SolarEdge reports Q3 2026 results and lowers Q4 revenue outlook

SolarEdge Technologies posted third‑quarter 2026 revenue of $326.1 million, a 5.8% sequential decline, and a non‑GAAP EPS of $0.29, beating estimates. The company recorded a GAAP net loss of $8.4 million and a GAAP gross margin of 33.2%. It guided fourth‑quarter 2026 revenue to $245 million‑$275 million, below consensus, while noting a fifth straight quarter of positive free cash flow.

The lowered Q4 revenue guidance may pressure the stock, as analysts had expected revenue near $318 million. However, continued positive free cash flow of $7.8 million provides some cushion for liquidity and ongoing restructuring efforts.

  • 1Q3 2026 revenue was $326.1 million, down 5.8% quarter over quarter and 4.1% year over year.
  • 2Non‑GAAP EPS for Q3 was $0.29.
  • 3GAAP net loss for Q3 was $8.4 million.
  • 4GAAP gross margin for Q3 was 33.2%.
  • 5Q4 2026 revenue guidance is $245 million to $275 million.
  • 6Free cash flow from operations in Q3 was $7.8 million, marking the fifth consecutive quarter of positive cash generation.

Sources