0001178913-26-000632 | 10-K | XBRL Viewer | Solaredge Technologies INC

Print Document

SEGMENT, GEOGRAPHIC AND PRODUCT INFORMATION (Narrative) (Details)	12 Months Ended
	Dec. 31, 2025 Segment
Segment Reporting [Abstract]
Number of operating segments	1

INCOME TAXES (Schedule of tax paid) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Tax Contingency [Line Items]
Total tax paid	$ 31,788	$ 17,004	$ 137,981
US Federal [Member]
Income Tax Contingency [Line Items]
Total tax paid	(1,480)
US State and local [Member]
Income Tax Contingency [Line Items]
Total tax paid	627
US State and local [Member] \| California [Member]
Income Tax Contingency [Line Items]
Total tax paid	2,400
US State and local [Member] \| Other [Member]
Income Tax Contingency [Line Items]
Total tax paid	(293)
Foreign [Member] \| Israel [Member]
Income Tax Contingency [Line Items]
Total tax paid	25,401
Foreign [Member] \| Korea [Member]
Income Tax Contingency [Line Items]
Total tax paid	2,575
Foreign [Member] \| Other [Member]
Income Tax Contingency [Line Items]
Total tax paid	$ 3,185

FINANCIAL INCOME (EXPENSE), NET (Tables)

12 Months Ended

Dec. 31, 2025

Nonoperating Income (Expense) [Abstract]

Schedule of Financial Expenses (Income), Net

	Year ended December 31,
	2025			2024			2023
Exchange rate (loss) gain, net	$	(66,374	)	$	(13,513	)	$	24,181
Interest income on marketable securities		5,660			17,893			25,668
Allowance for credit losses allocated to loan receivables		7,922			(17,528	)		(144	)
Convertible note		(10,321	)		(6,926	)		(2,930	)
Hedging		(2,967	)		802			2,337
Financing component expenses related to ASC 606		(14,522	)		(11,805	)		(9,773	)
Interest income		10,777			16,427			7,494
Interest expense		(1,376	)		(1,156	)		(1,269	)
Other		(798	)		1,236			(4,352	)
Total financial income (expenses), net	$	(71,999	)	$	(14,570	)	$	41,212

STOCK CAPITAL

12 Months Ended

Dec. 31, 2025

Share-based Payment Arrangement [Abstract]

STOCK CAPITAL

NOTE 19: STOCK CAPITAL

a.	Common stock rights:

Common stock confers upon its holders the right to receive notice of, and to participate in, all general meetings of the Company, where each share of common stock shall have one vote for all purposes, to share equally, on a per share basis, in bonuses, profits, or distributions out of fund legally available therefor, and to participate in the distribution of the surplus assets of the Company in the event of liquidation of the Company.

b.	Equity Incentive Plans:

The Company’s Amended and Restated 2015 Global Incentive Plan (the “2015 Plan”) became effective upon the consummation of the Company's IPO and expired on March 25, 2025. The 2015 Plan provides for the grant of options, RSU, PSU, and other stock-based awards to directors, employees, officers, and non-employees of the Company and its subsidiaries. As of December 31, 2025, a total of 26,648,950 shares of common stock were reserved for issuance pursuant to stock awards under the 2015 Plan (the “Share Reserve”), an aggregate of 12,097,577 shares are still available for future grants.

Under its 2015 Plan, the Company granted PSU awards to certain employees and officers which vest upon the achievement of certain performance or market conditions subject to their continued employment with the Company.

The market condition for the PSUs is based on the Company’s TSR compared to the TSR of companies listed in the S&P 500 index over a one to three year performance period. Additionally, the Company granted PSUs, based on the average trading price of the Company’s common stock based on the 30-Day Price, over a three year performance period, which are expected to vest if certain 30-Day Price levels are met. The Company uses a Monte-Carlo simulation to determine the grant date fair value for these awards, which takes into consideration the market price of a share of the Company’s common stock on the date of grant less the present value of dividends expected during the requisite service period, as well as the possible outcomes pertaining to the TSR market condition. The Company recognizes such compensation expenses on an accelerated vesting method.

The aggregate maximum number of shares of common stock that may be issued on the exercise of incentive stock options is 10,000,000. As of March 25, 2025, the tenth anniversary of our 2015 Plan, we are no longer able to grant incentive stock options.

A summary of the activity in stock options and related information is as follows:

	Number of options			Weighted average exercise price		Weighted average remaining contractual term in years		Aggregate intrinsic Value
Outstanding as of December 31, 2022		339,029		$	50.64		4.86	$	79,414
Exercised		(21,613	)		10.48		-		3,572
Outstanding as of December 31, 2023		317,416		$	53.38		4.05	$	17,366
Vested and expected to vest as of December 31, 2023		317,166		$	53.24		4.05	$	17,366
Exercisable as of December 31, 2023		307,719		$	47.70		3.97	$	17,366

Outstanding as of December 31, 2023		317,416		$	53.38		4.05	$	17,366
Exercised		(33,331	)		5.18		-		750
Forfeited or expired		(666	)		3.96		-		-
Outstanding as of December 31, 2024		283,419		$	59.16		3.42	$	17
Vested and expected to vest as of December 31, 2024		283,382		$	59.13		3.44	$	17
Exercisable as of December 31, 2024		282,196		$	58.07		3.43	$	17

Outstanding as of December 31, 2024		283,419		$	59.16		3.42	$	17
Exercised		(10,400	)		21.23		-		25
Forfeited or expired		(81,832	)		86.86		-		-
Outstanding as of December 31, 2025		191,187		$	49.37		1.40	$	950
Vested and expected to vest as of December 31, 2025		191,187		$	49.37		1.40	$	950
Exercisable as of December 31, 2025		191,187		$	49.37		1.40	$	950

The intrinsic value is the amount by which the closing price of the Company’s common stock on December 31, 2025 or the price on the day of exercise exceeds the exercise price of the stock options multiplied by the number of in-the-money options.

A summary of the activity in the RSUs and PSUs and related information is as follows:

	RSU					PSU
	Number of Shares Outstanding			Weighted average grant date fair value		Number of Shares Outstanding			Weighted average grant date fair value
Unvested as of January 1, 2023		1,488,515		$	232.05		149,232		$	295.88
Granted		1,138,764			134.44		32,348			314.22
Vested		(661,967	)		198.16		(107,165	)		296.76
Forfeited		(105,026	)		253.80		-			-
Unvested as of December 31, 2023		1,860,286			182.52		74,415			302.58
Granted		2,737,530			34.62		292,932			31.46
Vested		(749,031	)		173.07		(14,543	)		298.92
Forfeited		(453,438	)		143.44		(18,550	)		259.59
Unvested as of December 31, 2024		3,395,347			70.62		334,254			67.52
Granted		2,656,364			17.69		777,237			6.39
Vested		(1,327,121	)		75.13		-			-
Forfeited		(899,816	)		63.30		(270,004	)		58.35
Unvested as of December 31, 2025		3,824,774		$	34.02		841,487		$	14.00

c.	Employee Stock Purchase Plan:

The Company adopted an ESPP effective upon the consummation of the IPO. As of December 31, 2025, a total of 5,125,666 shares were reserved for issuance under this plan.

The ESPP is implemented through an offering every six months. According to the ESPP, eligible employees may use up to 15% of their salaries to purchase common stock up to an aggregate limit of $15 per participant for every six months plan. The price of an ordinary share purchased under the ESPP is equal to 85% of the lower of the fair market value of the ordinary share on the subscription date of each offering period or on the purchase date.

As of December 31, 2025, 2,793,819 shares of common stock had been purchased under the ESPP.

As of December 31, 2025, 2,331,847 shares of common stock were available for future issuance under the ESPP.

In accordance with ASC No. 718, the ESPP is compensatory and, as such, results in recognition of compensation cost.

d.	Stock-based compensation expenses:

The Company recognized stock-based compensation expenses related to all stock-based awards in the consolidated statement of income (loss) for the years ended December 31, 2025, 2024 and 2023, as follows:

	Year ended December 31,
	2025		2024		2023
Stock-based compensation expenses:
Cost of revenues	$	16,022	$	21,952	$	23,200
Research and development		44,890		62,546		66,944
Sales and marketing		17,730		27,328		30,987
General and administrative		13,903		25,425		28,814
Total stock-based compensation expenses	$	92,545	$	137,251	$	149,945

Stock-based compensation capitalized:
Inventory	$	1,693	$	3,100	$	2,460
Other long-term assets		1,356		1,926		1,666
Total stock-based compensation capitalized	$	3,049	$	5,026	$	4,126

For the years ended December 31, 2025 and 2024, no amounts were recorded in regard to tax benefits associated with share-based compensation.

The total tax benefits associated with share-based compensation for the year ended December 31, 2023 was $27,551. The tax benefit realized from share-based compensation for the year ended December 31, 2023 was $8,866.

As of December 31, 2025, there were total unrecognized compensation expenses in the amount of $130,614 related to non-vested equity-based compensation arrangements granted. These expenses are expected to be recognized during the period from January 1, 2026 through December 31, 2029.

f. Repurchase of Common Stock:

On November 1, 2023, the Company announced that the Company's Board of Directors approved a share repurchase program which authorizes the repurchase of up to $300,000 of the Company’s common stock. Under the share repurchase program, repurchases can be made using a variety of methods, which may include open market purchases, block trades, privately negotiated transactions, accelerated share repurchase programs and/or a non-discretionary trading plan or other means, including through 10b5-1 trading plans, all in compliance with the rules of the SEC and other applicable legal requirements. The timing, manner, price and amount of any common share repurchases under the share repurchase program are determined by the Company in its discretion and depend on a variety of factors, including legal requirements, price and economic and market conditions.

During year ended December 31, 2024, the Company repurchased 753,364 shares of common stock from the open market at an average cost of $66.63 per share for a total of $50,194

The share repurchase program expired on December 31, 2024.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The consolidated financial statements are prepared according to United States generally accepted accounting principles (“U.S. GAAP”).

a. Principles of consolidation:

The consolidated financial statements include the accounts of the Company. Intercompany transactions and balances including profit from intercompany sales not yet realized outside the Company have been eliminated upon consolidation.

b. Use of estimates:

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, costs and expenses, government grants, income taxes and related disclosures in the accompanying notes. Actual results could differ from those estimates.

In preparing the Company’s consolidated financial statements, management considered the economic implications of inflation, geopolitical developments, including the conflict in Israel, currency fluctuation, and our ability to benefit from certain tax credits, in evaluating assumptions used in key accounting estimates. These factors were considered in assessing assets recoverability, inventory valuation and warranty obligations. Actual results could differ from those estimates.

c. Financial statements in U.S. dollars:

A major part of the Company’s operations is carried out in the United States, Israel, and certain other countries. The functional currency of these entities is the U.S. dollar. Financing activities, including cash investments are primarily made in U.S. dollars.

Accordingly, monetary accounts maintained in currencies other than the U.S. dollar are translated into U.S. dollars in accordance with Financial Accounting Standards Board Accounting Standards Codification (“ASC”) No. 830 “Foreign Currency Matters”. All transaction gains and losses of the re-measurement of monetary balance sheet items are reflected in the consolidated statements of income (loss) as financial income or expenses, as appropriate.

The financial statements of other Company’s subsidiaries whose functional currency is other than the U.S. dollar have been translated into U.S dollars. Assets and liabilities have been translated using the exchange rates in effect as of the balance sheet date. Consolidated statements of income (loss) amounts have been translated using the date of the transaction or at the average exchange rate for the relevant period.

The resulting translation adjustments are reported as a component of stockholders’ equity in accumulated other comprehensive loss. Gains and losses arising from intercompany foreign currency transactions that are of a long-term investment in nature are reported in the same manner as translation adjustments.

In the year ended December 31, 2025, upon the substantial completion of the liquidation of a foreign operation, the cumulative foreign currency translation adjustments related to that operation are reclassified from accumulated other comprehensive loss and recognized in finance income (expense), net in the consolidated statement of income (loss). The reclassification resulted in a charge of $58,916.

d. Cash and cash equivalents:

Cash equivalents are short-term, highly liquid investments that are readily convertible to cash, with original maturities of three months or less at the date acquired.

e. Restricted cash

Restricted cash represents cash, held as certificates of deposit that are collateralized under a letter of credit, issued to customers and vendors. The letters of credit are required as a performance security, with a face amount equal to the aggregate purchase price of an executed sales agreement. The letters of credit were issued per the terms of the executed sales and purchasing agreements and the Company has collateralized certificates of deposit under these letters of credit in an aggregated amount of $84,771 and $135,328, which is reflected as restricted cash on the Company’s consolidated balance sheet as of December 31, 2025 and 2024, respectively.

f. Restricted bank deposits:

Short-term restricted bank deposits possess an original maturity of more than three months and less than a year from the date of investment. Long-term restricted bank deposits possess an original maturity of more than one year from the date of investment. Restricted bank deposits are primarily used as collateral for the Company's office leases and credit cards.

g. Marketable Securities:

Marketable securities consist of corporate and governmental bonds. The Company determines the appropriate classification of marketable securities at the time of purchase and re-evaluates such designation at each balance sheet date. In accordance with FASB ASC No. 320 “Investments - Debt and Equity Securities”, the Company classifies marketable securities as available-for-sale.

Available-for-sale ("AFS") securities are stated at fair value, with unrealized gains and losses reported in accumulated other comprehensive loss, a separate component of stockholders’ equity, net of taxes. Realized gains and losses on sales of marketable securities, as determined on a specific identification basis, are included in other income (loss), net, on the consolidated statements of income (loss). The amortized cost of marketable securities is adjusted for amortization of premium and accretion of discount to maturity, both of which, together with interest, are included in financial income (expenses), net.

The Company classifies its marketable securities as either short-term or long-term based on each instrument’s underlying contractual maturity date. Marketable securities with maturities of 12 months or less are classified as short-term and marketable securities with maturities greater than 12 months are classified as long-term.

On each reporting period, the Company evaluates whether declines in fair value below carrying value are due to expected credit losses, as well as the ability and intent to hold the investment until a forecasted recovery occurs, in accordance with ASC 326. Allowance for credit losses on AFS debt securities are recognized as a charge in financial income (expenses), net, on the consolidated statements of income (loss), and any remaining unrealized losses, net of taxes, are included in accumulated other comprehensive loss in stockholders' equity.

The Company has not recorded credit losses on AFS debt securities for the years ended December 31, 2025, 2024 and 2023.

h. Investment in privately-held companies:

The Company's equity investments are investments in equity securities of privately-held companies, that are not traded and therefore not supported with observable market prices. The Company elected to account for its equity investments without readily determinable market values that either (i) do not meet the definition of in-substance common stock or (ii) do not provide the Company with control or significant influence, using Accounting Standards Update (“ASU”) 2016-01.

The Company accounts for equity investments through which it exercise significant influence but do not have control over the investee under the equity method. Under this method, the investment, which was initially recorded at cost, is adjusted to recognize the Company’s share of net earnings or losses of the investee as they occur, rather than when dividends or other distributions are received.

The Company adjusts the carrying value of its investments to fair value upon observable transactions for identical or similar investments of the same issuer.

The Company periodically evaluates the carrying value of its investments in privately-held companies, when events and circumstances indicate that the carrying amount of the investment may not be recovered. The maximum loss the Company can incur for its investments is their carrying value.

The Company may determine the fair value by reviewing equity valuation reports, current financial results, long-term plans of the privately-held companies, the amount of cash that the privately-held companies have on-hand, the ability to obtain additional financing and overall market conditions in which the privately-held companies operate or based on the price observed from the most recent completed financing.

All gains and losses, whether due to an impairment or revaluation, on investments in privately-held companies, realized and unrealized, are recognized in other income (loss), net.

i. Trade receivables:

Trade receivables are stated net of credit losses allowance. The Company is exposed to credit losses primarily through sales of products. The allowance against trade receivables reflects the current expected credit loss inherent in the receivables portfolio determined based on the Company’s methodology. The Company’s methodology is based on historical collection experience, customer creditworthiness, current and future economic condition and market condition. Additionally, specific allowance amounts are established to record the appropriate provision for customers that have a higher probability of default. Trade receivables are written off after all reasonable means to collect the full amount have been exhausted.

The following table provides a roll-forward of the allowance for credit losses that is deducted from the amortized cost basis of trade receivables to present the net amount expected to be collected:

	As of December 31,
	2025			2024
Balance, at the beginning of the period	$	43,038		$	16,400
Increase in provision for expected credit losses		7,784			33,799
Recoveries collected		(26,347	)		(5,809	)
Amounts written off charged against the allowance		(9,363	)		(66	)
Foreign currency translation		2,112			(1,286	)
Balance, at the end of the period	$	17,224		$	43,038

j. Loan receivables:

Loan receivables are carried at the outstanding principal amount. An allowance for credit loss on loan receivables is established when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. The Company determines this by considering several factors, including the credit risk and current financial condition of the borrower, the borrower’s ability to pay current obligations, historical trends, and economic and market conditions. The Company performs a credit quality assessment on the loan receivable on a quarterly basis and reviews the need for an allowance in accordance with ASC 326. The Company evaluates the extent and impact of any credit deterioration that could affect the performance and the value of the secured property, as well as the financial and operating capability of the borrower. Changes in provision for credit loss is recorded under financial income (expense), net.

The loan repayments are expected per the contractual terms of the loan agreement. The loan is measured at its amortized cost and is subjected to the Company's credit risk policy. The loans bear interest that represents market interest rate.

As of December 31, 2025 and December 31, 2024, the Company's provision for credit loss was $9,751 and $17,672, respectively.

As of December 31, 2025, the loans were presented under prepaid expenses and other current assets on the consolidated balance sheets.

As of December 31, 2024, the loans were presented under other long-term assets on the consolidated balance sheets.

Interest income is recorded on an accrual basis at the stated interest rate and is recorded in financial income (expense), net, in the accompanying consolidated statements of income (loss).

k. Inventories:

Inventories are stated at the lower of cost or net realizable value. Cost includes depreciation, labor, material, shipment and overhead costs. Inventory reserves are provided to cover risks arising from slow-moving, excess inventory items and technological obsolescence. The Company periodically evaluates the quantities on hand relative to historical, current, and projected sales volume. Based on this evaluation, an impairment charge is recorded when required to write-down inventory to its net realizable value. Cost of finished goods and raw materials is determined using the moving average cost method (see Note 5).

l. Property, plant and equipment:

Property, plant, and equipment are stated at cost, net of accumulated depreciation and government grants. Assets under construction represent the construction or development stage of property and equipment that have not yet been placed in service for the Company's intended use. Depreciation is calculated by the straight-line method over the estimated useful life of the assets, at the following rates:

		%
Buildings and plants		5.7
Computers and peripheral equipment		14.3-33 (mainly 14.3)
Office furniture and equipment		7-20 (mainly 7)
Machinery and equipment		10-20 (mainly 10)
Laboratory and testing equipment		15-20 (mainly 15)
Leasehold improvements		over the shorter of the lease term or useful economic life

m. Government assistance

Advanced manufacturing production tax credits

In August 2022, the U.S. government enacted the Inflation Reduction Act of 2022 (“IRA”), which includes several incentives intended to accelerate U.S. manufacturing and adoption of clean energy, battery and energy storage, electrical vehicles, and other solar products, and therefore impacts our business and operations, along with the overall U.S. solar market. As part of such incentives, the IRA, among other things, extended the investment tax credits ITC through 2034 and was therefore expected to increase the demand for solar products. The IRA further incentivizes residential and commercial solar customers and developers by providing significant tax credits for qualifying energy projects. In July 2025, the U.S. government enacted the H.R.1 that shortened the ITC credits. The IRA further provides Advanced Manufacturing Production Tax Credits (“AMPTCs”) for U.S. manufacturing of eligible components (under IRC §45X), including PV inverters and DC-optimized systems. The duration of this credit was not impacted by H.R.1. H.R.1 introduced new Foreign Entity of Concern (“FEOC”) requirements for Sections 45X, 45Y, and 48E of the Code. These restrictions require threshold percentages of non FEOC components that increase over time, beginning January 1, 2026. Currently, the Company manufactures components that help our customers meet their non-FEOC percentage requirements. The Company has been manufacturing eligible products in the U.S. since the fourth quarter of 2023. In addition to using the tax credits to offset tax due to the U.S. government, the IRA allows taxpayers to elect to have AMPTCs refunded in cash ("Direct Pay") or sell these credits to a third party. The Direct Pay option is available as a one-time election, in any taxable year after December 31, 2022, for a facility in which eligible components are produced, and is applicable for five years. In 2025 the Company sold to third parties a significant part of the AMPTCs it generated from the U.S. production of eligible components.

Refundable and transferable tax credits are similar in essence to government grants. This is because the taxpayer can realize the benefit regardless of whether they owe income tax or not in the relevant years. Therefore, these amounts are not considered income taxes and fall outside the scope of Topic 740. Instead, they are treated as government grants.

Government grants are recognized when there is reasonable assurance that: (1) the Company will comply with the relevant conditions and (2) the grant disbursement will be received. The Company recognizes AMPTCs as a reduction in the cost of revenues in the consolidated statement of income (loss). The Company does this systematically over time as it recognizes the related expenses. The AMPTCs are also reflected in the consolidated balance sheet, according to the way the Company expects to utilize them: as a reduction of income tax payable within accrued expenses and other liabilities, as a tax prepayment, or, if AMPTCs are to be sold, within prepayment and other assets.

Property, plant and equipment

In November 2024, following the announced discontinuation of SolarEdge Korea, the Company was required to return approximately $10,000 in subsidies granted to date. The Company recorded an accrual under accrued expenses and other current liabilities in the consolidated balance sheets.

In 2025 the Company settled and repaid $6,643.

n. Leases:

The Company determines if an arrangement is a lease at inception. Contracts containing a lease are further evaluated for classification as an operating or finance lease. In determining the leases classification the Company assesses among other criteria: (i) The lease term is for a major part of the remaining economic life of the underlying asset (ii) The present value of the sum of the lease payments and any residual value guaranteed by the lessee that is not already included in the lease payments equals or exceeds substantially all of the fair value of the underlying asset. Operating leases are included in operating lease right-of-use (“ROU”) assets, other current liabilities and long-term operating lease liabilities in the Company’s consolidated balance sheets. Finance leases are included in property, plant and equipment, net, other current liabilities, and long-term finance lease liabilities in the Company’s consolidated balance sheets. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. For leases with terms greater than 12 months, the Company records the ROU asset and liability at commencement date based on the present value of lease payments according to their term. Certain lease agreements include rental payments that are adjusted periodically for the consumer price index ("CPI"). The ROU and lease liability were calculated using the CPI as of the adoption date and will not be subsequently adjusted, unless the liability is reassessed for other reasons.

The Company uses incremental borrowing rates based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. The ROU asset also includes any lease payments made and net of lease incentives. Lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Lease expenses are recognized on a straight-line basis over the lease term or the useful life of the leased asset.

In addition, the carrying amount of the ROU and lease liabilities are remeasured if there is a modification, a change in the lease term, a change in the in-substance fixed lease payments or a change in the assessment to purchase the underlying asset. Upon modification of a lease, the Company reassesses, as of the effective date of the modification, whether the lease is classified as a finance lease or an operating lease in accordance with ASC 842.

The Company also elected the practical expedient to not separate lease and non-lease components for all its leases.

o. Business Combination:

The Company allocates the fair value of the purchase price to the tangible assets acquired, liabilities assumed and intangible assets acquired based on their estimated fair value. The excess of the fair value of the purchase price over the fair values of these identifiable assets and liabilities is recorded as goodwill. Such valuations require management to make significant estimates and assumptions, especially with respect to intangible assets.

Significant estimates in valuing certain intangible assets include, but are not limited to, future expected cash flows from acquired technology and discount rates. Management’s estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates. During the measurement period, which does not exceed one year from the acquisition date, the Company may record adjustments to the assets acquired and liabilities assumed, with the corresponding offset to goodwill. Upon the finalization of the measurement period, any subsequent adjustments are recorded to earnings.

p. Intangible Assets:

Acquired identifiable finite-lived intangible assets are amortized on a straight-line basis over the estimated useful lives of the assets. The basis of amortization approximates the pattern in which the assets are utilized, over their estimated useful lives. The Company routinely reviews the remaining estimated useful lives of finite-lived intangible assets. In case the Company reduces the estimated useful life for any asset, the remaining unamortized balance is amortized over the revised estimated useful life (see Note 9).

Amortization is calculated by the straight-line method over the estimated useful life of the assets, at the following rates:

		%
Current technology		14.3-20 (mainly 20)
Trade names		20-50 (mainly 20)
Patents		9.5-10 (mainly 9.5)

q. Impairment of long-lived assets:

The Company’s long-lived assets to be held and used, including property, plants and equipment, ROU assets and identifiable intangible assets, other than goodwill, are reviewed for impairment in accordance with ASC 360 “Property, Plants and Equipment”, whenever events or changes in circumstances indicate that the carrying amount of an asset (or asset group) may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset (or asset group) to the future undiscounted cash flows expected to be generated by the assets (or asset group). If such evaluation indicates that the carrying amount of the asset (or asset group) is not recoverable, the assets are considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the assets exceeds their fair value (see Note 9).

