Shares of SolarEdge Technologies, Inc. SEDG rose 2.8% to $25.10 on Aug. 12, following the company’s second-quarter 2025 results.
SolarEdge reported a second-quarter 2025 adjusted loss of 81 cents per share, narrower than the Zacks Consensus Estimate of a loss of 82 cents. The bottom line also improved from the prior-year quarter’s loss of $1.79.
Barring one-time adjustments, the company incurred a GAAP loss of $2.13 per share compared with a GAAP loss of $2.31 in the year-ago period.
The year-over-year improvement in the bottom line can be attributed to higher revenues, significantly improved gross profit and lower operating expenses incurred in the second quarter compared with the prior-year quarter.
SEDG’s Revenues
The company’s revenues of $289.4 million surpassed the Zacks Consensus Estimate by 5.7%. The top line also increased 9.1% from the year-ago quarter’s $265.4 million.
SolarEdge Technologies, Inc. Price, Consensus and EPS Surprise
SolarEdge Technologies, Inc. price-consensus-eps-surprise-chart | SolarEdge Technologies, Inc. Quote
SEDG’s Operational Highlights
SolarEdge Technologies shipped a total of 1,194 megawatt-alternate current (MWac) of inverters and 247 megawatt-hours of batteries in the second quarter.
The company reported an adjusted gross profit of $36.9 million compared with the adjusted gross profit of $0.5 million in the prior-year period.
Adjusted operating expenses declined 25.8% year over year to $85.2 million.
SEDG incurred an adjusted operating loss of $48.3 million compared with an operating loss of $114.3 million in the prior-year quarter.
SEDG’s Financial Performance
As of June 30, 2025, SolarEdge Technologies had cash and cash equivalents worth $545.2 million compared with $274.6 million as of Dec. 31, 2024.
The net cash inflow from operating activities during the first six months of 2025 amounted to $26 million against the cash outflow of $261.8 million recorded a year ago.
As of June 30, 2025, total long-term liabilities were $960.5 million, 3.2% higher than the figure reported at the end of 2024.
SEDG’s Q3 2025 Guidance
SEDG expects revenues in the range of $315-$355 million for the third quarter of 2025. The Zacks Consensus Estimate is pegged at $332.8 million, lower than the midpoint of the company’s guided range.
Adjusted operating expenses are projected in the range of $85-$90 million, while the adjusted gross margin is expected between 15% and 19%.
SEDG’s Zacks Rank
SolarEdge currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Recent Solar Releases
First Solar, Inc. FSLR reported second-quarter 2025 earnings of $3.18 per share, which were down 2.2% from the prior-year quarter’s figure of $3.25. However, the bottom line surpassed the Zacks Consensus Estimate of $2.68 by 18.7%.
First Solar’s second-quarter net sales were $1.10 billion, which beat the Zacks Consensus Estimate of $1.03 billion by 6.6%. The top line also improved 8.6% from the year-ago quarter’s $1.01 billion.
Enphase Energy, Inc. ENPH reported second-quarter 2025 adjusted earnings of 69 cents per share, which increased 60.5% from 43 cents reported in the prior-year quarter. The bottom line also surpassed the Zacks Consensus Estimate of 62 cents by 11.3%.
Enphase Energy’s second-quarter revenues of $363.2 million outpaced the Zacks Consensus Estimate of $357 million by 1.9%. The top line also rose 19.7% from the prior-year quarter’s reported figure of $303.5 million.
An Upcoming Solar Release
Canadian Solar, Inc. CSIQ is scheduled to report second-quarter 2025 results on Aug. 21, before market open. The Zacks Consensus Estimate for CSIQ’s earnings is pegged at $1.14 per share.
The consensus estimate for sales stands at $1.92 billion, which implies year-over-year growth of 17.3%.
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SolarEdge Technologies, Inc. (SEDG) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
