SEDG: SolarEdge Technologies Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
Q3 revenue $326.1M down 5.8% q/q, GAAP net loss $8.4M; Q4 revenue outlook cut, cost reductions announced.
What this filing says
SolarEdge reported third-quarter 2026 results, with revenue of $326.1 million in line with the midpoint of its guidance and a GAAP operating loss of $1.9 million, much smaller than the prior quarter. The company says it is taking steps to reduce costs because it expects lower fourth-quarter revenue and softer demand. For a shareholder, the release shows improving margins and positive free cash flow, but it also signals near-term demand pressure.
Key figures
- Q3 2026 GAAP revenue
- $326.1 million
- Q3 2026 GAAP gross margin
- 33.2%
- Q3 2026 GAAP operating loss
- $1.9 million
- Q3 2026 GAAP net loss
- $8.4 million
- Q3 2026 free cash flow
- $7.8 million
- Q3 2026 cash flow from operations
- $20.4 million
Positive for shareholders
- Revenue was in line with the midpoint of guidance and gross margin improved from 27.5% in the prior quarter.
- Free cash flow was positive for a fifth consecutive quarter.
- Non-GAAP net income was $21.1 million, up from $3.6 million in the prior quarter.
- Live demonstrations of the solid-state transformer technology are generating interest from potential AI data center partners.
Negative for shareholders
- GAAP revenue fell 5.8% from the prior quarter and 4.1% from the third quarter of 2025.
- Management reduced its fourth-quarter revenue expectations and is taking cost-reduction steps amid softer demand.
- GAAP net loss of $8.4 million remains a loss for the quarter.
Written by Quantisnow AI from this filing. Not financial advice.
Form 8-K cover page
Key terms
- Non-GAAP:
- Financial measures that exclude certain items, such as stock-based compensation and restructuring charges, from results prepared under standard accounting rules.
- Free cash flow:
- Cash generated by operations minus the money spent on capital investments, showing how much cash the business keeps.
- IEEPA refunds:
- Potential refunds related to tariffs paid under the International Emergency Economic Powers Act, excluded from the fourth-quarter guidance.
- Solid-state transformer (SST):
- An electrical power device that uses semiconductors instead of traditional copper and iron windings, being pitched for AI data center power.
FAQ
How did SolarEdge perform in the third quarter of 2026?
SolarEdge reported GAAP revenue of $326.1 million, a GAAP operating loss of $1.9 million, and a GAAP net loss of $8.4 million for the quarter ended September 30, 2026.
What is SolarEdge's outlook for the fourth quarter?
The release says reduced revenue expectations for the fourth quarter, and the company is taking steps to cut costs. The guidance excludes potential IEEPA refunds.
What is the SST platform SolarEdge is promoting?
The release says SolarEdge is accelerating efforts in the AI data center power market, where live demonstrations of its solid-state transformer technology are generating growing interest from potential partners and customers.
Historical context for SEDG
Across the 30 sessions after earlier SEDG headlines, the stock closed higher 16 times and lower 14 times, with a median move of 4.3% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | SEDG | SPY |
|---|---|---|---|
| Nov 4, 2026 | SolarEdge Announces Third Quarter 2026 Financial Results | -8.7% | +1.7% |
| Oct 15, 2026 | SolarEdge to Announce Financial Results for the Third Quarter Ended September 30, 2026, on Wednesday, November 4, 2026 | +3.0% | +0.3% |
| Oct 13, 2026 | SolarEdge Showcases MVAC-to-800 VDC AI Factory Power Technology at NVIDIA AI Factory MGX Ecosystem Showcase at OCP Global Summit, Oct. 12–15 | +3.3% | -0.0% |
| Oct 8, 2026 | SolarEdge Appoints Gokul Krishnan as SVP and General Manager, North America | -2.1% | -0.4% |
| Sep 10, 2026 | SolarEdge Advances Full DC Powertrain for AI Data Centers, Publishes 800 VDC Protection Framework With NVIDIA | +4.4% | -0.6% |
| Sep 9, 2026 | SolarEdge Extends Collaboration with Infineon to Enable Solid-State Protection for 800 VDC AI Data Centers | -3.3% | -0.5% |
- Market cap
- 30-day
- Sector
- Technology
- Industry
- Semiconductors
- Listed since
- 2015
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