For the years ended December 31, 2025, 2024 and 2023, the Company recorded impairment charges of long-lived assets in the amount of $5,998, $249,588 and $30,790, respectively, presented under Other operating expenses, net.

r. Goodwill:

Goodwill reflects the excess of the consideration transferred, including the fair value of any contingent consideration and any non-controlling interest in the acquiree, over the assigned fair values of the identifiable net assets acquired. Goodwill is not amortized, and is assigned to reporting units and tested for impairment at least on an annual basis, in the fourth quarter of the fiscal year.

The goodwill impairment test is performed according to the following principles:

(1) An initial qualitative assessment may be performed to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount.

(2) If the Company concludes it is more likely than not that the fair value of the reporting unit is less than its carrying amount, a quantitative impairment test is performed. An impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value is recognized (see Note 10).

Starting January 1, 2025, the Company operates as one reporting unit.

For the year ended December 31, 2025, the Company did not record any goodwill impairment charges.

For the year ended December 31, 2024, the Company recorded impairment charges of goodwill in the amount of $2,251.

For the year ended December 31, 2023, the Company did not record any goodwill impairment charges.

s. Cloud computing arrangements:

In 2021, due to the growing size and complexity of the Company, the Company decided to implement a new global enterprise resource planning ("ERP") system, which will replace the Company's existing operating and financial systems. During 2022, the Company began implementing a cloud-based ERP system. The Company has substantially completed the implementation of its new ERP system during the fiscal quarter ended June 30, 2025. The Company is performing post-implementation activities. The implementation is intended to enhance user access controls and automate certain accounting, back-office and reporting processes. The Company expects the new system to reduce reliance on manual processes upon full deployment.

The Company incurs costs to implement cloud computing arrangements (“CCA”) that are hosted by third party vendors. Implementation costs associated with CCA are capitalized when incurred during the application development phase until the software is ready for its intended use. The costs are then amortized on a straight-line basis over the contractual term of the cloud computing arrangement and are recognized as an operating expense within the consolidated statements of income (loss). Capitalized amounts related to such arrangements are recorded within other long-term assets and prepaid expenses and other current assets in the consolidated balance sheets. Cash payments for CCA implementation costs are classified as cash used in operating activities.

As of December 31, 2025, and 2024 the gross capitalized implementation costs related to the Company's ERP conversion, amounts to $48,060 and $29,366, respectively. Amortization of the implementation costs began on July 1, 2025, the date the software was ready for its intended use.

For the year ended December 31, 2025, the Company commenced amortization of the CCA and recognized $3,363 in related amortization expense.

t. Severance pay:

The employees of the Company’s Israeli Subsidiary are included under Section 14 of the Severance Pay Law, 1963, under which these employees are entitled only to monthly deposits made in their name with insurance companies, at a rate of 8.33% of their monthly salary. These payments cause the Company to be released from any future obligation under the Israeli Severance Pay Law to make severance payments in respect of those employees; therefore, related assets and liabilities are not presented in the consolidated balance sheets.

If applicable, severance costs are recorded in each entity in accordance with local laws and regulations.

For the years ended December 31, 2025, 2024 and 2023, the Company recorded $16,378, $21,959 and $23,643 in severance expenses related to its employees, respectively.

u. Derivatives and Hedging:

The Company accounts for derivatives and hedging based on ASC 815 (“Derivatives and Hedging”). ASC 815 requires the Company to recognize all derivatives on the balance sheet at fair value. The accounting for changes in the fair value (i.e., gains or losses) of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship and further, on the type of hedging relationship.

To protect against the increase in value of forecasted foreign currency cash flows resulting from salary denominated in the Israeli currency, NIS, during the year ended December 31, 2025, the Company instituted a foreign currency cash flow hedging program whereby portions of the anticipated payroll denominated in NIS for a period of one to nine months with hedging contracts.

Accordingly, when the dollar strengthens against the NIS, the decline in present value of future foreign currency expenses is offset by losses in the fair value of the hedging contracts. Conversely, when the dollar weakens, the increase in the present value of future foreign currency cash flows is offset by gains in the fair value of the hedging contracts. These hedging contracts are designated as cash flow hedges, as defined by ASC 815 and are all effective hedges.

The Company also entered into derivative instrument arrangements to hedge the Company’s exposure to currencies other than the U.S. dollar. These derivative instruments are not designated as cash flow hedges, as defined by ASC 815, and therefore all gains and losses, resulting from fair value remeasurement, were recorded immediately in the statement of income (loss), as a financial income (expense), net.

The Company classifies cash flows related to its hedging as operating activities in its consolidated statement of cash flows.

v. Revenue recognition:

Revenues are recognized in accordance with ASC 606; revenue from contracts with customers is recognized when control of the promised goods or services is transferred to the customers, in an amount that the Company expects in exchange for those goods or services.

The Company’s products and services consist mainly of (i) power optimizers, (ii) inverters, (iii) batteries, (iv) a related cloud-based monitoring platform, (v) communication services, and (vi) warranty extension services.

The Company recognizes revenue under the core principle that transfer of control to the Company’s customers should be depicted in an amount reflecting the consideration the Company expects to receive in revenue.

In order to achieve this core principle, the Company applies the following five-step approach: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when the performance obligation is satisfied.

(1) Identify the contract with a customer

A contract is an agreement or purchase order between two or more parties that creates enforceable rights and obligations. In evaluating the contract, the Company analyzes the customer’s intent and ability to pay the amount of promised consideration (credit risk) and considers the probability of collecting substantially all of the consideration.

The Company determines whether collectability is reasonably assured on a customer-by-customer basis pursuant to its credit review policy. The Company typically sells to customers with whom it has a long-term business relationship and a history of successful collection. For a new customer, or when an existing customer substantially expands its commitments, the Company evaluates the customer’s financial position, the number of years the customer has been in business, the history of collection with the customer, and the customer’s ability to pay, and typically assigns a credit limit based on that review.

(2) Identify the performance obligations in the contract

At a contract’s inception, the Company assesses the goods or services promised in a contract with a customer and identifies the performance obligations. The main performance obligations are the provisions of the following: providing of the Company’s products; cloud based monitoring services; extended warranty services and communication services. Depending on the shipping terms agreed with the customer, the Company may perform shipping and handling activities after the customer obtains control of the goods and revenue is recognized. The Company has elected to account for shipping and handling costs as activities to fulfill the promise to transfer the goods. As a result of this accounting policy election, the Company does not consider shipping and handling activities after the customer obtains control of the goods as promised services to its customers.

(3) Determine the transaction price

The transaction price is the amount of consideration to which the Company is entitled in exchange for transferring promised goods or services to a customer, excluding amounts collected on behalf of third parties (e.g., sales tax and other indirect taxes). Generally, the Company does not provide price protection, stock rotation, and/or right of return. The Company determines the transaction price for all satisfied and unsatisfied performance obligations identified in the contract from contract inception to the beginning of the earliest period presented.

Rebates or discounts on goods or services are accounted for as variable consideration. Provisions for rebates, sales incentives and discounts to customers are accounted for as reductions in revenue in the same period the related sales are recorded.

Accrual for rebates for direct customers is presented net of trade receivables. Accrual for sale incentives related to non-direct customers is presented under accrued expenses and other current liabilities. The Company accrued $83,882 and $53,026 for rebates and sales incentives as of December 31, 2025 and December 31, 2024, respectively.

The Company has elected to apply the practical expedient to not evaluate payment terms of one year or less for the existence of a significant financing component.

When a contract provides a customer with payment terms of more than a year, the Company considers whether those terms create variability in the transaction price and whether a significant financing component exists.

As of December 31, 2025, the Company has not provided payment terms of more than a year.

The performance obligations that extend for a period greater than one year are those that include a financial component: (i) warranty extension services, (ii) cloud-based monitoring, and (iii) communication services. The Company recognizes financing component expenses in its consolidated statement of income (loss) in relation to advance payments for performance obligations that extend for a period greater than one year. These financing component expenses are reflected in the Company’s deferred revenues balance.

(4) Allocate the transaction price to the performance obligations in the contract

The Company performs an allocation of the transaction price to each separate performance obligation, in proportion to their relative standalone selling prices. When a standalone selling price is not directly observable, the Company estimates it using the expected cost‑plus‑margin approach.

(5) Recognize revenue when a performance obligation is satisfied

Revenue is recognized when or as performance obligations are satisfied by transferring control of a promised good or service to a customer. Control either transfers over time or at a point in time, which affects when revenue is recorded.

Revenues from sales of products are recognized based on the transfer of control, which includes but is not limited to, the agreed International Commercial terms, or “INCOTERMS”. Revenues related to cloud-based monitoring, extended warranty services, communication services and other services are recognized over time on a straight-line basis since these services have a consistent continuous pattern of transfer to a customer during the contract period.

Billed accounts receivable include all outstanding invoices to customers, as well as amounts allowed to be billed according to contractual billing terms with customers.

Deferred revenues and advances from customers consist of deferred cloud-based monitoring, extended warranty services, communication services, other services and advance payments received from customers for the Company’s products. Deferred revenues and advances from customers are classified as short-term and long-term deferred revenues and advances from customers based on the period in which revenues are expected to be recognized (see Note 15).

w. Cost of revenues:

Cost of revenues includes the following: product costs consisting of purchases from contract manufacturers and other suppliers, direct and indirect manufacturing costs, shipping and handling, support, warranty expenses, provision for losses related to slow moving and dead inventory, personnel and government grants related to the AMPTCs.

Shipping, handling and warehouse costs, which amounted to $63,385, $79,534 and $214,349, for the years ended December 31, 2025, 2024 and 2023, respectively, are included in the cost of revenues in the consolidated statements of income (loss). Shipping, handling and warehouse costs include custom tariff charges and all other costs associated with the distribution of finished goods from the Company’s point of sale directly to its customers.

Shipping, handling and warehouse costs incurred prior to the point of sale that are directly attributable to bringing inventory to its present location and condition are capitalized as part of inventory. These costs are subsequently recognized in cost of revenues upon sale of the related inventory.

x. Warranty obligations:

The Company provides a product warranty for its products as follows: a standard 10-year limited warranty for its batteries, a standard 12-year limited warranty for the majority of its inverters, that is extendable up to 25 years for an additional cost, and a 25-year limited warranty for power optimizers.

The Company maintains reserves to cover the expected costs that could result from the standard warranty. The warranty liability is in the form of product replacement and associated costs. Warranty reserves are based on the Company’s best estimate of such costs and are included in cost of revenues. The reserve for the related warranty expenses is based on various factors including assumptions about the frequency of warranty claims on product failures, derived from results of accelerated lab testing, field monitoring, analysis of the history of product field failures, and the Company’s reliability estimates.

The Company has established a reliability measurement system based on the units’ estimated mean time between failure, or MTBF, a metric that equates to a steady-state failure rate per year for each product generation. The MTBF predicts the expected failure rate of each product within the Company's products installed base during the expected product warranted lifetime.

The Company performs accelerated life cycle testing, which simulates the service life of the product in a short period of time. The accelerated life cycle tests incorporate test methodologies derived from standard tests used by solar module vendors to evaluate the period over which solar modules wear out. Corresponding replacement costs are updated periodically to reflect changes in the Company’s actual and estimated production costs for its products, rate of usage of refurbished units as a replacement of faulty units, and other costs related to logistic and subcontractors’ services associated with the replacement products.

In addition, through the collection of actual field failure statistics, the Company has identified several additional failure causes that are not included in the MTBF model. Such causes, which mostly consist of design errors, workmanship errors caused during the manufacturing process and, to a lesser extent, replacement of non-faulty units by installers, result in generating additional replacement costs to the replacement costs projected under the MTBF model.

Warranty obligations are classified as short-term and long-term obligations based on the period in which the warranty is expected to be claimed.

y. Advertising costs

Advertising costs are expensed when incurred and are included in sales and marketing expenses in the consolidated statements of income (loss). The Company incurred advertising expenses of $10,270, $12,015, and $13,476 for the years ended December 31, 2025, 2024, and 2023, respectively.

z. Research and development costs:

Research and development costs, are charged to the consolidated statement of income (loss) as incurred.

aa. Concentrations of credit risks:

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, restricted cash, restricted bank deposits, marketable securities, trade receivables, loan receivables, derivative instruments and other accounts receivable.

Cash and cash equivalents, restricted cash and restricted bank deposits are mainly invested in major banks in the U.S., Israel, Germany, Italy and Korea. Management believes that the financial institutions that hold the Company’s investments are financially sound and, accordingly, minimal credit risk exists with respect to these investments.

The Company's debt marketable securities include investments in high-rated corporate debentures (located mainly in the U.S.) and governmental bonds. The financial institutions that hold the Company's debt marketable securities are major financial institutions located in the United States. The Company believes its debt marketable securities portfolio is a diverse portfolio of highly-rated securities and the Company's investment policy limits the amount the Company may invest in an issuer (see Note 2g).

The trade receivables of the Company derive from sales to customers located primarily in the United States and Europe.

The Company performs ongoing credit evaluations of its customers for the purpose of determining the appropriate allowance for credit losses (see Note 2i). The Company generally does not require collaterals, however, in certain circumstances, the Company may require letters of credit, other collateral, or additional guarantees. From time to time, the Company may purchase trade credit insurance.

The Company had one major customer (customers with attributable revenues that represent more than 10% of the Company's total revenues) for the year ended December 31, 2025, one major customer for the year ended December 31, 2024, and two major customers for the year ended December 31, 2023 that accounted for approximately 18.6%, 12.9% and 24.0% of the Company’s consolidated revenues, respectively. For the years ended December 31, 2024 and December 31, 2023, revenues from these customers were generated in the solar segment.

The Company had three major customers (customer with a balance that represents more than 10% of total trade receivables, net) as of December 31, 2025 and as of December 31, 2024 that accounted in the aggregate for approximately 45.5% and 43.4%, of the Company’s consolidated trade receivables, net, respectively.

ab. Concentrations of supply risks:

The Company depends on certain contract manufacturers and several limited or single source component suppliers. Reliance on these vendors makes the Company vulnerable to possible capacity constraints and reduced control over component availability, delivery schedules, manufacturing yields, and costs.

As of December 31, 2025 and 2024, two contract manufacturers accounted for 50.7% and 43.4% of the Company’s total trade payables, respectively.

The Company's own manufacturing facility, Sella 1, is located in the North of Israel.

ac. Fair value of financial instruments:

The following methods and assumptions were used by the Company in estimating the fair value of its financial instruments:

The carrying value of cash and cash equivalents, restricted cash, short-term bank deposits, restricted bank deposits, trade receivables, net, prepaid expenses and other current assets, loan receivables, trade payables, employee and payroll accruals and accrued expenses and other current liabilities approximate their fair values due to the short-term maturities of such instruments.

Assets measured at fair value on a recurring basis as of December 31, 2025 and December 31, 2024 are comprised of money market funds, derivative instruments and marketable securities (see Note 13).

The Company applies ASC 820 “Fair Value Measurements and Disclosures”, with respect to fair value measurements of all financial assets and liabilities. Fair value is an exit price, representing the amount that would be received for the sale of an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or a liability.

A three-tiered fair value hierarchy is established as a basis for considering such assumptions and for inputs used in the valuation methodologies in measuring fair value:

Level 1- Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.

Level 2- Include other inputs that are directly or indirectly observable in the marketplace.

Level 3- Unobservable inputs which are supported by little or no market activity.

The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.

ad. Stock-based compensation:

The Company uses the closing trading price of its common stock on the day of the grant date as the fair value of awards of restricted stock units ("RSUs"), and performance stock units that are based on the Company's financial performance targets ("PSUs"). The compensation expense for RSUs is recognized using a straight-line attribution method over the requisite employee service period while compensation expense for PSUs is recognized using an accelerated attribution method. The Company estimates the forfeitures at the time of grant and revise, if necessary, in subsequent periods if actual forfeitures differ from those estimates. Estimated forfeitures are based on actual historical pre-vesting forfeitures.

The Company granted and grants stock based compensation under its 2015 Plan, PSU awards to certain employees and officers which vest upon the achievement of certain performance or market conditions subject to their continued employment with the Company.

The Company granted PSUs based on the Company’s total shareholder return ("TSR") compared to the TSR of companies listed in the S&P 500 index over a one to three year performance period. In addition, the Company granted PSUs based on the 30-day successive average trading price of the Company’s common stock (the “30-Day Price”) over a three year performance period, which are expected to vest if certain 30-Day Price levels are met. For market conditions awards, the Company uses a Monte-Carlo simulation to determine the grant date fair value for these awards, which takes into consideration the market price of a share of the Company’s common stock on the date of grant less the present value of dividends expected during the requisite service period, as well as the possible outcomes pertaining to the TSR market condition. The Company recognizes such compensation expenses on an accelerated attribution method.

The Company selected the Black-Scholes-Merton option-pricing model as the most appropriate fair value method for its stock-option awards and Employee Stock Purchase Plan (“ESPP”). The option-pricing model requires a number of assumptions, of which the most significant are the fair market value of the underlying common stock, expected stock price volatility, and the expected option term. Expected volatility for stock-option awards and ESPP was calculated based upon the Company’s stock prices. The expected term of options granted is based upon historical experience and represents the period between the options’ grant date and the expected exercise or expiration date. The risk-free interest rate is based on the yield from U.S. treasury bonds with an equivalent term. The Company does not use dividend yield rate since the Company has not declared or paid any dividends on its common stock and does not expect to pay any dividends in the foreseeable future.

A modification of the terms of a stock-based award is treated as an exchange of the original award for a new award with total compensation cost equal to the grant-date fair value of the original award plus the incremental value of the modification to the award.

The fair value for PSU and ESPP granted to employees is estimated at the date of grant using the following assumptions:

	Year ended December 31,
	2025	2024	2023
ESPP
Risk-free interest	3.74% - 4.36%	4.42% - 5.42%	5.38% - 5.46%
Dividend yields	0%	0%	0%
Volatility	111.24% - 113.95%	70.94% - 104.93%	56.44% - 66.78%
Expected term	6 months	6 months	6 months
PSU
Risk-free interest	4.43%	3.9% - 4.2%	4.09%
Dividend yields	0%	0%	0%
Volatility	73.75%	65.18% - 76.7%	71.60%
Expected term	3 years	2 - 3 years	3 years

ae. Earnings (loss) per share

Net basic Earnings Per Share ("EPS") is computed by dividing the net income (loss) by the weighted-average number of shares of common stock outstanding during the period.

Net diluted EPS is computed by giving effect to all potential shares of common stock, to the extent dilutive, including stock options, RSUs, PSUs, shares to be purchased under the Company’s ESPP, the Notes 2025, and Notes 2029, all in accordance with ASC No. 260, "Earnings Per Share."

The Company’s convertible senior notes are included in the calculation of diluted EPS if the assumed conversion into common shares is dilutive, using the “if-converted” method. This involves adding back the periodic cash and non-cash interest expense net of tax associated with the Notes to the numerator and by adding the shares that would be issued in an assumed conversion (regardless of whether the conversion option is in or out of the money) to the denominator for the purposes of calculating diluted EPS, unless the Notes are antidilutive (see Note 22).

af. Income taxes:

The Company account for income taxes in accordance with ASC 740, “Income Taxes”. ASC 740 prescribes the use of the liability method, whereby deferred tax asset and liability account balances are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates that will be in effect when the differences are expected to reverse.

Deferred income tax balances reflect the effects of temporary differences between the carrying amounts of assets and liabilities and their tax bases and are stated at enacted tax rates expected to be in effect when taxes are actually paid or recovered. Deferred tax assets are evaluated for future realization and reduced by a valuation allowance to the extent the Company believes they will not be realized. The Company considers all available evidence, including historical information, long range forecast of future taxable income and evaluation of tax planning strategies. Amounts recorded for valuation allowance can result from a complex series of judgments about future events and can rely on estimates and assumptions. Tax has not been recorded for (a) taxes that would apply in the event of disposal of investments in subsidiaries, as it is generally the Company’s intention to hold these investments, not to realize them; and (b) taxes that would apply on the distribution of unremitted earnings from foreign subsidiaries, as these are retained for reinvestment in the Group.

The Company accounts for uncertain tax positions in accordance with ASC 740-10 two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position taken or expected to be taken in a tax return by determining if the weight of available evidence indicates that it is more likely than not that, on an evaluation of the technical merits, the tax position will be sustained on audit, including resolution of any related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% (cumulative probability) likely to be realized upon ultimate settlement.

ag. New accounting pronouncements not yet effective:

In November 2024, the FASB issued ASU 2024-03, “Income Statement — Reporting Comprehensive Income — Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income (loss) Statement Expenses" (“ASU 2024-03”). ASU 2024-03 requires disaggregation of certain costs and expenses included in each relevant expense caption on the Company's consolidated income (loss) statements in a separate note to the financial statements at each interim and annual reporting period, including amounts of purchases of inventory, employee compensation, depreciation, and intangible asset amortization. ASU 2024-04 is effective fiscal years beginning after December 15, 2026, and interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of adopting ASU 2024-03.

In July 2025, the FASB issued ASU 2025-05, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets. This amendment introduces a practical expedient for the application of the current expected credit loss (“CECL”) model to current accounts receivable and contract assets. ASU 2025-05 is effective for fiscal years beginning after December 15, 2025, and interim reporting periods within those annual reporting periods. Early adoption is permitted. The Company is currently evaluating the timing of adoption and impact of this amendment on its Consolidated Financial Statements and related disclosures.

In September 2025, the FASB issued ASU 2025-06, “Goodwill and Other-Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software” (“ASU 2025-06”), which simplifies the capitalization guidance by removing all references to software development project stages so that the guidance is neutral to different software development methods. ASU 2025-06 is effective for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods. Early adoption is permitted. ASU 2025-06 permits an entity to apply the new guidance using a prospective, retrospective or modified transition approach. The Company is currently evaluating the impact from ASU 2025-06 on its consolidated financial statements.

In November 2025, the FASB issued ASU 2025-09 to amend the guidance in Derivatives and Hedging (Topic 815). The update provides targeted improvements intended to enhance the application of hedge accounting, including expanded eligibility of forecasted transactions, additional flexibility in measuring hedge effectiveness, and clarifications related to hedging non-financial items. The guidance is effective for fiscal years beginning after December 15, 2026, including interim periods within those fiscal years. The Company is currently evaluating the impact on its financial statement disclosures.

In December 2025, the FASB issued ASU 2025-10, “Accounting for Government Grants Received by Business Entities” (“ASU 2025-10”), which establishes the accounting and presentation for government grants received by a business entity. ASU 2025-10 is effective for annual reporting periods beginning after December 15, 2028, and interim reporting periods within those annual reporting periods. Early adoption is permitted. ASU 2025-10 permits an entity to apply the new guidance using a modified prospective basis, a modified retrospective basis, or a full retrospective basis. The Company is currently evaluating the impact from ASU 2025-10 on its consolidated financial statements.

In December 2025, the FASB issued ASU 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements, which clarifies the guidance in Topic 270 to improve the consistency of interim financial reporting. The ASU provides a comprehensive list of required interim disclosures and introduces a disclosure principle requiring entities to disclose events since the end of the last annual reporting period that have a material impact on the entity. ASU 2025-11 is effective for interim reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact from ASU 2025-10 on its consolidated financial statements.

ah. Recently issued and adopted pronouncements:

In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures” (“ASU 2023-09”). ASU 2023-09 requires additional categories of information about federal, state and foreign income taxes to be included in effective tax rate reconciliation disclosure. Additionally, the newly added categories also apply to the income taxes paid disclosure. Effective December 31, 2025, the Company has adopted this standard prospectively. The adoption of this ASU affects only disclosures, with no impact to the Company's financial condition and results of operations (see Note 25).

ai. Certain prior period amounts have been reclassified to conform to the current period presentation.

