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Array Technologies vs Solaredge Technologies: ARRY and SEDG compared
Array Technologies is the larger company: $330M of revenue in its latest quarter (Q3 2026) against $326M for Solaredge Technologies (Q3 2026). Solaredge Technologies is growing faster (-4% against -16% a year earlier). Array Technologies is more profitable, with an operating margin of 4.2% against -0.6%.
Where the money goes: ARRY and SEDG
Array Technologies (ARRY) · Q3 2026
Array Technologies, Q3 2026: revenue $330M (-16% year over year), operating margin 4.2%, net earnings $8.2M, operating cash flow $4.6M. The chart follows the revenue to costs, profit and cash.
Solaredge Technologies (SEDG) · Q3 2026
Solaredge Technologies, Q3 2026: revenue $326M (-4% year over year), operating margin -0.6%, net loss $8.4M, operating cash flow $20.4M. The chart follows the revenue to costs, profit and cash.
| Array Technologies (ARRY) | Solaredge Technologies (SEDG) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $330M | $326M |
| Revenue growth, Y/Y | -16% | -4% |
| Gross margin | 21.0% | — |
| Operating margin | 4.2% | -0.6% |
| Net earnings | $8.2M | −$8.4M |
| Net margin | 2.5% | -2.6% |
| Operating cash flow | $4.6M | $20.4M |
| Free cash flow | — | $7.8M |
| Market value | $528M | $1.8B |
| Analysts’ mean target | $6.98 | $36.05 |
Where the revenue comes from
Solaredge Technologies
- Batteries for Pv Applications: $122M (37%)
- Power Optimizers: $93.8M (29%)
- Inverters: $66.2M (20%)
- Other: $26.3M (8%)
Questions
Which is bigger, Array Technologies or Solaredge Technologies?
Array Technologies is the larger company: $330M of revenue in its latest quarter (Q3 2026) against $326M for Solaredge Technologies (Q3 2026).
Is Array Technologies or Solaredge Technologies growing faster?
Solaredge Technologies is growing faster (-4% against -16% a year earlier).
Which is more profitable, Array Technologies or Solaredge Technologies?
Array Technologies is more profitable, with an operating margin of 4.2% against -0.6%.
More: Array Technologies earnings · how Array Technologies makes money · Solaredge Technologies earnings · how Solaredge Technologies makes money
From the companies' latest 10-Q, 10-K or earnings release (8-K filed Nov 4, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.