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SolarEdge(SEDG) - 2025 Q1 - Quarterly Results
SEDGSolarEdge(SEDG)2025-05-06 11:03

Exhibit 99.1 SolarEdge Announces First Quarter 2025 Financial Results MILPITAS, Calif. — May 6, 2025. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the first quarter ended March 31, 2025. GAAP gross margin was 8.0%1, compared to negative 57.2%1 in the prior quarter. Non-GAAP gross margin2 was 7.8%, compared to negative 39.5%1 in the prior quarter. GAAP operating expenses were 120.3million,comparedto120.3 million, compared to 151.41 million in t ...