commitments for capital expenditures | 23.9 million | 15 |
| 2024-08-07 | 2024-Q2 | Non-US revenue percentage Q2 2024 | 63.4% | 15 |
| 2024-08-07 | 2024-Q2 | Non-US revenue percentage Q2 2023 | 80.3% | 15 |
| 2024-08-07 | 2024-Q2 | Non-US revenue percentage H1 2024 | 65.4% | 15 |
| 2024-08-07 | 2024-Q2 | Non-US revenue percentage H1 2023 | 76.7% | 15 |
| 2024-08-07 | 2024-Q2 | Major customers revenue percentage Q2 2023 | 29.6% | 15 |
| 2024-08-07 | 2024-Q2 | Major customer revenue percentage Q2 2024 | 11.3% | 15 |
| 2024-08-07 | 2024-Q2 | Installations connected monitoring platform | Over 4 million | 15 |
| 2024-08-07 | 2024-Q2 | Hypothetical 10% NIS/USD forex impact H1 2024 | $16.4 million | 15 |
| 2024-08-07 | 2024-Q2 | Hypothetical 10% EUR/USD Forex Impact H1 2024 | $23.3 million | 15 |
| 2024-08-07 | 2024-Q2 | Gross Margin % Q2 2024 | -4.1% | 15 |
| 2024-08-07 | 2024-Q2 | Gross Margin % Q2 2023 | 32.0% | 15 |
| 2024-08-07 | 2024-Q2 | Gross Margin % H1 2024 | -7.9% | 15 |
| 2024-08-07 | 2024-Q2 | Gross Margin % H1 2023 | 31.9% | 15 |
| 2024-08-07 | 2024-Q2 | cash and cash equivalents | 259.5 million | 15 |
| 2024-08-07 | 2024-Q2 | Blended ASP per Watt Solar Q2 2024 | increased by $0.026, or 13.8% | 15 |
| 2024-08-07 | 2024-Q2 | Blended ASP per Watt Solar H1 2024 | decreased by $0.011, or 5.2% | 15 |
| 2024-08-07 | 2024-Q2 | Blended ASP per Watt Hour Batteries Q2 2024 | decreased by $0.108, or 22.7% | 15 |
| 2024-08-07 | 2024-Q2 | Blended ASP per Watt Hour Batteries H1 2024 | decreased by $0.101, or 21.1% | 15 |
| 2024-08-07 | 2024-Q2 | available for sale marketable securities | 550.6 million | 15 |
| 2024-08-07 | 2024-Q2 | Approx. Non-USD Revenues % H1 2024 | 48.33% | 15 |
| 2024-08-07 | 2024-Q2 | Approx. Non-USD Revenues % H1 2023 | 72.58% | 15 |
| 2024-08-07 | 2024-Q2 | Share Repurchases | 247,468 shares at average price of $68.70 per share for total consideration of approximately $17 million | 16 |
| 2024-08-07 | 2024-Q2 | Revenues from Solar Segment | 241.2 million | 16 |
| 2024-08-07 | 2024-Q2 | Revenues | 265.4 million | 16 |
| 2024-08-07 | 2024-Q2 | Gross Margin from Solar Segment | 1.3% | 16 |
| 2024-08-07 | 2024-Q2 | GAAP Operating Loss | -160.2 million | 16 |
| 2024-08-07 | 2024-Q2 | GAAP Net Loss per Share | -2.31 | 16 |
| 2024-08-07 | 2024-Q2 | GAAP Net Loss | -130.8 million | 16 |
| 2024-08-07 | 2024-Q2 | GAAP gross margin | -4.1% | 16 |
| 2024-08-07 | 2024-Q2 | Cash, Cash Equivalents, Bank Deposits, Restricted Bank Deposits and Marketable Securities | 165.3 million | 16 |
| 2024-08-07 | 2024-Q2 | Cash Used in Operating Activities | -44.8 million | 16 |
| 2024-05-09 | 2024-Q1 | Restricted bank deposits | 1.1 million | 14 |
| 2024-05-09 | 2024-Q1 | purchase obligations raw materials | 484.3 million | 14 |
| 2024-05-09 | 2024-Q1 | open commitments capital expenditures | 33.0 million | 14 |
| 2024-05-09 | 2024-Q1 | Installations connected to monitoring platform | 3.8 million | 14 |
| 2024-05-09 | 2024-Q1 | foreign exchange sensitivity NIS USD | 14.2 million | 14 |
| 2024-05-09 | 2024-Q1 | foreign exchange sensitivity EUR USD | 26.9 million | 14 |
| 2024-05-09 | 2024-Q1 | cumulative batteries for PV applications | 1.8 GWh | 14 |
| 2024-05-09 | 2024-Q1 | cumulative DC optimized inverter systems | 53.6 GW | 14 |
