SolarEdge Posts 70.9% Q4 Revenue Growth to $335.4M, Narrows Loss
SolarEdge delivered Q4 sales of $335.4 million, marking 70.9% year-on-year growth and outpacing analyst projections by 2.2%, with non-GAAP loss per share narrowing to $0.14 versus a $0.23 forecast. The company projects Q1 revenue of roughly $305 million at midpoint, 3% above consensus estimates.
1. Robust Q4 Top-Line Performance
SolarEdge achieved $335.4 million in Q4 sales, a 70.9% increase from a year earlier, beating consensus of $328 million by 2.2%. This surge reflects stronger installations and uptake of new inverter models across key markets.
2. Enhanced Profitability Metrics
The company reduced its non-GAAP loss to $0.14 per share versus a $0.23 estimate, while adjusted EBITDA loss narrowed to $41.2 million, or a 12.3% margin, up from –78.8% a year ago. Free cash flow margin held at 12.9%, underlining disciplined capital management.
3. Strong Q1 Revenue Guidance
Management forecasts Q1 revenue between $290 million and $320 million, with a $305 million midpoint representing a 3% beat on the $296.2 million consensus. This outlook signals confidence in order backlog and seasonal demand trends.