Overview

* SolarEdge ( SEDG ) Q3 revenue grows 18% qtr/qtr, beating analyst expectations

* Adjusted loss per share beats analyst estimates, reflecting improved financial performance

* Company reports reduced net loss and operating expenses qtr/qtr

Outlook

* Company expects Q4 2025 revenue between $310 mln and $340 mln

* Non-GAAP gross margin for Q4 2025 expected between 19% and 23%

* Non-GAAP operating expenses for Q4 2025 expected between $85 mln and $90 mln

Result Drivers

* INVERTER SHIPMENTS - Co recognized revenue from approximately 92.7 thousand inverters, contributing to revenue growth

* GROSS MARGIN IMPROVEMENT - Co reports GAAP gross margin improved to 21.2% from 11.1% in prior qtr, despite 2% tariff impact

* OPERATING EXPENSES REDUCTION - Co reduced GAAP operating expenses to $107.3 mln from $147.6 mln in prior qtr

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $340.20 $332.40

Revenue mln mln (17

Analysts

)

Q3 Beat -$0.31 -$0.40

Adjusted (18

EPS Analysts

)

Q3 EPS -$0.84

Q3 Beat -$18.30 -$26.10

Adjusted mln mln (12

Net Analysts

Income )

Q3 Net -$50.10

Income mln

Q3 Gross 21.20%

Margin

Q3 Beat -$23.80 -$31.80

Adjusted mln mln (11

Operatin Analysts

g Profit )

Q3 18.80%

Adjusted

Gross

Margin

Q3 -$35.20

Operatin mln

g Profit

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 22 "hold" and 8 "sell" or "strong sell"

* The average consensus recommendation for the renewable energy equipment & services peer group is "buy."

* Wall Street's median 12-month price target for Solaredge Technologies Inc ( SEDG ) is $25.00, about 27.3% below its November 4 closing price of $31.82

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)