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Other financials

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

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Market cap$2.01B+32.0%
Enterprise value$1.49B+9.1%
P/S1.5×-0.1×

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×

Where this comes from

Reported directly by SolarEdge Technologies in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: SolarEdge Technologies’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001178913-26-003854
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of revenues251,093257,298493,313459,242
Gross profit95,15232,131163,43349,667
Operating expenses:
Research and development, net52,75153,386102,906115,383
Sales and marketing27,26528,72554,71460,382
General and administrative24,53919,78960,96149,972
Other operating expense, net6,64345,72415,94142,149
Total operating expenses111,198147,624234,522267,886

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is SolarEdge Technologies's R&D?
SolarEdge Technologies (SEDG) reported R&D of $52.75M in Q2 2026.
How has SolarEdge Technologies's R&D changed year-over-year?
SolarEdge Technologies's R&D decreased by 1.2% year-over-year, from $53.39M to $52.75M.
What is the long-term trend for SolarEdge Technologies's R&D?
Over 4 years (2021 to 2025), SolarEdge Technologies's R&D has grown at a 0.2% compound annual growth rate (CAGR), from $219.63M to $221.26M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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