SolarEdge Q4 revenue up 70% to $335.4 million; $132.1 million net loss
SolarEdge reported fourth-quarter 2025 revenue of $335.4 million, up 70% from a year earlier but down 1.4% from the prior quarter, and a GAAP net loss of $132.1 million, or $2.21 per share, which included a one-time, non-cash $70.5 million finance expense tied to the liquidation of its Korean business entity. For full-year 2025, revenue rose 31% to $1.18 billion and the GAAP net loss narrowed to $405.4 million from $1.81 billion in 2024. The company guided first-quarter 2026 revenue to $290 million to $320 million.
Key points
- Q4 2025 GAAP net loss was $132.1 million, versus $50.1 million in the prior quarter; non-GAAP net loss was $8.2 million.
- Full-year 2025 operating cash flow was $104.3 million and free cash flow was $76.9 million, compared with a $421.5 million free cash flow deficit in 2024.
- Q1 2026 guidance: revenue of $290 million to $320 million, non-GAAP gross margin of 20% to 24%, and non-GAAP operating expenses of $88 million to $93 million.
The filing
Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 18, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.