SolarEdge Technologies Q2 revenue beats analyst estimates
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:
