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SolarEdge forecasts weaker Q3 despite 20% Q2 revenue growth
['Shreeyashi Ojha']
PV Tech
Non-GAAP operating income reached US$10.2 million, compared with a loss of US$48.3 million a year earlier, while non-GAAP net income was US$3.6 million.
On a GAAP basis, SolarEdge narrowed its operating loss to US$16 million from US$115.5 million in the second quarter of 2025.
Net loss improved to US$30.8 million, or US$0.50 per diluted share, compared with a loss of US$124.7 million, or US$2.13 per share, a year earlier.
SolarEdge expects revenue of US$310-340 million, below market expectations, citing continued uncertainty in US residential solar demand.
Gross margin was 22%, broadly in line with 22.2% in Q4 2025.