| 2024-05-09 | 2024-Q1 | cash and cash equivalents | 214.2 million | 14 |
| 2024-05-09 | 2024-Q1 | blended ASP per watt solar products | -0.049 | 14 |
| 2024-05-09 | 2024-Q1 | blended ASP per watt hour batteries | -0.092 | 14 |
| 2024-05-09 | 2024-Q1 | available for sale marketable securities | 734.6 million | 14 |
| 2024-05-08 | 2024-Q1 | Cash, cash equivalents, bank deposits, restricted bank deposits and marketable securities (net of debt) | 316.3 million | 13 |
| 2024-02-26 | FY2023 | women mentoring program completions 2023 | Over 50 | 12 |
| 2024-02-26 | FY2023 | women in management | over 150 | 12 |
| 2024-02-26 | FY2023 | waste recycled or recovered 2022 | 88% | 12 |
| 2024-02-26 | FY2023 | Warranty provision short and long term | 518.2 million | 12 |
| 2024-02-26 | FY2023 | warranty provision prior year | 385.1 million | 12 |
| 2024-02-26 | FY2023 | trade receivables concentration two major customers prior year | 42.2% | 12 |
| 2024-02-26 | FY2023 | trade receivables concentration three major customers | 46.8% | 12 |
| 2024-02-26 | FY2023 | supplier code conduct signatories | over 280 | 12 |
| 2024-02-26 | FY2023 | smaller lithium ion facility capacity | up to 150 MWh per annum | 12 |
| 2024-02-26 | FY2023 | revenue concentration two major customers | 24.0% | 12 |
| 2024-02-26 | FY2023 | revenue concentration one major customer prior year | 18.5% | 12 |
| 2024-02-26 | FY2023 | Restricted bank deposits | 0.3 million | 12 |
| 2024-02-26 | FY2023 | PV installations connected | More than 3.7 million | 12 |
| 2024-02-26 | FY2023 | purchase obligations raw materials | 1,041.3 million | 12 |
| 2024-02-26 | FY2023 | Power optimizer revenue pct 2023 | 30.3% | 12 |
| 2024-02-26 | FY2023 | Power optimizer revenue pct 2022 | 36.5% | 12 |
| 2024-02-26 | FY2023 | power optimizer revenue pct 2021 | 42.2% | 12 |
| 2024-02-26 | FY2023 | pending patent applications | 528 | 12 |
| 2024-02-26 | FY2023 | patent expiry range | 2024 to 2042 | 12 |
| 2024-02-26 | FY2023 | Optimizer assembly capacity | more than 6,000 optimizers per manufacturing line per day | 12 |
| 2024-02-26 | FY2023 | Operations production employees | 2,857 | 12 |
| 2024-02-26 | FY2023 | open commitments for capital expenditures | 95.5 million | 12 |
| 2024-02-26 | FY2023 | Net profit 2023 | $34.3 million | 12 |
| 2024-02-26 | FY2023 | Net profit 2022 | $93.8 million | 12 |
| 2024-02-26 | FY2023 | issued patents | 602 | 12 |
| 2024-02-26 | FY2023 | Certified installers 2023 | over 19,000 | 12 |
| 2024-02-26 | FY2023 | installed base power optimizers | 125.1 million | 12 |
| 2024-02-26 | FY2023 | installed base inverters | 5.6 million | 12 |
| 2024-02-26 | FY2023 | Energy storage production capacity | 2 GWh | 12 |
| 2024-02-26 | FY2023 | Operations production support headcount prior year | 2,383 | 12 |
| 2024-02-26 | FY2023 | Operations production support headcount | 2,857 | 12 |
| 2024-02-26 | FY2023 | Edge Academy learners 2023 | over 222,000 | 12 |
| 2024-02-26 | FY2023 | Countries with presence | over 140 | 12 |
| 2024-02-26 | FY2023 | cash and cash equivalents | 338.5 million | 12 |
| 2024-02-26 | FY2023 | available for sale marketable securities | 929.4 million | 12 |
| 2024-02-26 | FY2023 | Active installers | over 65,000 | 12 |
