SolarEdge Q3 revenue slightly misses estimates on soft demand
SEDG•SEDG•SEDG•SEDG•SolarEdge reported Q3 revenue of $326.1 million, slightly below the $326.6 million consensus, while adjusted net income and operating profit beat estimates. It forecast Q4 revenue of $245 million to $275 million.
SolarEdge said softer demand and near-term market uncertainty weighed on Q3 results. Revenue was $326.1 million, down year over year and sequentially, compared with analyst expectations of $326.6 million. Adjusted net income was $21.1 million versus a $3.54 million estimate, and adjusted operating profit was $23.9 million versus a $1.37 million estimate. The company reported a net loss of $8.4 million; Q3 gross margin included a $36 million benefit related to IEEPA tariff matters.
SolarEdge expects Q4 2026 revenue of $245 million to $275 million, non-GAAP gross margin of 17% to 21%, and non-GAAP operating expenses of $87 million to $91 million. It cited cost-reduction efforts and a focus on profitability.
