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SolarEdge Technologies Stock SEDG

SolarEdge Technologies Inc. · SEC filings · Reporting currency USD · Quarterly reporting · Figures as of Q2 2026 · updated 2026-10-18 · checked 2026-10-08 · ISIN US83417M1045 · WKN A14QVM

SolarEdge Technologies designs, develops, and sells DC-optimized inverter systems, power optimizers, and battery storage solutions primarily for residential and commercial solar photovoltaic installations. SolarEdge Technologies stock (SEDG): Quarterly and annual results since 2023 from Quarterly Report and SEC filings: revenue, earnings, balance sheet, cash flow and management guidance, every figure with its source. As of 08/2026, quarterly reporting. Stock analysis by NadirAlpha. SolarEdge Technologies stock (SEDG): listed on Nasdaq, WKN A14QVM. NadirAlpha has evaluated 54 original documents, cross-checked every figure automatically and linked each to its source; sources as of 08/2026. Revenue Q2 2026: USD 346 million (+20% year on year). Latest reading: Adjusted result turned positive, Revenue decelerating, Margin expanding, Strategic pivot.

Adjusted result turned positive Revenue decelerating Margin expanding strategy: Strategic pivot

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SolarEdge Technologies Current Status

The current state of SolarEdge Technologies at a glance, figures as of Q2 2026, with core figures and the key management statements from the latest filing. NadirAlpha methodology

Assessment by NadirAlpha, as of Q2 2026.

SolarEdge reported Q2 2026 revenue of 346.2 million, up 19.6% versus Q2 2025, driven primarily by higher battery sales volume. 31 The company returned to non-GAAP operating profitability for the first time since Q2 2023, with adjusted operating income of 10.2 million. 32 Gross profit margin reached 27.5% in Q2 2026, marking the sixth consecutive quarter of year-over-year gross margin expansion. 31 32 Key developments in the quarter included the launch of the Nexis next-generation residential product portfolio, new commercial battery storage solutions, and discontinuation of several non-core business segments. 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$ million+19.6 % vs. 2025-Q2
Net profit · 2026-Q2-31$ million+75.3 % vs. 2025-Q2
EPS · 2026-Q2-0.50$+76.5 % vs. 2025-Q2
Revenue trend
Guidance
For 2026-Q3, SolarEdge Technologies guides Gross margin (non-GAAP) 22 to 26% (initiated). 32
Profitability
GAAP operating loss narrowed to 16 million in Q2 2026 from 115.5 million in Q2 2025. 32 Net loss was 30.8 million (-0.50 per diluted share), compared to a net loss of 124.7 million in the prior-year quarter. 31 Operating cash flow was 11.4 million, and free cash flow turned positive at 3.1 million. 32
Leverage
Cash and cash equivalents stood at 527.3 million at the end of Q2 2026, up from 512.4 million at the end of Q1 2026. SolarEdge Technologies held a net cash position of 194.9 million (negative net debt), compared to 180.4 million one quarter earlier. No LTM EBITDA figure is disclosed in the reported inputs; the expanding net cash balance reflects continued progress in reducing operating losses.
Management view
The continued transition of inverter products to the Single SKU software-defined platform, designed to reduce manufacturing complexity and enable flexible field programming globally, represents a central element of SolarEdge's near-term product strategy. 31 The relocation of contract manufacturing to U.S. facilities in Texas, Florida, and Utah positions the company to capture Advanced Manufacturing Production Tax Credits under the Inflation Reduction Act. 31 Management indicated plans to further scale the Nexis residential platform and advance SolarEdge SST technology for AI factory applications as forward-looking growth initiatives. 32
Change
Gross profit margin improvement in Q2 2026 was partly supported by non-recurring AMPTC and IEEPA tariff refunds; the company received $13.6 million in tariff refunds and CBP interest in H1 2026 related to duties paid in prior periods. 31 H.R.1, enacted July 4, 2025, accelerated the phase-out of clean energy tax credits, eliminating the individual homeowner Section 25D credit at end of 2025 and shortening ITC/PTC expiration from 2034 to 2027, materially altering the residential solar market environment. 31 The FCC updated its Covered List on July 28, 2026, requiring new inverter models to qualify as domestic end products, although existing authorized products are generally not affected. 31
Risks (current)
Prohibited Foreign Entities restrictions under H.R.1 Section 45X impose compliance thresholds, and potential Treasury guidance changes could adversely affect manufacturing costs; separately, Section 122 tariff exposure remains uncertain following a U.S. Court of International Trade ruling, with an appeal pending regarding refund mechanisms and timeline. 31 Approximately 7% of Israeli employees were on active reserve duty in Q2 2026, and a reemergence of military conflicts could materially affect operations and facilities. 31 The U.S. residential solar market is experiencing industry-wide demand softness, and the company's reliance on a limited number of contract manufacturers and single-source suppliers creates potential revenue timing risk from capacity constraints or disruptions. 31 32
New this reporting period
SolarEdge 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 energy storage battery solutions with scalable inverter outputs during Q2 2026. 31 The company implemented discontinuation of its e-Mobility business, standalone energy storage business, and PV Tracker business as part of strategic portfolio rationalization. 31 The rollout of the Single SKU software-defined inverter platform also continued during the quarter. 31

SolarEdge Technologies Stock: Key Figures ($ million)

NadirAlpha shows fiscal years, half-years and quarters of SolarEdge Technologies one below the other, most recently Q2 2026; every figure is clickable and leads to raw value, location and source. NadirAlpha extracts all values automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original. NadirAlpha methodology

All figures serve only to support your own investment decision and are not a recommendation; the company's original reports are authoritative.

Revenue ($ million) · annual basis, as reported
Net income ($ million) · annual basis, as reported
EPS ($) · annual basis, as reported
Operating cash flow ($ million) · annual basis, as reported
Revenue ($ million) · quarterly basis, as reported
Net income ($ million) · quarterly basis, as reported
EPS ($) · quarterly basis, as reported
Operating cash flow ($ million) · quarterly basis, as reported
Cash ($ million) · annual basis, as reported
Debt ($ million) · annual basis, as reported
Net Debt ($ million) · annual basis, as reported
Capex ($ million) · annual basis, as reported
FCF ($ million) · annual basis, as reported
D&A ($ million) · annual basis, as reported
Cash ($ million) · quarterly basis, as reported
Debt ($ million) · quarterly basis, as reported
Net Debt ($ million) · quarterly basis, as reported
Capex ($ million) · quarterly basis, as reported
FCF ($ million) · quarterly basis, as reported
D&A ($ million) · quarterly basis, as reported
Shown: the most recent fiscal years. Full history since FY2016 is on record.

Fiscal years

Amounts in $ million · EPS in $ per share · as reported
SolarEdge Technologies stock: key figures on annual basis, FY2023 to FY2025, in $ million. Compiled by NadirAlpha from SEC filings.
PeriodRevenueOp. incomeOp. income (adj.)Net incomeEPS ($)EPS adj. ($)OCFSource
FY20251,184.4-301.7–-405.4-6.88–104.328
FY2024901.5-1,708.3–-1,806.4-31.64–-313.320
FY20232,976.540.2290.134.30.604.12-180.112

Quarters

Amounts in $ million · EPS in $ per share · as reported
SolarEdge Technologies stock: key figures on quarterly basis, 2023-Q1 to 2026-Q2, in $ million. Compiled by NadirAlpha from SEC filings.
PeriodPublishedRevenueOp. incomeOp. income (adj.)Net incomeEPS ($)EPS adj. ($)EBITDA (adj.)FCFCashNet DebtSource
2026-Q2*2026-08-05346.2-1610.2-30.8-0.50–10.23.1527.3-194.9~132
2026-Q1*2026-05-06310.5-55-24.8-57.4-0.95–-24.820.7512.4-180.4~29
2025-Q4*2026-02-18335.4-48.3–-132.1-2.24*≈––43.3455.1-123.5127
2025-Q3*2025-11-05340.2-35.1–-50.1-0.84––22.8439.5-108.3132
2025-Q2*2025-08-07289.4-115.5-48.3-124.7-2.13–-48.3-9.1545.2127.4132
2025-Q1*2025-05-06219.5-102.7–-98.5-1.70––23.7401.4270.521
2024-Q4*2025-02-19196.2-263.7–-287.4-5.03*≈––25.5274.6401.719
2024-Q3*2024-11-06235.4-1,110.7-808.1-1,230.8-21.58-15.31–-136.7303.9371.617
2024-Q2*2024-08-07265.4-160.2-114.3-130.8-2.31-1.79–-67259.5379.2~15
2024-Q1*2024-05-08204.4-173.7-122.5-157.3-2.75-1.90–-243.4214.2413.9~13
2023-Q4*2024-02-20316-237.6-107.8-162.4-2.84*≈-0.92–-180.4338.5288.911
2023-Q3*2023-10-20725.3-16.723.1-61.2-1.08-0.55–-5.4551.175.5~7
2023-Q2*2023-08-01991.3150.4191119.52.032.62–-134.4557.768.25
2023-Q1*2023-05-03943.9144.2183.8138.42.352.90–-30.4727.8-102.73
* derived: values with formula provenance (hover); Q4 = FY − 9M · H2 = FY − H1 · EPS via implied shares · net debt = financial debt − cash · FCF = OCF − |capex|.