| 2024-02-26 | FY2023 | Warranty provision (short- and long-term combined) | 518.2 million | 12 |
| 2024-02-26 | FY2023 | Two major customers revenue concentration | 24.0% | 12 |
| 2024-02-26 | FY2023 | Total revenues | 2,976,528 (USD in thousands) | 12 |
| 2024-02-26 | FY2023 | Three major customers trade receivables concentration | 46.8% | 12 |
| 2024-02-26 | FY2023 | Tax rate | 57% | 12 |
| 2024-02-26 | FY2023 | Revenues (Solar) | 2,815,539 (USD in thousands) | 12 |
| 2024-02-26 | FY2023 | Revenues (Energy Storage) | 83,717 (USD in thousands) | 12 |
| 2024-02-26 | FY2023 | Revenues (All other) | 76,438 (USD in thousands) | 12 |
| 2024-02-26 | FY2023 | Restricted bank deposits | 0.3 million | 12 |
| 2024-02-26 | FY2023 | Purchase obligations for raw materials and manufacturing | 1,041.3 million | 12 |
| 2024-02-26 | FY2023 | Open commitments for capital expenditures | 95.5 million | 12 |
| 2024-02-26 | FY2023 | Non-U.S. dollar revenues percentage | 68.2% | 12 |
| 2024-02-26 | FY2023 | Installed base - power optimizers | approximately 125.1 million | 12 |
| 2024-02-26 | FY2023 | Installed base - inverters | approximately 5.6 million | 12 |
| 2024-02-26 | FY2023 | Foreign currency exposure - NIS/USD 10% change | 39.3 million impact on net income | 12 |
| 2024-02-26 | FY2023 | Foreign currency exposure - Euro/USD 10% change | 194.7 million impact on net income | 12 |
| 2024-02-26 | FY2023 | Consolidated operating income | 40,205 (USD in thousands) | 12 |
| 2024-02-26 | FY2023 | Cash and cash equivalents | 338.5 million | 12 |
| 2024-02-26 | FY2023 | Blended ASP per watt/hour (batteries for PV applications) | -0.016 per watt/hour (-3.3%) | 12 |
| 2024-02-26 | FY2023 | Blended ASP per watt (solar products excluding batteries) | -0.049 per watt (-20.1%) | 12 |
| 2024-02-26 | FY2023 | Available-for-sale marketable securities | 929.4 million | 12 |
| 2024-02-26 | FY2023 | AMPTCs recognized in 2023 | 6.0 million | 12 |
| 2024-02-26 | FY2023 | AMPTC recognized | 6.0 million | 12 |
| 2024-02-20 | 2023-Q4 | Marketable securities | 521,570 | 11 |
| 2024-02-20 | 2023-Q4 | Cash and equivalents | 338,468 (USD in thousands) | 11 |
| 2023-11-06 | 2023-Q3 | Restricted bank deposits | 0.3 million | 9 |
| 2023-11-06 | 2023-Q3 | Purchase obligations for raw materials and manufacturing | 1,116.6 million | 9 |
| 2023-11-06 | 2023-Q3 | open commitments for capital expenditures | 120.6 million | 9 |
| 2023-11-06 | 2023-Q3 | Installations connected to cloud monitoring | 3.6 million | 9 |
| 2023-11-06 | 2023-Q3 | Cumulative GWh residential batteries shipped | 1.6 GWh | 9 |
| 2023-11-06 | 2023-Q3 | cash and cash equivalents | 551.1 million | 9 |
| 2023-11-06 | 2023-Q3 | available for sale marketable securities | 913.4 million | 9 |
| 2023-08-07 | 2023-Q2 | Trade receivables - two major customers concentration | 38.1% | 6 |
| 2023-08-07 | 2023-Q2 | Revenues from outside U.S. (6M) | 76.7% | 6 |
| 2023-08-07 | 2023-Q2 | Revenues from outside U.S. (3M) | 80.3% | 6 |
| 2023-08-07 | 2023-Q2 | Revenue concentration - three months (two major customers) | 29.6% | 6 |
| 2023-08-07 | 2023-Q2 | Revenue concentration - six months (two major customers) | 24.7% | 6 |
| 2023-08-07 | 2023-Q2 | Restricted bank deposits | 0.3 million | 6 |
| 2023-08-07 | 2023-Q2 | Purchase obligations | 1,443.3 million | 6 |
