Companies /Technology
Solaredge Technologies Inc
NASDAQ: SEDG Solar
$32.27
▲ $1.21 (+3.91%) today
Markets open · 4:07pm ET

SolarEdge (SEDG) Q1 2026 Earnings

Reported May 6, 2026, 7:02am ET · SEC source
$-0.43
Miss −59.85%
EPS · est. $-0.27
$310.5M
Beat +1.65%
Revenue · est. $305.5M
+56.7%
Beating market
SEDG vs S&P since report
1 quarter
Consecutive EPS beats

How Did SEDG Stock React to Q1 2026 Earnings?

% change · around the report
−6%0+6%May 6May 7report 7:02am ETearnings+0.1%−7.9%
−6%0+6%May 6May 7earnings+0.1%−7.9%
SEDG −7.9%S&P 500 +0.1%
−6%0+6%May 6May 7report 7:02am ETearnings+0.3%−7.9%
−6%0+6%May 6May 7earnings+0.3%−7.9%
SEDG −7.9%NASDAQ +0.3%
−12%−6%0+6%May 5May 14report 7:02am ETearnings+2.0%+0.2%
−12%−6%0+6%May 5May 14earnings+2.0%+0.2%
SEDG +0.2%S&P 500 +2.0%
−12%−6%0+6%May 5May 14report 7:02am ETearnings+3.4%+0.2%
−12%−6%0+6%May 5May 14earnings+3.4%+0.2%
SEDG +0.2%NASDAQ +3.4%
−9.03%
Day of report
−4.92%
Next session
+5.32%
One week
+57.47%
30 days

S&P 500 over the same 30 days: +0.73%.

Did SEDG Beat Earnings? Q1 2026 Results

No. SolarEdge reported Q1 2026 earnings of $-0.43 a share on May 6, 2026, missing the $-0.27 consensus estimate by 59.9%. Revenue was $310.5M against a $305.5M estimate.

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 $-0.269 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

“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.”

SolarEdge CEO, on the earnings call

What Was SolarEdge's Outlook in Q1 2026?

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 · SEC filings Q1 2025 Q1 2026
$0$200.0M$219.5M$310.5MRevenue$17.5M$68.3MGross Profit$-37,592,542$-55,043,000Operating Income$-40,464,132$-57,366,000Net Income
$0$200.0MRevenueGross ProfitOperating IncomeNet Income
SEDG income statement, Q1 2026 versus Q1 2025
Metric Q1 2026 Q1 2025 Year over year
Revenue $310.5M $219.5M +41.5%
Gross Profit $68.3M $17.5M +289.4%
Operating Income −$55.0M −$37.6M +46.4%
Net Income −$57.4M −$40.5M +41.8%

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