SolarEdge Announces Second Quarter 2026 Financial Results
Revenue of $346.2 million, representing 20% growth year-over-year
Sixth consecutive quarter of gross margin expansion year-over-year
SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the second quarter ended June 30, 2026.
“Our second-quarter results mark an important milestone in SolarEdge’s turnaround,” said Shuki Nir, CEO of SolarEdge. “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.”