| 2023-08-07 | 2023-Q2 | Open commitments for capital expenditures | 133.0 million | 6 |
| 2023-08-07 | 2023-Q2 | Installations connected to cloud-based monitoring platform | 3.5 million | 6 |
| 2023-08-07 | 2023-Q2 | Gross margin (6M 2023) | 31.9% | 6 |
| 2023-08-07 | 2023-Q2 | Gross margin (6M 2022) | 26.1% | 6 |
| 2023-08-07 | 2023-Q2 | Gross margin (3M 2023) | 32.0% | 6 |
| 2023-08-07 | 2023-Q2 | Gross margin (3M 2022) | 25.1% | 6 |
| 2023-08-07 | 2023-Q2 | Cash and cash equivalents | 557.7 million | 6 |
| 2023-08-07 | 2023-Q2 | Available-for-sale marketable securities | 929.0 million | 6 |
| 2023-08-01 | 2023-Q2 | Record revenues from solar segment | $947.4 million | 5 |
| 2023-08-01 | 2023-Q2 | Record revenues | $991.3 million | 5 |
| 2023-08-01 | 2023-Q2 | Record GAAP operating income | $150.4 million | 5 |
| 2023-08-01 | 2023-Q2 | Gross Margin from Solar Segment | 34.7% | 5 |
| 2023-08-01 | 2023-Q2 | GAAP net diluted EPS | $2.03 | 5 |
| 2023-08-01 | 2023-Q2 | GAAP gross margin | 32.0% | 5 |
| 2023-08-01 | 2023-Q2 | Cash, Cash Equivalents, Bank Deposits, Restricted Bank Deposits and Marketable Securities | $853.5 million | 5 |
| 2023-08-01 | 2023-Q2 | 269 MWh of batteries shipped | 269 MWh | 5 |
| 2023-05-08 | 2023-Q1 | Trade receivables - two major customers concentration Q1 2023 | 27.8% | 4 |
| 2023-05-08 | 2023-Q1 | Trade receivables - three major customers concentration Q4 2022 | 42.4% | 4 |
| 2023-05-08 | 2023-Q1 | Revenues outside U.S. percentage Q1 2023 | 72.6% | 4 |
| 2023-05-08 | 2023-Q1 | Revenues outside U.S. percentage Q1 2022 | 59.4% | 4 |
| 2023-05-08 | 2023-Q1 | Revenues - two major customers concentration Q1 2023 | 21.9% | 4 |
| 2023-05-08 | 2023-Q1 | Revenues - one major customer concentration Q1 2022 | 23.5% | 4 |
| 2023-05-08 | 2023-Q1 | Restricted bank deposits | 0.3 million | 4 |
| 2023-05-08 | 2023-Q1 | Purchase obligations for raw materials and manufacturing | 1,617.4 million | 4 |
| 2023-05-08 | 2023-Q1 | Open commitments for capital expenditures | 121.3 million | 4 |
| 2023-05-08 | 2023-Q1 | Installations monitored | 3.3 million | 4 |
| 2023-05-08 | 2023-Q1 | Cash and cash equivalents | 727.8 million | 4 |
| 2023-05-08 | 2023-Q1 | Blended ASP per watt/hour for residential batteries percentage decrease | 10.4% | 4 |
| 2023-05-08 | 2023-Q1 | Blended ASP per watt/hour for residential batteries decrease | $0.055 | 4 |
| 2023-05-08 | 2023-Q1 | Blended ASP per watt percentage decrease | 19.4% | 4 |
| 2023-05-08 | 2023-Q1 | Blended ASP per watt decrease | $0.052 | 4 |
| 2023-05-08 | 2023-Q1 | Available-for-sale marketable securities | 919.9 million | 4 |
| 2023-05-03 | 2023-Q1 | MWh of batteries shipped | 221 | 3 |
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Guidance Tracking (latest per metric/period · 19/58)#
All management forecasts (guidance) and their later outcome. Types: fiscal-year targets as well as quarterly/half-year targets; per metric and period the most recent statement applies, older versions can be expanded. The status is checked automatically against the actuals reported later: open (period still running), met, beaten, missed. For ranges (“X to Y”) reaching the range counts. Logged neutrally, no estimate of our own, no assessment.
