SolarEdge Technologies is trading 12% down at $42.92 after releasing mixed Q2 2026 results that showed a return to non-GAAP profitability but a continued GAAP loss.
- The company reported non-GAAP EPS of $0.05 and 20% year-over-year revenue growth to $346 million, though a GAAP loss of $0.50 per share weighed on sentiment.
- Scrutiny of the company's outlook and ongoing GAAP losses appear to be driving the sharp pre-market sell-off.
- Broader weakness in energy stocks due to falling oil prices is providing additional downward pressure on the sector.