AI Earnings Predictions for SolarEdge Technologies Inc. (SEDG)

EX-99.1

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EXHIBIT 99.1

Exhibit 99.1

SolarEdge Announces Third Quarter 2026 Financial Results

Revenue of $326.1 million, in line with the midpoint of guidance

Cash flow from operations of $20.4 million; fifth consecutive quarter of positive free cash flow

Continued progress on the SolarEdge SST platform for the AI data center opportunity

MILPITAS, Calif. — November 4, 2026 — SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2026.

“The SolarEdge team delivered third-quarter revenue of $326.1 million, at the midpoint of our guidance, with profitability in line with expectations,” said Shuki Nir, CEO of SolarEdge. “As near-term market uncertainty persists and given reduced revenue expectations for the fourth quarter, we are taking decisive steps to reduce costs, sharpen our focus, and support profitability amid softer demand. At the same time, we believe that our product innovation initiatives, including strong momentum in Nexis and increasing storage adoption, position us to capitalize on a market recovery. In addition, we are accelerating our efforts in the AI data center power infrastructure market, where live demonstrations of our solid-state transformer (SST) technology are generating increasing interest from potential partners and customers.”

Third Quarter 2026 Financial Highlights

(In millions, except percentages and per share data)

GAAP

Non-GAAP (1)

Q3 2026

Q2 2026

Q3 2025

Q3 2026

Q2 2026

Q3 2025

Revenue $326.1 $346.2 $340.2 $325.4 $345.5 $339.7

Gross margin 33.2% 27.5% 21.2% 34.7% 28.6% 18.8%

Operating expenses $110.1 $111.2 $107.3 $88.8 $88.5 $87.7

Operating income (loss) $(1.9) $(16.0) $(35.2) $23.9 $10.2 $(23.8)

Net income (loss) $(8.4) $(30.8) $(50.1) $21.1 $3.6 $(18.3)

EPS (diluted) $(0.14) $(0.50) $(0.84) $0.29 $0.05 $(0.31)

Adjusted EBITDA (loss) (1) -- -- -- $31.8 $18.3 $(14.1)

(1) Non-GAAP financial measure. See “Non-GAAP Financial Measures” for additional information on Non-GAAP financial measures and a reconciliation to the most comparable GAAP measures.

●GAAP revenues were $326.1 million, down 5.8% from the prior quarter and down 4.1% from the third quarter of 2025.

●Non-GAAP revenues were $325.4 million, down 5.8% from the prior quarter and down 4.2% from the third quarter of 2025.

●GAAP gross margin was 33.2%, compared to 27.5% in the prior quarter and 21.2% in the third quarter of 2025. Results include a benefit of $36.0 million related to IEEPA tariff matters.

●Non-GAAP gross margin was 34.7%, compared to 28.6% in the prior quarter and 18.8% in the third quarter of 2025. Results include a benefit of $36.0 million related to IEEPA tariff matters.

●GAAP operating expenses were $110.1 million, compared to $111.2 million in the prior quarter and $107.3 million in the third quarter of 2025.

●Non-GAAP operating expenses were $88.8 million, compared to $88.5 million in the prior quarter and $87.7 million in the third quarter of 2025.

●GAAP operating loss was $1.9 million, compared to $16.0 million in the prior quarter and $35.2 million in the third quarter of 2025.

●Non-GAAP operating income was $23.9 million, compared to $10.2 million in the prior quarter and a non-GAAP operating loss of $23.8 million in the third quarter of 2025.

●GAAP net loss was $8.4 million, compared to $30.8 million in the prior quarter and $50.1 million in the third quarter of 2025.

●Non-GAAP net income was $21.1 million, compared to $3.6 million in the prior quarter and a non-GAAP net loss of $18.3 million in the third quarter of 2025.

●Free cash flow was $7.8 million, compared to $3.1 million in the prior quarter and $22.8 million in the third quarter of 2025, marking the fifth consecutive quarter of positive free cash flow.

●As of September 30, 2026, our cash and investments portfolio, net of debt, was $260.9 million, compared to $264.6 million as of June 30, 2026.

Outlook for the Fourth Quarter of 2026

The Company provides the following guidance for the fourth quarter ending December 31, 2026. This guidance excludes potential IEEPA refunds in the fourth quarter.