INCOME TAXES (Schedule of Income (Loss) Before Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Domestic	$ 181,819	$ (4,169)	$ 49,758
Foreign	(572,925)	(1,704,142)	31,341
Income (loss) before income taxes	$ (391,106)	$ (1,708,311)	$ 81,099

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-4

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-21

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-14

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478671/942-235-S50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-1

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 48
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-48

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 12: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(11))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 14: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 15: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(10))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 16: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(15))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

+ Details

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

12 Months Ended

Dec. 31, 2025

Accumulated Other Comprehensive Income Loss [Abstract]

Schedule of Changes in AOCI

	Unrealized gains (losses) on available-for-sale marketable securities			Unrealized gains (losses) on cash flow hedges			Foreign currency translation adjustments on intra-entity transactions that are of a long-term investment in nature			Unrealized gains (losses) on foreign currency translation			Total
Beginning balance as of January 1, 2023	$	(25,449	)	$	(1,761	)	$	(37,960	)	$	(7,939	)	$	(73,109	)
Revaluation		25,898			(1,973	)		(5,375	)		5,409			23,959
Tax on revaluation		(5,487	)		(17	)		-			-			(5,504	)
Other comprehensive income (loss) before reclassifications		20,411			(1,990	)		(5,375	)		5,409			18,455
Reclassification		107			8,325			-			-			8,432
Tax on reclassification		(29	)		(634	)		-			-			(663	)
Losses reclassified from accumulated other comprehensive income		78			7,691			-			-			7,769
Net current period other comprehensive (income) loss		20,489			5,701			(5,375	)		5,409			26,224
Ending balance as of December 31, 2023	$	(4,960	)	$	3,940		$	(43,335	)	$	(2,530	)	$	(46,885	)
Revaluation		8,782			(678	)		(35,379	)		3,890			(23,385	)
Tax on revaluation		(1,995	)		233			-			-			(1,762	)
Other comprehensive income (loss) before reclassifications		6,787			(445	)		(35,379	)		3,890			(25,147	)
Reclassification		(2,966	)		(2,538	)		-			-			(5,504	)
Tax on reclassification		754			305			-			-			1,059
Losses reclassified from accumulated other comprehensive income		(2,212	)		(2,233	)		-			-			(4,445	)
Net current period other comprehensive (income) loss		4,575			(2,678	)		(35,379	)		3,890			(29,592	)
Ending balance as of December 31, 2024	$	(385	)	$	1,262		$	(78,714	)	$	1,360		$	(76,477	)
Revaluation		577			8,759			1,207			4,669			15,212
Tax on revaluation		-			(1,118	)		-			-			(1,118	)
Other comprehensive income (loss) before reclassifications		577			7,641			1,207			4,669			14,094
Reclassification		2			(9,316	)		65,667			(6,751	)		49,602
Tax on reclassification		-			1,118			-			-			1,118
Losses (gains) reclassified from accumulated other comprehensive income		2			(8,198	)		65,667			(6,751	)		50,720
Net current period other comprehensive income (loss)		579			(557	)		66,874			(2,082	)		64,814
Ending balance as of December 31, 2025	$	194		$	705		$	(11,840	)	$	(722	)	$	(11,663	)

Schedule of Reclassifications out of AOCI

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)									Affected Line Item in the Statement of Income (loss)
	2025			2024			2023
Unrealized gains (losses) on available-for-sale marketable securities
	$	(2	)	$	2,966		$	(107	)	Financial income (expenses), net
		-			(754	)		29		Income taxes
	$	(2	)	$	2,212		$	(78	)	Total, net of income taxes
Unrealized gains (losses) on cash flow hedges
		1,402			296			(964	)	Cost of revenues
		5,133			1,487			(4,981	)	Research and development
		1,128			327			(1,057	)	Sales and marketing
		1,653			428			(1,323	)	General and administrative
	$	9,316		$	2,538		$	(8,325	)	Total, before income taxes
		(1,118	)		(305	)		634		Income taxes
	$	8,198		$	2,233		$	(7,691	)	Total, net of income taxes
Adjustment for substantial completion of liquidation of certain foreign subsidiaries
Foreign currency translation adjustments on intra-entity transactions that are of a long-term investment in nature		(65,667	)		-			-		Financial income (expenses), net
Foreign currency translation adjustments, net		6,751			-			-		Financial income (expenses), net
		(58,916	)		-			-
Total reclassifications for the period	$	(50,720	)	$	4,445		$	(7,769	)

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2025	Feb. 01, 2026	Jun. 30, 2023
Cover [Abstract]
Entity Registrant Name	SOLAREDGE TECHNOLOGIES, INC.
Entity Central Index Key	0001419612
Document Type	10-K
Document Period End Date	Dec. 31, 2025
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Entity File Number	001-36894
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-5338862
Entity Address, Address Line One	1 HaMada Street
Entity Address, City or Town	Herziliya Pituach
Entity Address, Country	IL
Entity Address, Postal Zip Code	4673335
City Area Code	972
Local Phone Number	(9) 957-6620
Title of 12(b) Security	Common stock, par value $0.0001 per share
Trading Symbol	SEDG
Name of Exchange on which Security is Registered	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Auditor Attestation Flag	true
Entity Public Float			$ 1,040
Entity Common Stock, Shares Outstanding		60,366,291
Auditor Name	Kost Forer Gabbay & Kasierer
Auditor Location	Tel-Aviv, Israel
Auditor Firm ID	1281
Document Financial Statement Error Correction [Flag]	false
Auditor Opinion [Text Block]	Opinion on the Financial Statements We have audited the accompanying consolidated balance sheets of SolarEdge Technologies Inc. (the Company) as of December 31, 2025 and 2024, the related consolidated statements of income (loss), comprehensive income (loss), stockholders' equity and cash flows for each of the three years in the period ended December 31, 2025, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2025 and 2024, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2025, in conformity with U.S. generally accepted accounting principles. We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of December 31, 2025, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework), and our report dated February 25, 2026 expressed an unqualified opinion thereon. Basis for Opinion These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

OTHER LONG TERM ASSETS (Schedule of Other Long Term Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Other Assets, Noncurrent [Abstract]
Payments made before lease commencement	$ 28,828	$ 0
Cloud computing arrangements	37,972	29,366
Investments in privately held companies	0	20,976
Severance pay fund	0	9,185
Prepaid expenses and other	766	5,209
Total other long term assets	$ 67,566	$ 64,736

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Principles of consolidation

a. Principles of consolidation:

Use of estimates

b. Use of estimates:

Financial statements in U.S. dollars

c. Financial statements in U.S. dollars:

Cash and cash equivalents

d. Cash and cash equivalents:

Cash equivalents are short-term, highly liquid investments that are readily convertible to cash, with original maturities of three months or less at the date acquired.

Restricted cash

e. Restricted cash

Restricted bank deposits

f. Restricted bank deposits:

Marketable Securities

g. Marketable Securities:

The Company has not recorded credit losses on AFS debt securities for the years ended December 31, 2025, 2024 and 2023.

Investment in privately-held companies

h. Investment in privately-held companies:

The Company adjusts the carrying value of its investments to fair value upon observable transactions for identical or similar investments of the same issuer.

All gains and losses, whether due to an impairment or revaluation, on investments in privately-held companies, realized and unrealized, are recognized in other income (loss), net.

Trade receivables

i. Trade receivables:

The following table provides a roll-forward of the allowance for credit losses that is deducted from the amortized cost basis of trade receivables to present the net amount expected to be collected:

	As of December 31,
	2025			2024
Balance, at the beginning of the period	$	43,038		$	16,400
Increase in provision for expected credit losses		7,784			33,799
Recoveries collected		(26,347	)		(5,809	)
Amounts written off charged against the allowance		(9,363	)		(66	)
Foreign currency translation		2,112			(1,286	)
Balance, at the end of the period	$	17,224		$	43,038

Loan receivables

j. Loan receivables:

As of December 31, 2025 and December 31, 2024, the Company's provision for credit loss was $9,751 and $17,672, respectively.

As of December 31, 2025, the loans were presented under prepaid expenses and other current assets on the consolidated balance sheets.

As of December 31, 2024, the loans were presented under other long-term assets on the consolidated balance sheets.

Interest income is recorded on an accrual basis at the stated interest rate and is recorded in financial income (expense), net, in the accompanying consolidated statements of income (loss).

Inventories

k. Inventories:

Property, plant and equipment

l. Property, plant and equipment:

		%
Buildings and plants		5.7
Computers and peripheral equipment		14.3-33 (mainly 14.3)
Office furniture and equipment		7-20 (mainly 7)
Machinery and equipment		10-20 (mainly 10)
Laboratory and testing equipment		15-20 (mainly 15)
Leasehold improvements		over the shorter of the lease term or useful economic life

Government assistance

m. Government assistance

Advanced manufacturing production tax credits

Property, plant and equipment

In 2025 the Company settled and repaid $6,643.

Leases

n. Leases:

The Company also elected the practical expedient to not separate lease and non-lease components for all its leases.

Business Combination

o. Business Combination:

Intangible Assets

p. Intangible Assets:

Amortization is calculated by the straight-line method over the estimated useful life of the assets, at the following rates:

		%
Current technology		14.3-20 (mainly 20)
Trade names		20-50 (mainly 20)
Patents		9.5-10 (mainly 9.5)

Impairment of long-lived assets

q. Impairment of long-lived assets:

Goodwill

r. Goodwill:

The goodwill impairment test is performed according to the following principles:

(1) An initial qualitative assessment may be performed to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount.

Starting January 1, 2025, the Company operates as one reporting unit.

For the year ended December 31, 2025, the Company did not record any goodwill impairment charges.

For the year ended December 31, 2024, the Company recorded impairment charges of goodwill in the amount of $2,251.

For the year ended December 31, 2023, the Company did not record any goodwill impairment charges.

Cloud computing arrangements

s. Cloud computing arrangements:

For the year ended December 31, 2025, the Company commenced amortization of the CCA and recognized $3,363 in related amortization expense.

Severance pay

t. Severance pay:

If applicable, severance costs are recorded in each entity in accordance with local laws and regulations.

For the years ended December 31, 2025, 2024 and 2023, the Company recorded $16,378, $21,959 and $23,643 in severance expenses related to its employees, respectively.

Derivatives and Hedging

u. Derivatives and Hedging:

The Company classifies cash flows related to its hedging as operating activities in its consolidated statement of cash flows.

Revenue recognition

v. Revenue recognition:

(1) Identify the contract with a customer

(2) Identify the performance obligations in the contract

(3) Determine the transaction price

The Company has elected to apply the practical expedient to not evaluate payment terms of one year or less for the existence of a significant financing component.

As of December 31, 2025, the Company has not provided payment terms of more than a year.

(4) Allocate the transaction price to the performance obligations in the contract

(5) Recognize revenue when a performance obligation is satisfied

Billed accounts receivable include all outstanding invoices to customers, as well as amounts allowed to be billed according to contractual billing terms with customers.

Cost of revenues

w. Cost of revenues:

Warranty obligations

x. Warranty obligations:

Warranty obligations are classified as short-term and long-term obligations based on the period in which the warranty is expected to be claimed.

Advertising costs

y. Advertising costs

Research and development costs

z. Research and development costs:

Research and development costs, are charged to the consolidated statement of income (loss) as incurred.

Concentrations of credit risks

aa. Concentrations of credit risks:

The trade receivables of the Company derive from sales to customers located primarily in the United States and Europe.

ab. Concentrations of supply risks:

As of December 31, 2025 and 2024, two contract manufacturers accounted for 50.7% and 43.4% of the Company’s total trade payables, respectively.

The Company's own manufacturing facility, Sella 1, is located in the North of Israel.

Concentrations of supply risks

ab. Concentrations of supply risks:

As of December 31, 2025 and 2024, two contract manufacturers accounted for 50.7% and 43.4% of the Company’s total trade payables, respectively.

The Company's own manufacturing facility, Sella 1, is located in the North of Israel.

Fair value of financial instruments

ac. Fair value of financial instruments:

The following methods and assumptions were used by the Company in estimating the fair value of its financial instruments:

Assets measured at fair value on a recurring basis as of December 31, 2025 and December 31, 2024 are comprised of money market funds, derivative instruments and marketable securities (see Note 13).

A three-tiered fair value hierarchy is established as a basis for considering such assumptions and for inputs used in the valuation methodologies in measuring fair value:

Level 1- Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.

Level 2- Include other inputs that are directly or indirectly observable in the marketplace.

Level 3- Unobservable inputs which are supported by little or no market activity.

The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.

Stock-based compensation

ad. Stock-based compensation:

The fair value for PSU and ESPP granted to employees is estimated at the date of grant using the following assumptions:

	Year ended December 31,
	2025	2024	2023
ESPP
Risk-free interest	3.74% - 4.36%	4.42% - 5.42%	5.38% - 5.46%
Dividend yields	0%	0%	0%
Volatility	111.24% - 113.95%	70.94% - 104.93%	56.44% - 66.78%
Expected term	6 months	6 months	6 months
PSU
Risk-free interest	4.43%	3.9% - 4.2%	4.09%
Dividend yields	0%	0%	0%
Volatility	73.75%	65.18% - 76.7%	71.60%
Expected term	3 years	2 - 3 years	3 years

Earnings (loss) per share

ae. Earnings (loss) per share

Net basic Earnings Per Share ("EPS") is computed by dividing the net income (loss) by the weighted-average number of shares of common stock outstanding during the period.

Income taxes

af. Income taxes:

New accounting pronouncements not yet effective

ag. New accounting pronouncements not yet effective:

Recently issued and adopted pronouncements

ah. Recently issued and adopted pronouncements:

ai. Certain prior period amounts have been reclassified to conform to the current period presentation.

STOCK CAPITAL (Tables)

12 Months Ended

Dec. 31, 2025

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Activity in the Share Options Granted to Employees and Members of Board of Directors

	Number of options			Weighted average exercise price		Weighted average remaining contractual term in years		Aggregate intrinsic Value
Outstanding as of December 31, 2022		339,029		$	50.64		4.86	$	79,414
Exercised		(21,613	)		10.48		-		3,572
Outstanding as of December 31, 2023		317,416		$	53.38		4.05	$	17,366
Vested and expected to vest as of December 31, 2023		317,166		$	53.24		4.05	$	17,366
Exercisable as of December 31, 2023		307,719		$	47.70		3.97	$	17,366

Outstanding as of December 31, 2023		317,416		$	53.38		4.05	$	17,366
Exercised		(33,331	)		5.18		-		750
Forfeited or expired		(666	)		3.96		-		-
Outstanding as of December 31, 2024		283,419		$	59.16		3.42	$	17
Vested and expected to vest as of December 31, 2024		283,382		$	59.13		3.44	$	17
Exercisable as of December 31, 2024		282,196		$	58.07		3.43	$	17

Outstanding as of December 31, 2024		283,419		$	59.16		3.42	$	17
Exercised		(10,400	)		21.23		-		25
Forfeited or expired		(81,832	)		86.86		-		-
Outstanding as of December 31, 2025		191,187		$	49.37		1.40	$	950
Vested and expected to vest as of December 31, 2025		191,187		$	49.37		1.40	$	950
Exercisable as of December 31, 2025		191,187		$	49.37		1.40	$	950

Schedule of RSU and PSU Activity

	RSU					PSU
	Number of Shares Outstanding			Weighted average grant date fair value		Number of Shares Outstanding			Weighted average grant date fair value
Unvested as of January 1, 2023		1,488,515		$	232.05		149,232		$	295.88
Granted		1,138,764			134.44		32,348			314.22
Vested		(661,967	)		198.16		(107,165	)		296.76
Forfeited		(105,026	)		253.80		-			-
Unvested as of December 31, 2023		1,860,286			182.52		74,415			302.58
Granted		2,737,530			34.62		292,932			31.46
Vested		(749,031	)		173.07		(14,543	)		298.92
Forfeited		(453,438	)		143.44		(18,550	)		259.59
Unvested as of December 31, 2024		3,395,347			70.62		334,254			67.52
Granted		2,656,364			17.69		777,237			6.39
Vested		(1,327,121	)		75.13		-			-
Forfeited		(899,816	)		63.30		(270,004	)		58.35
Unvested as of December 31, 2025		3,824,774		$	34.02		841,487		$	14.00

Schedule of Recognized Stock-Based Compensation Expenses

	Year ended December 31,
	2025		2024		2023
Stock-based compensation expenses:
Cost of revenues	$	16,022	$	21,952	$	23,200
Research and development		44,890		62,546		66,944
Sales and marketing		17,730		27,328		30,987
General and administrative		13,903		25,425		28,814
Total stock-based compensation expenses	$	92,545	$	137,251	$	149,945

Stock-based compensation capitalized:
Inventory	$	1,693	$	3,100	$	2,460
Other long-term assets		1,356		1,926		1,666
Total stock-based compensation capitalized	$	3,049	$	5,026	$	4,126

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(v)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iv)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (l)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 35
-Paragraph 1D
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480483/718-10-35-1D

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 35
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480483/718-10-35-3

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(01)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(02)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(04)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(01)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(02)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

INCOME TAXES (Schedule of reconciliation of the provision for income taxes prior to the adoption of ASU 2023-09) (Details)	1 Months Ended	12 Months Ended
	Dec. 22, 2017	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Statutory tax rate	35.00%	21.00%	21.00%	21.00%
Effect of: Income tax at rate other than the U.S. statutory tax rate			(0.64%)	(37.30%)
Losses and timing differences for which valuation allowance was provided		(3.20%)	(26.09%)	27.70%
Prior year income taxes (benefit)			(0.03%)	(1.00%)
R&D Capitalization and other effects of TCJA			0.00%	42.50%
Non-deductible expenses			(2.85%)	4.50%
IRA tax benefits			2.85%	0.00%
Other individually immaterial income tax items, net			0.13%	(0.20%)
Effective tax rate		(3.40%)	(5.63%)	57.20%

INTANGIBLE ASSETS, NET (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expenses	$ 2,861	$ 7,899	$ 7,652

- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Subparagraph (b)
-SubTopic 10
-Topic 230
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-28

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 18
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-18

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-11

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-24

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476148/220-40-50-12

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Name Accounting Standards Codification
-Section 55
-Paragraph 40
-SubTopic 30
-Topic 350
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482640/350-30-55-40

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-2

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482686/350-30-45-2

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476148/220-40-50-6

+ Details

SEGMENT, GEOGRAPHIC AND PRODUCT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Reportable Segments and Operating Income

	Year ended December 31,
	2025			2024			2023
Revenues	$	1,184,444		$	901,456		$	2,976,528
Less:
Direct costs of goods		825,718			658,737			1,600,660
Salaries¹		439,205			509,711			560,401
Inventory costs		28,027			785,616			61,861
Shipment and logistics		41,446			35,515			76,096
Warranty		32,448			68,442			310,186
Depreciation and amortization		30,511			59,865			57,196
Directly related overhead costs		60,013			54,252			50,795
Other²		46,183			423,059			219,446
Financial (income) expense, net		71,999			14,570			(41,212	)
Income taxes		13,382			96,150			46,420
Net loss from equity method investments		960			1,896			350
Net income (loss)	$	(405,448	)	$	(1,806,357	)	$	34,329

¹Including stock-based compensation expenses.

²Represents indirect costs of goods, consultants and sub-contractors, marketing, bad debt and impairments and dispositions.

Summary of Revenues Within Geographic Areas

	Year ended December 31,
	2025		2024		2023
United States	$	718,227	$	379,617	$	759,611
Europe		317,595		322,640		1,903,846
International markets		148,622		199,199		313,071
Total revenues	$	1,184,444	$	901,456	$	2,976,528

Summary of Revenues By Product Family

	Year ended December 31,
	2025		2024		2023
Inverters	$	333,806	$	247,634	$	1,374,026
Optimizers		489,852		314,916		902,411
Batteries		285,399		190,460		378,275
Energy storage systems		16,411		49,913		83,717
e-Mobility components and telematics		167		2,398		68,425
Communication		6,031		5,423		32,945
Others		52,778		90,712		136,729
Total revenues	$	1,184,444	$	901,456	$	2,976,528

Schedule of Long-lived Assets By Geographic Region

	As of December 31,
	2025		2024
Israel	$	224,276	$	266,254
United States		76,510		87,715
Europe		11,114		19,741
Other		5,629		11,121
Total long-lived assets^(*)	$	317,529	$	384,831

(*) Long-lived assets are comprised of property and equipment, net and Operating lease right-of-use assets, net.

Cybersecurity Risk Management and Strategy Disclosure

12 Months Ended

Dec. 31, 2025

Cybersecurity Risk Management, Strategy, and Governance [Line Items]

Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]

Risk Management and Strategy

While we follow product cybersecurity best practices and comply with mandatory standards and regulations, our products and information systems are potentially subject to cyber risks of data leakage, privacy concerns, interrupted availability, and operational damages, including to customers and third parties. To protect our products and information systems from cybersecurity threats, we use various security controls and processes that help prevent, identify, escalate, investigate, resolve, and recover from identified vulnerabilities and security incidents in a timely manner. These include, but are not limited to, periodic cyber testing, code scanning and ongoing attack surface monitoring, threat intelligence monitoring, other monitoring and detection tools, and a coordinated vulnerability disclosure program to allow security researchers to assist us in identifying vulnerabilities in our products before they are exploited by malicious threat actors. Any reported vulnerability is analyzed and dealt with in accordance with its risk level and mitigation options.

As part of our program to mitigate risk from cyber security threats, the Company actively evaluates and refines its cyber security tools and processes with the intention of reducing cyber security risks and aligning with the National Institute of Standards and Technology Cyber-security Framework for risk management. Features of our cybersecurity program include:

◦

Processes designed to comply with information security standards and privacy regulations, including the European Union's General Data Protection Regulation.

◦

Maintenance of an ISO 27001 Information Security Management Standard certification.

◦

Implementation of a variety of security controls, such as firewalls, endpoint detection tools and intrusion detection systems.

◦

Protection against Denial-of-Service attacks which prevent legitimate use of our services.

◦

Security events monitoring in a third party security operations center.

◦

Development of incident response policies and procedures designed to initiate remediation and compliance activities in a timely manner.

◦

Implementation of data loss prevention tools.

◦

Implementing an ID management system to enforce granular role-based access controls.

◦

Integration of granular access controls at the network level.

◦

Performing penetration testing on products and networks.

◦

Administration of a phishing awareness program and an employee security training periodically and as part of onboarding.

◦

Engagement with a third-party, independent cyber security firm to conduct cyber security assessments of our systems and procedures.

◦

Employment of a responsible disclosure policy designed to help identify and fix any potential flaws in the company’s services or products.

Cybersecurity Risk Management Processes Integrated [Flag]

true

Cybersecurity Risk Management Processes Integrated [Text Block]

Cyber security risk is an area of increasing focus for our Board, particularly as an increasingly significant part of our operations rely on digital technologies. As a result, we have implemented a cyber security program to assess, identify, and manage risks from cyber security threats that may result in material adverse effects on the confidentiality, integrity, and availability of our information systems and products. This program has been integrated into the Company’s enterprise risk management processes.

We design and assess our cybersecurity program based on the NIST Cybersecurity Framework (CSF) and industry best practices. We do not claim to comply with any technical standards, specifications, or requirements by using these frameworks. They are guides that help us to deal with the cybersecurity risks that are relevant to our business.

Our cybersecurity program is integrated into our overall enterprise risk management program, and shares common methodologies, reporting channels and governance processes that apply across legal, compliance, operational, and financial risk areas. To this end, we have implemented a cybersecurity program that includes the following elements:

▪

A Chief Information Security Officer (CISO) responsible for developing and maintaining our administrative, technical, and physical cybersecurity controls.

▪

Periodic assessments designed to identify material cybersecurity risks to our critical systems and information.

▪

A Security Operations Center (SOC) to monitor our critical infrastructure and execute immediate, human-led responses to confirmed and suspected cyber security threats.

▪

External technology and security providers, where appropriate, to assess, test or otherwise assist with aspects of our cybersecurity program.

▪

External technology and security tools, where appropriate, to identify and mitigate threats.

▪

Cybersecurity awareness training for employees.

▪

A third-party risk management process and questionnaire for certain service providers and vendors who access sensitive information.

▪

A retained, trained incident response team and written procedures to navigate incident response lifecycles.

▪

Periodic cyber security drills designed to simulate potential cyber events and test our detection, response, and recovery capabilities.

Cybersecurity Risk Management Third Party Engaged [Flag]

true

Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]

true

Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]

false

Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Text Block]

In the normal course of business, we are and have been the target of malicious cyber-attack attempts and have experienced other cybersecurity incidents. However,based on the information that we have to date, we have not identified risks from known material cybersecurity threats, including any prior cybersecurity incidents, that have materially affected the Company, including our operations, business strategy, results of operations, or financial condition. As of the date of this Annual Report on Form 10-K, the Company is not aware of any material risks from cybersecurity threats that are reasonably likely to do so. However, we cannot eliminate all risks from cybersecurity threats or provide assurances that the Company will not be materially affected by such risks or cyber incidents in the future. There can be no guarantee that our policies, programs and controls, and those of our third-party vendors, including those described in this section, will be sufficient to protect our information, information systems, products, or other property. Additional information on cybersecurity risks we face is discussed in Item 1A of Part I, “Risk Factors,” which should be read in conjunction with the foregoing information.

Cybersecurity Risk Board of Directors Oversight [Text Block]

Governance & Oversight

The Board has delegated primary oversight of the our risks from cybersecurity threats to the Technology and Cyber Committee. Our management team, including our CISO, provides quarterly updates to our Technology and Cyber Committee and annually to the full Board regarding our cyber security activities and other developments impacting our digital security. We have protocols by which certain cyber security incidents are escalated within the Company and, where appropriate, reported to the Board and the Technology and Cyber Committee in a timely manner.

At the management level, our CISO, who reports to our Chief Information Officer, is responsible for overseeing the assessment and management of our material risks from cyber security threats. Our CISO has extensive experience and knowledge in cyber security as a result of 20 years of experience of varied cybersecurity experience across various industries and domains. The CISO is informed about and monitors the prevention, detection, mitigation, and remediation of emerging cybersecurity threats. Our cybersecurity team is also informed of any potential Cyber security incidents through reports and alerts from retained cyber threat intelligence firms.

Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]

Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]

Our management team, including our CISO, provides quarterly updates to our Technology and Cyber Committee and annually to the full Board regarding our cyber security activities and other developments impacting our digital security.

Cybersecurity Risk Role of Management [Text Block]

Cybersecurity Risk Management Positions or Committees Responsible [Flag]

true

Cybersecurity Risk Management Positions or Committees Responsible [Text Block]

At the management level, our CISO, who reports to our Chief Information Officer, is responsible for overseeing the assessment and management of our material risks from cyber security threats.

Cybersecurity Risk Management Expertise of Management Responsible [Text Block]

Our CISO has extensive experience and knowledge in cyber security as a result of 20 years of experience of varied cybersecurity experience across various industries and domains.

Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]

The CISO is informed about and monitors the prevention, detection, mitigation, and remediation of emerging cybersecurity threats. Our cybersecurity team is also informed of any potential Cyber security incidents through reports and alerts from retained cyber threat intelligence firms.

Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]

true

INCOME TAXES (Schedule of Deferred Tax Liabilities And Assets) (Details) - USD ($)
$ in Thousands

Dec. 31, 2025

Dec. 31, 2024

Deferred tax assets, net:

Research and development carryforward expenses

$ 19,698

$ 15,857

Carryforward tax losses

341,977

219,341

Stock based compensation expenses

43,523

38,499

Deferred revenue

12,293

12,999

Lease liabilities

8,297

10,634

Inventory Impairment

9,012

10,833

Foreign currency translation

12,137

13,672

Property, plant and equipment

5,353

11,662

Allowance and other reserves

19,429

20,549

Total gross deferred tax assets

471,719

354,046

Less, valuation allowance

(455,884)

(331,816)

Total deferred tax assets, net

15,835

22,230

Deferred tax liabilities, net:

Intercompany transactions

(4,200)

Right-of-use assets

(7,504)

(11,066)

Acquired intangible assets

(1,251)

(3,149)

Property, plant and equipment

(5,906)

(4,377)

Other

(1,359)

(549)

Total deferred tax liabilities

(16,020)

(23,341)

Recorded as:

Deferred tax liabilities, net

^[1]

$ (185)

$ (1,111)

[1]	Presented under other long-term liabilities

STOCK CAPITAL (Schedule of RSUs and PSUs Activity) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested at beginning of period	3,395,347	1,860,286	1,488,515
Granted	2,656,364	2,737,530	1,138,764
Vested	(1,327,121)	(749,031)	(661,967)
Forfeited	(899,816)	(453,438)	(105,026)
Unvested at end of period	3,824,774	3,395,347	1,860,286
Weighted average grant date fair value, beginning of period	$ 70.62	$ 182.52	$ 232.05
Weighted average grant date fair value, granted	17.69	34.62	134.44
Weighted average grant date fair value, vested	75.13	173.07	198.16
Weighted average grant date fair value, forfeited	63.3	143.44	253.8
Weighted average grant date fair value, end of period	$ 34.02	$ 70.62	$ 182.52
Phantom Share Units (PSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested at beginning of period	334,254	74,415	149,232
Granted	777,237	292,932	32,348
Vested	0	(14,543)	(107,165)
Forfeited	(270,004)	(18,550)	0
Unvested at end of period	841,487	334,254	74,415
Weighted average grant date fair value, beginning of period	$ 67.52	$ 302.58	$ 295.88
Weighted average grant date fair value, granted	6.39	31.46	314.22
Weighted average grant date fair value, vested	0	298.92	296.76
Weighted average grant date fair value, forfeited	58.35	259.59	0
Weighted average grant date fair value, end of period	$ 14	$ 67.52	$ 302.58

FINANCIAL INCOME (EXPENSE), NET (Schedule of Financial Expenses (Income), Net) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Nonoperating Income (Expense) [Abstract]
Exchange rate (loss) gain, net	$ (66,374)	$ (13,513)	$ 24,181
Interest income on marketable securities	5,660	17,893	25,668
Allowance for credit losses allocated to loan receivables	7,922	(17,528)	(144)
Convertible note	(10,321)	(6,926)	(2,930)
Hedging	(2,967)	802	2,337
Financing component expenses related to ASC 606	(14,522)	(11,805)	(9,773)
Interest income	10,777	16,427	7,494
Interest expense	(1,376)	(1,156)	(1,269)
Other	(798)	1,236	(4,352)
Total financial income (expenses), net	$ (71,999)	$ (14,570)	$ 41,212

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Allowance for Credit Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Accounting Policies [Abstract]
Balance, at beginning of period	$ 43,038	$ 16,400
Increase in provision for expected credit losses	7,784	33,799
Recoveries collected	(26,347)	(5,809)
Amounts written off charged against the allowance	(9,363)	(66)
Foreign currency translation	2,112	(1,286)
Balance, at end of period	$ 17,224	$ 43,038

- Definition

Amount of allowance for credit loss on financing receivable. Excludes allowance for financing receivable covered under loss sharing agreement.

+ References + Details

RESTRUCTURING AND OTHER EXIT ACTIVITIES (Schedule of liability balance for the restructuring and other exit charges) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Restructuring Reserve [Roll Forward]
Charges	$ (12,425)	$ 49,148	$ 60,190
Employee termination costs [Member]
Restructuring Reserve [Roll Forward]
Balance as of January 1, 2025	1,073
Charges	5,145	8,199	2,862
Cash payments	(6,218)
Non-cash utilization and other	0
Balance as of December 31, 2025	0	1,073
Contract termination and other [Member]
Restructuring Reserve [Roll Forward]
Balance as of January 1, 2025	23,933
Charges	(17,570)	40,949	$ 57,328
Cash payments	(6,315)
Non-cash utilization and other	(48)
Balance as of December 31, 2025	$ 0	$ 23,933

MARKETABLE SECURITIES

12 Months Ended

Dec. 31, 2025

Marketable Securities [Abstract]

MARKETABLE SECURITIES

NOTE 4: MARKETABLE SECURITIES

The following is a summary of available-for-sale marketable securities at December 31, 2025:

	Amortized cost		Gross unrealized gains		Fair value
Matures within one year:
Corporate bonds	$	36,413	$	188	$	36,601
U.S. Government agency securities		1,495		1		1,496
Total	$	37,908	$	189	$	38,097

The following is a summary of available-for-sale marketable securities at December 31, 2024:

	Amortized cost		Gross unrealized gains		Gross unrealized losses			Fair value
Matures within one year:
Corporate bonds	$	290,570	$	97	$	(811	)	$	289,856
U.S. Treasury securities		12,596		-		(2	)		12,594
U.S. Government agency securities		8,810		19		-			8,829
		311,976		116		(813	)		311,279
Matures after one year:
Corporate bonds		36,006		252		(17	)		36,241
U.S. Government agency securities		6,309		47		-			6,356
		42,315		299		(17	)		42,597
Total	$	354,291	$	415	$	(830	)	$	353,876

Proceeds from maturity of available-for-sale marketable securities during the years ended December 31, 2025, 2024 and 2023, were $713,413, $719,454 and $277,382, respectively.

Proceeds from sales of available-for-sale marketable securities during the year ended December 31, 2025 were $76,288, which did not lead to realized gains or losses.

Proceeds from sales of available-for-sale marketable securities during the year ended December 31, 2024 were $114,564, which led to realized gains of $2,966.

Proceeds from sales of available-for-sale marketable securities during the year ended December 31, 2023 were $2,807, which led to realized losses of $125

MARKETABLE SECURITIES (Schedule of Available-for-Sale Marketable Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Marketable Securities [Line Items]
Available for-sale - matures within one year, amortized cost		$ 311,976
Available for-sale - matures within one year, gross unrealized gains		116
Available for-sale - matures within one year, gross unrealized losses		(813)
Available for-sale - matures within one year, fair value		311,279
Available for-sale - matures after one year, amortized cost		42,315
Available for-sale - matures after one year, gross unrealized gains		299
Available for-sale - matures after one year, gross unrealized losses		(17)
Available for-sale - matures after one year, fair value		42,597
Amortized cost	$ 37,908	354,291
Gross unrealized gains	189	415
Gross unrealized losses		(830)
Fair value	38,097	353,876
Corporate bonds [Member]
Marketable Securities [Line Items]
Available for-sale - matures within one year, amortized cost	36,413	290,570
Available for-sale - matures within one year, gross unrealized gains	188	97
Available for-sale - matures within one year, gross unrealized losses		(811)
Available for-sale - matures within one year, fair value	36,601	289,856
Available for-sale - matures after one year, amortized cost		36,006
Available for-sale - matures after one year, gross unrealized gains		252
Available for-sale - matures after one year, gross unrealized losses		(17)
Available for-sale - matures after one year, fair value		36,241
U.S. Treasury securities [Member]
Marketable Securities [Line Items]
Available for-sale - matures within one year, amortized cost		12,596
Available for-sale - matures within one year, gross unrealized gains		0
Available for-sale - matures within one year, gross unrealized losses		(2)
Available for-sale - matures within one year, fair value		12,594
U.S. Government agency securities [Member]
Marketable Securities [Line Items]
Available for-sale - matures within one year, amortized cost	1,495	8,810
Available for-sale - matures within one year, gross unrealized gains	1	19
Available for-sale - matures within one year, gross unrealized losses		0
Available for-sale - matures within one year, fair value	$ 1,496	8,829
Available for-sale - matures after one year, amortized cost		6,309
Available for-sale - matures after one year, gross unrealized gains		47
Available for-sale - matures after one year, gross unrealized losses		0
Available for-sale - matures after one year, fair value		$ 6,356

PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 7: PROPERTY, PLANT AND EQUIPMENT, NET

	As of December 31,
	2025		2024
Cost:
Land	$	-	$	1,087
Buildings and plants		24,953		60,498
Computers and peripheral equipment		44,805		47,279
Office furniture and equipment		8,682		8,955
Laboratory and testing equipment		65,429		60,638
Machinery and equipment		188,000		209,906
Leasehold improvements		107,901		110,380
Assets under construction and payments on account		36,694		34,949
Gross property, plant and equipment		476,464		533,692
Less - accumulated depreciation		207,113		190,254
Total property, plant and equipment, net	$	269,351	$	343,438

For the years ended December 31, 2025, 2024 and 2023, the Company recorded impairment and abandonment by disposal of property, plant, and equipment in the amount of $5,799, $224,772, and $25,168, respectively, under Other operating expense (income), net in the consolidated statements of income (loss).

Depreciation expenses for the years ended December 31, 2025, 2024 and 2023, were $27,650, $51,966 and $49,544, respectively.

GENERAL	12 Months Ended
GENERAL	Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GENERAL	NOTE 1: GENERAL SolarEdge Technologies, Inc. together with its subsidiaries (the “Company”) is a global smart energy technology company. We develop, manufacture, and sell products that address a broad range of energy market segments through our diversified product offering, including residential, commercial and large scale photovoltaic or PV, energy storage and backup solutions, electric vehicle or EV charging capabilities, home energy management, grid services and virtual power plants. By leveraging engineering capabilities and with a focus on innovation, safety and reliability, we create smart energy solutions that power our lives and drive future progress. The Company and its subsidiaries sell products worldwide through large distributors, electrical equipment wholesalers, directly to large solar installers and EPC firms. Our products are carried and actively sold by most of the top PV distributors as well as some of the largest electrical distribution companies. The Company has expanded its activity to other areas of smart energy technology both organically and through acquisitions.

WARRANTY OBLIGATIONS

12 Months Ended

Dec. 31, 2025

Product Warranties Disclosures [Abstract]

WARRANTY OBLIGATIONS

NOTE 14: WARRANTY OBLIGATIONS

Changes in the Company’s product warranty obligations for the years ended December 31, 2025, 2024 and 2023 were as follows:

	Year ended December 31,
	2025			2024			2023
Balance, at the beginning of the period	$	432,365		$	518,244		$	385,057
Accruals for warranty during the period		69,713			60,137			250,266
Changes in estimates		(26,506	)		(5,345	)		20,017
Settlements		(117,683	)		(140,671	)		(137,096	)
Balance, at end of the period		357,889			432,365			518,244
Less current portion		(89,330	)		(140,249	)		(183,047	)
Long-term portion	$	268,559		$	292,116		$	335,197

INTANGIBLE ASSETS, NET (Schedule of future amortization expense) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
2026	$ 2,322
2027	2,194
2028	1,025
2029	636
2030	636
Thereafter	316
Total intangible assets, net	$ 7,129	$ 9,666

RESTRUCTURING AND OTHER EXIT ACTIVITIES (Schedule of restructuring and other exit charges by reportable segments and type of cost) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	$ (12,425)	$ 49,148	$ 60,190
Cost of revenues [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	(13,617)	40,248	59,802
Research and development [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	1,462	4,368
Sales and marketing [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	1,180	1,228	4
General and administrative [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	1,687	948	384
Other operating expenses, net [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	(3,137)	2,356
Employee termination costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	5,145	8,199	2,862
Employee termination costs [Member] \| Cost of revenues [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	816	2,021	2,561
Employee termination costs [Member] \| Research and development [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	1,462	4,120
Employee termination costs [Member] \| Sales and marketing [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	1,180	1,228	4
Employee termination costs [Member] \| General and administrative [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	1,687	830	297
Employee termination costs [Member] \| Other operating expenses, net [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	0	0
Contract termination and other [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	(17,570)	40,949	57,328
Contract termination and other [Member] \| Cost of revenues [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	(14,433)	38,227	57,241
Contract termination and other [Member] \| Research and development [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	0	248
Contract termination and other [Member] \| Sales and marketing [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	0	0	0
Contract termination and other [Member] \| General and administrative [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	0	118	$ 87
Contract termination and other [Member] \| Other operating expenses, net [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other exit charges	$ (3,137)	$ 2,356

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

INCOME TAXES (Schedule of Uncertain Tax Positions) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Balance, at the beginning of the period	$ 32,326	$ 15,908	$ 2,756
Decrease related to tax settlements	(24,845)	0	0
Increases related to current year tax positions	0	0	1,502
Increase for tax positions related to prior years	3,373	16,418	11,778
Decrease related to prior year tax positions	(2,209)	0	(128)
Balance, at end of the period	$ 8,645	$ 32,326	$ 15,908

EARNINGS (LOSS) PER SHARE (Schedule of Computation of Basic and Diluted Net Earnings (Loss) Per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Numerator:
Net income (loss)	$ (405,448)	$ (1,806,357)	$ 34,329
Denominator:
Shares used in computing net earnings (loss) per share of common stock, basic	58,954,380	57,082,182	56,557,106
Numerator:
Net income (loss) attributable to common stock, diluted	$ (405,448)	$ (1,806,357)	$ 34,329
Denominator:
Shares used in computing net earnings (loss) per share of common stock, basic	58,954,380	57,082,182	56,557,106
Effect of stock-based awards	0	0	680,412
Shares used in computing net earnings (loss) per share of common stock, diluted	58,954,380	57,082,182	57,237,518
Earnings (loss) per share:
Basic	$ (6.88)	$ (31.64)	$ 0.61
Diluted	$ (6.88)	$ (31.64)	$ 0.6

DEFERRED REVENUES AND CUSTOMERS ADVANCES (Tables)

12 Months Ended

Dec. 31, 2025

Revenue Recognition and Deferred Revenue [Abstract]

Schedule of Balances of Deferred Revenues

	Year ended December 31,
	2025			2024			2023
Balance, at the beginning of the period	$	371,919		$	255,443		$	213,577
Revenue recognized		(138,587	)		(41,035	)		(29,650	)
Increase in deferred revenues and customer advances		130,367			157,511			71,516
Balance, at the end of the period		363,699			371,919			255,443
Less current portion		(70,371	)		(140,870	)		(40,836	)
Long-term portion	$	293,328		$	231,049		$	214,607

Schedule Estimated Revenues Expected to Recognized in Future to Performance Obligations

2026	$	70,371
2027		26,189
2028		25,168
2029		21,565
2030		14,778
Thereafter		205,628
Total deferred revenues	$	363,699

Insider Trading Arrangements	12 Months Ended
Insider Trading Arrangements	Dec. 31, 2025
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	The information required by Item 11 will be included under the captions “Board Committees”, “Director Compensation”, “Executive Compensation”, and “Compensation Risk” in our 2026 Proxy Statement and is incorporated herein by reference.
Adoption Date	March 2015

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Liabilities and Assets

	December 31,
	2025			2024
Deferred tax assets, net:
Research and development carryforward expenses	$	19,698		$	15,857
Carryforward tax losses		341,977			219,341
Stock based compensation expenses		43,523			38,499
Deferred revenue		12,293			12,999
Lease liabilities		8,297			10,634
Inventory Impairment		9,012			10,833
Foreign currency translation		12,137			13,672
Property, plant and equipment		5,353			11,662
Allowance and other reserves		19,429			20,549
Total gross deferred tax assets		471,719			354,046
Less, valuation allowance		(455,884	)		(331,816	)
Total deferred tax assets, net		15,835			22,230
Deferred tax liabilities, net:
Intercompany transactions		-			(4,200	)
Right-of-use assets		(7,504	)		(11,066	)
Acquired intangible assets		(1,251	)		(3,149	)
Property, plant and equipment		(5,906	)		(4,377	)
Other		(1,359	)		(549	)
Total deferred tax liabilities	$	(16,020	)	$	(23,341	)
Recorded as:
Deferred tax liabilities, net¹	$	(185	)	$	(1,111	)

¹ Presented under other long-term liabilities

Schedule of Uncertain Tax Positions

	December 31,
	2025			2024		2023
Balance, at the beginning of the period	$	32,326		$	15,908	$	2,756
Decrease related to tax settlements		(24,845	)		-		-
Increases related to current year tax positions		-			-		1,502
Increase for tax positions related to prior years		3,373			16,418		11,778
Decrease related to prior year tax positions		(2,209	)		-		(128	)
Balance, at end of the period	$	8,645		$	32,326	$	15,908

Schedule of Income (Loss) Before Taxes

	Year ended December 31,
	2025			2024			2023
Domestic	$	181,819		$	(4,169	)	$	49,758
Foreign		(572,925	)		(1,704,142	)		31,341
Income (loss) before income taxes	$	(391,106	)	$	(1,708,311	)	$	81,099

Schedule of Income Taxes

	Year ended December 31,
	2025			2024		2023
Current taxes:
Domestic	$	2,601		$	4,036	$	42,960
Foreign		11,542			12,905		46,531
Total current taxes		14,143			16,941		89,491
Deferred taxes:
Domestic		-			18,163		(2,244	)
Foreign		(761	)		61,046		(40,827	)
Total deferred taxes		(761	)		79,209		(43,071	)
Income taxes, net	$	13,382		$	96,150	$	46,420

Schedule of Reconciliation of the Provision for Income Taxes Prior to the Adoption of ASU 2023-09

	Year Ended December 31, 2025
	Amount			Percent
US Federal statutory tax rate	$	(82,132	)		21.0	%
State and local income taxes, net of federal income tax effect:
State tax⁽¹⁾		2,593			(0.7	)%
Foreign Tax Effects:
Israel
Statutory tax rate difference between Israel and United States		(11,516	)		2.9	%
Changes in valuation allowances		68,509			(17.5	)%
Preferred enterprise		58,877			(15.1	)%
Other		5,225			(1.3	)%
Netherlands
Non‑taxable income resulting from reversal of bad debt		6,168			(1.6	)%
Other		(1,151	)		0.3	%
Changes in valuation allowances		12,610			(3.2	)%
Non-taxable or Non-deductible items:
Non-taxable and other (mainly government grants)		(73,734	)		19.0	%
Non-deductible capital loss		23,360			(6.0	)%
Changes in unrecognized tax benefits		4,573			(1.2	)%
	$	13,382			(3.4	)%

(1) The state that contributes to the majority (greater than 50%) of the tax effect in this category is California.

	Year Ended December 31,
	2024			2023
Statutory tax rate		21.0	%		21.0	%
Effect of:
Income tax at rate other than the U.S. statutory tax rate		(0.64	)%		(37.3	)%
Losses and timing differences for which valuation allowance was provided		(26.09	)%		27.7	%
Prior year income taxes (benefit)		(0.03	)%		(1.0	)%
R&D Capitalization and other effects of TCJA		-	%		42.5	%
Non-deductible expenses		(2.85	)%		4.5	%
IRA tax benefits		2.85	%		-	%
Other individually immaterial income tax items, net		0.13	%		(0.2	)%
Effective tax rate		(5.63	)%		57.2	%

Schedule of Tax Paid

	Year Ended December 31, 2025
US Federal	$	(1,480	)
US State and local:
California		2,400
Other		(293	)
Total US		627
Foreign:
Israel		25,401
Korea		2,575
Other		3,185
Total tax paid	$	31,788

SEGMENT, GEOGRAPHIC AND PRODUCT INFORMATION (Summary of Revenues by Product Family) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Revenue from External Customer [Line Items]
Total revenues	$ 1,184,444	$ 901,456	$ 2,976,528
Inverters [Member]
Revenue from External Customer [Line Items]
Total revenues	333,806	247,634	1,374,026
Optimizers [Member]
Revenue from External Customer [Line Items]
Total revenues	489,852	314,916	902,411
Batteries [Member]
Revenue from External Customer [Line Items]
Total revenues	285,399	190,460	378,275
Energy storage systems [Member]
Revenue from External Customer [Line Items]
Total revenues	16,411	49,913	83,717
e-Mobility components and telematics [Member]
Revenue from External Customer [Line Items]
Total revenues	167	2,398	68,425
Communication [Member]
Revenue from External Customer [Line Items]
Total revenues	6,031	5,423	32,945
Other Products [Member]
Revenue from External Customer [Line Items]
Total revenues	$ 52,778	$ 90,712	$ 136,729

- Definition

Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4A
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478671/942-235-S50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-42

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-28

Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Topic 944
-SubTopic 605
-Name Accounting Standards Codification
-Section 55
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477548/944-605-55-14

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Topic 944
-SubTopic 605
-Name Accounting Standards Codification
-Section 55
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477548/944-605-55-11

Reference 11: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 48
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-48

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 14: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 15: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 19: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

+ Details

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Consolidated Statements Of Comprehensive Income Loss [Abstract]
Net income (loss)	$ (405,448)	$ (1,806,357)	$ 34,329
Other comprehensive income (loss), net of tax:
Available-for-sale marketable securities	579	4,575	20,489
Cash flow hedges	(557)	(2,678)	5,701
Foreign currency translation adjustments on intra-entity transactions that are of a long-term investment nature	66,874	(35,379)	(5,375)
Foreign currency translation adjustments	(2,082)	3,890	5,409
Total other comprehensive income (loss), net of tax:	64,814	(29,592)	26,224
Comprehensive income (loss)	$ (340,634)	$ (1,835,949)	$ 60,553

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.