Actuals: revenue in $m
| For period | Guided on | Metric | Guided | Actual | Verdict | Direction | Source |
|---|---|---|---|---|---|---|---|
| 2026-Q3 | 2026-08-05 | Gross margin (non-GAAP) | 22–26% | – | pending | initiated | 32 |
| 2026-Q2 | 2026-05-06 | Revenue | 325–355 | 346.2 | in line | initiated | 29 |
| 2026-Q2 | 2026-05-06 | Gross margin (non-GAAP) | 23–27% | – | – | initiated | 29 |
| 2026-Q2 | 2026-05-06 | OpEx (non-GAAP) | 86–91 | – | – | initiated | 29 |
| 2026-Q1 | 2026-02-18 | Revenue | 290–320 | 310.5 | in line | initiated | 27 |
| 2026-Q1 | 2026-02-18 | Gross margin (non-GAAP) | 20–24% | – | – | initiated | 27 |
| 2026-Q1 | 2026-02-18 | OpEx (non-GAAP) | 88–93 | – | – | initiated | 27 |
| 2025-Q4 | 2025-11-05 | Revenue | 310–340 | 335.4 | in line | initiated | 25 |
| 2025-Q4 | 2025-11-05 | Gross margin (non-GAAP) | within the range of 19% to 23%, including approximately 2% of tariff impact | – | – | initiated | 25 |
| 2025-Q4 | 2025-11-05 | OpEx (non-GAAP) | 85–90 | – | – | initiated | 25 |
| 2025-Q3 | 2025-08-07 | Revenue | 315–355 | 340.2 | in line | initiated | 24 |
| 2025-Q3 | 2025-08-07 | Gross margin (non-GAAP) | 15–19% | – | – | initiated | 24 |
| 2025-Q3 | 2025-08-07 | OpEx (non-GAAP) | 85–90 | – | – | initiated | 24 |
| 2025-Q2 | 2025-05-06 | Revenue | 265–285 | 289.4 | beat | initiated | 21 |
| 2025-Q2 | 2025-05-06 | Gross margin (non-GAAP) | 8–12% | – | – | initiated | 21 |
| 2025-Q2 | 2025-05-06 | OpEx (non-GAAP) | 90–95 | – | – | initiated | 21 |
| 2025-Q1 | 2025-02-19 | Revenue | 195–215 | 219.5 | beat | initiated | 19 |
| 2025-Q1 | 2025-02-19 | Gross margin (non-GAAP) | 6–10% | – | – | initiated | 19 |
| 2025-Q1 | 2025-02-19 | OpEx (non-GAAP) | 98–103 | – | – | initiated | 19 |
| 2024-Q4 | 2024-11-06 | Revenue | 180–200 | 196.2 | in line | initiated | 17 |
| 2024-Q4 | 2024-11-06 | Gross margin (GAAP) | 0–3% | – | – | initiated | 17 |
| 2024-Q4 | 2024-11-06 | Gross margin (non-GAAP) | 0–4% | – | – | initiated | 17 |
| 2024-Q4 | 2024-11-06 | OpEx (non-GAAP) | 103–108 | – | – | initiated | 17 |
| 2024-Q4 | 2024-11-06 | Revenues from the solar segment | 170–190 | – | – | initiated | 17 |
| 2024-Q3 | 2024-08-07 | Revenue | 260–290 | 235.4 | miss | initiated | 16 |
| 2024-Q3 | 2024-08-07 | Gross margin (GAAP) | 0–4% | – | – | initiated | 16 |
| 2024-Q3 | 2024-08-07 | Gross margin (non-GAAP) | -3–1% | – | – | initiated | 16 |
| 2024-Q3 | 2024-08-07 | OpEx (non-GAAP) | 111–116 | – | – | initiated | 16 |
| 2024-Q3 | 2024-08-07 | Revenues from the solar segment | 245–280 | – | – | initiated | 16 |
| 2024-Q2 | 2024-05-08 | Revenue | 250–280 | 265.4 | in line | initiated | 13 |
| 2024-Q2 | 2024-05-08 | Gross margin (non-GAAP) | -4–0% | – | – | initiated | 13 |
