SolarEdge Technologies Inc.: Mixed — EPS $0.29, Revenue $326.08M
Mixed ResultQ3 2026 · Pre-market
Did SolarEdge Technologies Inc. (SEDG) beat earnings today?
It was a mixed report for Q3 2026 — SolarEdge Technologies Inc. (SEDG) beat on EPS but missed on revenue.
Earnings Per Share+625.00% surprise
$0.29Actual
Expected: $0.04
vs. year ago +193.6%
Total Revenue-0.27% surprise
$326.08MActual
Expected: $326.97M
vs. year ago -4.1%
Released Nov 04 · 6:55 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $326.10M | $340.20M | -4.1 |
| GAAP Basic EPS | $(0.14) | $(0.84) | - |
| GAAP Diluted EPS | $(0.14) | $(0.84) | - |
| Adj. Basic EPS | $0.34 | $(0.31) | - |
| Adj. Diluted EPS | $0.29 | $(0.31) | - |
| Net Loss | $(8.4) million | $(50.1) million | - |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | |
|---|---|---|
| Guidance | Expected | |
| Revenue | $245 million – $275 million | $317.74MMiss -18.17% |
| Non-GAAP gross margin | 17% – 21% | — |
| Non-GAAP operating expenses | $87 million – $91 million | — |
Q4 2026 Outlook
- Revenue
- Guidance$245 million – $275 millionExpected$317.74MMiss -18.17%
- Non-GAAP gross margin
- Guidance17% – 21%Expected—
- Non-GAAP operating expenses
- Guidance$87 million – $91 millionExpected—
Business Highlights
- ➤Continued progress on the SolarEdge SST platform for the AI data-center opportunity.
- ➤Live solid-state transformer demonstrations generated interest from potential partners and customers.
- ➤Reported strong momentum in Nexis.
- ➤Reported increasing adoption of storage solutions.
- ➤SolarEdge technology is installed at millions of sites in more than 145 countries.
- ➤More than 60% of Fortune 100 companies have SolarEdge technology on their rooftops.
- ➤SolarEdge develops PV inverters, Power Optimizers, energy management, storage and grid-services solutions.
Management Commentary
Shuki Nir, CEO
“The SolarEdge team delivered third-quarter revenue of $326.1 million, at the midpoint of our guidance, with profitability in line with expectations. As near-term market uncertainty persists and given reduced revenue expectations for the fourth quarter, we are taking decisive steps to reduce costs, sharpen our focus, and support profitability amid softer demand. At the same time, we believe that our product innovation initiatives, including strong momentum in Nexis and increasing storage adoption, position us to capitalize on a market recovery. In addition, we are accelerating our efforts in the AI data center power infrastructure market, where live demonstrations of our solid-state transformer (SST) technology are generating increasing interest from potential partners and customers.”