SolarEdge Technologies Q2 revenue beats analyst estimates

Solaredge Technologies

07/08/2025 12:03

Overview

SolarEdge Q2 revenue rises 32%, beating analyst expectations, per LSEG data

Adjusted EPS beats consensus, indicating improved operational performance

Co faced GAAP net loss due to increased operating expenses and tariff impact

Outlook

Company expects Q3 2025 revenue between $315 mln and $355 mln

SolarEdge anticipates Q3 non-GAAP gross margin of 15% to 19%

Company projects Q3 non-GAAP operating expenses of $85 mln to $90 mln

Result Drivers

REVENUE GROWTH - Co reports 32% sequential revenue increase, driven by operational improvements

MARGIN EXPANSION - Gross margin improved to 11.1% GAAP and 13.1% non-GAAP, indicating better cost management

TARIFF IMPACT - New tariffs negatively impacted results by approximately 1%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$289.40 mln
$273.90 mln (23 Analysts)
Q2 Adjusted EPS
Beat
-$0.81
-$0.86 (23 Analysts)
Q2 EPS
-$2.13
Q2 Adjusted Net Income
Beat
-$47.70 mln
-$52.20 mln (20 Analysts)
Q2 Net Income
-$124.70 mln
Q2 Gross Margin
11.1%
Q2 Adjusted Operating Profit
Beat
-$48.30 mln
-$68.40 mln (15 Analysts)
Q2 Adjusted Gross Margin
13.1%
Q2 Operating Profit
-$115.50 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 22 "hold" and 9 "sell" or "strong sell"

The average consensus recommendation for the renewable energy equipment & services peer group is "buy."

Wall Street's median 12-month price target for Solaredge Technologies Inc is $18.00, about 43.3% below its August 6 closing price of $25.79

Press Release: ID:nBwMhYJsa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)