+ References + Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478671/942-235-S50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(k)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-28

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 9
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479343/105-10-65-9

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 17
-Subparagraph (d)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480336/718-10-65-17

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-6

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-9

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-8

Reference 18: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479168/946-830-55-11

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 205
-Name Accounting Standards Codification
-Section 45
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478009/946-205-45-3

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section 45
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479105/946-220-45-7

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(16))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(9))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(1)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 19
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481231/810-10-45-19

Reference 25: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482765/220-10-50-6

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 27: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483499/205-20-50-7

Reference 37: http://www.xbrl.org/2003/role/exampleRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 4J
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481175/810-10-55-4J

Reference 38: http://www.xbrl.org/2003/role/exampleRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 4K
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481175/810-10-55-4K

Reference 39: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1A

Reference 40: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1B

Reference 41: http://www.xbrl.org/2003/role/disclosureRef
-Topic 230
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-2

Reference 42: http://www.xbrl.org/2003/role/disclosureRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481203/810-10-50-1A

Reference 43: http://www.xbrl.org/2003/role/disclosureRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481203/810-10-50-1A

Reference 44: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 4
-Subparagraph (f)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481538/470-20-65-4

+ Details

WARRANTY OBLIGATIONS (Schedule of Warranty Obligations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Changes in the Company's product warranty liability
Balance, at the beginning of the period	$ 432,365	$ 518,244	$ 385,057
Accruals for warranty during the period	69,713	60,137	250,266
Changes in estimates	(26,506)	(5,345)	20,017
Settlements	(117,683)	(140,671)	(137,096)
Balance, at end of the period	357,889	432,365	518,244
Less current portion	(89,330)	(140,249)	(183,047)
Long-term portion	$ 268,559	$ 292,116	$ 335,197

INCOME TAXES (Narrative) (Details) $ in Thousands, ₪ in Billions	1 Months Ended	12 Months Ended
	Dec. 22, 2017	Dec. 31, 2025 ILS (₪)	Dec. 31, 2024 USD ($)	Dec. 31, 2023	Dec. 31, 2025 USD ($)
Income Taxes [Line Items]
Corporate tax rate (as a percent)	35.00%	21.00%	21.00%	21.00%
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent		15.50%
U.S. income tax rate for foreign subsidiaries earnings for other net current assets on remaining earnings		8.00%
Total tax liability					$ 8,500
Federal operating loss carryforwards					261,521
State operating loss carryforwards					164,331
Foreign operating loss carryforwards					2,056,156
Israeli subsidiary loss carryforwards					79,851
Interest and penalties accrued drelated to unrecognized tax benefits			$ 9,165		$ 1,415
Tax rate after amendment to investments law in Development area A		7.50%
Tax rate before amendment to investments law in Development area A		9.00%
Tax rate in other areas		16.00%
Tax rate for preferred technological enterprises (PTE) in other areas		12.00%
Tax rate if annual revenues exceed threshold limit		6.00%
Annual revenue \| ₪		₪ 10
Percentage of aualifying assets and International tax framework		100.00%
Global minimum tax rate		15.00%
Minimum [Member]
Income Taxes [Line Items]
Tax cuts and jobs act percent bonus depreciation domestic research cost expensing		25.00%
Maximum [Member]
Income Taxes [Line Items]
Tax cuts and jobs act percent bonus depreciation domestic research cost expensing		35.00%
Israel [Member] \| Subsidiaries [Member]
Income Taxes [Line Items]
Corporate tax rate (as a percent)		23.00%

STOCK CAPITAL (Summary of the Activity in the Share Options) (Details) - Employee Stock Option [Member] - Employees and Members of Board of Directors [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Number of options
Outstanding at the beginning of the period	283,419	317,416	339,029
Exercised	(10,400)	(33,331)	(21,613)
Forfeited or expired	(81,832)	(666)
Outstanding at the end of the period	191,187	283,419	317,416	339,029
Weighted average exercise price
Outstanding at the beginning of the period	$ 59.16	$ 53.38	$ 50.64
Exercised	21.23	5.18	10.48
Forfeited or expired	86.86	3.96
Outstanding at the end of the period	$ 49.37	$ 59.16	$ 53.38	$ 50.64
Weighted average remaining contractual term in years
Outstanding	1 year 4 months 24 days	3 years 5 months 1 day	4 years 18 days	4 years 10 months 9 days
Aggregate intrinsic Value
Outstanding	$ 950	$ 17	$ 17,366	$ 79,414
Exercised	$ 25	$ 750	$ 3,572
Vested and expected to vest at the end of the period
Number of options	191,187	283,382	317,166
Weighted average exercise price	$ 49.37	$ 59.13	$ 53.24
Weighted average remaining contractual term in years	1 year 4 months 24 days	3 years 5 months 8 days	4 years 18 days
Aggregate intrinsic Value	$ 950	$ 17	$ 17,366
Exercisable at the end of the period
Number of options	191,187	282,196	307,719
Weighted average exercise price	$ 49.37	$ 58.07	$ 47.7
Weighted average remaining contractual term in years	1 year 4 months 24 days	3 years 5 months 4 days	3 years 11 months 19 days
Aggregate intrinsic Value	$ 950	$ 17	$ 17,366

OTHER OPERATING EXPENSES, NET

12 Months Ended

Dec. 31, 2025

Other Operating Income Expenses [Abstract]

OTHER OPERATING EXPENSES, NET

NOTE 23: OTHER OPERATING EXPENSES, NET

	Year ended December 31,
	2025			2024		2023
Impairment of asset-held for sale	$	43,332		$	-	$	-
Loss from business disposition		17,982			-		-
Loss (gain) from sale of property, plant and equipment		(3,058	)		1,524		541
Impairment of intangible assets and goodwill		-			24,674		5,622
Impairment and disposal by abandonment of property, plant and equipment		5,799			224,772		25,168
Other		(5,717	)		8,557		(17	)
Total other operating expense, net	$	58,338		$	259,527	$	31,314

CONVERTIBLE SENIOR NOTES (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands				1 Months Ended	12 Months Ended
	Jul. 08, 2024	Jun. 28, 2024	Sep. 25, 2020	Mar. 31, 2025	Dec. 31, 2025	Dec. 31, 2024
Notes 2025 [Member]
Debt Instrument [Line Items]
Debt conversion, description			On September 25, 2020, the Company sold an aggregate principal amount of $632,500 of its 0.00% convertible senior notes, due 2025 (the “Notes 2025”). The Notes 2025 were sold pursuant to an indenture, dated September 25, 2020 (the “Indenture”), between the Company and U.S. Bank National Association, as trustee. The Notes 2025 did not bear regular interest and matured on September 15, 2025. The Notes 2025 were general senior unsecured obligations of the Company. The initial conversion rate for the Notes 2025 was 3.5997 shares of common stock per $1,000 principal amount of Notes 2025, which was equivalent to an initial conversion price of approximately $277.80 per share of common stock, subject to adjustment upon the occurrence of certain specified events as set forth in the Indenture. In March 2025 the Company repurchased $5,250 principal amount of its Notes 2025. The Company recorded a net gain of $146, under other income, net, from the repurchase. The Company settled all of its remaining Notes 2025 on September 15, 2025. As part of the settlement, the Company paid $342,250 in cash towards principal amount of the Notes 2025 and no shares were issued in connection with the settlement as the conversion value was less than the principal amount of the Notes 2025. Following the settlement, there were no Notes 2025 outstanding as of December 31, 2025.
Net proceeds from offering to repurchase					$ 267,900
Debt Instrument, Face Amount			$ 632,500		0	$ 347,500
Coupon rate			0.00%
Maturity date			Sep. 15, 2025
Conversion amount				$ 5,250	285,000
Paid cash for principal amount				342,250
Number of shares of common stock per $1,000 principal amount of Notes converted			3.5997
Amount of conversion			$ 1,000
Conversion price			$ 277,800
Other income gain				$ 146	$ 15,456
Notes 2029 [Member]
Debt Instrument [Line Items]
Debt conversion, description		On June 28, 2024, the Company sold an aggregate principal amount of $300,000 of its 2.25% convertible senior notes, due in 2029 (the “Notes 2029”). The Notes 2029 were sold pursuant to an indenture, dated June 28, 2024 (the “Indenture 2029”), between the Company and U.S. Bank National Association, as trustee. The Notes 2029 will bear interest at a rate of 2.25% per year, payable semiannually in arrears on January 1 and July 1 of each year, beginning on January 1, 2025. The Notes 2029 mature on July 1, 2029, unless repurchased, redeemed or converted in accordance with their terms prior to such date. The Notes 2029 are general senior unsecured obligations of the Company. Holders may convert their Notes 2029 at any time prior to the close of business on the business day immediately preceding April 1, 2029 in multiples of $1,000 principal amount, only under the following circumstances: (1) during any calendar quarter commencing after the calendar quarter ending on September 30, 2024 (and only during such calendar quarter), if the last reported sale price of the common stock for at least 20 trading days (whether or not consecutive) during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day; (2) during the five business day period after any five consecutive trading day period in which the trading price per $1,000 principal amount of the Notes 2029 for each trading day of that five consecutive trading day period was less than 98% of the product of the last reported sale price of the common stock and the conversion rate on each such trading day; or (3) upon the occurrence of specified corporate events or if the Company provides a notice of redemption as described in the Indenture 2029. In addition, holders may convert their Notes 2029, in multiples of $1,000 principal amount, at their option at any time beginning on or after April 1, 2029, and prior to the close of business on the second scheduled trading day immediately preceding the stated maturity date of the Notes 2029, without regard to the foregoing circumstances. The initial conversion rate for the Notes 2029 is 29.1375 shares of common stock per $1,000 principal amount of Notes 2029, which is equivalent to an initial conversion price of approximately $34.32 per share of common stock, subject to adjustment upon the occurrence of certain specified events as set forth in the Indenture 2029.			The Notes 2029 are not redeemable prior to July 6, 2027. On or after July 6, 2027, the Company may redeem the Notes 2029 at its option if the last reported sale price of the common stock has been at least 130% of the conversion price, then in effect, for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on and including the trading day immediately preceding the date on which the Company provides notice of redemption, at a redemption price equal to 100% of the principal amount of the Notes 2029 to be redeemed, plus accrued and unpaid interest, if any, up to, but excluding, the redemption date.
Proceeds from convertible debt					$ 293,200
Convertible debt net proceeds from offering					25,230
Debt Instrument, Face Amount		$ 300,000			$ 337,000	$ 337,000
Coupon rate		2.25%
Maturity date		Jul. 01, 2029
Conversion amount		$ 1,000
Number of shares of common stock per $1,000 principal amount of Notes converted		29.1375
Amount of conversion		$ 1,000
Conversion price		$ 34,320
Amortized term					3 years 6 months
Effective interest					2.75%
Market price per share of common stock exceeding initial cap price					$ 48.84
Notes 2029 [Member] \| Goldman Sachs & Co. LLC [Member]
Debt Instrument [Line Items]
Proceeds from convertible debt	$ 36,237
Convertible debt net proceeds from offering	3,111
Debt Instrument, Face Amount	$ 37,000
Notes 2029 [Member] \| Level 2 [Member]
Debt Instrument [Line Items]
Estimated fair value of notes					$ 401,084

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Schedule of fair values of outstanding derivative instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Designated cash flow hedges [Member] \| Prepaid expenses and other current assets [Member]
Derivative assets of options and forward contracts:
Total derivative assets	$ 705	$ 1,262

- Definition

Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement.

+ References + Details

PROPERTY, PLANT AND EQUIPMENT, NET (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Amount of impairment loss	$ 5,799	$ 224,772	$ 25,168
Depreciation expenses	$ 27,650	$ 51,966	$ 49,544

OTHER OPERATING EXPENSES, NET (Schedule of Other Opearting Expenses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Other Operating Income Expenses [Abstract]
Impairment of asset-held for sale	$ 43,332	$ 0	$ 0
Loss from business disposition	17,982	0	0
Loss (gain) from sale of property, plant and equipment	(3,058)	1,524	541
Impairment of intangible assets and goodwill	0	24,674	5,622
Impairment and disposal by abandonment of property, plant and equipment	5,799	224,772	25,168
Other	(5,717)	8,557	(17)
Total other operating expense, net	$ 58,338	$ 259,527	$ 31,314

LEASES (Tables)

12 Months Ended

Dec. 31, 2025

Lessee Disclosure [Abstract]

Schedule of Lease-related Assets and Liabilities

		As of December 31,
Description	Classification on the consolidated Balance Sheet	2025		2024
Assets:
Operating lease assets, net of lease incentive obligation	Operating lease right-of use assets, net	$	48,178	$	41,393
Finance lease assets	Property, plant and equipment, net		17,848		46,610
Total lease assets		$	66,026	$	88,003
Liabilities:
Operating leases short term	Accrued expenses and other current liabilities	$	15,959	$	11,861
Finance leases short term	Accrued expenses and other current liabilities		1,547		3,382
Operating leases long term	Operating lease liabilities		36,648		30,018
Finance leases long term	Finance lease liabilities		18,558		39,159
Total lease liabilities		$	72,712	$	84,420

Schedule of Information Related to Operating Finance Leases

	Year ended December 31,
	2025			2024
Finance leases:
Amortization of right-of-use-assets	$	3,239		$	3,127
Interest on lease liabilities	$	930		$	973
Weighted average remaining lease term in years		12.74			14.38
Weighted average annual discount rate		1.80	%		2.30	%
Operating leases:
Operating lease costs	$	15,310		$	17,503
Weighted average remaining lease term in years		10.43			10.67
Weighted average annual discount rate		6.28	%		4.76	%

Schedule of Supplemental Cash Flow Information Related to Leases

	Year ended December 31,
	2025		2024
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows for operating leases	$	15,849	$	17,685
Operating cash flows for finance leases	$	323	$	350
Financing cash flows for finance leases	$	3,285	$	2,877

Schedule of Operating and Finance lease liabilities

	Operating Leases			Finance Leases
2026	$	16,495		$	1,557
2027		6,730			1,557
2028		5,107			1,557
2029		4,009			1,588
2030		3,916			1,681
Thereafter		30,702			14,609
Total lease payments	$	66,959		$	22,549
Less amount of lease payments representing interest		(14,352	)		(2,444	)
Present value of future lease payments	$	52,607		$	20,105
Less current lease liabilities		(15,959	)		(1,547	)
Long-term lease liabilities	$	36,648		$	18,558

INCOME TAXES (Schedule of reconciliation of the provision for income taxes after the adoption of ASU 2023-09) (Details) - USD ($)
$ in Thousands

1 Months Ended

12 Months Ended

Dec. 22, 2017

Dec. 31, 2025

Dec. 31, 2024

Dec. 31, 2023

Amount

US Federal statutory tax rate

$ (82,132)

State and local income taxes, net of federal income tax effect: State tax

^[1]

2,593

Changes in Valuation Allowances

12,610

Non-taxable and other (mainly government grants)

(73,734)

Non-deductible capital loss

23,360

Changes in unrecognized tax benefits

4,573

Income taxes, net

$ 13,382

$ 96,150

$ 46,420

Percent

US Federal statutory tax rate

35.00%

21.00%

State and local income taxes, net of federal income tax effect: State tax

^[1]

(0.70%)

Foreign Tax Effects: Statutory tax rate difference between Israel and United States

15.50%

Changes in Valuation Allowances

(3.20%)

(26.09%)

27.70%

Non-taxable and other (mainly government grants)

19.00%

Non-deductible capital loss

(6.00%)

Changes in unrecognized tax benefits

(1.20%)

Effective tax rate

(3.40%)

(5.63%)

57.20%

Foreign Tax Jurisdiction [Member] | Israel Tax Authority [Member]

Amount

Foreign Tax Effects: Statutory tax rate difference between Israel and United States

$ (11,516)

Foreign Tax Effects: Changes in valuation allowances

68,509

Foreign Tax Effects: Preferred enterprise

58,877

Foreign Tax Effects: Other

$ 5,225

Percent

Foreign Tax Effects: Statutory tax rate difference between Israel and United States

2.90%

Foreign Tax Effects: Changes in valuation allowances

(17.50%)

Foreign Tax Effects: Preferred enterprise

(15.10%)

Foreign Tax Effects: Other

(1.30%)

Foreign Tax Jurisdiction [Member] | Tax and Customs Administration, Netherlands [Member]

Amount

Foreign Tax Effects: Non-taxable income resulting from reversal of bad debt

$ 6,168

Foreign Tax Effects: Other

$ (1,151)

Percent

Foreign Tax Effects: Non-taxable income resulting from reversal of bad debt

(1.60%)

Foreign Tax Effects: Other

0.30%

[1]	The state that contributes to the majority (greater than 50%) of the tax effect in this category is California.

STOCK CAPITAL (Schedule of Recognized Stock-Based Compensation Expenses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expenses	$ 92,545	$ 137,251	$ 149,945
Total stock-based compensation capitalized	3,049	5,026	4,126
Cost of revenues [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expenses	16,022	21,952	23,200
Research and development [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expenses	44,890	62,546	66,944
Sales and marketing [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expenses	17,730	27,328	30,987
General and administrative [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expenses	13,903	25,425	28,814
Inventories [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation capitalized	1,693	3,100	2,460
Other long-term assets [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation capitalized	$ 1,356	$ 1,926	$ 1,666

MARKETABLE SECURITIES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Marketable Securities Schedule Of Contractual Maturities Details [Abstract]
Proceeds from maturity of available-for-sale	$ 713,413	$ 719,454	$ 277,382
Proceeds from sale of available-for-sale securities	$ 76,288	114,564	2,807
Realized gains (loss)		$ 2,966	$ (125)

SUBSEQUENT EVENTS (Narrative) (Details) $ in Thousands	Feb. 11, 2026 USD ($)
Subsequent Event [Member] \| Solaredge E Mobility [Member]
Subsequent Event [Line Items]
Proceeds from sale of discontinued operations	$ 12,000

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net income (loss)	$ (405,448)	$ (1,806,357)	$ 34,329
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	30,511	59,865	57,196
Provision to write down inventories to net realizable value	17,827	738,757	46,369
Impairment of asset held-for-sale	42,746	0	0
Loss on impairment and disposal of property, plant and equipment	5,799	224,772	25,168
Stock-based compensation expenses	92,545	137,251	149,945
Loss from business disposition	17,875	0	0
Impairment of goodwill and intangible assets	0	24,674	5,622
Impairment of privately-held companies	21,587	5,000	482
Deferred income taxes, net	(761)	79,209	(43,071)
Gain from repurchasing of convertible notes	0	(15,456)	0
Loss (gain) from exchange rate fluctuations	2,594	11,918	(26,878)
Loss (gain) from sale of property, plant and equipment	(3,058)	1,522	542
Cumulative translation adjustment, including intra-entity transactions that are of a long-term investment reclassified from other comprehensive income (loss)	58,916	0	0
Other items	866	1,508	7,140
Changes in assets and liabilities:
Trade receivables, net	(105,923)	451,707	296,429
Inventories, net	97,230	67,799	(737,223)
Prepaid expenses and other assets	107,055	7,369	(113,387)
Operating lease right-of-use assets, net	11,342	15,805	16,525
Trade payables	164,808	(405,990)	(58,081)
Warranty obligations	(72,101)	(85,541)	133,090
Deferred revenues and customers advances	(5,781)	119,519	39,632
Operating lease liabilities	(13,360)	(15,829)	(15,981)
Accrued expenses and other liabilities	38,992	69,179	2,039
Net cash provided by (used in) operating activities	104,261	(313,319)	(180,113)
Cash flows from investing activities:
Investment in available-for-sale marketable securities	(471,158)	(253,431)	(296,396)
Proceeds from maturities of available-for-sale marketable securities	713,413	719,454	277,382
Proceeds from sales of available-for-sale marketable securities	76,288	114,564	2,807
Purchase of property, plant and equipment	(23,467)	(108,163)	(170,523)
Proceeds from sale of investment in privately-held company	4,000	0	0
Business dispositions, net of cash sold	(7,322)	0	280
Business combinations, net of cash acquired	0	(10,417)	(16,653)
Proceeds from sale of property, plant and equipment	37,642	1,876	0
Advance related to held-for-sale asset	7,000	0	0
Purchase of intangible assets	0	(10,000)	(10,600)
Disbursements for loans receivables	0	(37,500)	(58,000)
Investment in privately-held companies	(300)	(25,664)	(8,000)
Proceeds from loans receivables	53,585	32,150	0
Proceeds from governmental grant	0	0	6,794
Repayment related to governmental grant	(6,643)	0	0
Other investing activities	(3,156)	(6,583)	4,015
Net cash provided by (used in) investing activities	379,882	416,286	(268,894)
Cash flows from financing activities:
Repurchase of common stock	0	(50,194)	0
Repurchase of convertible debt	(5,093)	(267,900)	0
Proceeds from issuance of Notes 2029, net of issuance costs	0	329,214	0
Capped call transactions related to Notes 2029	0	(28,342)	0
Repayment of convertible notes at maturity	(342,250)	0	0
Tax withholding in connection with stock-based awards, net	2,665	(281)	(9,259)
Other financing activities	(4,212)	(2,626)	(2,697)
Net cash used in financing activities	(348,890)	(20,129)	(11,956)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	3,344	(11,367)	16,319
Increase (decrease) in cash, cash equivalents and restricted cash including cash classified within current held-for-sale assets	138,597	71,471	(444,644)
Less: change in cash classified within current held-for-sale assets	(8,690)	0	0
Increase (decrease) in cash, cash equivalents, and restricted cash	129,907	71,471	(444,644)
Cash, cash equivalents and restricted cash, beginning of period	409,939	338,468	783,112
Cash, cash equivalents and restricted cash, end of period	539,846	409,939	338,468
Supplemental disclosure of non-cash activities:
Purchase of intangible assets and business combinations	0	0	11,307
Issuance of Common stock under employee stock purchase plan	13,942	18,468	20,693
Right-of-use asset recognized with corresponding lease liability including changes in lease liabilities from lease modifications and terminations	(2,214)	2,931	18,077
Purchase of property, plant and equipment	1,466	5,783	6,323
Supplemental disclosure of cash flow information:
Cash paid for income taxes,net	31,788	17,004	137,981
Cash paid for interest on convertible debt and bank loans	$ 3,887	$ 62	$ 70

WARRANTY OBLIGATIONS (Tables)

12 Months Ended

Dec. 31, 2025

Product Warranties Disclosures [Abstract]

Schedule of Warranty Obligations

	Year ended December 31,
	2025			2024			2023
Balance, at the beginning of the period	$	432,365		$	518,244		$	385,057
Accruals for warranty during the period		69,713			60,137			250,266
Changes in estimates		(26,506	)		(5,345	)		20,017
Settlements		(117,683	)		(140,671	)		(137,096	)
Balance, at end of the period		357,889			432,365			518,244
Less current portion		(89,330	)		(140,249	)		(183,047	)
Long-term portion	$	268,559		$	292,116		$	335,197

SEGMENT, GEOGRAPHIC AND PRODUCT INFORMATION (Schedule of Long-lived Assets By Geographic Location) (Details) - USD ($)
$ in Thousands

Dec. 31, 2025

Dec. 31, 2024

Revenues from External Customers and Long-Lived Assets [Line Items]

Total long-lived assets

^[1]

$ 317,529

$ 384,831

Israel [Member]

Revenues from External Customers and Long-Lived Assets [Line Items]

Total long-lived assets

224,276

266,254

United States [Member]

Revenues from External Customers and Long-Lived Assets [Line Items]

Total long-lived assets

76,510

87,715

Europe [Member]

Revenues from External Customers and Long-Lived Assets [Line Items]

Total long-lived assets

11,114

19,741

Others [Member]

Revenues from External Customers and Long-Lived Assets [Line Items]

Total long-lived assets

$ 5,629

$ 11,121

[1]	Long-lived assets are comprised of property and equipment, net and Operating lease right-of-use assets, net.

INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS, NET

NOTE 9: INTANGIBLE ASSETS, NET

Acquired intangible assets consisted of the following as of December 31, 2025, and 2024:

	As of December 31, 2025							As of December 31, 2024
	Gross carrying amount		Accumulated amortization			Net carrying amount		Gross carrying amount		Accumulated amortization			Net carrying amount
Current technology	$	11,183	$	(4,936	)	$	6,247	$	10,675	$	(2,753	)	$	7,922
Customer relationships		1,548		(1,548	)		-		1,526		(1,216	)		310
Trade names		1,326		(946	)		380		1,279		(464	)		815
Assembled workforce		-		-			-		3,575		(3,575	)		-
Patents		2,000		(1,498	)		502		2,000		(1,381	)		619
Total	$	16,057	$	(8,928	)	$	7,129	$	19,055	$	(9,389	)	$	9,666

Amortization expenses for the years ended December 31, 2025, 2024 and 2023, were $2,861, $7,899 and $7,652, respectively.

Expected future amortization expenses of intangible assets as of December 31, 2025 are as follows:

2026	$	2,322
2027		2,194
2028		1,025
2029		636
2030		636
Thereafter		316
	$	7,129

CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Statement [Abstract]
Revenues	$ 1,184,444	$ 901,456	$ 2,976,528
Cost of revenues	988,163	1,778,660	2,272,705
Gross profit (loss)	196,281	(877,204)	703,823
Operating expenses:
Research and development	221,255	277,237	321,482
Sales and marketing	117,332	146,865	164,318
General and administrative	101,035	147,455	146,504
Other operating expenses, net	58,338	259,527	31,314
Total operating expenses	497,960	831,084	663,618
Operating income (loss)	(301,679)	(1,708,288)	40,205
Financial income (expense), net	(71,999)	(14,570)	41,212
Other income (loss), net	(17,428)	14,547	(318)
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest, Total	(391,106)	(1,708,311)	81,099
Income taxes	(13,382)	(96,150)	(46,420)
Net loss from equity method investments	(960)	(1,896)	(350)
Net income (loss)	$ (405,448)	$ (1,806,357)	$ 34,329
Net basic earnings (loss) per share of common stock	$ (6.88)	$ (31.64)	$ 0.61
Net diluted earnings (loss) per share of common stock	$ (6.88)	$ (31.64)	$ 0.6
Weighted average number of shares used in computing net basic earnings (loss) per share of common stock	58,954,380	57,082,182	56,557,106
Weighted average number of shares used in computing net diluted earnings (loss) per share of common stock	58,954,380	57,082,182	57,237,518

FINANCIAL INCOME (EXPENSE), NET

12 Months Ended

Dec. 31, 2025

Nonoperating Income (Expense) [Abstract]

FINANCIAL INCOME (EXPENSE), NET

NOTE 26: FINANCIAL INCOME (EXPENSE), NET

	Year ended December 31,
	2025			2024			2023
Exchange rate (loss) gain, net	$	(66,374	)	$	(13,513	)	$	24,181
Interest income on marketable securities		5,660			17,893			25,668
Allowance for credit losses allocated to loan receivables		7,922			(17,528	)		(144	)
Convertible note		(10,321	)		(6,926	)		(2,930	)
Hedging		(2,967	)		802			2,337
Financing component expenses related to ASC 606		(14,522	)		(11,805	)		(9,773	)
Interest income		10,777			16,427			7,494
Interest expense		(1,376	)		(1,156	)		(1,269	)
Other		(798	)		1,236			(4,352	)
Total financial income (expenses), net	$	(71,999	)	$	(14,570	)	$	41,212

INVENTORIES, NET

12 Months Ended

Dec. 31, 2025

Inventory Disclosure [Abstract]

INVENTORIES, NET

NOTE 5: INVENTORIES, NET

	As of December 31,
	2025		2024
Raw materials	$	306,288	$	209,259
Work in process		-		3,113
Finished goods		246,344		433,525
	$	552,632	$	645,897

The Company recorded inventory write-downs of $17,827, $738,757 and $46,369 for the years ended December 31, 2025, 2024 and 2023, respectively.