SolarEdge Technologies Balance Sheet & Cash Flow ($ million)

Point-in-time balance sheet items of SolarEdge Technologies (cash, financial debt) and cash flow items per fiscal year, half-year and quarter, derived values with their formula in the popover. NadirAlpha extracts all values automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original. NadirAlpha methodology

Fiscal years

Amounts in $ million · as reported
SolarEdge Technologies stock: balance sheet and cash flow on annual basis, FY2023 to FY2025, in $ million. Compiled by NadirAlpha from SEC filings.
PeriodPublishedCashDebtNet DebtD&AOCFCapexFCFSource
FY20252026-02-18455.1331.6-123.530.5104.323.580.827
FY20242025-02-19274.6676.3401.759.9-313.3108.2-421.519
FY20232024-02-20338.5627.4288.957.2-180.1170.5-350.611

Quarters

Amounts in $ million · as reported
SolarEdge Technologies stock: balance sheet and cash flow on quarterly basis, 2023-Q1 to 2026-Q2, in $ million. Compiled by NadirAlpha from SEC filings.
PeriodPublishedCashDebtNet DebtD&AOCFCapexFCFSource
2026-Q22026-08-05527.3332.3~-194.9~5.711.48.33.1132
2026-Q12026-05-06512.4331.9~-180.4~5.924.43.720.729
2025-Q42026-02-18455.1331.6-123.57.152.69.343.3127
2025-Q32025-11-05439.5331.2-108.37.225.62.822.8132
2025-Q22025-08-07545.2672.6127.44.2-7.81.3-9.1132
2025-Q12025-05-06401.4671.9270.51233.810.123.721
2024-Q42025-02-19274.6676.3401.712.737.812.325.519
2024-Q32024-11-06303.9675.5371.616.8-89.347.4-136.717
2024-Q22024-08-07259.5638.7~379.2~15.4-44.822.2-6715
2024-Q12024-05-08214.2628.1~413.9~15-21726.3-243.413
2023-Q42024-02-20338.5627.4288.915.2-139.940.5-180.411
2023-Q32023-11-01551.1626.6~75.5~15.340.645.9-5.48
2023-Q22023-08-01557.7625.968.213.3-88.745.7-134.45
2023-Q12023-05-03727.8625.2-102.713.57.938.3-30.43
Debt = long-term + current · Net debt = debt − cash · FCF = OCF − capex.

SolarEdge Technologies Guidance Tracking (latest per metric/period · 19/58)

All forecasts (guidance) of the SolarEdge Technologies management and their later outcome: per metric and period the most recent statement applies, the status is checked against the reported actuals. NadirAlpha methodology

Actuals: revenue in $m

Direction: cutinitiated Verdict: beatin linemisspending

SolarEdge Technologies: guidance and actuals per metric and period, 58 entries. Compiled by NadirAlpha from SEC filings.
For periodGuided onMetricGuidedActualVerdictDirectionSource
2026-Q32026-08-05Gross margin (non-GAAP)22–26%–32
2026-Q22026-05-06Revenue325–355346.229
2026-Q22026-05-06Gross margin (non-GAAP)23–27%––29
2026-Q22026-05-06OpEx (non-GAAP)86–91––29
2026-Q12026-02-18Revenue290–320310.527
2026-Q12026-02-18Gross margin (non-GAAP)20–24%––27
2026-Q12026-02-18OpEx (non-GAAP)88–93––27
2025-Q42025-11-05Revenue310–340335.425
2025-Q42025-11-05Gross margin (non-GAAP)within the range of 19% to 23%, including approximately 2% of tariff impact––25
2025-Q42025-11-05OpEx (non-GAAP)85–90––25
2025-Q32025-08-07Revenue315–355340.224
2025-Q32025-08-07Gross margin (non-GAAP)15–19%––24
2025-Q32025-08-07OpEx (non-GAAP)85–90––24
2025-Q22025-05-06Revenue265–285289.421
2025-Q22025-05-06Gross margin (non-GAAP)8–12%––21
2025-Q22025-05-06OpEx (non-GAAP)90–95––21
2025-Q12025-02-19Revenue195–215219.519
2025-Q12025-02-19Gross margin (non-GAAP)6–10%––19
2025-Q12025-02-19OpEx (non-GAAP)98–103––19
2024-Q42024-11-06Revenue180–200196.217
2024-Q42024-11-06Gross margin (GAAP)0–3%––17
2024-Q42024-11-06Gross margin (non-GAAP)0–4%––17
2024-Q42024-11-06OpEx (non-GAAP)103–108––17
2024-Q42024-11-06Revenues from the solar segment170–190––17
2024-Q32024-08-07Revenue260–290235.416
2024-Q32024-08-07Gross margin (GAAP)0–4%––16
2024-Q32024-08-07Gross margin (non-GAAP)-3–1%––16
2024-Q32024-08-07OpEx (non-GAAP)111–116––16
2024-Q32024-08-07Revenues from the solar segment245–280––16
2024-Q22024-05-08Revenue250–280265.413
2024-Q22024-05-08Gross margin (non-GAAP)-4–0%––13
2024-Q22024-05-08OpEx (non-GAAP)116–120––13
2024-Q12024-02-20Revenue175–215204.411
2024-Q12024-02-20Gross margin (GAAP)1–5%––11
2024-Q12024-02-20Gross margin (non-GAAP)1–3%––11
2024-Q12024-02-20OpEx (non-GAAP)122–130––11
2024-Q12024-02-20Revenues from Solar Segment160–200––11
2023-Q42023-11-01Revenue300–3503168
2023-Q42023-11-01Gross margin (GAAP)7% to 10% including approximately 130 basis points of net IRA manufacturing tax credit––8
2023-Q42023-11-01Gross margin (non-GAAP)5% to 8%, including approximately 130 basis points of net IRA manufacturing tax credit––8
2023-Q42023-11-01OpEx (non-GAAP)126–130––8
2023-Q42023-11-01Revenues from the solar segment275–320––8
2023-Q32023-10-20 °Revenue720–730725.37
2023-Q32023-10-20 °Gross margin (GAAP)19–20%––7
2023-Q32023-10-20 °Gross margin (non-GAAP)20.1–21.1%––7
2023-Q32023-10-20 °GAAP Operating Loss9–28––7
2023-Q32023-10-20 °Non-GAAP operating income12–31––7
2023-Q32023-08-01Revenues from the solar segment850–890––5
2023-Q22023-05-03Revenue970–1,010991.33
2023-Q22023-05-03Gross margin (GAAP)34–37%––3
2023-Q22023-05-03Gross margin (non-GAAP)32–35%––3
2023-Q22023-05-03Non-GAAP operating profit195–215––3
2023-Q22023-05-03Revenues from the solar segment930–980––3
2023-Q12023-02-13Revenue915–945943.91
2023-Q12023-02-13Gross margin (GAAP)31–34%––1
2023-Q12023-02-13Gross margin (non-GAAP)28–31%––1
2023-Q12023-02-13Non-GAAP operating profit150–170––1
2023-Q12023-02-13Revenues from the solar segment875–905––1

SolarEdge Technologies Stock: Price & Chart

Price history of SolarEdge Technologies stock (SEDG) as a TradingView chart, loaded only after a click, alongside the trend of the key figures from the tables. NadirAlpha methodology

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SolarEdge Technologies Event Timeline

This timeline collects the material events of SolarEdge Technologies from the original reports: guidance changes, revenue and margin signals, strategy shifts, product and M&A announcements, grouped by quarter. NadirAlpha methodology

Overview: one dot per event · click jumps to the period
earningsrevenuemarginguidancestrategyfinancials2023-Q12023-Q22023-Q32023-Q42024-Q12024-Q22024-Q32024-Q42025-Q12025-Q22025-Q32025-Q42026-Q12026-Q2
2026 · 8 events

Adjusted result turned positive 2026-08-05
SolarEdge returned to non-GAAP operating profitability with 10.2 million, the first such result since Q2 2023 32
Margin expanding 2026-08-05
Non-GAAP gross margin reached 28.6% in Q2 2026, marking the sixth consecutive quarter of year-over-year gross margin expansion, with GAAP gross margin improving to 27.5% from 11.1% in Q2 2025 32 31
Strategic pivot 2026-08-05
Discontinued the e-Mobility, energy storage, and PV Tracker businesses as part of strategic portfolio rationalization 31
Revenue decelerating 2026-08-05
Revenue growth decelerated to +19.6% YoY (prior period +41.5%). 31

