Solaredge Technologies Inc
NASDAQ:SEDG
Solaredge Technologies Inc
SolarEdge Technologies, Inc. engages in the development of energy technology, which provides inverter solutions. The firm's products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management. The firm's power optimizers provide module-level maximum power point (MPP) tracking and real-time adjustments of current and voltage to the optimal working point of each individual PV module. The firm's solution consists of a direct current (DC) power optimizer, an inverter and a cloud-based monitoring platform that operates as a single integrated system.
SolarEdge Technologies, Inc. engages in the development of energy technology, which provides inverter solutions. The firm's products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management. The firm's power optimizers provide module-level maximum power point (MPP) tracking and real-time adjustments of current and voltage to the optimal working point of each individual PV module. The firm's solution consists of a direct current (DC) power optimizer, an inverter and a cloud-based monitoring platform that operates as a single integrated system.
Revenue Growth: SolarEdge reported third quarter revenue of $340 million, up 21% quarter-over-quarter and 44% year-over-year, with strong momentum expected to continue into Q4.
Margin Expansion: Gross margin improved for the fourth consecutive quarter, reaching 18.8% in Q3 compared to 13.1% in Q2; Q4 margin guidance is 19–23%.
Positive Cash Flow: The company generated positive free cash flow of $23 million in Q3 and expects to remain free cash flow positive in Q4 and for the full year.
Market Share Gains: SolarEdge regained the #1 residential inverter market share in the U.S. and reported improved momentum in Europe, with European revenues up 45% QoQ and 21% YoY.
Innovation & New Products: The single SKU initiative, next-gen Nexis platform, and new C&I energy management system are expected to drive efficiency and future recurring revenue.
Data Center Expansion: Announced a partnership with Infineon to develop solid-state transformer technology targeting data center markets starting in 2027–2028.
Manufacturing & Compliance: U.S. manufacturing ramping enables both domestic and export growth; products are positioned for non-FEOC and domestic content compliance.