Guidance Metric Q4 2026 Guidance

Revenue $245 million – $275 million

Non-GAAP gross margin*

17% – 21%

Non-GAAP operating expenses*

$87 million – $91 million

*Non-GAAP gross margin and Non-GAAP operating expenses are non-GAAP financial measures, and these forward-looking measures have not been reconciled to the most comparable GAAP outlook because it is not possible to do so without unreasonable efforts due to the uncertainty and potential variability of reconciling items, which are dependent on future events and often outside of management’s control and which could be significant. Because such items cannot be reasonably predicted with the level of precision required, we are unable to provide outlook for the comparable GAAP measures. Forward-looking estimates of Non-GAAP gross margin and

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EX-99.1

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EXHIBIT 99.1

Exhibit 99.1

SolarEdge Announces First Quarter 2026 Financial Results

MILPITAS, Calif. — May 6, 2026. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the first quarter ended March 31, 2026.

“Our first quarter results reflect strong execution, continued innovation, and business acceleration, with 46% year-over-year revenue growth and a sixth consecutive quarter of margin expansion,” said Shuki Nir, CEO of SolarEdge. “At the midpoint of our Q2 outlook, we expect to be close to breakeven operating profitability. With a return to profitability in sight, we have shifted decisively to offense and are focused on rolling out the SolarEdge Nexis platform and  advancing our AI data-center power roadmap.”

First Quarter 2026 Summary

The Company reported revenues of $310.5 million, down 7.4% from $335.4 million in the prior quarter.

Non-GAAP revenues1 were $309.9 million, down 7.1% from $333.8 million the prior quarter.

First quarter revenue does not include significant one-time or pull forward of revenue from safe harbor nor from the 25D rush towards the end of the year.

During the quarter approximately 50.5 thousand inverters, 2.4 million optimizers and 331 MWh of batteries for PV applications were recognized as revenue.

GAAP gross margin was 22.0%, compared to 22.2% in the prior quarter.

Non-GAAP gross margin1 was 23.5%, compared to 23.3% in the prior quarter.

GAAP operating expenses were $123.3 million, compared to $122.8 million in the prior quarter.

Non-GAAP operating expenses1 were $97.7 million, compared to $88.7 million in the prior quarter. Excluding a one-time

expense of approximately $14 million, our operating expenses were approximately $84 million.

GAAP operating loss was $55.0 million, compared to $48.3 million in the prior quarter.

Non-GAAP operating loss1 was $24.8 million, compared to $11.0 million in the prior quarter. Excluding a one-time expense of approximately $14 million, our operating loss was approximately $11 million, approximately flat with the prior quarter.

1 Non-GAAP financial measure. See “Non-GAAP Financial Measures” for additional information on non-GAAP financial measures and a reconciliation to the most comparable GAAP measures.

GAAP net loss was $57.4 million, compared to $132.1 million in the prior quarter.

Non-GAAP net loss1 was $26.3 million, compared to $8.2 million in the prior quarter. Excluding a one-time expense of

approximately $14 million, our net loss was approximately $11.9 million.

GAAP net loss per share was $0.95, compared to $2.21 in the prior quarter.

Non-GAAP net loss per share1 was $0.43, compared to $0.14 in the prior quarter. Excluding a one-time expense of

approximately $14 million, our net loss per share was approximately $0.20.

Cash flow from operating activities was $24.4 million, compared with $52.6 million in the prior quarter.

Free cash flow1 generated was $20.7 million, compared to $43.3 million in the prior quarter.

As of March 31, 2026, our cash and investments portfolio, net of debt, grew by $2.0 million to $246.2 million, compared to $244.2 million as of December 31, 2025.

Outlook for the Second Quarter 2026

The Company also provides guidance for the second quarter ending June 30, 2026 as follows:

•

Revenues to be within the range of $325 million to $355 million; this range does not include significant one-time or pull forward of revenue.

•

Non-GAAP gross margin* expected to be within the range of 23% to 27%

•

Non-GAAP operating expenses* to be within the range of $86 million to $91

million.

*Non-GAAP gross margin and Non-GAAP operating expenses are non-GAAP financial measures, and these forward-looking measures have not been reconciled to the most comparable GAAP outlook because it is not possible to do so without unreasonable efforts due to the uncertainty and potential variability of reconciling items, which are dependent on future events and often outside of management’s control and which could be significant. Because such items cannot be reasonably predicted with the level of precision required, we are unable to provide outlook for the comparable GAAP measures. Forward-looking estimates of Non-GAAP gross margin and Non-GAAP operating expenses are made in a manner consistent with the relevant definitions and assumptions noted herein and in our filings with the SEC.

Conference Call

The Company will host a conference call to discuss its results for the first quarter ended March 31, 2026 at 8:00 a.m. ET on Wednesday, May 6, 2026. The call will be available, live, to interested parties by dialing +1 800-225-9448. For international callers, please dial +1 203-518-9708. The Conference ID is SEDG. To avoid a delay in connecting to the call, please dial in 10 minutes prior to the start time. A live webcast will also be available in the Investors Relations section of the Company’s website at: http://in