SolarEdge Technologies Inc. (SEDG) saw its stock price plummet by 5.20% in Thursday's intraday trading session, following the release of its second-quarter 2025 financial results and third-quarter outlook. The solar energy company reported significant losses despite beating some analyst estimates, leading to investor concerns about its near-term performance.

For the second quarter, SolarEdge reported a GAAP net loss of $124.7 million, or $2.13 per share, widening from the previous quarter. While the company's adjusted loss of $0.81 per share beat the analyst consensus of $0.86, the substantial operating loss of $115.5 million highlighted ongoing challenges. Revenue for the quarter came in at $289.4 million, surpassing expectations of $273.9 million and marking a 32% increase from the previous quarter.

Adding to investor worries, SolarEdge provided a cautious outlook for the third quarter. The company expects Q3 revenues to be in the range of $315 million to $355 million, with a non-GAAP gross margin between 15% and 19%, including a 2% impact from new tariffs. While this guidance suggests potential improvement, it also reflects ongoing pressures in the solar market. CEO Shuki Nir emphasized the company's focus on strategic priorities and execution improvements, but the market's reaction indicates concerns about SolarEdge's path to profitability in a challenging industry environment.