Companies

Solaredge Technologies Inc

NASDAQ: SEDG
$35.21
▼ $1.22 (−3.35%) today
Markets closed · 8:36pm ET

Q3 2025 Earnings

Reported Nov 5, 2025, 7:05am ET · SEC source
$-0.31
Beat +26.80%
EPS · est. $-0.42
$340.2M
Beat +1.03%
Revenue · est. $336.7M
−26.7%
Trailing market
SEDG vs S&P since report
1 quarter
Consecutive EPS beats

Market Reaction

% change · around the report
0+20%+40%+60%Nov 5Nov 6report 7:05am ETearnings−0.6%+50.6%
0+20%+40%+60%Nov 5Nov 6earnings−0.6%+50.6%
SEDG +50.6%S&P 500 −0.6%
0+20%+40%+60%Nov 5Nov 6report 7:05am ETearnings−0.9%+50.6%
0+20%+40%+60%Nov 5Nov 6earnings−0.9%+50.6%
SEDG +50.6%NASDAQ −0.9%
0+20%+40%+60%Nov 4Nov 13report 7:05am ETearnings+0.9%+45.1%
0+20%+40%+60%Nov 4Nov 13earnings+0.9%+45.1%
SEDG +45.1%S&P 500 +0.9%
0+20%+40%+60%Nov 4Nov 13report 7:05am ETearnings−0.0%+45.1%
0+20%+40%+60%Nov 4Nov 13earnings−0.0%+45.1%
SEDG +45.1%NASDAQ −0.0%
+28.91%
Day of report
−5.22%
Next session
+3.63%
One week
−25.82%
30 days

S&P 500 over the same 30 days: +0.89%.

Did SEDG Beat Earnings? Q3 2025 Results

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.

Key Takeaways
  • 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

Forward Guidance & Outlook

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

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$200.0M$260.9M$340.2MRevenue$34.3M$72.1MGross Profit$-17,864,403$-35,150,000Operating Income$-25,560,378$-50,060,000Net Income
$0$200.0MRevenueGross ProfitOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.