“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
Regulation 2026-05-07
H.R.1 enacted July 4, 2025 accelerated the phase-out of ITC/PTC to 2027, eliminated the Section 25D individual homeowner credit at end of 2025, and raised the domestic content threshold to 50% as of January 1, 2026 30
revenue 2026-05-06
Revenue grew 46% year-over-year to 310.5 million, driven by 86.8% growth in battery megawatt hours and a 15.4% increase in power optimizer units 29 30
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 margin expansion 29
Revenue decelerating 2026-05-06
Revenue growth decelerated to +41.5% YoY (prior period +70.9%). 29
2025 · 14 events

“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)
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)
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)
Revenue accelerating 2026-02-18
Revenue growth accelerated to +70.9% YoY (prior period +44.5%). 127

“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)
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)
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)

“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)
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)
Divestiture 2025-08-07
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: +USD 26.0 million, aggregated from reported quarters where needed). 23

“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)
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)
Strategic pivot 2025-05-08
Manufacturing relocated to U.S. locations (Texas, Florida, Utah); discontinued manufacturing in China, Mexico, and Hungary (22)
2024 · 12 events

“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
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
Strategic pivot 2025-02-19
Energy Storage business in Korea closed; company announced it will no longer report business segments in financial reporting 19

“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
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
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

“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
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
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

“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
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
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
2023 · 18 events

“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
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
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

“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
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
Cash flow inflection 2023-11-01
Operating cash flow reached USD 40.6 million vs USD 5.6 million in 2022-Q3 (×7.3). 8
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

“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
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
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
Operating income doubled 2023-08-01
Operating income more than doubled YoY (36.0 to USD 150.4 million, +318%). 5
Net income doubled 2023-08-01
Net income more than doubled YoY (15.1 to USD 119.5 million, +691%). 5

“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
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
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
Operating income doubled 2023-05-03
Operating income more than doubled YoY (50.9 to USD 144.2 million, +183%). 3
Net income doubled 2023-05-03
Net income more than doubled YoY (33.1 to USD 138.4 million, +318%). 3
Revenue decelerating 2023-05-03
Revenue growth decelerated to +44.1% YoY (prior period +61.4%). 3

SolarEdge Technologies Business Model

The SolarEdge Technologies business model in brief: products, customers and revenue sources as the company itself describes them in its reports. NadirAlpha methodology

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. SolarEdge Technologies has discontinued its e-Mobility, standalone energy storage, 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.

SolarEdge Technologies Stock: Share-Price Drivers

What determines the business trajectory of SolarEdge Technologies according to management, summarised from the reports up to Q2 2026. NadirAlpha methodology

Return to sequential revenue growth alongside a swing to positive adjusted operating profitability, led by the new Nexis residential portfolio and a simplified single-SKU inverter platform
Quarterly revenue has recovered to USD 346.2 million in 2026-Q2 from a low of USD 219.5 million in 2025-Q1, and adjusted operating income turned positive at USD 10.2 million in 2026-Q2 after USD -48.3 million a year earlier, indicating the demand and cost trajectory is improving 32
SolarEdge Nexis next-generation residential product portfolio
Nexis portfolio launched and rolling out, with continued scaling cited as a growth focus 31 32
Single-SKU inverter platform simplification
Single SKU inverter platform rollout launched in 2026-Q2, aimed at streamlining the residential and commercial offering 31
Commercial energy storage (CSS-OD 197 and CSS-OD 107)
Additional CSS-OD commercial energy storage solutions released, expanding the commercial storage line 31 30
Top-line recovery and cost/profitability normalisation
Revenue rose sequentially to USD 346.2 million and operating loss narrowed to USD -16 million from USD -115.5 million a year earlier; free cash flow was positive at USD 3.1 million 32
AI data-center power roadmap and SolarEdge SST
SST advancement for AI factories and an AI data-center power roadmap are described as planned initiatives, not yet revenue-generating 32 29
Balance-sheet position
Cash stood at USD 527.3 million with a net cash position of USD 194.9 million at 2026-Q2 32

Sector trend: Segment demand is recovering off the 2025 trough, with revenue rising and the adjusted operating result crossing into positive territory in 2026-Q2, pointing to improving utilisation and margins 32. Newer commercial storage and next-generation residential platforms are gaining traction, while AI data-center power products remain at the roadmap stage 31 29.

SolarEdge Technologies Revenue by Type (as of 2026-Q2 · USD million · 0/3)

Revenue of SolarEdge Technologies split by segment or product type exactly as the company itself reports it; segment totals can deviate from group revenue. NadirAlpha methodology

SolarEdge Technologies: revenue by segment, as of 2026-Q2, in USD million. Compiled by NadirAlpha from SEC filings.
SegmentSinceRevenueGrowthSource
Period 2024-Q1 (3M)
Solar2023-Q1190.1-79.1%14
Energy Storage2023-Q110.616.2%14
All other2023-Q13.4-86.8%14

SolarEdge Technologies Products & announcements (12/36 active+recent)

Product announcements of SolarEdge Technologies from the reports: market launches, approvals, partnerships, with first mention and source; discontinued products are shown in grey. NadirAlpha methodology

Status: PlannedLaunched

SolarEdge Technologies: product announcements from the filings, 35 entries. Compiled by NadirAlpha from SEC filings.
Product/LineSinceStatusSource
2026
SolarEdge SST advancement for AI factories2026-0632
Nexis platform scaling2026-0632
AI data-center power roadmap advancement2026-0329
FEOC requirements implementation2026-0128
2025
SolarEdge Nexis platform rollout2025-1229
SolarEdge ONE EV Charger launch2025-0928
New global ERP system implementation substantially completed2025-0628
SolarEdge Nexis next-generation residential product portfolio launch (2×)202531
SolarEdge Nexis Inverter launch202528
Single SKU inverter platform rollout (2×)202531
Launch of next-generation residential battery for single-phase and three-phase systems202520
2024
CSS-OD 197 commercial energy storage solution (6×)202431
Texas manufacturing facility reached full capacity2024-0918
Repurchase of 0.000% convertible notes due 20252024-0615
New product suite2024-0313
United States manufacturing facility capacity expansion for inverters and optimizers202412
Launch of SolarEdge ONE energy optimization platform202420
2023
U.S. manufacturing of eligible components for tax credits (IRC §45X)2023-1228
US manufacturing facility ramp-up2023-099
SolarEdge Energy Hub inverter with DC-coupled battery and EV charger support2023-099
Sella 1 manufacturing facility expansion with additional inverter line2023-099
IRA manufacturing tax credit2023-0917
US inverter manufacturing in Texas (15×)202320
Sella 2 full manufacturing capacity20234
Sella 2 Li-Ion battery factory ramping in South Korea202312
Sella 1 manufacturing facility expansion20234
Release of 330kW inverter with H-Series Power Optimizers202312
Launch of fifth generation S1400 Series Power Optimizers202312
Launch of SolarEdge Home smart energy ecosystem202312
2022
Sella 2 Li-Ion cell factory in Korea2022-129
Sella 2 Li-Ion cell factory Korea production2022-124
Sella 2 lithium-ion cell manufacturing facility in Korea2022-0514
Sella 2 Li-Ion cells manufacturing facility2022-0515
2020
Sella 1 manufacturing facility in northern Israel2020-0914
Sella 1 manufacturing facility2020-0915

SolarEdge Technologies Transactions & Events (30)

Transactions of SolarEdge Technologies since 2023: acquisitions, disposals, agreements and regulation, deliberately including smaller items; purchase prices only when the company names them. NadirAlpha methodology

Acquisitions · 11Divestitures/exits · 17Regulation/legislation · 1older: 1 (in the table)
202420252026

Acquisitions by SolarEdge Technologies

SolarEdge Technologies: Acquisitions, 12 entries. Compiled by NadirAlpha from SEC filings.
Transaction / stakeDateTypeSource
2025
SunPower Inc. acquired Ambia Solar2025-11Completed28
Posigen, Inc. filed Chapter 11 bankruptcy (3x)2025-11Completed30
SunPower Inc. acquired Sunder Energy2025-09Completed28
Solaris Assets acquired substantially all assets of Sunnova Energy International Inc.2025-09Completed28
2024
Acquisition of Wevo Energy Ltd. (2x)2024-04Completed28
Ivy Energy minority investment2024-01Completed12
Ampeers Energy GmbH minority share acquisition2024-01Completed12
Additional U.S. manufacturing capacity (2x)2024Completed12
2023
Milan court decision on SolarEdge e-Mobility acquisition dispute2023-12Completed12
Acquisition of Hark Systems Ltd.2023-04Completed20
Sella 2 Li-Ion battery factory manufacturing expansion2023Completed12
2022
Secondary public offering of common stock2022-03Completed12

