SOLAREDGE TECHNOLOGIES, INC.
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 5, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
| ☒ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the quarterly period ended June 30,2026
OR
| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the transition period from _________ to __________
Commission File Number:001-36894
SOLAREDGE TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 20-5338862 |
|---|---|
| (State or other jurisdiction of incorporation or organization) | (IRS Employer Identification No.) |
| 1 HaMada Street | |
| Herziliya Pituach, 4673335, Israel | |
| (Address of Principal Executive Offices, zip code) | |
972 (9) 957-6620
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common stock, par value $0.0001 per share | SEDG | Nasdaq (Global Select Market) |
Securities registered pursuant to Section 12(g) of the Act: None
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | ☒ | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☐ | Smaller Reporting Company | ☐ |
| Emerging growth company | ☐ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
Yes ☐ No☒
As of August 3, 2026, there were 61,525,748 shares of the registrant’s common stock, par value of $0.0001 per share, outstanding.
TABLE OF CONTENTS
| PART I. FINANCIAL INFORMATION | |
|---|---|
| ITEM 1. Financial Statements | F - 1 |
| Condensed Consolidated Balance Sheets | F - 1 |
| Condensed Consolidated Statements of Loss | F - 3 |
| Condensed Consolidated Statements of Comprehensive Loss | F - 4 |
| Condensed Consolidated Statements of Stockholders’ Equity | F - 5 |
| Condensed Consolidated Statements of Cash Flows | F - 7 |
| Notes to Condensed Consolidated Financial Statements | F - 9 |
| ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations | 3 |
| ITEM 3. Quantitative and Qualitative Disclosures About Market Risk | 19 |
| ITEM 4. Controls and Procedures | 20 |
| PART II. OTHER INFORMATION | |
| ITEM 1. Legal Proceedings | 21 |
| ITEM 1A. Risk Factors | 21 |
| ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds | 23 |
| ITEM 3. Defaults upon Senior Securities | 23 |
| ITEM 4. Mine Safety Disclosures | 23 |
| ITEM 5. Other Information | 23 |
| ITEM 6. Exhibits | 24 |
| EXHIBIT INDEX | |
PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
| June 30, 2026 | December 31, 2025 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $527,257 | $455,075 |
| Restricted cash | 54,660 | 84,771 |
| Marketable securities | 19,685 | 38,097 |
| Trade receivables, net of allowances of $28,909 and $17,224, respectively | 211,874 | 267,441 |
| Inventories, net | 599,817 | 552,632 |
| Prepaid expenses and other current assets | 454,844 | 341,831 |
| Total current assets | 1,868,137 | 1,739,847 |
| LONG-TERM ASSETS: | ||
| Property, plant and equipment, net | 253,942 | 269,351 |
| Operating lease right-of-use assets, net | 49,879 | 48,178 |
| Intangible assets, net | 5,780 | 7,129 |
| Goodwill | 49,846 | 50,123 |
| Other long-term assets | 75,946 | 67,566 |
| Total long-term assets | 435,393 | 442,347 |
| Total assets | $2,303,530 | $2,182,194 |
SOLAREDGE TECHNOLOGIES INC. | 2026 Form 10-Q | F - 1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Cont.)
| June 30, 2026 | December 31, 2025 | |
|---|---|---|
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Trade payables | $460,141 | $271,983 |
| Employees and payroll accruals | 66,098 | 73,992 |
| Warranty obligations | 69,918 | 89,330 |
| Deferred revenues and customers advances | 49,326 | 70,371 |
| Accrued expenses and other current liabilities | 274,842 | 297,819 |
| Total current liabilities | 920,325 | 803,495 |
| LONG-TERM LIABILITIES: | ||
| Convertible senior notes, net | 332,332 | 331,561 |
| Warranty obligations | 238,979 | 268,559 |
| Deferred revenues and customers advances | 327,684 | 293,328 |
| Finance lease liabilities | 19,171 | 18,558 |
| Operating lease liabilities | 42,377 | 36,648 |
| Other long-term liabilities | 10,577 | 2,581 |
| Total long-term liabilities | 971,120 | 951,235 |
| COMMITMENTS AND CONTINGENT LIABILITIES | ||
| STOCKHOLDERS’ EQUITY: | ||
| Common stock of $0.0001 par value - Authorized: 125,000,000; Issued and outstanding: 61,512,619 and 60,360,154 shares as of June 30, 2026 and December 31, 2025, respectively | 6 | 6 |
| Additional paid-in capital | 1,925,024 | 1,872,760 |
| Accumulated other comprehensive income (loss) | 8,813 | (11,663) |
| Accumulated deficit | (1,521,758) | (1,433,639) |
| Total stockholders’ equity | 412,085 | 427,464 |
| Total liabilities and stockholders’ equity | $2,303,530 | $2,182,194 |
SOLAREDGE TECHNOLOGIES INC. | 2026 Form 10-Q | F - 2
CONDENSED CONSOLIDATED
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