SolarEdge(US:SEDG) ZACKSยท2025-11-06 14:30Core Insights - SolarEdge Technologies, Inc. (SEDG) reported a narrower adjusted loss of 31 cents per share for Q3 2025, compared to the expected loss of 38 cents, and an improvement from a loss of $15.33 per share in the prior year [1][8] - The company's revenues reached $340.2 million, exceeding the Zacks Consensus Estimate of $325 million by 2% and representing a 44.5% increase from $235.4 million in the same quarter last year [2][8] Revenue Performance - SEDG's revenues for Q3 2025 were $340.2 million, surpassing the Zacks Consensus Estimate of $325 million by 2% and increasing 44.5% from $235.4 million in the prior-year quarter [2][8] Operational Highlights - The company shipped 1,471 megawatt-alternate current (MWac) of inverters and 269 megawatt-hours of batteries in Q3 2025 [3] - Adjusted gross profit was reported at $63.9 million, a significant recovery from an adjusted gross loss of $717.3 million in the prior-year period [3][8] - Adjusted operating expenses decreased by 24.6% year over year to $87.7 million [3] Financial Performance - As of September 30, 2025, SEDG had cash and cash equivalents of $439.5 million, up from $274.6 million as of December 31, 2024 [5] - Total long-term liabilities increased to $977.8 million from $930.8 million as of December 31, 2024 [5] - Net cash provided by operating activities for the first nine months of 2025 was $51.6 million, compared to cash used of $351.1 million in the same period last year [5] Q4 2025 Guidance - SEDG expects Q4 2025 revenues to be in the range of $310-$340 million, with the Zacks Consensus Estimate at $328.56 million [6] - Projected adjusted operating expenses are between $85-$90 million, and adjusted gross margin is expected to be between 19% and 23% [6]