Divestitures and exits by SolarEdge Technologies

SolarEdge Technologies: Divestitures / exits, 17 entries. Compiled by NadirAlpha from SEC filings.
Transaction / stakeDateTypeSource
2026
Cessation of manufacturing operations in China, Mexico and Hungary2026Divested31
2025
SolarEdge sold last battery cell manufacturing facility in South Korea2025-09Divested28
Battery cell manufacturing facility in South Korea sale2025-09Divested26
Battery cell manufacturing facility in South Korea divestiture2025-09Divested28
PV tracker business (4×)2025Divested28
Divestiture from Energy Storage Department2025Divested28
2024
ADT exit from residential solar2024-01Divested12
Energy Storage Division (4×)2024Divested31
Automation Machines sale (3×)2024Divested20
2023
Manufacturing facility termination in Mexico2023-10Divested12
Manufacturing capacity reduction in China2023-10Divested12
Manufacturing Operations Termination in Mexico2023-10Divested20
Light commercial vehicle (LCV) e-Mobility business (3×)2023-10Divested12
Discontinued LCV e-Mobility activity (3×)2023-10Divested15
Discontinuation of manufacturing in Mexico2023-09Divested9
Discontinuation of UPS-related activities2023-09Divested9
e-Mobility business discontinuation (2x)2023Divested31

Regulation and legislation at SolarEdge Technologies

SolarEdge Technologies: Regulation & legislation, 1 entries. Compiled by NadirAlpha from SEC filings.
Transaction / stakeDateTypeSource
2025
H.R.1 tax credit legislation2025-07Regulation28

SolarEdge Technologies Risks (128 since the annual report of 2026-02-25, 353 tracked in total)

Which risks SolarEdge Technologies has named since the annual report, company-specific first, generic standard risks in the expandable part; first mention refers to the document base from 2023. NadirAlpha methodology

Category: FinancialMacroMarketSupply chainRegulatoryCustomersCompetitionTechnologyLegalCyberGeopoliticsip_litigationPeoplequalitaetESG

