SolarEdge Technologies (SEDG) is a publicly traded Power Electronics & Inverters company founded in 2006 and based in Herzliya, Israel.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Mar 26, 2015 | IPO | $126M | — | — |
SolarEdge reported Q2 2026 revenue of $346.2 million, up 19.6% year-over-year, marking the sixth consecutive quarter of gross margin expansion. GAAP gross margin widened to 27.5% from 11.1% in Q2 2025, though results include a $13.3 million benefit from IEEPA tariff matters. The company returned to non-GAAP operating profitability with $10.2 million in non-GAAP operating income, compared to a $48.3 million non-GAAP loss in Q2 2025. GAAP operating loss narrowed to $16.0 million from $115.5 million year-ago. GAAP net loss was $30.8 million versus $124.7 million in Q2 2025. Free cash flow was $3.1 million, compared to negative $9.1 million in Q2 2025. Growth was driven by strong European demand and U.S. C&I strength offsetting residential softness. For Q3 2026, the company guided revenue of $310–340 million and non-GAAP gross margin of 22–26%.
Q3 2026 revenue $310–340M; non-GAAP gross margin 22–26%; non-GAAP operating expenses $86–91M

Section 232 tariffs could raise U.S. module prices by roughly $0.14/W, forcing project PPA renegotiations.

US imposes 15% tariff on all silicon ingot, wafer, cell and module imports and minimum import prices for polysilicon, the most aggressive solar trade action yet.
DC-to-DC converters mounted behind each solar panel that maximize individual module output via maximum power point tracking, independently of adjacent panels. Unlike string inverters where one shaded panel degrades the entire string, SolarEdge optimizers ensure every module performs at peak, increasing system energy yield by 5–25% on partially shaded or mixed-orientation rooftops. The optimizers communicate real-time module-level monitoring data to the cloud for remote diagnostics.
Grid-tied string inverters designed to pair with SolarEdge power optimizers, converting the high-voltage DC bus from optimized modules to grid-compatible AC. Available in residential (1–11.4 kW) and commercial (27.6–120 kW) variants with built-in revenue-grade monitoring and SafeDC module shutdown for installer safety. The next-generation Nexis residential platform, rolling out in late 2025, shortens installation time and adds new market-segment coverage.
DC-coupled battery storage systems integrated with SolarEdge inverters for residential and commercial applications, enabling self-consumption optimization, time-of-use shifting, and grid backup. The system uses the inverter's integrated energy manager to optimize charge and discharge based on tariff schedules and grid signals, avoiding a separate hybrid inverter. Manufactured in the US at SolarEdge's American production sites, contributing to domestic job creation.
112 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.