Back to top

Image: Bigstock

SolarEdge (SEDG) Reports Q3 Earnings: What Key Metrics Have to Say

Read MoreHide Full Article

SolarEdge Technologies (SEDG - Free Report) reported $326.08 million in revenue for the quarter ended September 2026, representing a year-over-year decline of 4.2%. EPS of $0.29 for the same period compares to -$0.31 a year ago.

The reported revenue represents a surprise of -0.92% over the Zacks Consensus Estimate of $329.11 million. With the consensus EPS estimate being $0.02, the EPS surprise was +1350%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how SolarEdge performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Megawatt hours recognized as revenue - batteries: 388 versus 385 estimated by three analysts on average.
  • Inverters recognized as revenue: 86.4 thousand versus the two-analyst average estimate of 65.66 thousand.
  • Power optimizers recognized as revenue: 2.36 million versus the two-analyst average estimate of 2.53 million.
  • Revenues- Batteries: $121.66 million compared to the $116.16 million average estimate based on three analysts.
  • Revenues- Inverters: $66.2 million compared to the $76.71 million average estimate based on two analysts.
  • Revenues- Power optimizers: $93.8 million versus the two-analyst average estimate of $111.6 million.

View all Key Company Metrics for SolarEdge here>>>

Shares of SolarEdge have returned -19.3% over the past month versus the Zacks S&P 500 composite's -5.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Published in