SolarEdge Technologies: risk factors as reported, 128 since the last annual report, 353 tracked. Compiled by NadirAlpha from SEC filings.
RiskCategoryLast reported
SolarEdge Technologies: first mention in 8-K-EX99.1 earnings release of 2026-08-05 (2026-Q2), source 32
Forecast accuracy and production matching dependent on inventory levels and demand=
Forward-looking statements cite tariff impacts and One Big Beautiful Bill Act effects=
U.S. residential market experiencing industry-wide softness affecting demand=
SolarEdge Technologies: first mention in 10-Q quarterly report of 2026-08-05 (2026-Q2), source 31
Relies on small number of contract manufacturers and limited single-source suppliers; capacity constraints and supply disruptions could impact revenue timing.=
Prohibited Foreign Entities restrictions under H.R.1 Section 45X impose threshold requirements; potential Treasury guidance changes could adversely impact manufacturing costs and compliance.=
Heavy reliance on distributors and large installers for sales; failure to perform could reduce revenue.=
Competitors introducing power optimizers inverters EV chargers batteries and PV monitoring products; rapid industry evolution and competitive pressure.=
SolarEdge Technologies: first mention in 10-K annual report of 2026-02-25 (FY2025), source 28
Cost structure affected by existing and future tariffs on imported components from China and elsewhere; retaliatory measures could adversely affect international sales.2026-Q2
2026-08-05 31
Stringent and evolving data privacy and security laws impose compliance obligations and costs.2026-Q2
2026-08-05 31
Emerging issues related to development and use of artificial intelligence create operational and reputational risks.2026-Q2
2026-08-05 31
SolarEdge Technologies: first mention in 8-K-EX99.1 earnings release of 2026-02-18 (2025-Q4), source 27
Rapid evolution and competitive nature of solar industry with new product introductions2026-Q2
2026-08-05 32
SolarEdge Technologies: first mention in 10-Q quarterly report of 2025-11-06 (2025-Q3), source 26
Increasing domestic content thresholds from 40% to 50% since January 2026 with annual 5% increases through 2029 may impair customer tax credit eligibility.2026-Q2
2026-08-05 31
Prolonged softness in global PV market demand continues adversely impacting solar industry; no assurance sales will continue to increase.2026-Q2
2026-08-05 31
SolarEdge Technologies: first mention in 10-Q quarterly report of 2025-08-07 (2025-Q2), source 23
Subject to fluctuating prices of Copper Lithium Nickel and Cobalt; inability to recover price increases could reduce operating margins.2026-Q2
2026-08-05 31
Existing tariff exposure includes Section 301 tariffs 10-12.5% on imports from trading partners; evolving legal status and refund mechanisms remain uncertain.2026-Q2
2026-08-05 31
Changing trade policies and retaliatory measures impact supply chain and international sales.2026-Q2
2026-08-05 31
H.R.1 amendments accelerated tax credit phase-out timelines and eliminated residential homeowner credits materially impacting customer demand eligibility.2026-Q2
2026-08-05 31
SolarEdge Technologies: first mention in 10-K annual report of 2024-02-26 (FY2023), source 12
Risk of unauthorized access disclosure theft of personal information or compromise of network and products.2026-Q2
2026-08-05 31
Reduction elimination or expiration of government subsidies for solar could adversely affect demand.2026-Q2
2026-08-05 31
Changes to net metering policies may reduce demand for PV systems.2026-Q2
2026-08-05 31
SolarEdge Technologies: first mention in 10-Q quarterly report of 2023-11-06 (2023-Q3), source 9
Unauthorized access disclosure or theft of confidential information or cyber incidents2026-Q2
2026-08-05 32
SolarEdge Technologies: first mention in 8-K-EX99.1 earnings release of 2023-11-01 (2023-Q3), source 8
Two major customers accounted for 26.3% of trade receivables as of June 30 2026 and 28.8% of Q2 2026 revenues; concentration of credit and revenue risk.2026-Q2
2026-08-05 31
SolarEdge Technologies: first mention in 8-K-EX99.1 earnings release of 2023-10-20 (2023-Q3), source 7
Disruption to business operations due to evolving conflict in Israel2026-Q2
2026-08-05 32
SolarEdge Technologies: first mention in 10-Q quarterly report of 2023-08-07 (2023-Q2), source 6
Dependence upon small number of outside contract manufacturers and limited suppliers2026-Q2
2026-08-05 32
Inflation interest rates recessionary concerns and global economic uncertainty could adversely affect market demand.2026-Q2
2026-08-05 31
SolarEdge Technologies: first mention in 10-Q quarterly report of 2023-05-08 (2023-Q1), source 4
Approximately 7% of Israeli employees on active reserve duty; reemergence of conflicts could materially adversely affect business operations and facilities.2026-Q2
2026-08-05 31
Must maintain brand and defend intellectual property rights against infringement claims.2026-Q2
2026-08-05 31
Loss of key executives and ability to retain and attract qualified personnel2026-Q2
2026-08-05 32
Product quality or performance problems could materially affect results2026-Q2
2026-08-05 32
Reduction or elimination of government subsidies and economic incentives for solar2026-Q2
2026-08-05 32
SolarEdge Technologies: first mention in 10-Q quarterly report of 2026-05-07 (2026-Q1), source 30
Third-party AMPTC sales pursue realized tax credits; sale delays or failures could create 18-24 month cash flow delays; failure affects gross margin viability.=
R&D center and headquarters in Israel; potential facility damage, workforce disruption, or regional instability could materially impact operations.=
H.R.1 imposes PFE percentage requirements increasing annually; AMPTC eligibility tied to non-PFE content thresholds; Treasury guidance changes could impair tax credit realization.=
Customer pressure not to engage due to Israeli affiliation; adverse foreign policy developments could harm supplier and customer relationships.=
H.R.1 accelerates phase-out of ITC/PTC to 2027 and imposes increasing domestic content thresholds, potentially reducing customer eligibility and demand.=
Emerging issues related to development and use of artificial intelligence present undefined business and regulatory risks.=
Non-exclusive distributor agreements with termination at short notice; distributors prioritize competitor products; loss of key distributors could reduce revenue.=
SolarEdge Technologies: first mention in 8-K-EX99.1 earnings release of 2026-05-06 (2026-Q1), source 29
Negative operating margins continue; return to breakeven profitability not yet achieved.=
SolarEdge Technologies: first mention in 10-K annual report of 2026-02-25 (FY2025), source 28
May not have sufficient cash to repurchase Notes 2029 upon fundamental change or pay cash upon conversion; default could trigger acceleration of other indebtedness.=
Slowdown beginning Q3 2023 with substantial European distributor cancellations; uncertain recovery pace=
Inaccurate customer demand estimates or unforeseen technology changes could result in material inventory losses=
Changes to FEOC requirements or Treasury guidance could impair customers' eligibility for tax credits, adversely affecting revenue and gross margins=
Pressure on customers not to engage with Israeli companies; foreign policy concerns regarding Israel.=
Majority of key employees and officers are Israel residents; damage to Israel facilities due to war, hostility, or disasters could delay product commercialization and manufacturing.=
Political/military instability in Israel and Middle East; multiple armed conflicts and terrorist threats.=
War begun October 7, 2023 resulted in 13% of Israeli workforce called to active reserve duty; reemergence of conflicts could materially adversely affect business.=
One customer (Consolidated Electrical Distributors) represented 18.6% of FY2025 revenues=
Heavy reliance on distributors and large installers; failure to perform creates revenue risk=
Significant unexpected cancellations and push-outs of orders from European distributors in 2023-2025 downturn.=
Reliance on Chinese suppliers for key subcomponents; rising China tensions could disrupt relationships.=
Heavily dependent on two main contract manufacturers; limited alternative capacity available.=
CEO and CFO transitions; key personnel changes create management instability.=
Ampt filed lawsuit in District of Delaware seeking to enforce $54 million agreement; company invoked force majeure clause October 2023; mediation inconclusive January 5, 2026.=
May become involved in disputes with suppliers regarding forecast or minimum purchase requirements.=
Israeli employees may claim remuneration or royalties for service inventions despite agreements assigning them to company, leading to litigation and additional costs.=
Stellantis filed application for injunctive relief in Court of Turin claiming SolarEdge e-Mobility breached contract; hearing scheduled March 13, 2026; court denied injunction May 8, 2025.=
AMPTCs phased out by end 2031; reductions without cost offsets could create gross losses=
Domestic content requirement increased to 50% from January 1, 2026, rising 5% annually through 2029=
Israeli subsidiary tax benefits under Investments Law subject to conditions; if discontinued, tax rate would increase to 23%.=
Warranty provision calculations inherently uncertain due to short sales history of power optimizers versus warranty periods=
Non-systematic failures from workmanship, manufacturing or design issues may not be adequately predicted by MTBF model=
Emerging issues related to AI development and use could create legal/regulatory action and reputational damage=
Exposure to unauthorized access, data theft, or network compromise affecting customers and operations=
EU Corporate Sustainability Reporting Directive and state climate/emissions disclosure laws increase compliance costs.=
Stakeholder expectations for corporate social responsibility and sustainability disclosures increasing.=
Evolving CSR and sustainability legal requirements could impact product design and operations=
Inability to complete AMPTC sales or delays could affect timing of cash inflows; failure to sell could delay credit realization 18-24 months and negatively impact liquidity.=
May need additional capital for R&D, expansion, acquisitions; if raised through equity or convertible debt, existing shareholders could experience significant dilution.=
Certificate of incorporation provisions including blank check preferred stock, classified board, and forum selection clause may depress stock price by discouraging takeover.=
Company has never paid and does not expect to pay dividends; capital appreciation may be only source of gain for shareholders.=
Changes in capital supply and cost of project financing could reduce solar project financing.=
Tax Act amendment to Section 174 effective January 1, 2022 requires amortization of R&D expenditures over 5 years (U.S.) or 15 years (foreign).=
Reduction, elimination or expiration of government subsidies and incentives for solar adoption=
U.S. administration and EU portions prioritizing fossil fuels; potential solar market slowdown=
Customer ability to obtain long-term PV financing affects adoption and demand for products=
Rising interest rates limiting end-user financing availability for PV system purchases=
H.R.1 amendments accelerate phase-out of tax credits through 2027, eliminate 25D credit, and impose new FEOC requirements that could reduce customer eligibility and demand.=
Prolonged global slowdown in PV product demand continues to adversely impact solar industry and customer demand for company products.=
Changes in popularity of solar or renewable energy in general could adversely affect demand for products.=
Escalation in trade tensions, tariffs, trade restrictions on products or components could adversely impact sourcing, manufacturing costs, and customer pricing.=
Loss of key executives and difficulty retaining/attracting qualified personnel impacts operations=
Multiple restructuring plans reducing workforce globally; loss of institutional knowledge and capabilities.=
Claims by third parties of IP infringement could result in litigation and licensing costs=
Difficulty enforcing patents and protecting proprietary technologies and trade secrets=
IRA provides incentives for U.S. manufacturing but increasing domestic content thresholds (45% to 50%+ through 2029) could limit eligibility of customers and manufacturers.=
Delaware General Corporation Law Section 203 prohibits broad range of business combinations with interested stockholders for three years.=
Uncertainty regarding tariffs, trade policies, legislation changes including H.R.1 could contribute to market volatility and adversely impact demand.=
FEOC content percentage restrictions increase over time beginning January 1, 2026, requiring compliance for manufacturing tax credits=
Unauthorized access to personal data could result in regulatory penalties and reputational harm.=
Alternative energy technologies and improvements in distributed solar potentially reducing demand=
SolarEdge Technologies: first mention in 8-K-EX99.1 earnings release of 2026-02-18 (2025-Q4), source 27
Changes in US and global trade environments and imposition of import tariffs or trade measures=
SolarEdge Technologies: first mention in 10-Q quarterly report of 2025-11-06 (2025-Q3), source 26
October 9, 2025 ceasefire framework in Gaza between Israel and Hamas is unknown whether it will endure.=
SolarEdge Technologies: first mention in 8-K-EX99.1 earnings release of 2025-08-07 (2025-Q2), source 24
Escalating trade tensions and import tariffs on products/components adversely affecting competitivenessFY2025
2026-02-25 28
SolarEdge Technologies: first mention in 10-Q quarterly report of 2025-08-07 (2025-Q2), source 23
H.R.1 (July 2025) accelerates tax credit phase-out timelines and imposes new FEOC material assistance thresholds.FY2025
2026-02-25 28
Dependence on limited contract manufacturers and single-source suppliers; delays and quality control problems could disrupt production and delivery.2026-Q1
2026-05-07 30
If unable to meet FEOC percentage requirements for 45X, 45Y, and 48E credits beginning January 2026, manufacturing costs and customer eligibility could be impaired.FY2025
2026-02-25 28
SolarEdge Technologies: first mention in 10-Q quarterly report of 2025-05-08 (2025-Q1), source 22
Future demand for renewable energy and solar solutions subject to macroeconomic conditions and policy changes.2026-Q1
2026-05-06 29
SolarEdge Technologies: first mention in 10-K annual report of 2025-02-25 (FY2024), source 20
Inflation, rising interest rates, recessions and geopolitical conflicts reduce customer capital spending.FY2025
2026-02-25 28
Natural disasters, public health events, or IT system disruptions could materially harm businessFY2025
2026-02-25 28
Competitors with state subsidies offer aggressive pricing; Chinese state-owned companies pose pricing pressure.FY2025
2026-02-25 28
SolarEdge Technologies: first mention in 8-K-EX99.1 earnings release of 2025-02-19 (2024-Q4), source 19
Past cybersecurity attacks and intrusions; material incident could disrupt operations and financial reporting.FY2025
2026-02-25 28
SolarEdge Technologies: first mention in 8-K-EX99.1 earnings release of 2024-05-08 (2024-Q1), source 13
Limited visibility into end-customer demand creates risk of excess or obsolete inventory.FY2025
2026-02-25 28
SolarEdge Technologies: first mention in 10-K annual report of 2024-02-26 (FY2023), source 12
Posigen and Freedom Forever filed Chapter 11 bankruptcy 2025-2026; customers showing financial distress and requesting extended payment terms; additional doubtful debt provision $13.4 million Q1 2026.2026-Q1
2026-05-07 30
Goodwill and intangible assets of $57.3 million (2.6% of total assets) subject to impairment testing; factors changes could require non-cash impairment charges.FY2025
2026-02-25 28
Dependent on Jabil and Flex; risks in scaling production with new manufacturersFY2025
2026-02-25 28
Net losses of $405.4M (FY2025) and $1,806.4M (FY2024); uncertain path to profitabilityFY2025
2026-02-25 28
Third-party IP claims could result in significant litigation, settlement costs, prohibitions on use of technology, and forced modifications or discontinuation of products.FY2025
2026-02-25 28
Product defects could result in warranty claims, recalls, litigation; 12-25 year warranty obligations create long-tail liability.FY2025
2026-02-25 28
Consolidated Securities Litigation involving multiple purported class action and derivative complaints alleging securities fraud and fiduciary duty breaches; fact discovery ongoing.FY2025
2026-02-25 28
Russia-Ukraine conflict disrupts supply chain and logistics; transit disruptions increase material costs.FY2025
2026-02-25 28
Common stock price experienced significant volatility ranging $11.00 to $48.60 in 2025 and subject to class action securities litigation.FY2025
2026-02-25 28
Macroeconomic conditions including inflation and rising interest rates2025-Q4
2026-02-18 27
Changes to net metering policies in customer markets affecting demand for solar systemsFY2025
2026-02-25 28
Failure to adopt new technologies or improvements in competing technologies could result in obsolescence.FY2025
2026-02-25 28
Market highly competitive; emerging low-cost Asian manufacturers and new MLPE entrants intensifying competition.FY2025
2026-02-25 28
SolarEdge Technologies: first mention in 8-K-EX99.1 earnings release of 2024-02-20 (2023-Q4), source 11
Tariff exposure on key components imported from China; supply chain diversification efforts ongoing with uncertain success and potential cost increases.2026-Q1
2026-05-07 30
Changes in tax laws and regulations including the Inflation Reduction Act and H.R.12025-Q4
2026-02-18 27
Potential litigation and contingencies2025-Q3
2025-11-05 25
SolarEdge Technologies: first mention in 8-K-EX99.1 earnings release of 2023-11-01 (2023-Q3), source 8
Rapidly evolving and competitive solar industry with new product introductions by competitors.2026-Q1
2026-05-06 29
Reliance on limited suppliers; tariffs and trade tensions creating sourcing uncertaintyFY2025
2026-02-25 28
SolarEdge Technologies: first mention in 10-Q quarterly report of 2023-08-07 (2023-Q2), source 6
Component shortages, manufacturing delays, or quality control problems could harm business.FY2025
2026-02-25 28
Existing utility industry regulations and changes creating barriers to PV system adoptionFY2025
2026-02-25 28
SolarEdge Technologies: first mention in 10-Q quarterly report of 2023-05-08 (2023-Q1), source 4
Escalation of U.S. tariffs under Section 122 and potential retaliatory actions on U.S. exports could increase manufacturing costs and reduce customer demand.2026-Q1
2026-05-07 30
Rising interest rates reduce end-user ability to finance PV systems and lower return on investment.FY2025
2026-02-25 28
Dependent on ocean transportation for product delivery; shipping disruptions increase costs.FY2025
2026-02-25 28
35.5% of 2025 revenues in non-USD currencies; foreign currency fluctuations affect profitability.FY2025
2026-02-25 28
Decreases in grid electricity prices reduce economic attractiveness of PV systems.FY2025
2026-02-25 28
Solar industry is historically cyclical and experiencing sustained downturn since 2023.FY2025
2026-02-25 28
= last mention identical with the first mention (same source)