| 2024-Q2 | 2024-05-08 | OpEx (non-GAAP) | 116–120 | – | – | initiated | 13 |
| 2024-Q1 | 2024-02-20 | Revenue | 175–215 | 204.4 | in line | initiated | 11 |
| 2024-Q1 | 2024-02-20 | Gross margin (GAAP) | 1–5% | – | – | initiated | 11 |
| 2024-Q1 | 2024-02-20 | Gross margin (non-GAAP) | 1–3% | – | – | initiated | 11 |
| 2024-Q1 | 2024-02-20 | OpEx (non-GAAP) | 122–130 | – | – | initiated | 11 |
| 2024-Q1 | 2024-02-20 | Revenues from Solar Segment | 160–200 | – | – | initiated | 11 |
| 2023-Q4 | 2023-11-01 | Revenue | 300–350 | 316 | in line | initiated | 8 |
| 2023-Q4 | 2023-11-01 | Gross margin (GAAP) | 7% to 10% including approximately 130 basis points of net IRA manufacturing tax credit | – | – | initiated | 8 |
| 2023-Q4 | 2023-11-01 | Gross margin (non-GAAP) | 5% to 8%, including approximately 130 basis points of net IRA manufacturing tax credit | – | – | initiated | 8 |
| 2023-Q4 | 2023-11-01 | OpEx (non-GAAP) | 126–130 | – | – | initiated | 8 |
| 2023-Q4 | 2023-11-01 | Revenues from the solar segment | 275–320 | – | – | initiated | 8 |
| 2023-Q3 | 2023-10-20 ° | Revenue | 720–730 | 725.3 | in line | cut | 7 |
| 2023-Q3 | 2023-10-20 ° | Gross margin (GAAP) | 19–20% | – | – | cut | 7 |
| 2023-Q3 | 2023-10-20 ° | Gross margin (non-GAAP) | 20.1–21.1% | – | – | cut | 7 |
| 2023-Q3 | 2023-10-20 ° | GAAP Operating Loss | 9–28 | – | – | cut | 7 |
| 2023-Q3 | 2023-10-20 ° | Non-GAAP operating income | 12–31 | – | – | cut | 7 |
| 2023-Q3 | 2023-08-01 | Revenues from the solar segment | 850–890 | – | – | initiated | 5 |
| 2023-Q2 | 2023-05-03 | Revenue | 970–1,010 | 991.3 | in line | initiated | 3 |
| 2023-Q2 | 2023-05-03 | Gross margin (GAAP) | 34–37% | – | – | initiated | 3 |
| 2023-Q2 | 2023-05-03 | Gross margin (non-GAAP) | 32–35% | – | – | initiated | 3 |
| 2023-Q2 | 2023-05-03 | Non-GAAP operating profit | 195–215 | – | – | initiated | 3 |
| 2023-Q2 | 2023-05-03 | Revenues from the solar segment | 930–980 | – | – | initiated | 3 |
| 2023-Q1 | 2023-02-13 | Revenue | 915–945 | 943.9 | in line | initiated | 1 |
| 2023-Q1 | 2023-02-13 | Gross margin (GAAP) | 31–34% | – | – | initiated | 1 |
| 2023-Q1 | 2023-02-13 | Gross margin (non-GAAP) | 28–31% | – | – | initiated | 1 |
| 2023-Q1 | 2023-02-13 | Non-GAAP operating profit | 150–170 | – | – | initiated | 1 |
| 2023-Q1 | 2023-02-13 | Revenues from the solar segment | 875–905 | – | – | initiated | 1 |
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Development#
A condensed summary per reporting period as running text: what changed operationally, which drivers management names, how earnings and cash flow developed. Most recent period first, grouped by year; each text is written from the original report of that period, superscript numbers lead to the source.
