SolarEdge Announces Third Quarter 2026 Financial Results
Business Wire•04/11/2026•06:55 ET
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Key Highlights
- ➤Q3 revenue $326.1 million, at the midpoint of guidance
- ➤Q4 revenue guidance $245 million–$275 million, excluding potential IEEPA refunds
- ➤Non-GAAP operating income $23.9 million, versus $23.8 million loss year-over-year
- ➤Free cash flow $7.8 million, marking the fifth consecutive positive quarter
- ➤GAAP gross margin 33.2%, including a $36.0 million IEEPA tariff benefit
Expert Statements
Shuki Nir, CEO of SolarEdge
“The SolarEdge team delivered third-quarter revenue of $326.1 million, at the midpoint of our guidance, with profitability in line with expectations.”
Shuki Nir, CEO of SolarEdge
“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.”
Shuki Nir, CEO of SolarEdge
“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.”
Shuki Nir, CEO of SolarEdge
“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.”
Revenue of $326.1 million, in line with the midpoint of guidance
Cash flow from operations of $20.4 million; fifth consecutive quarter of positive free cash flow
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