SolarEdge Technologies Reported KPIs (as disclosed) (375)

Figures SolarEdge Technologies discloses itself in addition to the standard financials, such as order intake, recurring revenue or unit counts, as reported and with no calculation of our own. NadirAlpha methodology

Company-specific KPIs verbatim from the filings (English, as disclosed; not normalised). Balance-sheet and boilerplate items filtered.
SolarEdge Technologies: reported KPIs as disclosed, 375 entries. Compiled by NadirAlpha from SEC filings.
KPIValue / changeSource
SolarEdge Technologies, published 2026-08-05, period 2026-Q2
tariff refunds received Q2/H113.631
tariff refunds interest income0.331
tariff refunds cost of revenues reduction13.331
restricted cash54.731
purchase obligations340.031
open commitments for capital expenditures12.831
non-US revenues %55.3%31
non-US revenues %36.0%31
non-US revenues %52.3%31
non-US revenues %37.7%31
non-cancelable lease commitment initial term272.831
lease modification payment28.831
gross profit margin27.5%31
gross profit margin11.1%31
gross profit margin24.9%31
gross profit margin9.8%31
cash and investments net of debt$264.6 million32
cash and cash equivalents527.331
available for sale marketable securities19.731
SolarEdge Technologies, published 2026-05-07, period 2026-Q1
Power optimizers recognized as revenue2,438.430
Megawatt hours batteries recognized as revenue33130
Inverters recognized as revenue50.530
SolarEdge Technologies, published 2026-05-06, period 2026-Q1
Non-GAAP revenue309.9 million29
Non-GAAP gross margin23.5%29
GAAP gross margin22.0%29
Cash and investments portfolio, net of debt246.2 million29
SolarEdge Technologies, published 2026-02-25, period FY2025
training portal learners161,26328
top three customers revenue pct35.8%28
top customer revenue pct18.6%28
stock price range$11.00 to $48.60 per share28
revenue us pct60.6%28
revenue us pct42.1%28
revenue international markets pct12.5%28
revenue international markets pct22.1%28
revenue europe pct26.8%28
revenue europe pct35.8%28
restricted deposits0.5 million28
restricted cash84.8 million28
purchase obligations raw materials513.2 million28
power optimizers installed baseapproximately 142.5 million28
pending patent applications21928
operations production support employees1,93528
operations production support employees1,80428
operations production quality support employees1,93528
net loss$405.4 million28
net loss$1,806.4 million28
net cash used in financing activities-348.9 million28
net cash used in financing activities-20.1 million28
net cash from operating activities104.3 million28
net cash from operating activities-313.3 million28
net cash from investing activities379.9 million28
net cash from investing activities416.3 million28
lease modification payment paid3,14328
lease modification payment28,82828
lease commitment Israel offices274,23728
issued patents51828
inverters installed baseapproximately 6.2 million28
installers on monitoring portalover 93,00028
installers certification programs12,16228
increase cash equivalents restricted cash135.3 million28
increase cash equivalents restricted cash82.8 million28
gross profit margin16.6%28
gross loss margin-97.3%28
effective tax rate-3.5%28
effective tax rate-5.63%28
deposits2.7 million28
customer Consolidated Electrical Distributors pct18.6%28
cash and cash equivalents455.1 million28
capital expenditure commitments23.5 million28
available for sale marketable securities38.1 million28
Power Optimizer revenue pct41.4%28
Inverter revenue pct28.2%28
SolarEdge Technologies, published 2025-11-06, period 2025-Q3
two major customers 9m 2025 revenue32.4%26
revenue outside us q340.3%26
revenue outside us q356.2%26
revenue outside us 9m38.7%26
revenue outside us 9m62.3%26
restricted cash47.5 million26
purchase obligations530.7 million26
power optimizers recognized as revenue q32,946.7 thousand26
power optimizers recognized as revenue q31,762.9 thousand26
power optimizers recognized as revenue 9m7,700.5 thousand26
power optimizers recognized as revenue 9m4,831.3 thousand26
open commitments for capital expenditures26.5 million26
One major customer Q3 2025 revenue23.1%26
One major customer Q3 2024 revenue16.7%26
One major customer 9M 2024 revenue11.0%26
Notes 2029 net proceeds June293.2 million26
Notes 2029 issued June300 million26
Notes 2029 additional issued July37 million26
Notes 2025 repurchased March5.2 million26
Notes 2025 principal outstanding post-repurchase342.3 million26
Non-USD revenues 9M34.9%26
Non-USD revenues 9M62.3%26
MWh batteries recognized as revenue230.026
MWh batteries recognized as revenue185.626
MWh batteries recognized as revenue 9M617.026
MWh batteries recognized as revenue 9M405.026
Inverters recognized as revenue92.7 thousand26
Inverters recognized as revenue54.2 thousand26
Inverters recognized as revenue 9M250.8 thousand26
Inverters recognized as revenue 9M181.9 thousand26
Installations connected to monitoring platform4.4 million26
Hypothetical 10% change NIS/USD net income impact 9M4.5 million26
Hypothetical 10% Change EUR/USD Net Income Impact 9M12.8 million26
GWh of Batteries for PV Applications Shipped3.0 GWh26
Gross Profit Margin21.2%26
Gross Profit Margin 9M14.3%26
Gross Loss Margin-309.1%26
Gross Loss Margin 9M-108.5%26
Deposits and Restricted Deposits0.5 million26
cash and cash equivalents439.5 million26
Blended ASP per Watt % Decrease Q38.8%26
Blended ASP per Watt % Decrease 9M8.6%26
Blended ASP per Watt Hour Batteries % Decrease Q34.2%26
Blended ASP per Watt Hour Batteries % Decrease 9M16.8%26
Blended ASP per Watt Hour Batteries Decrease Q30.013 dollars26
Blended ASP per Watt Hour Batteries Decrease 9M0.059 dollars26
Blended ASP per Watt Decrease Q30.017 dollars26
Blended ASP per Watt Decrease 9M0.016 dollars26
available for sale marketable securities59.1 million26
SolarEdge Technologies, published 2025-11-05, period 2025-Q3
Optimizers Recognized2.95 million25
Inverters Recognized92.7 thousand25
cash and investments net of debt208.8 million25
Batteries for PV Applications Recognized230 MWh25
SolarEdge Technologies, published 2025-08-07, period 2025-Q2
Revenues from Outside U.S. (Three Months)36.0%23
Revenues from Outside U.S. (Six Months)37.7%23
Restricted cash27.3 million23
Purchase obligations for raw materials349.1 million23
Open commitments for capital expenditures18.5 million23
Notes 2029 principal amount issued337 million23
Notes 2025 principal amount outstanding342.2 million23
Inverter shipments1,194 MW (AC)24
Installations connected to cloud monitoring4.4 million23
Gross profit margin11.1%23
Gross profit margin9.8%23
Deposits and restricted deposits3.5 million23
Cash and investments portfolio131.8 million24
Cash and cash equivalents545.2 million23
Battery shipments247 MWh24
Available-for-sale marketable securities235.9 million23
SolarEdge Technologies, published 2025-05-08, period 2025-Q1
Restricted cash$104.5 million22
Purchase obligations$234.0 million22
Open commitments for capital expenditures$32.4 million22
Net cash used in financing activities(6,237)22
Net cash provided by operating activities33,82322
Net cash provided by investing activities67,59722
Installations connected to monitoring platform4.3 million22
Increase in cash and cash equivalents95,18322
Deposits and restricted deposits$3.4 million22
Cumulative batteries for PV applications2.4 GWh22
Cumulative DC optimized inverter systems57.4 GW22
Cash and cash equivalents$401.4 million22
Available-for-sale marketable securities$284.3 million22
AMPTCs as tax prepayment$82,94622
SolarEdge Technologies, published 2025-05-06, period 2025-Q1
Restricted cash104,45921
Marketable securities (long-term)34,05121
Marketable securities (current)250,26721
Cash, cash equivalents, restricted cash, bank deposits, restricted bank deposits and marketable securities (net of debt)113.2 million21
Cash and cash equivalents401,36421
SolarEdge Technologies, published 2025-02-25, period FY2024
Warranty provision short and long term432.4 million20
Training portal learners225,00020
Top customer CED revenue pct12.920
Revenues United States pct42.1%20
Revenues rest of world pct22.1%20
Revenues outside US pct57.9%20
Revenues non-USD denominated pct43.8%20
Revenues Europe pct35.8%20
restricted deposits3.6 million20
restricted cash135.3 million20
PV installations monitored4.2 million20
purchase obligations390.3 million20
Power optimizers units sold6.6 million20
Power optimizer revenue pct34.920
Power optimizer revenue pct30.320
Power optimizer revenue pct36.520
pending patent applications39320
Optimizers per line per day6,00020
operations employees1,80420
open commitments for capital expenditures35.0 million20
issued patents59520
inverters units sold245.7 thousand20
inverter revenue pct27.520
inverter revenue pct46.220
inverter revenue pct36.620
installers on monitoring portal74,00020
installed base power optimizers132.1 million20
installed base inverters5.8 million20
employees operations production support1,80420
customer concentration trade receivables three customers pct43.4%20
customer concentration single customer pct12.9%20
countries with installationsover 14520