FY2026
SolarEdge Technologies generated $656.7 million in revenue in the first half of fiscal year 2026, representing 29.0% growth versus the comparable 2025 period, with Q1 revenue up 46% year-over-year to $310.5 million and Q2 revenue up 19.6% to $346.2 million, driven primarily by an 86.8% increase in battery megawatt hours and a 15.4% rise in power optimizer units in Q1 (29, 31). Gross profit margin expanded year-over-year in both quarters, reaching 22.0% in Q1 2026 from 8.0% and 27.5% in Q2 2026 from 11.1%, supported by higher fixed-cost absorption from increased revenues, improved product mix favoring US-manufactured products, AMPTC recognition, and $13.6 million in IEEPA tariff refunds received in the first half (30, 31). The company returned to non-GAAP operating profitability of $10.2 million in Q2 2026, the first such result since Q2 2023, while the GAAP net loss narrowed from $124.7 million in Q2 2025 to $30.8 million (32, 31). SolarEdge consolidated manufacturing to US facilities in Texas, Florida, and Utah, discontinued production in China, Mexico, and Hungary, and launched the SolarEdge Nexis next-generation residential product portfolio in key markets during the period (30, 31). The company additionally discontinued its e-Mobility, energy storage, and PV Tracker businesses as part of a strategic portfolio rationalization (31).
FY2025
SolarEdge Technologies reported FY2025 revenue of $1,184.4 million, a 31.4% increase from $901.5 million in 2024, as normalized channel inventory in the United States and Europe drove higher inverter and power optimizer volumes, partially offset by continued price reductions primarily in Europe (28). GAAP gross margin recovered to 16.6% from a gross loss of 97.3% in 2024, primarily driven by a decrease in inventory write-down accruals from $738.8 million in 2024 to $17.8 million in 2025 (28). Net loss narrowed to $405.4 million from $1,806.4 million in 2024, and operating cash flow turned positive at $104.3 million compared to negative $313.3 million in the prior year (28). The company executed significant portfolio restructuring during 2025, discontinuing the Energy Storage Division, divesting the PV tracker business and Automation Machines unit, and shifting manufacturing to the United States (28). As of December 31, 2025, the net cash position stood at $123.5 million following the September 2025 cash settlement of $342.3 million in convertible notes (26, 27).
FY2024
SolarEdge Technologies' full-year 2024 revenue declined 69.7% to $901.5 million from $2,976.5 million in 2023, driven by substantial unexpected cancellations and push-outs of backlog from European distributors beginning Q3 2023 due to high channel inventory and slower-than-expected installation rates 20. Full-year GAAP gross margin turned deeply negative at -97.3% compared to positive 23.6% in 2023, primarily reflecting $698.3 million in inventory write-downs, lower fixed-cost absorption on materially reduced volumes, and price reductions 20. The company recorded total write-downs and impairments of approximately $1.17 billion during 2024, contributing to a GAAP net loss of $1,806.4 million versus net income of $34.3 million in 2023 19. Free cash flow deficit was $421.5 million for the full year, with Q4 2024 being the only quarter to generate positive free cash flow at $25.5 million 19. Key non-financial developments included the resignation of CEO Zvi Lando in August 2024, multiple workforce reduction programs, exits from e-Mobility and the Energy Storage businesses, and a debt maturity extension via issuance of $300 million in 2029 convertible notes used to repurchase $285 million of 2025 notes 18 20.
FY2023
SolarEdge Technologies reported full-year 2023 revenues of $2,976.5 million, a decline of 4.3% from $3,110.3 million in 2022, as a record-setting first half was offset by a severe demand reversal in the second half driven by high interest rates, lower power prices, and inventory buildup in European distribution channels 12. Q1 and Q2 2023 delivered sequential revenue records of $943.9 million (+44% year-over-year) and $991.3 million (+36% year-over-year), with GAAP gross margin reaching 32.0% 3 5. Beginning in Q3 2023, substantial unexpected cancellations and pushouts of existing backlog from European distributors caused revenues to fall to $725.3 million in Q3 and $316.0 million in Q4, with GAAP gross margin declining to 19.7% and negative territory in Q4 respectively 8 11. Full-year GAAP net income declined 63.4% to $34.3 million, operating cash flow turned negative to -$180.1 million, and year-end inventories nearly doubled to $1,443.4 million from $729.2 million at the end of 2022 12. In response, the company announced a restructuring plan in October 2023 to discontinue its light commercial vehicle e-Mobility activity, terminate manufacturing in Mexico, and reduce manufacturing capacity in China, followed by an announced 16% headcount reduction in January 2024 12.
