SolarEdge says Q2 2026 non-GAAP operating profit driven by cost discipline, favorable mix and $13.3 million tariff refunds

Reuters2026/08/05 12:34

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SolarEdge posted Q2 2026 revenue of USD 346.2 million, up 20% year over year, citing higher volumes without a material revenue pull-forward.
Non-GAAP gross margin rose to 28.6% from 23.5% sequentially, helped by cost controls, product mix, operating leverage, and USD 13.3 million tariff refunds.
Non-GAAP operating income was USD 10.2 million, the first operating profit in nearly three years, as non-GAAP operating expenses held at USD 88.5 million.
Europe revenue climbed 36% quarter over quarter to USD 154.4 million, while US revenue slipped 2% to USD 154.9 million amid soft residential demand.
Q3 revenue guidance is USD 310-340 million, reflecting expected European seasonality and limited US pickup; non-GAAP gross margin seen at 22%-26%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SolarEdge Technologies Inc. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SolarEdge says Q2 2026 non-GAAP operating profit driven by cost discipline, favorable mix and $13.3 million tariff refunds

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