SolarEdge reported a revenue of $289.41 million for Q2 2025, a 32% increase from the prior quarter. The company experienced a GAAP net loss of $124.74 million and a non-GAAP net loss of $47.67 million. Despite the losses, the company showed sequential improvements in revenue, gross margin, and operating loss, indicating progress in its turnaround efforts.
Revenue for Q2 2025 was $289.41 million, marking a 32% increase from the prior quarter.
GAAP gross margin improved to 11.1% from 8.0% in the prior quarter, while non-GAAP gross margin reached 13.1%.
The company reported a GAAP net loss of $124.74 million and a non-GAAP net loss of $47.67 million.
SolarEdge shipped 1,194 MW (AC) of inverters and 247 MWh of batteries for PV applications.
For the third quarter ending September 30, 2025, SolarEdge expects revenues to be between $315 million and $355 million, with non-GAAP gross margin in the range of 15% to 19%. Non-GAAP operating expenses are projected to be between $85 million and $90 million.
Analyze how earnings announcements historically affect stock price performance