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SEGMENT INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2026
Segment Reporting [Abstract] |
Schedule of Reportable Segments and Operating Income |
|  | Three Months Ended March 31, |
|  | 2026 |  |  | 2025 |
Revenues |  | $ | 310,501 |  |  | $ | 219,480 |
Less: |  |  |  |  |  |  |  |
Direct costs of goods |  |  | 186,197 |  |  |  | 130,929 |
Salaries1 |  |  | 111,305 |  |  |  | 122,445 |
Inventory costs |  |  | 8,642 |  |  |  | 1,919 |
Shipment and logistics |  |  | 11,724 |  |  |  | 11,134 |
Warranty |  |  | (10,388 | ) |  |  | (446 | )
Depreciation and amortization |  |  | 5,941 |  |  |  | 13,103 |
Directly related overhead costs |  |  | 14,825 |  |  |  | 11,688 |
Other2 |  |  | 37,298 |  |  |  | 31,286 |
Financial (income) expense, net |  |  | 1,037 |  |  |  | (10,068 | )
Income taxes |  |  | 1,286 |  |  |  | 5,726 |
Net loss from equity method investments |  |  | - |  |  |  | 287 |
Net loss |  | $ | (57,366 | ) |  | $ | (98,523 | )
1 Including stock-based compensation expenses. 2 Represents indirect costs of goods, consultants and sub-contractors, marketing, bad debt, impairments and dispositions.
Schedule of Revenues By Product Family |
|  | Three Months Ended March 31, |
|  | 2026 |  |  | 2025 |
United States |  | $ | 158,094 |  |  | $ | 132,104 |
Europe |  |  | 113,511 |  |  |  | 52,502 |
International markets |  |  | 38,896 |  |  |  | 34,874 |
Total revenues |  | $ | 310,501 |  |  | $ | 219,480 |
Schedule of reconciliation to consolidated operating income |
|  | Three Months Ended March 31, |
|  | 2026 |  |  | 2025 |
Power optimizers |  | $ | 128,868 |  |  | $ | 92,998 |
Batteries |  |  | 94,885 |  |  |  | 41,927 |
Inverters |  |  | 63,270 |  |  |  | 71,044 |
Communication |  |  | 5,335 |  |  |  | 191 |
Energy storage systems |  |  | 64 |  |  |  | 7,098 |
Other |  |  | 18,079 |  |  |  | 6,222 |
Total revenues |  | $ | 310,501 |  |  | $ | 219,480 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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