The provider of inverter and energy storage placed a second consecutive quarter of the positive cash flow while he recovers from a difficult year.
SolarEdge, a supplier based supplier of solar converters and energy storage, announced his income report of Q1 2025. The company achieved a turnover of $ 219.5 million, with the consensus expectations of Wall Street by around 7.5%.
SolarEdge offers solar inverters, power optimalizers and energy storage for residential, commercial and industrial projects worldwide. In Q1 2025, SolarEdge sent 1.2 GWAC from inverters and 180 MWh of batteries.
The company’s share price rose by around 18% in the trading day after the profit. The shares of SolarEdge have fallen around 75% compared to a year ago and more than 90% compared to the prices for high shares of all time.
In the midst of distributed contraction of the solar market and regulatory uncertainty, the company has turned to a strategy aimed at generating free cash and slimmer activities. In January it announced fired from around 900 peopleOr about 16% of his workforce.
The company reported $ 26 million in free cash flow For Q4, 2024 and re -executed on its cash flow strategy in Q1, 2025, which generates $ 20 million free cash flow in the quarter.
SolarEdge reported operational losses of $ 102.7 million, an improvement compared to the operational losses of $ 263.7 million in Q4. Although the net losses of the company decreased quarterly over-quarter, it remained unprofitable.
The gross margins improved considerably in the quarter, rose from negative 57.2% in Q4 to a positive 8% in Q1 2025.
“Despite an uncertain rate and regulatory environment, we remain ruthlessly focused on increasing our execution in our company,” said Shuki Nir, CEO of SolarEdge.
The company expects to continue the successive quarterly revenue growth and to release the Q2 income guidance within the range of $ 265 million to $ 285 million. It expects to maintain a positive gross margin ranging from 8% to 12%, including percentage points of negative tariff effects.
SolarEdge has sent more than 5.9 million inverters or 57.4 GW of products worldwide. It has installed systems in more than 145 countries and more than 72,000 installers have used its products. The company has granted more than 3,400 employees, 604 patents and 340 more patents.
Although the company has withdrawn during a general market collection, the fundamental engine of the increased electricity demand is expected to be a growing market for distributed long-term solar and storage.
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