LEASES

12 Months Ended

Dec. 31, 2025

Lessee Disclosure [Abstract]

LEASES

NOTE 8: LEASES

The following table summarizes the Company’s lease-related assets and liabilities recorded in the consolidated balance sheets:

		As of December 31,
Description	Classification on the consolidated Balance Sheet	2025		2024
Assets:
Operating lease assets, net of lease incentive obligation	Operating lease right-of use assets, net	$	48,178	$	41,393
Finance lease assets	Property, plant and equipment, net		17,848		46,610
Total lease assets		$	66,026	$	88,003
Liabilities:
Operating leases short term	Accrued expenses and other current liabilities	$	15,959	$	11,861
Finance leases short term	Accrued expenses and other current liabilities		1,547		3,382
Operating leases long term	Operating lease liabilities		36,648		30,018
Finance leases long term	Finance lease liabilities		18,558		39,159
Total lease liabilities		$	72,712	$	84,420

The following table presents certain information related to the operating and finance leases:

	Year ended December 31,
	2025			2024
Finance leases:
Amortization of right-of-use-assets	$	3,239		$	3,127
Interest on lease liabilities	$	930		$	973
Weighted average remaining lease term in years		12.74			14.38
Weighted average annual discount rate		1.80	%		2.30	%
Operating leases:
Operating lease costs	$	15,310		$	17,503
Weighted average remaining lease term in years		10.43			10.67
Weighted average annual discount rate		6.28	%		4.76	%

The following table presents supplemental cash flows information related to the lease costs for operating and finance leases:

	Year ended December 31,
	2025		2024
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows for operating leases	$	15,849	$	17,685
Operating cash flows for finance leases	$	323	$	350
Financing cash flows for finance leases	$	3,285	$	2,877

The following table reconciles the undiscounted cash flows for each of the first five years and the total of the remaining years of the operating and finance lease liabilities recorded in the consolidated balance sheets:

	Operating Leases			Finance Leases
2026	$	16,495		$	1,557
2027		6,730			1,557
2028		5,107			1,557
2029		4,009			1,588
2030		3,916			1,681
Thereafter		30,702			14,609
Total lease payments	$	66,959		$	22,549
Less amount of lease payments representing interest		(14,352	)		(2,444	)
Present value of future lease payments	$	52,607		$	20,105
Less current lease liabilities		(15,959	)		(1,547	)
Long-term lease liabilities	$	36,648		$	18,558

As of December 31, 2025, a lease previously classified as a finance lease was reclassified as an operating lease following an approximately 40% reduction in the leased asset’s scope.

As of December 31, 2025, the Company has a non-cancelable lease commitment for the initial term of the lease of approximately $274,237 for new offices in Israel, which has not yet commenced. The lease is expected to commence during the next twelve months. The initial term of the lease agreement is 15 years commencing on the transfer of possession, and with an option to extend the lease for additional periods of up to 10 years, subject to the conditions of the lease agreement. In November 2025, the Company amended its lease agreement with the developer of its new campus to reduce the leased area. In connection with the amendment, the Company agreed to make a lease modification payment of $28,828, recorded under other long-term assets, which is accounted for as prepaid lease consideration under ASC 842, of which $3,143 had been paid as of December 31, 2025.

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Dec. 31, 2025

Accumulated Other Comprehensive Income Loss [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 21: ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

	Unrealized gains (losses) on available-for-sale marketable securities			Unrealized gains (losses) on cash flow hedges			Foreign currency translation adjustments on intra-entity transactions that are of a long-term investment in nature			Unrealized gains (losses) on foreign currency translation			Total
Beginning balance as of January 1, 2023	$	(25,449	)	$	(1,761	)	$	(37,960	)	$	(7,939	)	$	(73,109	)
Revaluation		25,898			(1,973	)		(5,375	)		5,409			23,959
Tax on revaluation		(5,487	)		(17	)		-			-			(5,504	)
Other comprehensive income (loss) before reclassifications		20,411			(1,990	)		(5,375	)		5,409			18,455
Reclassification		107			8,325			-			-			8,432
Tax on reclassification		(29	)		(634	)		-			-			(663	)
Losses reclassified from accumulated other comprehensive income		78			7,691			-			-			7,769
Net current period other comprehensive (income) loss		20,489			5,701			(5,375	)		5,409			26,224
Ending balance as of December 31, 2023	$	(4,960	)	$	3,940		$	(43,335	)	$	(2,530	)	$	(46,885	)
Revaluation		8,782			(678	)		(35,379	)		3,890			(23,385	)
Tax on revaluation		(1,995	)		233			-			-			(1,762	)
Other comprehensive income (loss) before reclassifications		6,787			(445	)		(35,379	)		3,890			(25,147	)
Reclassification		(2,966	)		(2,538	)		-			-			(5,504	)
Tax on reclassification		754			305			-			-			1,059
Losses reclassified from accumulated other comprehensive income		(2,212	)		(2,233	)		-			-			(4,445	)
Net current period other comprehensive (income) loss		4,575			(2,678	)		(35,379	)		3,890			(29,592	)
Ending balance as of December 31, 2024	$	(385	)	$	1,262		$	(78,714	)	$	1,360		$	(76,477	)
Revaluation		577			8,759			1,207			4,669			15,212
Tax on revaluation		-			(1,118	)		-			-			(1,118	)
Other comprehensive income (loss) before reclassifications		577			7,641			1,207			4,669			14,094
Reclassification		2			(9,316	)		65,667			(6,751	)		49,602
Tax on reclassification		-			1,118			-			-			1,118
Losses (gains) reclassified from accumulated other comprehensive income		2			(8,198	)		65,667			(6,751	)		50,720
Net current period other comprehensive income (loss)		579			(557	)		66,874			(2,082	)		64,814
Ending balance as of December 31, 2025	$	194		$	705		$	(11,840	)	$	(722	)	$	(11,663	)

The following table provides details about reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2025, 2024 and 2023:

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)									Affected Line Item in the Statement of Income (loss)
	2025			2024			2023
Unrealized gains (losses) on available-for-sale marketable securities
	$	(2	)	$	2,966		$	(107	)	Financial income (expenses), net
		-			(754	)		29		Income taxes
	$	(2	)	$	2,212		$	(78	)	Total, net of income taxes
Unrealized gains (losses) on cash flow hedges
		1,402			296			(964	)	Cost of revenues
		5,133			1,487			(4,981	)	Research and development
		1,128			327			(1,057	)	Sales and marketing
		1,653			428			(1,323	)	General and administrative
	$	9,316		$	2,538		$	(8,325	)	Total, before income taxes
		(1,118	)		(305	)		634		Income taxes
	$	8,198		$	2,233		$	(7,691	)	Total, net of income taxes
Adjustment for substantial completion of liquidation of certain foreign subsidiaries
Foreign currency translation adjustments on intra-entity transactions that are of a long-term investment in nature		(65,667	)		-			-		Financial income (expenses), net
Foreign currency translation adjustments, net		6,751			-			-		Financial income (expenses), net
		(58,916	)		-			-
Total reclassifications for the period	$	(50,720	)	$	4,445		$	(7,769	)

LEASES (Narrative) (Details) $ in Thousands	12 Months Ended
LEASES (Narrative) (Details) $ in Thousands	Dec. 31, 2025 USD ($)
Lessee, Lease, Description [Line Items]
Value of operating lease not yet commenced	$ 274,237
Term of operating lease not yet commenced	15 years
Extendable term of operating lease	10 years
Reduce Lease Liability	40.00%
Lease modification payment	$ 28,828
Prepaid lease	$ 3,143

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2025

Payables and Accruals [Abstract]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

NOTE 16: ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

	As of December 31,
	2025		2024
Accrued expenses	$	211,136	$	166,699
Government authorities		20,493		51,705
Operating lease liabilities		15,959		11,861
Accrual for sales incentives		24,102		11,671
Provision for legal claims		13,199		350
Liabilities held for sale		7,592		-
Other		5,338		3,792
Total accrued expenses and other current liabilities	$	297,819	$	246,078

SEGMENT, GEOGRAPHIC AND PRODUCT INFORMATION (Schedule of Reportable Segments and Operating Income) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2025

Dec. 31, 2024

Dec. 31, 2023

Segment Reporting Information [Line Items]

Revenues

$ 1,184,444

$ 901,456

$ 2,976,528

Less:

Direct costs of goods

825,718

658,737

1,600,660

Salaries

^[1]

439,205

509,711

560,401

Inventory costs

28,027

785,616

61,861

Shipment and logistics

41,446

35,515

76,096

Warranty

32,448

68,442

310,186

Depreciation and amortization

30,511

59,865

57,196

Directly related overhead costs

60,013

54,252

50,795

Other

^[2]

46,183

423,059

219,446

Financial (income) expense, net

71,999

14,570

(41,212)

Income taxes

13,382

96,150

46,420

Net loss from equity method investments

960

1,896

350

Net income (loss)

$ (405,448)

$ (1,806,357)

$ 34,329

[1]	Including stock-based compensation expenses.
[2]	Represents indirect costs of goods, consultants and sub-contractors, marketing, bad debt and impairments and dispositions.

GOODWILL (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Accumulated goodwill impairment losses	$ 92,355	$ 92,355

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Values of Outstanding Derivative Instruments

	Balance sheet location	December 31, 2025		December 31, 2024
Derivative assets of options and forward contracts:
Designated cash flow hedges	Prepaid expenses and other current assets	$	705	$	1,262

Schedule of Gains (Losses) on Derivative Instruments Recognized in Our Income Statements

		Year ended December 31,
	Affected line item	2025			2024			2023
Foreign exchange contracts
Non Designated Hedging Instruments	Consolidated Statements of Income (loss) - Financial income (expense), net	$	(2,967	)	$	802		$	2,337
Designated Hedging Instruments	Consolidated Statements of Comprehensive Income (loss) - Cash flow hedges	$	7,641		$	(445	)	$	(1,990	)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2025

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Allowance for Credit Losses

	As of December 31,
	2025			2024
Balance, at the beginning of the period	$	43,038		$	16,400
Increase in provision for expected credit losses		7,784			33,799
Recoveries collected		(26,347	)		(5,809	)
Amounts written off charged against the allowance		(9,363	)		(66	)
Foreign currency translation		2,112			(1,286	)
Balance, at the end of the period	$	17,224		$	43,038

Schedule of Estimated Useful Lives of Property and Equipment

		%
Buildings and plants		5.7
Computers and peripheral equipment		14.3-33 (mainly 14.3)
Office furniture and equipment		7-20 (mainly 7)
Machinery and equipment		10-20 (mainly 10)
Laboratory and testing equipment		15-20 (mainly 15)
Leasehold improvements		over the shorter of the lease term or useful economic life

Schedule of Estimated Useful Lives of Intangible Assets

		%
Current technology		14.3-20 (mainly 20)
Trade names		20-50 (mainly 20)
Patents		9.5-10 (mainly 9.5)

Employee Stock Option [Member] | Employees and Members of Board of Directors [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Assumptions Used to Estimate Fair Value of Stock Options and Warrants

	Year ended December 31,
	2025	2024	2023
ESPP
Risk-free interest	3.74% - 4.36%	4.42% - 5.42%	5.38% - 5.46%
Dividend yields	0%	0%	0%
Volatility	111.24% - 113.95%	70.94% - 104.93%	56.44% - 66.78%
Expected term	6 months	6 months	6 months
PSU
Risk-free interest	4.43%	3.9% - 4.2%	4.09%
Dividend yields	0%	0%	0%
Volatility	73.75%	65.18% - 76.7%	71.60%
Expected term	3 years	2 - 3 years	3 years

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2025
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 28: SUBSEQUENT EVENTS On February 11, 2026, as part of the decision to discontinue its LCV e-Mobility activity, the Company completed the sale of its remaining e-Mobility activity for an amount of $12,000.

DEFERRED REVENUES AND CUSTOMERS ADVANCES (Schedule of Balances of Deferred Revenues) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Revenue Recognition and Deferred Revenue [Abstract]
Balance, at the beginning of the period	$ 371,919	$ 255,443	$ 213,577
Revenue recognized	(138,587)	(41,035)	(29,650)
Increase in deferred revenues and customer advances	130,367	157,511	71,516
Balance, at the end of the period	363,699	371,919	255,443
Less current portion	(70,371)	(140,870)	(40,836)
Long-term portion	$ 293,328	$ 231,049	$ 214,607

OTHER LONG TERM ASSETS (Tables)

12 Months Ended

Dec. 31, 2025

Other Assets, Noncurrent [Abstract]

Schedule of Other Long Term Assets

	As of December 31,
	2025		2024
Payments made before lease commencement	$	28,828	$	-
Cloud computing arrangements		37,972		29,366
Investments in privately held companies		-		20,976
Severance pay fund		-		9,185
Prepaid expenses and other		766		5,209
Total other long term assets	$	67,566	$	64,736

CONVERTIBLE SENIOR NOTES

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

CONVERTIBLE SENIOR NOTES

NOTE 17: CONVERTIBLE SENIOR NOTES

On September 25, 2020, the Company sold an aggregate principal amount of $632,500 of its 0.00% convertible senior notes, due 2025 (the “Notes 2025”). The Notes 2025 were sold pursuant to an indenture, dated September 25, 2020 (the “Indenture”), between the Company and U.S. Bank National Association, as trustee. The Notes 2025 did not bear regular interest and matured on September 15, 2025. The Notes 2025 were general senior unsecured obligations of the Company. The initial conversion rate for the Notes 2025 was 3.5997 shares of common stock per $1,000 principal amount of Notes 2025, which was equivalent to an initial conversion price of approximately $277.80 per share of common stock, subject to adjustment upon the occurrence of certain specified events as set forth in the Indenture. In March 2025 the Company repurchased $5,250 principal amount of its Notes 2025. The Company recorded a net gain of $146, under other income, net, from the repurchase. The Company settled all of its remaining Notes 2025 on September 15, 2025. As part of the settlement, the Company paid $342,250 in cash towards principal amount of the Notes 2025 and no shares were issued in connection with the settlement as the conversion value was less than the principal amount of the Notes 2025. Following the settlement, there were no Notes 2025 outstanding as of December 31, 2025.

On June 28, 2024, the Company sold an aggregate principal amount of $300,000 of its 2.25% convertible senior notes, due in 2029 (the “Notes 2029”). The Notes 2029 were sold pursuant to an indenture, dated June 28, 2024 (the “Indenture 2029”), between the Company and U.S. Bank National Association, as trustee. The Notes 2029 will bear interest at a rate of 2.25% per year, payable semiannually in arrears on January 1 and July 1 of each year, beginning on January 1, 2025. The Notes 2029 mature on July 1, 2029, unless repurchased, redeemed or converted in accordance with their terms prior to such date. The Notes 2029 are general senior unsecured obligations of the Company. Holders may convert their Notes 2029 at any time prior to the close of business on the business day immediately preceding April 1, 2029 in multiples of $1,000 principal amount, only under the following circumstances: (1) during any calendar quarter commencing after the calendar quarter ending on September 30, 2024 (and only during such calendar quarter), if the last reported sale price of the common stock for at least 20 trading days (whether or not consecutive) during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day; (2) during the five business day period after any five consecutive trading day period in which the trading price per $1,000 principal amount of the Notes 2029 for each trading day of that five consecutive trading day period was less than 98% of the product of the last reported sale price of the common stock and the conversion rate on each such trading day; or (3) upon the occurrence of specified corporate events or if the Company provides a notice of redemption as described in the Indenture 2029. In addition, holders may convert their Notes 2029, in multiples of $1,000 principal amount, at their option at any time beginning on or after April 1, 2029, and prior to the close of business on the second scheduled trading day immediately preceding the stated maturity date of the Notes 2029, without regard to the foregoing circumstances. The initial conversion rate for the Notes 2029 is 29.1375 shares of common stock per $1,000 principal amount of Notes 2029, which is equivalent to an initial conversion price of approximately $34.32 per share of common stock, subject to adjustment upon the occurrence of certain specified events as set forth in the Indenture 2029.

Upon conversion, the Company may choose to pay or deliver, as the case may be, cash, shares of common stock or a combination of cash and shares of common stock.

In addition, upon the occurrence of a fundamental change (as defined in the Indenture 2029), holders of the Notes 2029 may require the Company to repurchase all or a portion of their Notes 2029, in multiples of $1,000 principal amounts, at a repurchase price of 100% of the principal amount of the Notes 2029, plus any accrued and unpaid interest, if any, up to, but not including, the repurchase date. If certain fundamental changes referred to as make-whole fundamental changes occur, the conversion rate for the Notes 2029 may be increased.

The Notes 2029 are not redeemable prior to July 6, 2027. On or after July 6, 2027, the Company may redeem the Notes 2029 at its option if the last reported sale price of the common stock has been at least 130% of the conversion price, then in effect, for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on and including the trading day immediately preceding the date on which the Company provides notice of redemption, at a redemption price equal to 100% of the principal amount of the Notes 2029 to be redeemed, plus accrued and unpaid interest, if any, up to, but excluding, the redemption date.

The net proceeds from the offering of the Notes 2029 were approximately $293,200, after deducting fees and estimated expenses. Congruently, the Company has entered into capped call transactions (as detailed below). The Company used approximately $25,230 of the net proceeds from this offering to pay the cost of the capped call transactions. The Company also used approximately $267,900 of the net proceeds, from this offering, to repurchase $285,000 principal amount of its Notes 2025. In June 2024, the Company recorded under other income (loss), net a gain of $15,456 from the repurchase of Notes 2025.

The Company accounts for the Notes 2029 at amortized cost, as a single unit of account on the balance sheet. The carrying value of the liability is represented by the face amount of the Notes 2029, less debt issuance costs, adjusted for any amortization of issuance costs. Issuance costs are being amortized as interest expense over the term of the Notes 2029, using the effective interest rate method.

The capped call transactions are expected generally to reduce the potential dilution to the common stock upon any conversion of the Notes 2029 and/or offset any cash payments the Company is required to make in excess of the principal amount of converted Notes 2029, as the case may be, in the event that the market price per share of common stock, as measured under the terms of the capped call transactions, is greater than the strike price of the capped call transactions. The strike price initially corresponds to the conversion price of the Notes and is subject to customary anti-dilution adjustments. If, however, the market price per share of common stock exceeds $48.84, the initial cap price of the capped call transactions, there would nevertheless be unmitigated dilution and/or no offset of any cash payments, in each case, attributable to the amount by which the market price of the common stock exceeds the cap price. The cap price is subject to certain customary adjustments under the terms of the capped call transactions.

The capped call transactions are considered a freestanding instrument as they were entered into separately and apart from Notes 2029. In addition, the conversion or redemption of the Notes 2029 would not automatically result in the exercise of the capped call.

As the capped call transactions are indexed to the Company's common stock, they were recorded as a reduction of additional paid-in capital in the consolidated balance sheets.

On July 8, 2024 the Company sold to Goldman Sachs & Co. LLC, as representative of the several initial purchasers (the “Initial Purchasers”), and the Initial Purchasers purchased from the Company, $37,000 aggregate principal amount of additional Notes 2029. The additional Notes 2029 were sold pursuant to the Initial Purchasers’ exercise of the option granted by the Company to the Initial Purchasers to purchase additional Notes 2029, solely to cover over-allotments, under the purchase agreement.

The net proceeds from the exercise of the option granted by the Company to the Initial Purchasers of the Notes 2029 were approximately $36,237, after deducting fees and estimated expenses. Congruently, the Company has entered into additional capped call transactions. The Company used approximately $3,111 of the net proceeds from this offering to pay the cost of the additional capped call transactions. The Company intends to use the remainder of the net proceeds from the offering for general corporate purposes.

The Convertible Senior Notes consisted of the following as of December 31, 2025 and December 31, 2024:

	As of December 31,
	2025			2024
Notes 2025
Principal	$	-		$	347,500
Unamortized issuance costs		-			(1,195	)
Net carrying amount Notes 2025	$	-		$	346,305
Notes 2029
Principal		337,000			337,000
Unamortized issuance costs		(5,439	)		(6,994	)
Net carrying amount Notes 2029		331,561			330,006

Total notes carrying amount	$	331,561		$	676,311

Costs related to the Notes 2025 and the Notes 2029 were as follows:

	Year ended December 31,
	2025		2024		2023
Notes 2025
Debt issuance cost	$	1,183	$	2,280	$	2,930
Notes 2029
Debt issuance cost	$	1,555	$	792	$	-
Contractual interest expense	$	7,583	$	3,854	$	-

As of December 31, 2025, the unamortized issuance costs of the Notes 2029 will be amortized over the remaining term of approximately 3.5 years.

The annual effective interest rate of the Notes 2029 is 2.75%.

As of December 31, 2025, the estimated fair value of the Notes 2029, which the Company has classified as Level 2 financial instruments, is $401,084. The estimated fair value was determined based on the quoted bid price of the Convertible Senior Notes in an over-the-counter market on the last trading day of the reporting period.

As of December 31, 2025, the if-converted value of the Notes 2029 did not exceed the principal amount.

LEASES (Schedule of Lease-Related Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Assets:
Operating lease assets, net of lease incentive obligation	$ 48,178	$ 41,393
Total lease assets	66,026	88,003
Liabilities:
Operating leases long term	36,648	30,018
Finance leases long term	18,558	39,159
Total lease liabilities	72,712	84,420
Accrued expenses and other current liabilities [Member]
Liabilities:
Operating leases short term	15,959	11,861
Finance leases short term	1,547	3,382
Operating lease liabilities [Member]
Liabilities:
Operating leases long term	36,648	30,018
Other long term liabilities [Member]
Liabilities:
Finance leases long term	18,558	39,159
Operating lease right-of use assets, net
Assets:
Operating lease assets, net of lease incentive obligation	48,178	41,393
Property, plant and equipment, net
Assets:
Finance lease assets	$ 17,848	$ 46,610

INTANGIBLE ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Acquired Intangible Assets

	As of December 31, 2025							As of December 31, 2024
	Gross carrying amount		Accumulated amortization			Net carrying amount		Gross carrying amount		Accumulated amortization			Net carrying amount
Current technology	$	11,183	$	(4,936	)	$	6,247	$	10,675	$	(2,753	)	$	7,922
Customer relationships		1,548		(1,548	)		-		1,526		(1,216	)		310
Trade names		1,326		(946	)		380		1,279		(464	)		815
Assembled workforce		-		-			-		3,575		(3,575	)		-
Patents		2,000		(1,498	)		502		2,000		(1,381	)		619
Total	$	16,057	$	(8,928	)	$	7,129	$	19,055	$	(9,389	)	$	9,666

Schedule of Future Amortization Expense

2026	$	2,322
2027		2,194
2028		1,025
2029		636
2030		636
Thereafter		316
	$	7,129

PROPERTY, PLANT AND EQUIPMENT, NET (Schedule of Property and Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	$ 476,464	$ 533,692
Less - accumulated depreciation	207,113	190,254
Total property, plant and equipment, net	269,351	343,438
Land [Member]
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	0	1,087
Buildings and plants [Member]
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	24,953	60,498
Computers and peripheral equipment [Member]
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	44,805	47,279
Office furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	8,682	8,955
Laboratory and testing equipment [Member]
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	65,429	60,638
Machinery and equipment [Member]
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	188,000	209,906
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	107,901	110,380
Assets under construction and payments on account [Member]
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	$ 36,694	$ 34,949

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Schedule of Reclassifications out of AOCI) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Financial income (expense), net	$ 71,999	$ 14,570	$ (41,212)
Cost of revenues	988,163	1,778,660	2,272,705
Research and development	221,255	277,237	321,482
Sales and marketing	117,332	146,865	164,318
General and administrative	101,035	147,455	146,504
Total, before income taxes	(391,106)	(1,708,311)	81,099
Income taxes	(13,382)	(96,150)	(46,420)
Total, net of income taxes	(405,448)	(1,806,357)	34,329
Foreign currency translation adjustments on intra-entity transactions that are of a long-term investment in nature	66,874	(35,379)	(5,375)
Unrealized gains (losses) on available-for-sale marketable securities [Member] \| Amount Reclassified from Accumulated Other Comprehensive Income (Loss) [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Financial income (expense), net	(2)	2,966	(107)
Income taxes	0	(754)	29
Total, net of income taxes	(2)	2,212	(78)
Unrealized gains (losses) on cash flow hedges [Member] \| Amount Reclassified from Accumulated Other Comprehensive Income (Loss) [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of revenues	1,402	296	(964)
Research and development	5,133	1,487	(4,981)
Sales and marketing	1,128	327	(1,057)
General and administrative	1,653	428	(1,323)
Total, before income taxes	9,316	2,538	(8,325)
Income taxes	(1,118)	(305)	634
Total, net of income taxes	8,198	2,233	(7,691)
Foreign currency translation adjustments on intra-entity transactions that are of a long-term investment in nature	(65,667)	0	0
Foreign currency translation adjustments, net	6,751	0	0
Total adjustment for substantial completion of liquidation of certain foreign subsidiaries	(58,916)	0	0
Total reclassifications for the period	$ (50,720)	$ 4,445	$ (7,769)

CONVERTIBLE SENIOR NOTES (Schedule of Costs of Notes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Notes 2025 [Member]
Debt Instrument [Line Items]
Debt issuance cost	$ 1,183	$ 2,280	$ 2,930
Notes 2029 [Member]
Debt Instrument [Line Items]
Debt issuance cost	1,555	792	0
Contractual interest expense	$ 7,583	$ 3,854	$ 0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(f))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482949/835-30-55-8

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69C

Reference 11: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E

Reference 12: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69F
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69F

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 15: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1D
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1D

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1D
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1D

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1D
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1D

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1F
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1F
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1F
-Subparagraph (b)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1F
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

Reference 30: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 31: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482900/835-30-50-1

+ Details

COMMITMENTS AND CONTINGENT LIABILITIES

12 Months Ended

Dec. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENT LIABILITIES

NOTE 20: COMMITMENTS AND CONTINGENT LIABILITIES

a.	Guarantees:

As of December 31, 2025, contingent liabilities exist regarding guarantees in the amounts of $50,496, $35,895 and $1,486 in respect of securing projects with customers and vendors, office rent lease agreements, and other transactions, respectively.

b.	Contractual purchase obligations:

The Company has contractual obligations to purchase goods and raw materials. These contractual purchase obligations relate to inventories and other purchase orders, which cannot be canceled without penalty. In addition, the Company acquires raw materials or other goods and services, including product components, by issuing authorizations to its suppliers to purchase materials based on its projected demand and manufacturing needs.

