SolarEdge reports third-quarter revenue of US$326.1 million

SolarEdge Technologies, Inc. reported third-quarter revenue of US$326.1 million for the period ending September 30, 2026, a decrease from US$340.2 million in the same quarter the previous year. Despite the revenue decline, the company narrowed its quarterly net loss to US$8.4 million, compared to a US$50.1 million loss a year earlier. The GAAP gross margin rose to 33.2 percent from 21.2 percent year-over-year.

The results included a US$36 million benefit related to International Emergency Economic Powers Act tariffs. SolarEdge reported positive free cash flow of US$7.8 million, marking its fifth consecutive quarter of positive free cash flow.

For the fourth quarter ending December 31, 2026, SolarEdge provided a revenue forecast between US$245 million and US$275 million. This outlook excludes potential tariff refunds and anticipates a lower adjusted gross margin than the third-quarter results.