SolarEdge Technologies Q3 Earnings Top Estimates, Revenues Rise Y/Y

SolarEdge Technologies, Inc. SEDG reported a third-quarter 2025 adjusted loss of 31 cents per share, narrower than the Zacks Consensus Estimate of a loss of 38 cents. The bottom line also improved from the prior-year quarter’s loss of $15.33 per share.

Barring one-time adjustments, the company incurred a GAAP loss of 84 cents per share compared with a GAAP loss of $21.58 in the year-ago period.

SEDG’s Revenues

The company’s revenues of $340.2 million surpassed the Zacks Consensus Estimate of $325 million by 2%. The top line also increased 44.5% from the year-ago quarter’s $235.4 million.

SEDG’s Operational Highlights

SolarEdge Technologies shipped a total of 1,471 megawatt-alternate current (MWac) of inverters and 269 megawatt-hours of batteries in the third quarter.

The company reported an adjusted gross profit of $63.9 million against an adjusted gross loss of $717.3 million in the prior-year period.

Adjusted operating expenses declined 24.6% year over year to $87.7 million.

SEDG incurred an adjusted operating loss of $23.8 million compared with an operating loss of $833.6 million in the prior-year quarter.

SEDG’s Financial Performance

As of Sept. 30, 2025, SolarEdge Technologies had cash and cash equivalents worth $439.5 million compared with $274.6 million as of Dec. 31, 2024.

As of Sept. 30, 2025, total long-term liabilities were $977.8 million compared with $930.8 million as of Dec. 31, 2024.

The net cash provided by operating activities during the first nine months of 2025 amounted to $51.6 million against the cash used $351.1 million in the year-ago period.

SEDG’s Q4 2025 Guidance

SEDG expects revenues to be in the range of $310-$340 million for the fourth quarter of 2025. The Zacks Consensus Estimate is pegged at $328.56 million, higher than the midpoint of the company’s guided range.

Adjusted operating expenses are projected to be in the range of $85-$90 million, while the adjusted gross margin is expected to be between 19% and 23%.

SEDG’s Zacks Rank

The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Recent Solar Releases

Nextracker Inc. NXT reported second-quarter fiscal 2026 results on Oct. 23, 2025. Its quarterly earnings of $1.19 per share beat the Zacks Consensus Estimate by 20.2% and came in higher than the year-ago quarter’s earnings of 97 cents. 

Its revenues, worth $905 million, also surpassed the consensus estimate by 9.4% and improved 42.3% from the prior-year quarter’s reported revenues.

Enphase Energy, Inc. ENPH reported third-quarter 2025 adjusted earnings of 90 cents per share, which increased 38.5% from the prior-year quarter’s level. The bottom line also surpassed the Zacks Consensus Estimate of 62 cents by 45.2%.

Its revenues of $410.4 million surpassed the Zacks Consensus Estimate of $362 million by 13.4%. The top line also increased 7.8% from the prior-year quarter’s reported figure of $380.8 million.

First Solar, Inc. FSLR reported third-quarter 2025 earnings of $4.24 per share, which missed the Zacks Consensus Estimate of $4.32 by 1.9%. However, the bottom line increased 45.7% from the prior-year quarter’s figure of $2.91. 

First Solar’s third-quarter net sales were $1.59 billion, which missed the Zacks Consensus Estimate by 0.3%. However, the top line improved 79.7% from the year-ago quarter’s $0.89 billion. 

 

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research