After four layoffs, the veteran photovoltaic company substantially reduced its losses!

2026-05-12 17:34:31

On May 6, SolarEdge, a photovoltaic inverter supplier, disclosed its financial results for the first quarter of 2026.

On May 6, photovoltaic data showed that SolarEdge achieved revenue of $ 310.5 million during the reporting period." Down 7.4% from $ 335.4 million in the fourth quarter of 2025; The net profit loss was $ 57.4 million, down sharply

from a net loss of $ 132.1 million in the fourth quarter of 2025. SolarEdge sold a total of about 5.

After 4 layoffs, the veteran photovoltaic company has sharply reduced its losses!

According to Digital New Energy Data. The details are as follows:

First, at 0 HTML0 UNK1 5 January 2024 0 HTML0 UNK1 6, due to the sharp decline in stock prices and sales, the company announced layoffs of about 0 HTML0 UNK1 7900 0 HTML0 UNK1 8, accounting for about 16% of the total number of employees; 0 HTML0 UNK1 9 Following 0 HTML0 UNK2 6 Months Later 0 HTML0 UNK2 1, SolarEdge Announces Layoffs 0 HTML0 UNK2 2400 0 HTML0 UNK2 3; 0 HTML0 UNK2 4 Next in 0 HTML0 UNK2 5 November 2024 0 HTML0 UNK2 6, SolarEdge announced the closure of the

Now, after a series of layoffs, SolarEdge's net loss has increased from more than $ 1.8 billion in 2024. Down to about 4 in 2025. Today, the company lost just $ 57.4 million in the first quarter of 2026.

Looking ahead, SolarEdge said it expects to achieve a "near breakeven operating profit" at the "midpoint" of its second-quarter guidance. The company expects second-quarter revenue of $325 million to $325 million.

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On May 6, SolarEdge, a photovoltaic inverter supplier, disclosed its financial results for the first quarter of 2026.

2026-05-12 17:34:31