certification completions14,00020
cash cash equivalents restricted cash409.9 million20
cash and cash equivalents274.6 million20
blended ASP per watt solar products0.00520
blended ASP per watt hour batteries PV-0.13320
batteries for PV megawatt hours sold556.220
available for sale marketable securities353.9 million20
Amptics tax prepayment80,51620
top three customers revenue concentration31.3%20
top customer revenue concentration12.9%20
revenue from non-USD currencies42.6%20
SolarEdge Technologies, published 2025-02-19, period 2024-Q4
Total stockholders' equity658,34219
Cash flow from operating activities37.8 million19
Cash and cash equivalents274,61119
SolarEdge Technologies, published 2024-11-07, period 2024-Q3
Restricted bank deposits4.1 million18
Installations connected to cloud-based monitoring platform4.1 million18
Cash and cash equivalents303.9 million18
Available-for-sale marketable securities430.9 million18
Accumulated deficit715.28 million18
SolarEdge Technologies, published 2024-11-06, period 2024-Q3
Marketable securities (long-term)56,04117
Marketable securities (current)374,86917
Cash, cash equivalents, bank deposits, restricted bank deposits and marketable securities (net of debt)53.3 million17
Cash and cash equivalents303,90417
SolarEdge Technologies, published 2024-08-07, period 2024-Q2
Shipments power optimizers128.2 million15
Shipments inverters5.7 million15
Shipments batteries PV276.2 thousand15
Sella 2 capacity2GWh15
Sella 1 capacityNorth of Israel manufacturing facility15
Restricted bank deposits3.8 million15
purchase obligations raw materials404.1 million15
open commitments for capital expenditures23.9 million15
Non-US revenue percentage63.4%15
Non-US revenue percentage80.3%15
Non-US revenue percentage65.4%15
Non-US revenue percentage76.7%15
Major customers revenue percentage29.6%15
Major customer revenue percentage11.3%15
Installations connected monitoring platformOver 4 million15
Hypothetical 10% NIS/USD forex impact$16.4 million15
Hypothetical 10% EUR/USD Forex Impact$23.3 million15
Gross Margin %-4.1%15
Gross Margin %32.0%15
Gross Margin %-7.9%15
Gross Margin %31.9%15
cash and cash equivalents259.5 million15
Blended ASP per Watt Solarincreased by $0.026, or 13.8%15
Blended ASP per Watt Solardecreased by $0.011, or 5.2%15
Blended ASP per Watt Hour Batteriesdecreased by $0.108, or 22.7%15
Blended ASP per Watt Hour Batteriesdecreased by $0.101, or 21.1%15
available for sale marketable securities550.6 million15
Approx. Non-USD Revenues %48.33%15
Approx. Non-USD Revenues %72.58%15
Share Repurchases247,468 shares at average price of $68.70 per share for total consideration of approximately $17 million16
Revenues from Solar Segment241.2 million16
Revenues265.4 million16
Gross Margin from Solar Segment1.3%16
GAAP Operating Loss-160.2 million16
GAAP Net Loss per Share-2.3116
GAAP Net Loss-130.8 million16
GAAP gross margin-4.1%16
Cash, Cash Equivalents, Bank Deposits, Restricted Bank Deposits and Marketable Securities165.3 million16
Cash Used in Operating Activities-44.8 million16
SolarEdge Technologies, published 2024-05-09, period 2024-Q1
Restricted bank deposits1.1 million14
purchase obligations raw materials484.3 million14
open commitments capital expenditures33.0 million14
Installations connected to monitoring platform3.8 million14
foreign exchange sensitivity NIS USD14.2 million14
foreign exchange sensitivity EUR USD26.9 million14
cumulative batteries for PV applications1.8 GWh14
cumulative DC optimized inverter systems53.6 GW14
cash and cash equivalents214.2 million14
blended ASP per watt solar products-0.04914
blended ASP per watt hour batteries-0.09214
available for sale marketable securities734.6 million14
SolarEdge Technologies, published 2024-05-08, period 2024-Q1
Cash, cash equivalents, bank deposits, restricted bank deposits and marketable securities (net of debt)316.3 million13
SolarEdge Technologies, published 2024-02-26, period FY2023
women mentoring program completionsOver 5012
women in managementover 15012
waste recycled or recovered88%12
Warranty provision short and long term518.2 million12
warranty provision prior year385.1 million12
trade receivables concentration two major customers prior year42.2%12
trade receivables concentration three major customers46.8%12
supplier code conduct signatoriesover 28012
smaller lithium ion facility capacityup to 150 MWh per annum12
revenue concentration two major customers24.0%12
revenue concentration one major customer prior year18.5%12
Restricted bank deposits0.3 million12
PV installations connectedMore than 3.7 million12
purchase obligations raw materials1,041.3 million12
Power optimizer revenue pct30.3%12
Power optimizer revenue pct36.5%12
power optimizer revenue pct42.2%12
pending patent applications52812
patent expiry range2024 to 204212
Optimizer assembly capacitymore than 6,000 optimizers per manufacturing line per day12
Operations production employees2,85712
open commitments for capital expenditures95.5 million12
Net profit$34.3 million12
Net profit$93.8 million12
issued patents60212
Certified installersover 19,00012
installed base power optimizers125.1 million12
installed base inverters5.6 million12
Energy storage production capacity2 GWh12
Operations production support headcount prior year2,38312
Operations production support headcount2,85712
Edge Academy learnersover 222,00012
Countries with presenceover 14012
cash and cash equivalents338.5 million12
available for sale marketable securities929.4 million12
Active installersover 65,00012
Warranty provision (short- and long-term combined)518.2 million12
Two major customers revenue concentration24.0%12
Total revenues2,976,52812
Three major customers trade receivables concentration46.8%12
Tax rate57%12
Revenues (Solar)2,815,53912
Revenues (Energy Storage)83,71712
Revenues (All other)76,43812
Restricted bank deposits0.3 million12
Purchase obligations for raw materials and manufacturing1,041.3 million12
Open commitments for capital expenditures95.5 million12
Non-U.S. dollar revenues percentage68.2%12
Installed base - power optimizersapproximately 125.1 million12
Installed base - invertersapproximately 5.6 million12
Foreign currency exposure - NIS/USD 10% change39.3 million impact on net income12
Foreign currency exposure - Euro/USD 10% change194.7 million impact on net income12
Consolidated operating income40,20512
Cash and cash equivalents338.5 million12
Blended ASP per watt/hour (batteries for PV applications)-0.016 per watt/hour (-3.3%)12
Blended ASP per watt (solar products excluding batteries)-0.049 per watt (-20.1%)12
Available-for-sale marketable securities929.4 million12
AMPTCs recognized in6.0 million12
AMPTC recognized6.0 million12
SolarEdge Technologies, published 2024-02-20, period 2023-Q4
Marketable securities521,57011
Cash and equivalents338,46811
SolarEdge Technologies, published 2023-11-06, period 2023-Q3
Restricted bank deposits0.3 million9
Purchase obligations for raw materials and manufacturing1,116.6 million9
open commitments for capital expenditures120.6 million9
Installations connected to cloud monitoring3.6 million9
Cumulative GWh residential batteries shipped1.6 GWh9
cash and cash equivalents551.1 million9
available for sale marketable securities913.4 million9
SolarEdge Technologies, published 2023-08-07, period 2023-Q2
Trade receivables - two major customers concentration38.1%6
Revenues from outside U.S. (6M)76.7%6
Revenues from outside U.S. (3M)80.3%6
Revenue concentration29.6%6
Revenue concentration24.7%6
Restricted bank deposits0.3 million6
Purchase obligations1,443.3 million6
Open commitments for capital expenditures133.0 million6
Installations connected to cloud-based monitoring platform3.5 million6
Gross margin31.9%6
Gross margin26.1%6
Gross margin32.0%6
Gross margin25.1%6
Cash and cash equivalents557.7 million6
Available-for-sale marketable securities929.0 million6
SolarEdge Technologies, published 2023-08-01, period 2023-Q2
Record revenues from solar segment$947.4 million5
Record revenues$991.3 million5
Record GAAP operating income$150.4 million5
Gross Margin from Solar Segment34.7%5
GAAP net diluted EPS$2.035
GAAP gross margin32.0%5
Cash, Cash Equivalents, Bank Deposits, Restricted Bank Deposits and Marketable Securities$853.5 million5
269 MWh of batteries shipped269 MWh5
SolarEdge Technologies, published 2023-05-08, period 2023-Q1
Trade receivables27.8%4
Trade receivables42.4%4
Revenues outside U.S. percentage72.6%4
Revenues outside U.S. percentage59.4%4
Revenues21.9%4
Revenues23.5%4
Restricted bank deposits0.3 million4
Purchase obligations for raw materials and manufacturing1,617.4 million4
Open commitments for capital expenditures121.3 million4
Installations monitored3.3 million4
Cash and cash equivalents727.8 million4
Blended ASP per watt/hour for residential batteries percentage decrease10.4%4
Blended ASP per watt/hour for residential batteries decrease$0.0554
Blended ASP per watt percentage decrease19.4%4
Blended ASP per watt decrease$0.0524
Available-for-sale marketable securities919.9 million4
SolarEdge Technologies, published 2023-05-03, period 2023-Q1
MWh of batteries shipped2213