As of December 31, 2025, the Company had non-cancelable purchase obligations totaling approximately $513,202, out of which the Company recorded a provision for loss in the amount of $24,324.

As of December 31, 2025, the Company had contractual obligations for capital expenditures totaling approximately $23,451. These commitments reflect purchases of automated assembly lines and other machinery related to the Company’s manufacturing process.

c.	Legal claims:

From time to time, the Company may be involved in various claims and legal proceedings. The Company reviews the status of each matter and assesses its potential financial exposure. If the potential loss from any claim or legal proceeding is considered probable and the amount can be reasonably estimated, the Company accrues a liability for the estimated loss. These accruals are reviewed at least quarterly and adjusted to reflect the impact of negotiations, settlements, rulings, advice of legal counsel and other information and events pertaining to a particular matter.

As of December 31, 2025, the Company recorded an accrual of $13,199 for legal claims which was recorded under accrued expenses and other current liabilities.

On November 3, 2023, Daphne Shen, a purported stockholder of the Company, filed a proposed class action complaint for violation of federal securities laws, individually and putatively on behalf of all others similarly situated, in the U.S District Court of the Southern District of New York against the Company, the Company’s CEO and the Company’s CFO. The complaint alleges violations of Section 10(b) and Rule 10b-5 of the Exchange Act, as well as violations of Section 20(a) of the Exchange Act against the individual defendants. The complaint seeks class certification, damages, interest, attorneys’ fees, and other relief. On December 13, 2023, Javier Cascallar filed a similar proposed class action. On January 2, 2024, six purported lead plaintiffs filed motions in the Shen litigation seeking to consolidate the Cascallar and Shen litigations and appoint lead plaintiffs and lead counsel pursuant to the procedures of the Private Securities Litigation Reform Act of 1995.

On February 7, 2024, the Court consolidated the two actions (the "Consolidated Securities Litigation"), and appointed co-lead plaintiffs (the “Plaintiffs”) and lead counsel. On April 22, 2024, Plaintiffs filed an amended complaint adding two additional officers. The amended complaint made substantially similar allegations and claims. Defendants moved to dismiss the amended complaint on July 15, 2024 (the “Motion”), and the motion was fully briefed as of September 17, 2024. On December 4, 2024, the Court issued an order granting in part the Motion, dismissing all allegations except those relating to two purported misstatements, characterizing inventory levels as low. The Court allowed Plaintiffs to again amend their complaint, and they filed a Second Amended Complaint on January 3, 2025. On February 10, 2025, Defendants moved to dismiss the Second Amended Complaint insofar as it attempts to resurrect any of the allegations dismissed in the Court’s December 4, 2024 order. On April 7, 2025, the Court issued an order granting in part the second motion to dismiss, dismissing all allegations except those characterizing inventory levels as “low” and those relating to demand in Europe. Lead Plaintiffs filed a motion for class certification on October 17, 2025, and Defendants filed their opposition on January 16, 2026. Plaintiffs’ reply is due on February 20, 2026. Fact discovery is ongoing.

On March 15, 2024, Abdul Hirani filed a purported derivative complaint in the U.S. District Court for the Southern District of New York against certain current and former SolarEdge executive officers and board members, including Zvi Lando, Ronen Faier, Nadav Zafrir, Betsy Atkins, Marcel Gani, Dana Gross, Dirk Hoke, Avery More, and Tal Payne. The Hirani complaint makes largely the same allegations as those in the Consolidated Securities Litigation. The Hirani complaint brings claims for (i) breach of fiduciary duty, (ii) aiding and abetting breach of fiduciary duty, (iii) unjust enrichment, (iv) waste of corporate assets, and (v) securities fraud under Section 10(b) of the Exchange Act. The complaint seeks compensatory and punitive damages, interest, attorneys’ fees, and other relief.

On June 10, 2024, Jonathan Blaufarb filed a second purported derivative complaint in the U.S. District Court for the Southern District of New York against the same defendants as those named in the Hirani complaint as well as Lior Danziger and J.B. Lowe. The Blaufarb complaint makes largely the same allegations as those in the Consolidated Securities Litigation and seeks declaratory relief, corporate governance reforms, damages, restitution, attorneys’ fees, and other relief. It also pleads the same counts as those in the Hirani complaint, as well as additional counts for abuse of control and gross mismanagement. Defendants accepted service of the Hirani and Blaufarb complaints via stipulation that was so-ordered on July 12, 2024, and the two cases were consolidated with the Hirani matter designated as the lead case (the “Consolidated Derivative Action”). On September 9, 2024 the parties agreed to stay the Hirani and Blaufarb actions pending a decision on the motion to dismiss in the Consolidated Securities Litigation. Following the decision granting in part and denying in part the motion to dismiss the Second Amended Complaint in the Consolidated Securities Litigation, the parties entered into a new stipulation on June 20, 2025, staying this consolidated derivative action through the close of fact discovery in the Consolidated Securities Litigation.

On August 7, 2024, Edwin Isaac filed a purported derivative complaint in the U.S. District Court for the District of Delaware against the same defendants as those named in the Consolidated Derivative Action. The Isaac complaint makes largely the same allegations as those in the Consolidated Securities Litigation. It also pleads the similar counts to the Consolidated Derivative Action, including (i) breach of fiduciary duty, (ii) contribution, (iii) violation of Section 14(a) of the Exchange Act and SEC Rule 14a-9, (iv) unjust enrichment, (v) waste of corporate assets, and (vi) aiding and abetting breach of fiduciary duty. The complaint seeks declaratory relief, damages, interest, unspecified equitable relief, attorneys’ fees, and other relief. The parties filed a stipulation on June 30, 2025 agreeing to stay the Isaac matter through the close of fact discovery in the Consolidated Securities Litigation.

On May 22, 2025, Mike Maddox (“Maddox”) filed a purported derivative complaint in the U.S. District Court for the Southern District of New York against the same defendants as those named in the earlier-filed derivative actions. The Maddox complaint makes largely the same allegations as those in the Consolidated Securities Litigation and the other derivative actions. It also pleads similar counts to those in the other derivative actions, including (i) breach of fiduciary duty, (ii) gross mismanagement, (iii) waste of corporate assets, (iv) unjust enrichment, and (v) violation of Section 14(a) of the Exchange Act. The parties filed a stipulation on July 21, 2025 agreeing to stay the Maddox matter through the close of fact discovery in the Consolidated Securities Litigation.

On September 9, 2025, Jerald Chauncey, Jr. (“Chauncey”) filed a complaint in the Delaware Court of Chancery against the same defendants as those named in the other derivative actions. The Chauncey complaint makes largely the same allegations as those in the Consolidated Securities Litigation and the other derivative actions. It also pleads similar counts to those in the other derivative actions, including (i) breach of fiduciary duty, (ii) unjust enrichment, and (iii) waste of corporate assets. The parties filed a stipulation on October 7, 2025 agreeing to stay the Chauncey matter through the close of fact discovery in the Consolidated Securities Litigation.

On January 13, 2025, Stellantis Europe S.p.A. (“Stellantis”) submitted an application for injunctive relief, to the Court of Turin, Italy, claiming that SolarEdge e-Mobility was allegedly in breach of contract. The application for injunctive relief is aimed at obtaining the following interim measures: i) order the Company to resume supply of spare parts and technical assistance activities in favor of Stellantis; and ii) to order the Company to pay a penalty of 100,000 Euro for each day of delay in fulfilling the order above. At a hearing on February 25, 2025 the parties discussed the case. On May 8, 2025, the court denied Stellantis’ request for injunction and on July 2, 2025, Stellantis appealed, and the next hearing is scheduled for March 13, 2026. The Company disputes the allegations of wrongdoing. On February 11, 2026, the Company completed the sale of SolarEdge e-Mobility.

On September 15, 2025, Ampt, LLC (“Ampt”) filed a lawsuit in the District of Delaware seeking to enforce an agreement between Ampt and the Company. The Company had invoked a force majeure clause in relation to its performance of the agreement, valued at $54 million over a period of five years, in October 2023. The Company has filed an answer on December 1, 2025, and the court has ordered a disclosure schedule to begin January 2026. The case is scheduled for trial for November 1, 2027. On January 5, 2026, the parties met for mediation, which has been inconclusive. The Company disputes the allegations and intends to vigorously defend against them.

RESTRUCTURING AND OTHER EXIT ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Other Exit Charges by Reportable Segments and Type of Cost

Restructuring and other exit charges for the year ended December 31, 2025 by type of cost were as follows:

	Employee termination costs		Contract termination and other			Total
Cost of revenues	$	816	$	(14,433	)	$	(13,617	)
Research and development		1,462		-			1,462
Sales and marketing		1,180		-			1,180
General and administrative		1,687		-			1,687
Other operating expenses, net		-		(3,137	)		(3,137	)
Total	$	5,145	$	(17,570	)	$	(12,425	)

Restructuring and other exit charges for the year ended December 31, 2024 by type of cost were as follows:

	Employee termination costs		Contract termination and other		Total
Cost of revenues	$	2,021	$	38,227	$	40,248
Research and development		4,120		248		4,368
Sales and marketing		1,228		-		1,228
General and administrative		830		118		948
Other operating expenses, net		-		2,356		2,356
Total	$	8,199	$	40,949	$	49,148

Restructuring and other exit charges for the year ended December 31, 2023 by type of cost were as follows:

	Employee termination costs		Contract termination and other		Total
Cost of revenues	$	2,561	$	57,241	$	59,802
Sales and marketing		4		-		4
General and administrative		297		87		384
Total	$	2,862	$	57,328	$	60,190

Schedule of Liability Balance for the Restructuring and Other Exit Charges

	Employee termination costs			Contract termination and other
Balance as of January 1, 2025	$	1,073		$	23,933
Charges		5,145			(17,570	)
Cash payments		(6,218	)		(6,315	)
Non-cash utilization and other		-			(48	)
Balance as of December 31, 2025	$	-		$	-

INTANGIBLE ASSETS, NET (Schedule of acquired intangible assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Finite-lived intangible assets:
Gross intangible assets	$ 16,057	$ 19,055
Less - accumulated amortization	(8,928)	(9,389)
Total intangible assets, net	7,129	9,666
Current Technology [Member]
Finite-lived intangible assets:
Gross intangible assets	11,183	10,675
Less - accumulated amortization	(4,936)	(2,753)
Total intangible assets, net	6,247	7,922
Customer relationships [Member]
Finite-lived intangible assets:
Gross intangible assets	1,548	1,526
Less - accumulated amortization	(1,548)	(1,216)
Total intangible assets, net	0	310
Trade names [Member]
Finite-lived intangible assets:
Gross intangible assets	1,326	1,279
Less - accumulated amortization	(946)	(464)
Total intangible assets, net	380	815
Assembled workforce [Member]
Finite-lived intangible assets:
Gross intangible assets	0	3,575
Less - accumulated amortization	0	(3,575)
Total intangible assets, net	0	0
Patents [Member]
Finite-lived intangible assets:
Gross intangible assets	2,000	2,000
Less - accumulated amortization	(1,498)	(1,381)
Total intangible assets, net	$ 502	$ 619

LEASES (Schedule of Operating and Finance lease liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Operating leases
2026	$ 16,495
2027	6,730
2028	5,107
2029	4,009
2030	3,916
Thereafter	30,702
Total lease payments	66,959
Less amount of lease payments representing interest	(14,352)
Present value of future lease payments	52,607
Less current lease liabilities	(15,959)
Long-term lease liabilities	36,648	$ 30,018
Finance lease
2026	1,557
2027	1,557
2028	1,557
2029	1,588
2030	1,681
Thereafter	14,609
Total lease payments	22,549
Less amount of lease payments representing interest	(2,444)
Present value of future lease payments	20,105
Less current lease liabilities	(1,547)
Finance lease liabilities	$ 18,558	$ 39,159

GOODWILL (Schedule of Goodwill Activity) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill at January 1	$ 48,380	$ 42,996
Acquisitions		11,344
Impairment losses		$ (2,251)
Goodwill Impairment Loss Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag		true
Foreign currency adjustments	1,743	$ (3,709)
Goodwill at December 31	$ 50,123	$ 48,380

- Definition

Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482548/350-20-55-24

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-8

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479303/805-10-55-41

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 740
-Name Accounting Standards Codification
-Section 55
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478064/805-740-55-13

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 39
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479303/805-10-55-39

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 49
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-49

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 8: http://www.xbrl.org/2003/role/exampleRef
-Topic 852
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481372/852-10-55-10

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(15))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482598/350-20-45-1

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(10)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 805
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479581/805-30-50-4

+ Details

- Definition

Amount of impairment loss from asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized.

+ References + Details

RESTRUCTURING AND OTHER EXIT ACTIVITIES

12 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

RESTRUCTURING AND OTHER EXIT ACTIVITIES

NOTE 24: RESTRUCTURING AND OTHER EXIT ACTIVITIES

On January 21, 2024, the Company announced the adoption of a restructuring plan in response to challenging industry conditions. Under this restructuring plan, the Company reduced its headcount by approximately 900 employees over the first half of 2024 in an involuntary workforce reduction. The adoption of this restructuring plan followed the Company’s previous measures taken to align with current market conditions, including termination of our manufacturing in Mexico and China, and discontinuation of the Company’s light commercial vehicle e-mobility activity. On July 15, 2024, the Company announced additional workforce reductions, resulting in the layoff of 400 employees.

On November 27, 2024, the Company announced the closure of its Energy Storage Division. In connection with the closure, the Company reduced its headcount by approximately 500 employees, primarily in manufacturing positions in South Korea. This closure and associated headcount reduction represented approximately 12% of the Company’s overall employee population, at the time, almost all of whom were dismissed over the first half of 2025. In January 2025, the Company announced the adoption of a restructuring plan, in response to challenging industry conditions, which included an additional reduction in workforce. In April 2025, we divested from our PV tracker business, as part of our effort to focus on our core activities. On September 4, 2025, as part of the decision to close its Energy Storage Division, the Company, sold its last battery cell manufacturing facility in South Korea. The Company has determined that the discontinuation of its Energy Storage activity does not represent a strategic shift that will have a major effect on the Company's operations and financial results and therefore it did not meet the criteria for discontinued operations classification.

Restructuring and other exit charges for the year ended December 31, 2025 by type of cost were as follows:

	Employee termination costs		Contract termination and other			Total
Cost of revenues	$	816	$	(14,433	)	$	(13,617	)
Research and development		1,462		-			1,462
Sales and marketing		1,180		-			1,180
General and administrative		1,687		-			1,687
Other operating expenses, net		-		(3,137	)		(3,137	)
Total	$	5,145	$	(17,570	)	$	(12,425	)

Restructuring and other exit charges for the year ended December 31, 2024 by type of cost were as follows:

	Employee termination costs		Contract termination and other		Total
Cost of revenues	$	2,021	$	38,227	$	40,248
Research and development		4,120		248		4,368
Sales and marketing		1,228		-		1,228
General and administrative		830		118		948
Other operating expenses, net		-		2,356		2,356
Total	$	8,199	$	40,949	$	49,148

Restructuring and other exit charges for the year ended December 31, 2023 by type of cost were as follows:

	Employee termination costs		Contract termination and other		Total
Cost of revenues	$	2,561	$	57,241	$	59,802
Sales and marketing		4		-		4
General and administrative		297		87		384
Total	$	2,862	$	57,328	$	60,190

The Company’s liability balance for the restructuring and other exit charges is as follows:

	Employee termination costs			Contract termination and other
Balance as of January 1, 2025	$	1,073		$	23,933
Charges		5,145			(17,570	)
Cash payments		(6,218	)		(6,315	)
Non-cash utilization and other		-			(48	)
Balance as of December 31, 2025	$	-		$	-

OTHER LONG TERM LIABILITIES

12 Months Ended

Dec. 31, 2025

Other Liabilities Disclosure [Abstract]

OTHER LONG TERM LIABILITIES

NOTE 18: OTHER LONG TERM LIABILITIES

	As of December 31,
	2025		2024
Accrued severance pay	$	1,868	$	6,079
Other		713		2,347
	$	2,581	$	8,426

FAIR VALUE MEASUREMENTS

12 Months Ended

Dec. 31, 2025

Fair Value Measurements [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 13: FAIR VALUE MEASUREMENTS

In accordance with ASC 820, the Company measures its cash equivalents and marketable securities, at fair value using the market approach valuation technique. Cash and cash equivalents and restricted cash are classified within Level 1 because these assets are valued using quoted market prices. Marketable securities and foreign currency derivative contracts are classified within level 2 due to these assets being valued by alternative pricing sources and models utilizing market observable inputs.

The following table sets forth the Company’s assets that were measured at fair value as of December 31, 2025 and December 31, 2024 by level within the fair value hierarchy:

		Fair value measurements as of
Description	Fair Value Hierarchy	December 31, 2025		December 31, 2024
Assets:
Cash, cash equivalents and restricted cash:
Cash	Level 1	$	312,539	$	239,020
Money market mutual funds	Level 1	$	8,315	$	21,075
Deposits	Level 1	$	134,221	$	14,516
Restricted cash	Level 1	$	84,771	$	135,328
Derivative instruments	Level 2	$	705	$	1,262
Short-term marketable securities:
Corporate bonds	Level 2	$	36,601	$	289,856
U.S. Treasury securities	Level 2	$	-	$	12,594
U.S. Government agency securities	Level 2	$	1,496	$	8,829
Long-term marketable securities:
Corporate bonds	Level 2	$	-	$	36,241
U.S. Government agency securities	Level 2	$	-	$	6,356

In addition to assets and liabilities that are recorded at fair value on a recurring basis, impairment indicators may subject goodwill and long-lived assets to nonrecurring fair value measurements.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 107
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-107

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 940
-SubTopic 820
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478119/940-820-50-1

+ Details

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Schedule of Accrued Expenses and Other Current Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Payables and Accruals [Abstract]
Accrued expenses	$ 211,136	$ 166,699
Government authorities	20,493	51,705
Operating lease liabilities	15,959	11,861
Accrual for sales incentives	24,102	11,671
Provision for legal claims	13,199	350
Liabilities held for sale	7,592	0
Other	5,338	3,792
Total accrued expenses and other current liabilities	$ 297,819	$ 246,078

LEASES (Schedule of Information Related to Operating and Finance Leases) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Finance leases:
Amortization of right-of-use-assets	$ 3,239	$ 3,127
Interest on lease liabilities	$ 930	$ 973
Weighted average remaining lease term in years	12 years 8 months 26 days	14 years 4 months 17 days
Weighted average annual discount rate	1.80%	2.30%
Operating leases:
Operating Lease, Cost	$ 15,310	$ 17,503
Weighted average remaining lease term in years	10 years 5 months 4 days	10 years 8 months 1 day
Weighted average annual discount rate	6.28%	4.76%

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Schedule of Gains (Losses) on Derivative Instruments Recognized in our Income Statements) (Details) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Not Designated as Hedging Instrument [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Gains (losses) on derivative instruments	$ (2,967)	$ 802	$ 2,337
Designated Hedging Instruments [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Gains (losses) on derivative instruments	$ 7,641	$ (445)	$ (1,990)

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

LEASES (Schedule of Supplemental Cash Flow Information Related to Leases) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Cash Paid For Amounts Included In Measurement Of Lease Liabilities [Abstract]
Operating cash flows for operating leases	$ 15,849	$ 17,685
Operating cash flows for finance leases	323	350
Financing cash flows for finance leases	$ 3,285	$ 2,877

DEFERRED REVENUES AND CUSTOMERS ADVANCES

12 Months Ended

Dec. 31, 2025

Revenue Recognition and Deferred Revenue [Abstract]

DEFERRED REVENUES AND CUSTOMERS ADVANCES

NOTE 15: DEFERRED REVENUES AND CUSTOMERS ADVANCES

Deferred revenues and customer advances consist of deferred cloud-based monitoring services, communication services, warranty extension services and advance payments received from customers for the Company’s products and other services. Deferred revenues and customer advances are classified as short-term and long-term deferred revenues and customer advances based on the period in which revenues are expected to be recognized.

Significant changes in the balances of deferred revenue and customer advances during the period are as follows:

	Year ended December 31,
	2025			2024			2023
Balance, at the beginning of the period	$	371,919		$	255,443		$	213,577
Revenue recognized		(138,587	)		(41,035	)		(29,650	)
Increase in deferred revenues and customer advances		130,367			157,511			71,516
Balance, at the end of the period		363,699			371,919			255,443
Less current portion		(70,371	)		(140,870	)		(40,836	)
Long-term portion	$	293,328		$	231,049		$	214,607

The following table includes estimated revenues expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of December 31, 2025:

2026	$	70,371
2027		26,189
2028		25,168
2029		21,565
2030		14,778
Thereafter		205,628
Total deferred revenues	$	363,699

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands

Common Stock [Member]

Additional paid in Capital [Member]

Treasury stock [Member]

Accumulated other comprehensive loss [Member]

Retained earnings (Accumulated deficit) [Member]

Total

Balance at Dec. 31, 2022

$ 6

$ 1,505,632

$ 0

$ (73,109)

$ 743,837

$ 2,176,366

Balance (in shares) at Dec. 31, 2022

56,133,404

Issuance of common stock upon exercise of stock-based awards

$ 0

^[1]

226

Issuance of common stock upon exercise of stock based awards (in shares)

790,745

Issuance of Common stock under employee stock purchase plan

$ 0

^[1]

20,693

Issuance of Common stock under employee stock purchase plan (in shares)

199,288

Stock based compensation

$ 0

154,071

Other comprehensive income (loss) adjustments, net

26,224

Net income (loss)

34,329

Balance at Dec. 31, 2023

$ 6

1,680,622

(46,885)

778,166

2,411,909

Balance (in shares) at Dec. 31, 2023

57,123,437

Issuance of common stock upon exercise of stock-based awards

$ 0

^[1]

173

Issuance of common stock upon exercise of stock based awards (in shares)

796,905

Issuance of Common stock under employee stock purchase plan

$ 0

^[1]

18,468

Issuance of Common stock under employee stock purchase plan (in shares)

860,148

Stock based compensation

$ 0

142,277

Repurchase of common stock

$ 0

(50,194)

Repurchase of common stock (Shares)

(753,364)

Capped call transactions related to the Notes 2029

$ 0

(28,342)

Other comprehensive income (loss) adjustments, net

(29,592)

Net income (loss)

(1,806,357)

Balance at Dec. 31, 2024

$ 6

1,813,198

(50,194)

(76,477)

(1,028,191)

658,342

Balance (in shares) at Dec. 31, 2024

58,027,126

Issuance of common stock upon exercise of stock-based awards

$ 0

^[1]

220

Issuance of common stock upon exercise of stock based awards (in shares)

1,337,521

Issuance of Common stock under employee stock purchase plan

$ 0

^[1]

(36,252)

50,194

13,942

Issuance of Common stock under employee stock purchase plan (in shares)

995,507

Stock based compensation

$ 0

95,594

Other comprehensive income (loss) adjustments, net

64,814

Net income (loss)

(405,448)

Balance at Dec. 31, 2025

$ 6

$ 1,872,760

$ 0

$ (11,663)

$ (1,433,639)

$ 427,464

Balance (in shares) at Dec. 31, 2025

60,360,154

[1]	Represents an amount less than $1.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Estimated Useful Lives of Property and Equipment) (Details)	12 Months Ended
	Dec. 31, 2025
Buildings and plants [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	5.70%
Computers and peripheral equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	14.30%
Computers and peripheral equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	14.30%
Computers and peripheral equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	33.00%
Office furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	7.00%
Office furniture and equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	7.00%
Office furniture and equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	20.00%
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	10.00%
Machinery and Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	10.00%
Machinery and Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	20.00%
Laboratory Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	15.00%
Laboratory Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	15.00%
Laboratory Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, depreciation rate	20.00%
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Useful Life, Term, Description	us-gaap:UsefulLifeShorterOfTermOfLeaseOrAssetUtilityMember

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Statement of Financial Position [Abstract]
Allowances of trade receivable	$ 17,224	$ 43,038
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, authorized shares	125,000,000	125,000,000
Common stock, issued shares	60,360,154	58,780,490
Common stock, outstanding shares	60,360,154	58,027,126
Treasury Stock, Common, Shares	0	753,364

GOODWILL

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL

NOTE 10: GOODWILL

The following summarizes the goodwill activity for the years ended December 31, 2025, and 2024:

	Total
Goodwill at December 31, 2023	$	42,996
Changes during the year:
Acquisitions		11,344
Impairment losses		(2,251	)
Foreign currency adjustments		(3,709	)
Goodwill at December 31, 2024		48,380
Changes during the year:
Foreign currency adjustments		1,743
Goodwill at December 31, 2025	$	50,123

Following the sale of Automation Machines and the discontinuation of the Company's Energy Storage activity in 2024, the Company operates as one operating segment that constitutes consolidated results. The Company recast its comparative numbers to conform to current period presentation.

