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Q4 25 EPS
$-0.14
BEAT +39.00%
Est. $-0.23
Q4 25 Revenue
$335.4M
BEAT +1.52%
Est. $330.3M
vs S&P Since Q4 25
+52.4%
BEATING MARKET
SEDG +61.3% vs S&P +8.9%
Full Year 2025 Results
FY 25 EPS
$-2.38
BEAT +8.29%
Est. $-2.60
FY 25 Revenue
$1.18B
BEAT +0.54%
Est. $1.18B
Market Reaction
Did SEDG Beat Earnings? Q4 2025 Results
SolarEdge Technologies delivered a meaningful earnings beat in Q4 2025, posting a non-GAAP loss of $0.14 per share against a consensus estimate of $0.26 and revenue of $335.36 million, ahead of the $328.94 million analysts had expected, as the solar … Read more SolarEdge Technologies delivered a meaningful earnings beat in Q4 2025, posting a non-GAAP loss of $0.14 per share against a consensus estimate of $0.26 and revenue of $335.36 million, ahead of the $328.94 million analysts had expected, as the solar inverter maker continued its recovery from one of the industry's steeper downturns. Revenue surged 96.4% year over year, driven by a fifth consecutive quarter of margin expansion that pushed non-GAAP gross margin to 23.3%, up from 18.8% in Q3, while operating cash flow reached $52.63 million for the quarter and $104.26 million for the full year, a sharp reversal from negative $313.32 million in fiscal 2024. The turnaround was notably clean, with management flagging that Q4 results excluded any meaningful safe harbor or pull-forward revenue. TD Cowen raised its price target to $43 from $38 following the results. Looking ahead, Q1 2026 guidance calls for revenue of $290 million to $320 million with non-GAAP gross margins of 20% to 24%, as CEO Shuki Nir pivots toward growth through the Nexis platform and AI data center power opportunities.
Key Takeaways
- • 70% year-over-year revenue growth in Q4 2025
- • Fifth consecutive quarter of margin expansion
- • Non-GAAP gross margin improved to 23.3% from 18.8% sequentially
- • Strong free cash flow generation of $43.3 million in Q4
- • Rigorous cost discipline enabling non-GAAP operating loss to narrow to $11.0 million
- • Approximately 98.8 thousand inverters, 2.87 million optimizers and 280 MWh of batteries shipped in Q4
SEDG YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
“Our fourth quarter results delivered 70% year-over-year revenue growth, marking our fourth consecutive quarter of year-over-year revenue growth and fifth consecutive quarter of margin expansion. In 2025 we restored discipline, generated strong free cash flow, and rebuilt margins. In 2026 we are shifting decisively to offense, focused on moving toward profitable growth and capturing global market share through the rollout of the SolarEdge Nexis platform. By leveraging our DC expertise, investing in high-growth adjacencies like AI data center power, and maintaining our rigorous cost discipline, we believe we are positioning 2026 to be a transformational year for SolarEdge.”
— Shuki Nir, Q4 2025 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% |