SolarEdge Technologies Development

A condensed summary of SolarEdge Technologies per reporting period as running text: what changed operationally, which drivers management names, how earnings and cash flow developed. NadirAlpha methodology

FY2026: SolarEdge Technologies

SolarEdge revenue totaled 310.5 million in Q1 2026 and 346.2 million in Q2 2026, with combined first-half revenue up 29.0% year-over-year 31. Non-GAAP gross margin expanded for the sixth consecutive quarter year-over-year in Q2 2026, reaching 28.6%, benefiting from higher fixed-cost absorption, a product mix shift toward US-made products, Advanced Manufacturing Production Tax Credit recognition, and lower warranty costs 31 32. SolarEdge returned to non-GAAP operating profitability in Q2 2026 for the first time since Q2 2023 32, while its GAAP net loss narrowed to 30.8 million in Q2 from 57.4 million in Q1 31. SolarEdge Technologies concentrated manufacturing in the United States, launched the Nexis next-generation residential platform 30, and discontinued its e-Mobility, energy storage, and PV Tracker businesses as part of strategic portfolio rationalization 31.

FY2025: SolarEdge Technologies

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). SolarEdge Technologies 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

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. SolarEdge Technologies 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

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.

Glossary

  • Revenue: Revenue from contracts with customers, net of sales deductions, as the company itself reports it; not total output, gross revenue, GMV or order intake.
  • Op. income: The operating line of the income statement; EBIT only as a marked fallback, never pre-tax or ordinary income.
  • Op. income (adj.): Adjusted operating income, verbatim and company-defined (non-GAAP), never derived.
  • EBITDA (adj.): Adjusted EBITDA, verbatim and company-defined (non-GAAP), never derived.
  • Net income: Net income attributable to the shareholders of the parent, after discontinued operations; not the result including minority interests, not comprehensive income.
  • EPS: Diluted earnings per share attributable to the shareholders of the parent; a printed figure always beats a calculated one, calculated values are marked.
  • EPS adj.: Adjusted earnings per share, verbatim and company-defined (non-GAAP).
  • FCF: Free cash flow = operating cash flow minus capital expenditure on property, plant and equipment; the company's own free cash flow figure is shown separately.
  • OCF: Cash flow from operating activities as reported; IFRS companies may show interest paid in financing cash flow, so the figure is not always comparable.
  • Cash: Cash and cash equivalents, without securities unless the company reports them as part of the position.
  • Net Debt: Net debt = financial debt excluding lease liabilities minus cash at the same reporting date; the company's own net position may differ.
  • *: derived, the formula is in the hover
  • ≈: calculated, approximation
  • ~: uncertain; the value stays visible, verdicts do not use it
  • °: repaired by a targeted query against the document, or curated with documentary evidence
  • EBIT: EBIT as a fallback: the income statement carries no operating line
  • basic: basic earnings per share as a fallback when diluted is missing

Sources: quarterly reports, annual reports and investor relations documents

54 sources on SolarEdge Technologies since 2023; the superscript numbers in the chapters refer to these rows, older documents are in the expandable part. NadirAlpha methodology

54 documents · 2016 to 2026 · SEC EDGAR (USA)
Sources for SolarEdge Technologies stock: 54 original documents, 2016 to 2026. Compiled by NadirAlpha.
#Document typePublished
#1 / #1018-K-EX99.1 earnings release2023-02-13
#210-K annual report2023-02-22
#38-K-EX99.1 earnings release2023-05-03
#410-Q quarterly report2023-05-08
#58-K-EX99.1 earnings release2023-08-01
#610-Q quarterly report2023-08-07
#78-K-EX99.1 earnings release2023-10-20
#88-K-EX99.1 earnings release2023-11-01
#910-Q quarterly report2023-11-06
#108-K-EX99.1 earnings release2024-01-22
#11 / #1118-K-EX99.1 earnings release2024-02-20
#1210-K annual report2024-02-26
#138-K-EX99.1 earnings release2024-05-08
#1410-Q quarterly report2024-05-09
#1510-Q quarterly report2024-08-07
#168-K-EX99.1 earnings release2024-08-07
#178-K-EX99.1 earnings release2024-11-06
#1810-Q quarterly report2024-11-07
#19 / #1198-K-EX99.1 earnings release2025-02-19
#2010-K annual report2025-02-25
#218-K-EX99.1 earnings release2025-05-06
#2210-Q quarterly report2025-05-08
#2310-Q quarterly report2025-08-07
#24 / #1248-K-EX99.1 earnings release2025-08-07
#25 / #1258-K-EX99.1 earnings release2025-11-05
#2610-Q quarterly report2025-11-06
#27 / #1278-K-EX99.1 earnings release2026-02-18
#2810-K annual report2026-02-25
#298-K-EX99.1 earnings release2026-05-06
#3010-Q quarterly report2026-05-07
#3110-Q quarterly report2026-08-05
#32 / #1328-K-EX99.1 earnings release2026-08-05
Older sources (+22)
Older sources for SolarEdge Technologies, 22 documents
#Document typePublished
#20110-Q quarterly report2016-05-10
#20310-K annual report2016-08-17
#20710-K annual report2016-08-17
#20210-Q quarterly report2016-11-09
#20410-Q quarterly report2017-05-10
#20510-Q quarterly report2017-08-03
#20610-Q quarterly report2017-11-08
#21110-K annual report2018-02-20
#20810-Q quarterly report2018-05-10
#20910-Q quarterly report2018-08-03
#21010-Q quarterly report2018-11-02
#21510-K/A annual report, amended2019-02-28
#21210-Q quarterly report2019-05-10
#21310-Q quarterly report2019-08-08
#21410-Q quarterly report2019-11-07
#21910-K annual report2020-02-27
#21610-Q quarterly report2020-05-07
#21710-Q quarterly report2020-08-06
#21810-Q quarterly report2020-11-04
#22010-Q quarterly report2021-05-04
#22110-Q quarterly report2021-08-04
#22210-Q quarterly report2021-11-03

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