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Sources: official investor relations documents#
All original documents used, with type (e.g. quarterly, half-year, annual report), publication date and a direct link to the filing (EDINET/SEC/IR). Every superscript number in the report points to an entry in this list; so every figure can be traced back to its place in the original.
54 documents · 2016 – 2026 · SEC EDGAR (USA)
| # | Document type | Published | Link |
|---|---|---|---|
| #1 / #101 | 8-K-EX99.1 | 2023-02-13 | Open |
| #2 | 10-K | 2023-02-22 | Open |
| #3 / #103 | 8-K-EX99.1 | 2023-05-03 | Open |
| #4 | 10-Q | 2023-05-08 | Open |
| #5 / #105 | 8-K-EX99.1 | 2023-08-01 | Open |
| #6 | 10-Q | 2023-08-07 | Open |
| #7 | 8-K-EX99.1 | 2023-10-20 | Open |
| #8 / #108 | 8-K-EX99.1 | 2023-11-01 | Open |
| #9 | 10-Q | 2023-11-06 | Open |
| #10 | 8-K-EX99.1 | 2024-01-22 | Open |
| #11 / #111 | 8-K-EX99.1 | 2024-02-20 | Open |
| #12 | 10-K | 2024-02-26 | Open |
| #13 / #113 | 8-K-EX99.1 | 2024-05-08 | Open |
| #14 | 10-Q | 2024-05-09 | Open |
| #15 | 10-Q | 2024-08-07 | Open |
| #16 / #116 | 8-K-EX99.1 | 2024-08-07 | Open |
| #17 / #117 | 8-K-EX99.1 | 2024-11-06 | Open |
| #18 | 10-Q | 2024-11-07 | Open |
| #19 / #119 | 8-K-EX99.1 | 2025-02-19 | Open |
| #20 | 10-K | 2025-02-25 | Open |
| #21 | 8-K-EX99.1 | 2025-05-06 | Open |
| #22 | 10-Q | 2025-05-08 | Open |
| #23 | 10-Q | 2025-08-07 | Open |
| #24 / #124 | 8-K-EX99.1 | 2025-08-07 | Open |
| #25 / #125 | 8-K-EX99.1 | 2025-11-05 | Open |
| #26 | 10-Q | 2025-11-06 | Open |
| #27 / #127 | 8-K-EX99.1 | 2026-02-18 | Open |
| #28 | 10-K | 2026-02-25 | Open |
| #29 | 8-K-EX99.1 | 2026-05-06 | Open |
| #30 | 10-Q | 2026-05-07 | Open |
| #31 | 10-Q | 2026-08-05 | Open |
| #32 / #132 | 8-K-EX99.1 | 2026-08-05 | Open |
Older sources (+22)
| # | Document type | Published | Link |
|---|---|---|---|
| #201 | 10-Q | 2016-05-10 | Open |
| #203 | 10-K | 2016-08-17 | Open |
| #207 | 10-K | 2016-08-17 | Open |
| #202 | 10-Q | 2016-11-09 | Open |
| #204 | 10-Q | 2017-05-10 | Open |
| #205 | 10-Q | 2017-08-03 | Open |
| #206 | 10-Q | 2017-11-08 | Open |
| #211 | 10-K | 2018-02-20 | Open |
| #208 | 10-Q | 2018-05-10 | Open |
| #209 | 10-Q | 2018-08-03 | Open |
| #210 | 10-Q | 2018-11-02 | Open |
| #215 | 10-K/A | 2019-02-28 | Open |
| #212 | 10-Q | 2019-05-10 | Open |
| #213 | 10-Q | 2019-08-08 | Open |
| #214 | 10-Q | 2019-11-07 | Open |
| #219 | 10-K | 2020-02-27 | Open |
| #216 | 10-Q | 2020-05-07 | Open |
| #217 | 10-Q | 2020-08-06 | Open |
| #218 | 10-Q | 2020-11-04 | Open |
| #220 | 10-Q | 2021-05-04 | Open |
| #221 | 10-Q | 2021-08-04 | Open |
| #222 | 10-Q | 2021-11-03 | Open |
FAQ#
Where can I find the official investor relations documents of SolarEdge Technologies Inc.?
The sources chapter links all 67 original filings used (SEC filings) with type, publication date and a direct link; every figure in the report carries a source number.
More reports#
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