SolarEdge (SEDG) Q3 2025 Earnings
How Did SEDG Stock React to Q3 2025 Earnings?
S&P 500 over the same 30 days: +0.89%.
Did SEDG Beat Earnings? Q3 2025 Results
Yes. SolarEdge reported Q3 2025 earnings of $-0.31 a share on Nov 5, 2025, beating the $-0.42 consensus estimate by 26.8%. Revenue was $340.2M against a $336.7M estimate.
SolarEdge Technologies delivered a convincing third-quarter turnaround story, posting a non-GAAP loss of just $0.31 per share against a consensus estimate of $0.42, a beat of 26.80%, while revenue of $340.18 million edged past the $336.70 million estimate and surged 30.4% year over year. The single most material driver behind the upside was a dramatic margin recovery, with GAAP gross margin climbing to 21.2% from 11.1% in the prior quarter, even as approximately 2% tariff headwinds weighed on results. Operating cash flow turned positive at $25.61 million, reversing a $7.80 million outflow the prior quarter, a milestone that underscored the company's ongoing restructuring progress. Shares responded with a roughly 10% jump, reflecting renewed investor confidence in the recovery trajectory. Unlike some <a href="https://247wallst.com/investing/2025/10/29/stem-inc-slips-after-reporting-mixed-q3-results/">peers in clean energy</a> that have stumbled recently, SolarEdge issued Q4 guidance of $310 million to $340 million in revenue with non-GAAP gross margin of 19% to 23%, signaling that management sees the recovery as durable heading into year-end.
- Three consecutive quarters of revenue growth
- GAAP gross margin improved to 21.2% from 11.1% in prior quarter
- Non-GAAP gross margin improved to 18.8% from 13.1% in prior quarter
- Operating expenses reduced significantly to $107.3 million from $147.6 million in prior quarter
- Cash generated from operations of $25.6 million versus cash used of $7.8 million in prior quarter
- Free cash flow turned positive at $22.8 million
- Cash and investments portfolio net of debt grew by $77.0 million to $208.8 million
“We're making steady progress in our turnaround, with three consecutive quarters of revenue growth and improving margins, and we're not done yet.”
SolarEdge CEO, on the earnings call
What Was SolarEdge's Outlook in Q3 2025?
For Q4 2025, SolarEdge guided revenues of $310 million to $340 million, non-GAAP gross margin of 19% to 23% (including approximately 2% tariff impact), and non-GAAP operating expenses of $85 million to $90 million. The company expressed confidence in continued growth, sustained profitability, and leadership in smart energy solutions.
SEDG YoY Financials
| Metric | Q3 2025 | Q3 2024 | Year over year |
|---|---|---|---|
| Revenue | $340.2M | $260.9M | +30.4% |
| Gross Profit | $72.1M | $34.3M | +110.3% |
| Operating Income | −$35.2M | −$17.9M | +96.8% |
| Net Income | −$50.1M | −$25.6M | +95.9% |
Figures from SEC filings and company reports. Not investment advice.