SolarEdge reports Q1 revenue of $310.5M, guides Q2 to near breakeven on $325M–$355M

Filed May 6, 2026 · Period ending May 6, 2026 · ~1 min read

Key Changes

• high

  Q1 revenues fell 7.4% sequentially to $310.5M with non-GAAP operating loss of $24.8M ($11M excluding a $14M one-time charge). Company guided Q2 revenues to $325M–$355M and expects to approach breakeven operating profitability at the midpoint.

  Exhibit 99.1 verify on EDGAR →
• high

  Non-GAAP gross margin improved to 23.5% in Q1 (up from 23.3% prior quarter), marking the sixth consecutive quarter of margin expansion. Q2 gross margin guided to 23%–27% range.

  Exhibit 99.1 verify on EDGAR →
• medium

  Management announced strategic shift to offense, focusing on SolarEdge Nexis platform rollout and AI data-center power roadmap as company nears return to profitability.

  Exhibit 99.1 verify on EDGAR →