SolarEdge Surges Back to Profit | Business and Finance News

SolarEdge’s Q2 2026 results are a major win: $346M in revenue, up 20% YoY, and they’ve returned to non-GAAP operating profit for the first time in nearly three years—proof their efficiency and customer focus is working. They’re targeting $310M–$340M in Q3 revenue and expanding market share, especially in U.S. commercial rooftops where they now lead with over 50% market share. Their U.S.-made products are a key advantage, meeting domestic content rules. Europe saw revenue more than double, fueled by solar/storage demand and rollout of the new Nexis platform. Installers love Nexis, which is gaining financing approvals, making adoption easier. They’re also eyeing a big future in AI data centers, with demos showing stellar efficiency. Gross margins have climbed for six quarters in a row, and they’re staying disciplined with expenses. Q3 expects 22–26% non-GAAP gross margin, while ramping up U.S. production and AI infrastructure investments. SolarEdge is clearly on a strong, profitable growth trajectory. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/741e375ba9062eb8