SolarEdge Technologies (DE:2ED)
XETRA:2ED
Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.01Last Year’s EPS
-0.7Same Quarter Last Year
Based on 19 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveys a cautiously optimistic and constructive tone: management reported strong year-over-year revenue growth (+46% YoY), margin expansion, solid product momentum (Nexis fully booked in planned Q2 production for Europe), U.S. C&I share gains, and a clear path toward breakeven in Q2, supported by disciplined cost control and a healthy cash position (~$583M and positive FCF in Q1). Key risks remain — notably a widened non-GAAP net loss impacted by a $14M doubtful-debt charge, a 20% QoQ decline in U.S. revenue, inventory build, and customer credit/bankruptcy uncertainties (Freedom Forever and another U.S. customer). Management emphasized execution on new product rollouts, onshoring benefits, and a large AI data-center opportunity which together with operational discipline tilt the narrative positive despite the near-term headwinds and uncertainties.Company Guidance
Strong Year-over-Year Revenue Growth
Non-GAAP revenue of $310 million in Q1 2026, up 46% year-over-year (fifth consecutive quarter of YoY growth), outperforming typical seasonality (QOQ -7% vs typical -10% to -15%).
Improving Margins and Near-Term Profitability Trajectory
Non-GAAP gross margin expanded slightly to 23.5% (from 23.3% in Q4) and at the midpoint of Q2 guidance management expects to approach breakeven operating profit (implied EBIT loss of ~ $3.5M at midpoint).
Product Momentum — SolarEdge Nexis Demand
Nexis launch exceeded expectations (nearly 1,000 attendees); entire planned Q2 Nexis production for Europe is fully booked and capacity expansion is underway — providing multi-quarter revenue visibility and differentiation in larger-home/resi segments.
Europe Strength and Recovery
Europe revenue reached its highest level since Q4 2023 at $114 million, up 14% quarter-over-quarter, driven by stronger battery demand in both resi and C&I and higher electricity prices supporting PV+storage adoption.
U.S. C&I Share Gains from Domestic-Content/FEOC Positioning
Management reports structural share gains in U.S. commercial & industrial (C&I) driven by a compliant, domestically-sourced product offering that enhances returns for enterprise rooftop projects and benefits from FEOC/domestic content barriers for competitors.
Battery and Storage Product Progress
Unveiled 2nd-generation commercial battery (CSS outdoor 197 kWh) with advanced software modes (self-consumption, peak shaving, tariff optimization); strong battery shipments noted in Q1 and rising attach rates to PV.
Onshoring and Manufacturing Progress
More than 90% of inverter and optimizer production reported as U.S.-made; exports of U.S.-manufactured products to Europe have begun, expected to improve cost structure and margins.
Solid Balance Sheet and Cash Generation
Cash and investments approximately $583 million as of March 31, 2026; generated roughly $21 million of free cash flow in Q1 and management expects positive cash flow for full-year 2026 despite higher CapEx guidance ($60M-$80M).
Potential Tariff Refund Upside
Following a U.S. Supreme Court ruling, management estimates potential IEEPA tariff refunds could total approximately $55 million (not included in Q2 guidance), representing an upside to cash and P&L if realized.
AI Data Center Power Opportunity Advancement
Progress on high-voltage DC solutions (solid-state transformer platform, prototypes converting 34.5 kV to 800 V DC at >99% efficiency); plan to deliver working system in 2026, pilots in 2027 and broader rollout in 2028 — positioned for a multibillion-dollar addressable market.
Operational Discipline and Cost Control
Ongoing OpEx (ex-onetime doubtful debt) was ~$84M in Q1, down from $88.7M in Q4; Q1 OpEx excluding onetime charge was below guidance range, and Q2 OpEx guidance ($86M-$91M) implies modest sequential increase.
DE:2ED Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:2ED Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | €37.50 | €34.90 | -6.93% |
Feb 18, 2026 | €31.27 | €29.10 | -6.95% |
Nov 05, 2025 | €27.48 | €34.00 | +23.70% |
Aug 07, 2025 | €22.09 | €21.72 | -1.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does SolarEdge Technologies (DE:2ED) report earnings?
SolarEdge Technologies (DE:2ED) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is SolarEdge Technologies (DE:2ED) earnings time?
SolarEdge Technologies (DE:2ED) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of SolarEdge Technologies stock?
The P/E ratio of SolarEdge Technologies is N/A.
What is DE:2ED EPS forecast?
DE:2ED EPS forecast for the fiscal quarter 2026 (Q2) is -0.01.
