Overview
- SolarEdge reported Q3 revenue of about $340 million, topping estimates with sequential growth and positive operating cash flow of $25.6 million.
- Margins improved meaningfully from the prior quarter and the net loss narrowed, reflecting continued cost control and operational progress.
- Shipments totaled roughly 1.47 GW of inverters and 269 MWh of batteries for PV applications in the quarter.
- For Q4, the company guided revenue to $310 million–$340 million and forecast adjusted gross margin of 19%–23%, including an approximately 2% tariff impact.
- SolarEdge announced a co-development with Infineon on solid-state transformers for AI and hyperscale datacenters, targeting over 99% efficiency and modular 2–5 MW medium-voltage to 800–1500 V DC conversion, with the effort still in development.