EarningsQ2 2026 Earnings Report
MX:SEDGN Q2 2026 EPS Results
Actual EPS$1.09
Consensus EPS-$0.34
Beat/MissBeat by +$1.43
One Year Ago EPS-$14.66
MX:SEDGN Q2 2026 Revenue Results
Actual Revenue$6.27B
Expected Revenue$6.17B
Beat/MissBeat by +$92.12M
YoY Revenue Growth+19.63%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeBefore Open
Conference CallWednesday, August 5, 2026
MX:SEDGN Upcoming Earnings
SolarEdge Technologies's next earnings date is estimated for November 11, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:SEDGN Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized a clear operational turnaround: material year-over-year revenue growth, significant margin expansion, return to non-GAAP profitability for the first time in nearly three years, strengthened balance sheet and tangible product momentum (Nexis rollouts and SST demonstrations). Offsetting risks include near-term U.S. residential softness driven by tax-equity and FEOC uncertainty, channel destocking, Q3 seasonality (especially in Europe) and remaining GAAP losses and modest free cash flow. On balance, the company demonstrated meaningful progress against its transformation priorities while acknowledging near-term demand and timing headwinds.Company Guidance
Revenue Growth
GAAP revenue of $346.2M in Q2 2026, up 11.5% quarter-over-quarter and 19.6% year-over-year; non-GAAP revenue $345.5M, up 11.5% QoQ and 23% YoY (above midpoint of guidance).
Gross Margin Expansion
Non-GAAP gross margin expanded to 28.6% in Q2 (vs. 23.5% in Q1 and 13.1% YoY); GAAP gross margin 27.5% (vs. 22% in Q1 and 11.1% YoY). Results include a $13.3M IEEPA tariff refund benefit.
Return to Non-GAAP Profitability
Non-GAAP operating income of $10.2M in Q2 (vs. non-GAAP operating loss of $24.8M in Q1 and loss of $48.3M YoY). Non-GAAP net income was $3.6M (first positive quarter since Q2 2023); non-GAAP diluted EPS $0.05.
Market Share Gains in U.S. C&I and Enterprise Penetration
Reported >50% share of U.S. rooftop C&I installations in the most recent report and SolarEdge systems installed on rooftops of >60% of Fortune 100 companies, indicating strong commercial momentum.
Europe Revenue Surge and Upsell Opportunities
Europe revenue of $154.4M in Q2, up 36% QoQ and more than doubled YoY; retrofit/upsell activities generated >$20M in Q2 with a large installed base (>1M homes) targeted for future upsells.
Nexis Platform Traction
3-phase Nexis shipments exceeded $60M in Q2; independent benchmarking shows Nexis could deliver ~EUR 5,000 in additional homeowner savings over 15 years vs. a leading competitor; single-phase Nexis planned for rollout in Q1 2027 and Nexis approved on multiple U.S. financing platforms.
Progress on AI Factory (SST) Development
Demonstrations validated key SST elements including ~99% efficiency and medium-voltage AC to regulated DC bus conversion; milestone plan: working system in lab by year-end, pilot installations in 2027, volume shipments in 2028.
Improved Cash Position and Working Capital
Cash, cash equivalents and marketable securities of $601.6M (up from $581.1M at 12/31/2025); Q2 free cash flow positive at $3.1M; net AR decreased, DSO lower and DPO higher, with management expecting positive free cash flow for full year 2026.
MX:SEDGN 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