Filing Flows › Solaredge Technologies (SEDG) › Q1 2026
Solaredge Technologies (SEDG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Solaredge Technologies (SEDG) reported revenue of $311M for the first quarter 2026 (Q1 2026), +41% from a year earlier and -7% from the quarter before. Operating margin was -17.7%, net loss $57.4M (18.5% of revenue).
Solaredge Technologies, Q1 2026: revenue $311M (+42% year over year), operating margin -17.7%, net loss $57.4M, operating cash flow $24.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $311M | -7% | +41% |
| Operating profit | −$55.0M | — | — |
| Net earnings | −$57.4M | — | — |
| Operating cash flow | $24.4M | -54% | -28% |
| Free cash flow | $20.7M | -52% | -13% |
What changed
Revenue was $310.5M in Q1 2026, up 41% year over year and down 7% from the previous quarter. Power Optimizers was the largest line at 42% of revenue. Batteries added $53.0M year over year (up 126%), 58% of the total change. Energy storage systems declined 99%.
Gross margin was 22.0%, up 14.0 points from Q1 2025. Operating costs exceeded revenue by $55.0M, an operating margin of -17.7%. Operating expenses grew 3% against revenue growth of 41%. The quarter ended with a net loss of $57.4M, narrower than the previous quarter's $132.1M loss.
Operating cash flow was $24.4M (down 28% year over year). Non-cash charges added back $5.9M of depreciation and amortization and $19.9M of share-based compensation. Working capital and other items added $56.0M. Capital expenditures of $3.7M left free cash flow of $20.7M.
Questions
What was Solaredge Technologies' revenue in the first quarter 2026?
Solaredge Technologies (SEDG) reported revenue of $311M for the first quarter 2026 (Q1 2026), +41% from a year earlier and -7% from the quarter before.
Was Solaredge Technologies profitable in the first quarter 2026?
Operating loss was $55.0M (-17.7% of revenue) and net loss $57.4M.