SolarEdge Q2 revenue up 20% to $346.2 million; non-GAAP operating profit $10.2 million
SolarEdge reported second-quarter 2026 revenue of $346.2 million, up 19.6% from a year earlier, and a GAAP net loss of $30.8 million, down from $124.7 million in the second quarter of 2025. Non-GAAP operating income was $10.2 million, compared with a non-GAAP operating loss of $48.3 million a year earlier. For the third quarter, the company guided to revenue of $310 million to $340 million, which sits below the second-quarter level at the midpoint.
Key points
- Q2 2026 GAAP revenue $346.2 million, up 19.6% from Q2 2025; GAAP net loss $30.8 million versus $124.7 million a year earlier
- Non-GAAP operating income $10.2 million, the first non-GAAP operating profit since Q2 2023, per the CEO
- Q2 gross margin includes a $13.3 million benefit related to IEEPA tariff matters
- Q3 2026 guidance: revenue $310 million to $340 million; non-GAAP gross margin 22% to 26%; non-GAAP operating expenses $86 million to $91 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 August 05, 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.