Live Nasdaq Composite: Markets Take Breather After Impressive Q2 Showing on Easing Oil Outlook
Q1 26 EPS
$-0.43
MISS 59.85%
Est. $-0.27
Q1 26 Revenue
$310.5M
BEAT +1.65%
Est. $305.5M
vs S&P Since Q1 26
+31.8%
BEATING MARKET
SEDG +33.6% vs S&P +1.8%
Market Reaction
Did SEDG Beat Earnings? Q1 2026 Results
SolarEdge Technologies posted a mixed first quarter for 2026, delivering a revenue beat while falling short on the bottom line in a result that snapped the company's four-consecutive-quarter streak of meeting or beating EPS consensus. Revenue came in… Read more SolarEdge Technologies posted a mixed first quarter for 2026, delivering a revenue beat while falling short on the bottom line in a result that snapped the company's four-consecutive-quarter streak of meeting or beating EPS consensus. Revenue came in at $310.50 million, up 41.5% year over year and narrowly ahead of the $305.47 million Wall Street had expected, yet a one-time charge of approximately $14.00 million weighed heavily on profitability, pushing the GAAP loss per share to $-0.43 and missing the $-0.27 consensus by 59.85%. Excluding that charge, non-GAAP loss per share would have been closer to $-0.20, roughly in line with the prior quarter. On a positive note, non-GAAP gross margin expanded for a sixth consecutive quarter to 23.5%, and the company generated $20.73 million in free cash flow. Management, signaling a strategic shift toward growth, guided Q2 revenue of $325 million to $355 million and expressed confidence that breakeven operating profitability is within reach at the midpoint of that range.
Key Takeaways
- • 46% year-over-year revenue growth
- • Sixth consecutive quarter of margin expansion
- • Approximately 50,500 inverters, 2.4 million optimizers, and 331 MWh of batteries recognized as revenue
- • Positive free cash flow generation of $20.7 million
SEDG Forward Guidance & Outlook
For Q2 2026, SolarEdge guided revenues of $325 million to $355 million (excluding significant one-time or pull-forward revenue), non-GAAP gross margin of 23% to 27%, and non-GAAP operating expenses of $86 million to $91 million. At the midpoint of the Q2 outlook, management expects to be close to breakeven operating profitability.
SEDG YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
“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.”
— Shuki Nir, Q1 2026 Earnings Press Release
SEDG Earnings Trends
SEDG vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SEDG EPS Trend
Earnings per share: estimate vs actual
SEDG Revenue Trend
Quarterly revenue: estimate vs actual
SEDG Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $-0.27 | $-0.43 | -59.85% | $310.5M | +1.65% |
| Q4 25 BEAT FY | $-0.23 | $-0.14 | +39.00% | $335.4M | +1.52% |
| FY Full Year | $-2.60 | $-2.38 | +8.29% | $1.18B | +0.54% |
| Q3 25 BEAT | $-0.42 | $-0.31 | +26.80% | $340.2M | +1.03% |
| Q2 25 BEAT | $-0.84 | $-0.81 | +3.49% | $289.4M | +5.44% |
| Q1 25 BEAT | $-1.16 | $-1.14 | +1.69% | $219.5M | +7.47% |