Company Reports

We will discontinue analyst coverage of SolarEdge on or about May 11, 2026.

SolarEdge is one of the largest global solar inverter manufacturers. The inverter is often referred to as the brain of a solar system, with its purpose being to convert direct current produced by solar panels into alternating current used by households/grid and optimize energy production.

SolarEdge reported fourth-quarter revenue of $334 million, up 70% year over year, and non-GAAP gross margin of 23.3%, exceeding the top end of guidance. First-quarter 2026 guidance is for revenue of $305 million (midpoint) and non-GAAP gross margin of 22%.

SolarEdge reported third-quarter revenue of $340 million and non-GAAP gross margin of 18.8%, both at the high end of its guidance range. Fourth-quarter guidance is for revenues of $325 million and non-GAAP gross margin of 21%.

SolarEdge is one of the largest global solar inverter manufacturers. The inverter is often referred to as the brains of a solar system, with its purpose being to convert direct current produced by solar panels into alternating current used by households/grid and optimize energy production.

The US residential solar market is expected to undergo a shift in 2026 as the tax credit for homeowner-owned systems expires at year-end, while the tax credit for third-party-owned systems remains.

SolarEdge is one of the largest global solar inverter manufacturers. The inverter is often referred to as the brains of a solar system, with its purpose being to convert direct current produced by solar panels into alternating current used by households/grid and optimize energy production.

On Aug. 15, the US Treasury released highly awaited new guidance on beginning construction requirements for renewable energy projects to qualify for tax credits. Shares of solar equities rose between 10% and 30% as the news was broadly better than feared.

SolarEdge reported second-quarter revenue of $281 million from continuing operations and non-GAAP gross margin of 13.1%, both at the high end of its guidance range. Guidance for the third quarter calls for revenue of $335 million and non-GAAP gross margin of 17%.

SolarEdge is one of the largest global solar inverter manufacturers. The inverter is often referred to as the brains of a solar system, with its purpose being to convert direct current produced by solar panels into alternating current used by households/grid and optimize energy production.

On July 3, the US House narrowly passed the budget reconciliation bill, which is expected to be signed by President Trump. The final bill includes changes to current renewable energy incentives, but is more favorable than earlier drafts, sending shares of solar stocks higher by 5%-15%.

SolarEdge is one of the largest global solar inverter manufacturers, based on revenue. The inverter is often referred to as the brains of a solar system, with its purpose being to convert direct current produced by solar panels into alternating current used by households/grid and optimize energy production.

On July 1, the US Senate passed its version of the tax bill, with language tweaked to be more favorable toward renewable energy credits compared with the draft released over the previous weekend.

On June 16, Senate Republicans unveiled their tax bill proposal, which would maintain tax credits for nuclear and battery storage, phase out wind and solar tax credits on an accelerated timeline, and end rooftop solar incentives at year-end 2025.

SolarEdge is one of the largest global solar inverter manufacturers, based on revenue. The inverter is often referred to as the brains of a solar system, with its purpose being to convert direct current produced by solar panels into alternating current used by households/grid and optimize energy production.

On May 22, the US House passed its highly anticipated tax bill, which included changes to clean energy tax credits relative to the initial draft. The revised draft would eliminate rooftop solar incentives at the end of this year, while accelerating the phaseout of broader renewables incentives.

On May 12 the House Ways and Means Committee released its long-awaited budget reconciliation bill. The bill includes updates to key clean energy incentives established or extended under the Inflation Reduction Act.

SolarEdge reported first-quarter revenue of $212 million from continuing operations and non-GAAP gross margin of 7.8%, both within its guidance range. Second-quarter guidance is for revenue of $275 million and gross margin of 10%, including 2 percentage points of tariff impact.

SolarEdge shares rose 16% on Feb. 19 after reporting fourth-quarter earnings. While results continue to be challenging, the company generated $26 million of free cash flow in the quarter and expects to generate positive free cash flow for full-year 2025.

Donald Trump assumed the US presidency on Jan. 20. The change in administration brings the potential for policy changes to wind and solar tax credits in the coming months.