Israel-based solar inverter manufacturer SolarEdge reported revenues of $310.5 million in the first quarter (Q1) of 2026, a 41.5% year-over-year (YoY) jump from $219.5 million and beating analysts’ expectations by $5.03 million. The company expects to achieve break-even operating profit in Q2 2026. Its revenue was driven by shipments of approximately 50,500 inverters, 2.4 million optimizers, and 331 MWh of batteries for PV applications during the quarter. Revenue from the U.S. totaled $150 million, representing 48.4% of SolarEdge’s total revenue. Its revenue from Europe totaled $114 million, or 37% of total revenue.
