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Reported August 5, 2026 · Before market open

Revenue$346.2MBeat by $5.0M
EPS$0.06Beat by $0.08
Revenue estimate$341.2M
EPS estimate-$0.02
Our second-quarter results mark an important milestone in SolarEdge's turnaround. Revenue grew 20% year over year, GAAP operating loss narrowed significantly, and we returned to non-GAAP operating profitability for the first time since the second quarter of 2023, while continuing to generate positive free cash flow. Strong demand in Europe combined with strength in U.S. C&I, more than offset industry-wide softness in U.S. residential, driving overall year-over-year growth. We are focused on building on this momentum by scaling the Nexis platform in our core markets and continuing to advance the SolarEdge SST to address the significant opportunity in AI factories.
Shuki Nir

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$331.3M
EPS estimate$0.03

Financials

Q2 2026

Income statement

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Revenue$346.2M+19.6%
Gross profit$95.2M+196%
Operating income-$16.0M+86.1%
Net income-$30.8M+75.3%
EPS (diluted)-$0.50+76.5%

Balance sheet

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Cash & equivalents$581.9M+1.6%
Total debt$61.5M-85.2%
Total equity$412.1M-19.7%
Total assets$2.3B-7.5%

Cash flow

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Operating cash flow$11.4M
CapEx$8.3M+559%
Free cash flow$3.1M-84.5%

Valuation & ratios

Valuation

as of 09/17/26
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Market cap$2.13B+5.4%
Enterprise value$1.61B-13.6%
P/S1.6×-0.6×

Profitability

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Gross margin23.3%+13.1pp
Operating margin-11.6%-5.6pp
Net margin-20.3%-9.6pp
FCF margin6.8%+4.2pp

Returns & leverage

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Return on equity-58.4%-21.0pp
Debt / equity0.1×-0.7×
Current ratio+0.1×

Segments

By product

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Batteries For Pv Applications$126.0M+86.3%
Power Optimizers$116.5M-3.9%
Inverters$71.5M-11.4%
Other Products$18.9M+508%
Battery Accessories$13.3M+54.2%

By geography

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Europe$154.5M
Others$36.9M-5.4%

FAQ

When did SolarEdge Technologies report Q2 2026 earnings?
SolarEdge Technologies (SEDG) reported Q2 2026 earnings on August 5, 2026 before market open.
What were SolarEdge Technologies's Q2 2026 revenue and EPS?
SolarEdge Technologies reported revenue of $346.2M and eps of $0.06 for Q2 2026.
Did SolarEdge Technologies beat estimates in Q2 2026?
Revenue beat the consensus estimate of $341.2M by $5.0M. EPS beat the consensus estimate of $-0.02 by $0.08.
How did SolarEdge Technologies's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 19.6% from $289.4M a year earlier.
Where can I find SolarEdge Technologies's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001178913-26-003833) and the 10-Q periodic report (0001178913-26-003854) directly on SEC EDGAR. The filing index links above go to sec.gov.