As of December 31, 2025 and December 31, 2024 there were $92,355 accumulated goodwill impairment losses.

- Definition

The entire disclosure for goodwill.

+ References + Details

COMMITMENTS AND CONTINGENT LIABILITIES (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($)
Loss Contingencies [Line Items]
Non-cancelable purchase obligations	$ 513,202
Provision for loss	24,324
Contractual obligations for capital expenditures	$ 23,451
Other commitments	i) order the Company to resume supply of spare parts and technical assistance activities in favor of Stellantis; and ii) to order the Company to pay a penalty of 100,000 Euro for each day of delay in fulfilling the order above.
Legal claims	$ 13,199
Projects with customers [Member]
Loss Contingencies [Line Items]
Guarantees amount	50,496
Office Rent Lease Agreements [Member]
Loss Contingencies [Line Items]
Guarantees amount	35,895
Other Transactions [Member]
Loss Contingencies [Line Items]
Guarantees amount	1,486
Agreement between Ampt and Company [Member]
Loss Contingencies [Line Items]
Total payment related to lawsuit	$ 54,000

INCOME TAXES (Schedule of Income taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Current taxes:
Domestic	$ 2,601	$ 4,036	$ 42,960
Foreign	11,542	12,905	46,531
Total current taxes	14,143	16,941	89,491
Deferred taxes:
Domestic	0	18,163	(2,244)
Foreign	(761)	61,046	(40,827)
Total deferred taxes	(761)	79,209	(43,071)
Income taxes, net	$ 13,382	$ 96,150	$ 46,420

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-4

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-21

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-14

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 8: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-9

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 6.I.7)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-8

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-10

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(9))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Subparagraph (a)
-SubTopic 20
-Topic 740
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482659/740-20-45-2

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h))
-SubTopic 10
-Topic 235
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

+ Details

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Narrative) (Details) ₪ in Millions	Dec. 31, 2025 ILS (₪)
Put option [Member] \| Foreign exchange forward contracts [Member]
Derivative [Line Items]
Forward/option contracts	₪ 99

STOCK CAPITAL (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Nov. 01, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of common stock reserved for issuance pursuant to stock awards under the plan	10,000,000
Total stock-based compensation capitalized	$ 3,049	$ 5,026	$ 4,126
Equity based compensation expenses to employees and nonemployees			27,551
Tax benefit realized from share-based compensation			$ 8,866
Unrecognized compensation expense	$ 130,614
Value for repurchase of common stock		$ 50,194
Share repurchase programs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock re-purchased	753,364
Number of shares authorized to be purchased				300,000
Value for repurchase of common stock	$ 50,194
Share price per share	$ 66.63
Expiration date of repurchase shares	Dec. 31, 2024
2015 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for future grant under the plan	12,097,577
Employee Stock Option [Member] \| 2015 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of common stock reserved for issuance pursuant to stock awards under the plan	26,648,950
ESPP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of common stock reserved for issuance pursuant to stock awards under the plan	5,125,666
Number of shares available for future grant under the plan	2,331,847
Number of common stock re-purchased	2,793,819
Maximum percentage of salary	15.00%
Aggregate limit per participant	$ 15
Purchase price of common stock, percent	85.00%

PREPAID EXPENSES AND OTHER CURRENT ASSETS

12 Months Ended

Dec. 31, 2025

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

PREPAID EXPENSES AND OTHER CURRENT ASSETS

NOTE 6: PREPAID EXPENSES AND OTHER CURRENT ASSETS

	As of December 31,
	2025		2024
Vendor non-trade receivables¹	$	129,223	$	198,211
Government authorities		161,749		213,290
Prepayments		25,334		25,291
Assets held for sale		11,155		60,500
Other		14,370		25,735
Total prepaid expenses and other current assets	$	341,831	$	523,027

¹ Vendor non-trade receivables derived from the sale of components to manufacturing vendors who manufacture products, components and other testing equipment for the Company. The Company purchases these components directly from other suppliers. The Company does not reflect the sale of these components to the contract manufacturers in its revenues.

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
CURRENT ASSETS:
Cash and cash equivalents	$ 455,075	$ 274,611
Restricted cash	84,771	135,328
Marketable securities	38,097	311,279
Trade receivables, net of allowances of $17,224 and $43,038, respectively	267,441	160,423
Inventories, net	552,632	645,897
Prepaid expenses and other current assets	341,831	523,027
Total current assets	1,739,847	2,050,565
LONG-TERM ASSETS:
Marketable securities	0	42,597
Property, plant and equipment, net	269,351	343,438
Operating lease right-of-use assets, net	48,178	41,393
Intangible assets, net	7,129	9,666
Goodwill	50,123	48,380
Loan receivables, net	0	45,678
Other long-term assets	67,566	64,736
Total long-term assets	442,347	595,888
Total assets	2,182,194	2,646,453
CURRENT LIABILITIES:
Trade payables	271,983	107,543
Employees and payroll accruals	73,992	76,292
Warranty obligations	89,330	140,249
Deferred revenues and customers advances	70,371	140,870
Accrued expenses and other current liabilities	297,819	246,078
Convertible senior notes, net	0	346,305
Total current liabilities	803,495	1,057,337
LONG-TERM LIABILITIES:
Convertible senior notes, net	331,561	330,006
Warranty obligations	268,559	292,116
Deferred revenues and customers advances	293,328	231,049
Finance lease liabilities	18,558	39,159
Operating lease liabilities	36,648	30,018
Other long-term liabilities	2,581	8,426
Total long-term liabilities	951,235	930,774
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS' EQUITY:
Common stock of $0.0001 par value - Authorized: 125,000,000 shares; issued: 60,360,154 shares as of December 31, 2025 and 58,780,490 shares as of December 31, 2024; outstanding: 60,360,154 shares as of December 31, 2025 and 58,027,126 shares as of December 31, 2024.	6	6
Additional paid-in capital	1,872,760	1,813,198
Treasury stock, at cost; 0 and 753,364 stocks held as of December 31, 2025 and December 31, 2024, respectively	0	(50,194)
Accumulated other comprehensive loss	(11,663)	(76,477)
Accumulated deficit	(1,433,639)	(1,028,191)
Total stockholders’ equity	427,464	658,342
Total liabilities and stockholders' equity	$ 2,182,194	$ 2,646,453

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Assumptions Used to Estimate Fair Value of Stock Options and Warrants) (Details) - Employee and Executive Director [Member]	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
ESPP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yields	0.00%	0.00%	0.00%
Expected option term in years	6 months	6 months	6 months
ESPP [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest	3.74%	4.42%	5.38%
Volatility	111.24%	70.94%	56.44%
ESPP [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest	4.36%	5.42%	5.46%
Volatility	113.95%	104.93%	66.78%
PSU [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest	4.43%		4.09%
Dividend yields	0.00%	0.00%	0.00%
Volatility	73.75%		71.60%
Expected option term in years	3 years		3 years
PSU [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest		3.90%
Volatility		65.18%
Expected option term in years		2 years
PSU [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest		4.20%
Volatility		76.70%
Expected option term in years		3 years

GOODWILL (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill Activity

	Total
Goodwill at December 31, 2023	$	42,996
Changes during the year:
Acquisitions		11,344
Impairment losses		(2,251	)
Foreign currency adjustments		(3,709	)
Goodwill at December 31, 2024		48,380
Changes during the year:
Foreign currency adjustments		1,743
Goodwill at December 31, 2025	$	50,123

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482548/350-20-55-24

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-2

+ Details

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2025

Payables and Accruals [Abstract]

Schedule of Accrued Expenses and Other Current Liabilities

	As of December 31,
	2025		2024
Accrued expenses	$	211,136	$	166,699
Government authorities		20,493		51,705
Operating lease liabilities		15,959		11,861
Accrual for sales incentives		24,102		11,671
Provision for legal claims		13,199		350
Liabilities held for sale		7,592		-
Other		5,338		3,792
Total accrued expenses and other current liabilities	$	297,819	$	246,078

EARNINGS (LOSS) PER SHARE (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended
	Jul. 31, 2024	Jun. 30, 2024
Notes 2029 [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net proceeds from offering	$ 3,111	$ 25,230

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Schedule of Prepaid Expenses and Other Current Assets) (Details) - USD ($)
$ in Thousands

Dec. 31, 2025

Dec. 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Vendor non-trade receivables

^[1]

$ 129,223

$ 198,211

Government authorities

161,749

213,290

Prepayments

25,334

25,291

Assets held for sale

11,155

60,500

Other

14,370

25,735

Total prepaid expenses and other current assets

$ 341,831

$ 523,027

[1]

Vendor non-trade receivables derived from the sale of components to manufacturing vendors who manufacture products, components and other testing equipment for the Company. The Company purchases these components directly from other suppliers. The Company does not reflect the sale of these components to the contract manufacturers in its revenues.

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2025

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Prepaid Expenses and Other Current Assets

	As of December 31,
	2025		2024
Vendor non-trade receivables¹	$	129,223	$	198,211
Government authorities		161,749		213,290
Prepayments		25,334		25,291
Assets held for sale		11,155		60,500
Other		14,370		25,735
Total prepaid expenses and other current assets	$	341,831	$	523,027

INVESTMENT IN PRIVATELY-HELD COMPANY	12 Months Ended
INVESTMENT IN PRIVATELY-HELD COMPANY	Dec. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]
INVESTMENT IN PRIVATELY-HELD COMPANY	NOTE 3: INVESTMENT IN PRIVATELY-HELD COMPANY In January 2024, the Company completed an investment of $6,075 in the preferred stock of Ivy Energy, Inc, ("Ivy"), a privately-held U.S. company. The Company accounted for the Ivy investment as an equity investment that does not have readily determinable fair values. In March 2024, the Company completed an investment of $5,000 in the preferred stock of Stardust Solution, Inc, ("Stardust"), a privately-held U.S. company. The Company accounted for the Stardust investment as an equity investment, under ASC 321, Equity Securities, that does not have a readily determinable fair market value. In April 2024, the Company completed an investment of approximately $17,000 in the preferred stock of Ampeers Energy GmbH ("Ampeers"), a privately-held German company, which represented 28.23% of Ampeers' outstanding shares. The Company accounted for its investment in Ampeers using the equity method of accounting in accordance with ASC 323, Investments — Equity Method and Joint Ventures. Under this method, the investment, which was initially recorded at cost, is adjusted to recognize the Company’s share of net earnings or losses of the investee as they occur, rather than when dividends or other distributions are received. As of December 31, 2025, the Company has fully impaired its investments in privately-held companies. As of December 31, 2024, the carrying value of investments in privately-held companies was $20,976. For the years ended December 31, 2025, and 2024 the Company recorded impairment charges in the amount of $21,438 and $5,000, respectively. For the year ended December 31, 2025, the Company recorded a gain of $4,000 upon the sale of Stardust.

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Cash Flows [Abstract]
Cash and cash equivalents	$ 455,075	$ 274,611	$ 338,468
Restricted cash	84,771	135,328	0
Cash, cash equivalents and restricted cash, end of period	$ 539,846	$ 409,939	$ 338,468	$ 783,112

INVENTORIES, NET (Schedule of Inventories) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Inventory Disclosure [Abstract]
Raw materials	$ 306,288	$ 209,259
Work in process	0	3,113
Finished goods	246,344	433,525
Inventories, net	$ 552,632	$ 645,897

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

12 Months Ended

Dec. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

NOTE 12: DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

As of December 31, 2025, the Company entered into put and call options to sell USD in the amount of NIS 99 million.

The fair values of outstanding derivative instruments were as follows:

	Balance sheet location	December 31, 2025		December 31, 2024
Derivative assets of options and forward contracts:
Designated cash flow hedges	Prepaid expenses and other current assets	$	705	$	1,262

Gains (losses) on derivative instruments are summarized below:

		Year ended December 31,
	Affected line item	2025			2024			2023
Foreign exchange contracts
Non Designated Hedging Instruments	Consolidated Statements of Income (loss) - Financial income (expense), net	$	(2,967	)	$	802		$	2,337
Designated Hedging Instruments	Consolidated Statements of Comprehensive Income (loss) - Cash flow hedges	$	7,641		$	(445	)	$	(1,990	)

See Note 21 for information regarding gains (losses) from designated hedging instruments reclassified from accumulated other comprehensive loss.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 182
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480401/815-10-55-182

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 185
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480401/815-10-55-185

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 184
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480401/815-10-55-184

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 181
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480401/815-10-55-181

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4K
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4K

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4K
-Subparagraph (a)(5)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4K

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4K
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4K

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4K
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4K

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4K
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4K

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4H
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4H

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4H
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4H

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 15
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480960/815-15-50-3

Reference 13: http://www.xbrl.org/2003/role/exampleRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 183
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480401/815-10-55-183

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4K
-Subparagraph (a)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4K

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4K
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4K

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4K
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4K

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4I
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4I

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4F
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4F

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-2

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-2

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(1)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-2

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(1)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-2

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(1)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-2

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1B

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1A

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1A

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1A

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1A

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/815/tableOfContent

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480237/815-40-50-5

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-5C

+ Details

MARKETABLE SECURITIES (Tables)

12 Months Ended

Dec. 31, 2025

Marketable Securities [Abstract]

Schedule of Available-for-Sale Marketable Securities

The following is a summary of available-for-sale marketable securities at December 31, 2025:

	Amortized cost		Gross unrealized gains		Fair value
Matures within one year:
Corporate bonds	$	36,413	$	188	$	36,601
U.S. Government agency securities		1,495		1		1,496
Total	$	37,908	$	189	$	38,097

The following is a summary of available-for-sale marketable securities at December 31, 2024:

	Amortized cost		Gross unrealized gains		Gross unrealized losses			Fair value
Matures within one year:
Corporate bonds	$	290,570	$	97	$	(811	)	$	289,856
U.S. Treasury securities		12,596		-		(2	)		12,594
U.S. Government agency securities		8,810		19		-			8,829
		311,976		116		(813	)		311,279
Matures after one year:
Corporate bonds		36,006		252		(17	)		36,241
U.S. Government agency securities		6,309		47		-			6,356
		42,315		299		(17	)		42,597
Total	$	354,291	$	415	$	(830	)	$	353,876

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment

	As of December 31,
	2025		2024
Cost:
Land	$	-	$	1,087
Buildings and plants		24,953		60,498
Computers and peripheral equipment		44,805		47,279
Office furniture and equipment		8,682		8,955
Laboratory and testing equipment		65,429		60,638
Machinery and equipment		188,000		209,906
Leasehold improvements		107,901		110,380
Assets under construction and payments on account		36,694		34,949
Gross property, plant and equipment		476,464		533,692
Less - accumulated depreciation		207,113		190,254
Total property, plant and equipment, net	$	269,351	$	343,438

INVESTMENT IN PRIVATELY-HELD COMPANY (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Apr. 30, 2024	Mar. 31, 2024	Jan. 31, 2024
Schedule of Equity Method Investments [Line Items]
Impairment of investment	$ 21,438	$ 5,000
Gain on sale of a previously impaired privately held company	$ 4,000
Other Long Term Investments [Member]
Schedule of Equity Method Investments [Line Items]
Investment amount		$ 20,976
Ivy Energy Inc [Member] \| Preferred Stock [Member]
Schedule of Equity Method Investments [Line Items]
Investment amount					$ 6,075
Stardust Solution Inc [Member] \| Preferred Stock [Member]
Schedule of Equity Method Investments [Line Items]
Investment amount				$ 5,000
Ampeers Energy Gmbh [Member] \| Preferred Stock [Member]
Schedule of Equity Method Investments [Line Items]
Investment amount			$ 17,000
Ownership percentage on outstanding shares			28.23%

FAIR VALUE MEASUREMENTS (Schedule of Assets and Liabilities Measured at Fair Value) (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Level 1 [Member] \| Cash [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	$ 312,539	$ 239,020
Level 1 [Member] \| Money market mutual funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	8,315	21,075
Level 1 [Member] \| Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	134,221	14,516
Level 1 [Member] \| Restricted cash [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	84,771	135,328
Level 2 [Member] \| Derivative instruments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	705	1,262
Level 2 [Member] \| Short-term marketable securities: corporate bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	36,601	289,856
Level 2 [Member] \| Short-term marketable securities: U.S. Treasury securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	0	12,594
Level 2 [Member] \| Short-term marketable securities: U.S. Government agency securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	1,496	8,829
Level 2 [Member] \| Long-term corporate bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	0	36,241
Level 2 [Member] \| Long-term marketable securities: U.S. Government agency securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	$ 0	$ 6,356

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical)	12 Months Ended
	Dec. 31, 2025 shares
Statement of Stockholders' Equity [Abstract]
Treasury Stock Shares Transferred	753,364

CONVERTIBLE SENIOR NOTES (Schedule of Convertible Senior Notes) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Jun. 28, 2024	Sep. 25, 2020
Debt Instrument [Line Items]
Notes carrying amount	$ 331,561	$ 676,311
Notes 2025 [Member]
Debt Instrument [Line Items]
Principal	0	347,500		$ 632,500
Unamortized issuance costs	0	(1,195)
Notes carrying amount	0	346,305
Notes 2029 [Member]
Debt Instrument [Line Items]
Principal	337,000	337,000	$ 300,000
Unamortized issuance costs	(5,439)	(6,994)
Notes carrying amount	$ 331,561	$ 330,006

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

EARNINGS (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

NOTE 22: EARNINGS (LOSS) PER SHARE

The following table presents the computation of basic and diluted earnings (loss) per share (“EPS”):

	Year ended December 31,
	2025			2024			2023
Basic EPS:
Numerator:
Net income (loss)	$	(405,448	)	$	(1,806,357	)	$	34,329
Denominator:
Shares used in computing net earnings (loss) per share of common stock, basic		58,954,380			57,082,182			56,557,106
Diluted EPS:
Numerator:
Net income (loss) attributable to common stock, diluted	$	(405,448	)	$	(1,806,357	)	$	34,329
Denominator:
Shares used in computing net earnings (loss) per share of common stock, basic		58,954,380			57,082,182			56,557,106
Effect of stock-based awards		-			-			680,412
Shares used in computing net earnings (loss) per share of common stock, diluted		58,954,380			57,082,182			57,237,518
Earnings (loss) per share:
Basic	$	(6.88	)	$	(31.64	)	$	0.61
Diluted	$	(6.88	)	$	(31.64	)	$	0.60

The following outstanding shares of common stock equivalents were excluded from the calculation due to their antidilutive nature:

	Year ended December 31,
	2025		2024		2023
Stock-based awards		1,501,640		2,203,364		666,217
Notes 2025		878,174		2,056,978		2,276,818
Notes 2029¹		9,819,347		2,521,310		-
Total shares excluded		12,199,161		6,781,652		2,943,035

¹ In conjunction with the issuance of the Notes 2029 in June 2024, the Company used approximately $25,230 of the net proceeds from this offering to pay the cost of the capped call transactions. In July 2024, following a subsequent issuance of the Notes 2029, $3,111 of net proceeds were used to pay the cost of capped call transactions. In accordance with FASB ASC 260, antidilutive contracts, such as purchased call options are excluded from the computation of diluted net income (loss) per share. Accordingly, any potential impact resulting from capped call transaction is excluded from the Company's computation of diluted net income (loss) per share.

EARNINGS (LOSS) PER SHARE (Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share) (Details) - shares

12 Months Ended

Dec. 31, 2025

Dec. 31, 2024

Dec. 31, 2023

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]

Total shares excluded

12,199,161

6,781,652

2,943,035

Stock-based awards [Member]

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]

Total shares excluded

1,501,640

2,203,364

666,217

Notes 2025 [Member]

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]

Total shares excluded

878,174

2,056,978

2,276,818

Notes 2029 [Member]

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]

Total shares excluded

^[1]

9,819,347

2,521,310

[1]

In conjunction with the issuance of the Notes 2029 in June 2024, the Company used approximately $25,230 of the net proceeds from this offering to pay the cost of the capped call transactions. In July 2024, following a subsequent issuance of the Notes 2029, $3,111 of net proceeds were used to pay the cost of capped call transactions. In accordance with FASB ASC 260, antidilutive contracts, such as purchased call options are excluded from the computation of diluted net income (loss) per share. Accordingly, any potential impact resulting from capped call transaction is excluded from the Company's computation of diluted net income (loss) per share.

EARNINGS (LOSS) PER SHARE (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Earnings (Loss) Per Share

	Year ended December 31,
	2025			2024			2023
Basic EPS:
Numerator:
Net income (loss)	$	(405,448	)	$	(1,806,357	)	$	34,329
Denominator:
Shares used in computing net earnings (loss) per share of common stock, basic		58,954,380			57,082,182			56,557,106
Diluted EPS:
Numerator:
Net income (loss) attributable to common stock, diluted	$	(405,448	)	$	(1,806,357	)	$	34,329
Denominator:
Shares used in computing net earnings (loss) per share of common stock, basic		58,954,380			57,082,182			56,557,106
Effect of stock-based awards		-			-			680,412
Shares used in computing net earnings (loss) per share of common stock, diluted		58,954,380			57,082,182			57,237,518
Earnings (loss) per share:
Basic	$	(6.88	)	$	(31.64	)	$	0.61
Diluted	$	(6.88	)	$	(31.64	)	$	0.60

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

	Year ended December 31,
	2025		2024		2023
Stock-based awards		1,501,640		2,203,364		666,217
Notes 2025		878,174		2,056,978		2,276,818
Notes 2029¹		9,819,347		2,521,310		-
Total shares excluded		12,199,161		6,781,652		2,943,035

OTHER LONG TERM LIABILITIES (Schedule of Other Long Term Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Other Liabilities Disclosure [Abstract]
Accrued severance pay	$ 1,868	$ 6,079
Other	713	2,347
Total other long term liabilities	$ 2,581	$ 8,426

OTHER LONG TERM LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2025

Other Liabilities Disclosure [Abstract]

Schedule of Other Long Term Liabilities

	As of December 31,
	2025		2024
Accrued severance pay	$	1,868	$	6,079
Other		713		2,347
	$	2,581	$	8,426

OTHER LONG TERM ASSETS

12 Months Ended

Dec. 31, 2025

Other Assets, Noncurrent [Abstract]

OTHER LONG TERM ASSETS

NOTE 11: OTHER LONG TERM ASSETS

	As of December 31,
	2025		2024
Payments made before lease commencement	$	28,828	$	-
Cloud computing arrangements		37,972		29,366
Investments in privately held companies		-		20,976
Severance pay fund		-		9,185
Prepaid expenses and other		766		5,209
Total other long term assets	$	67,566	$	64,736

CONVERTIBLE SENIOR NOTES (Tables)

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Schedule of Convertible Senior Notes

	As of December 31,
	2025			2024
Notes 2025
Principal	$	-		$	347,500
Unamortized issuance costs		-			(1,195	)
Net carrying amount Notes 2025	$	-		$	346,305
Notes 2029
Principal		337,000			337,000
Unamortized issuance costs		(5,439	)		(6,994	)
Net carrying amount Notes 2029		331,561			330,006

Total notes carrying amount	$	331,561		$	676,311

Schedule of Costs Related to Notes

	Year ended December 31,
	2025		2024		2023
Notes 2025
Debt issuance cost	$	1,183	$	2,280	$	2,930
Notes 2029
Debt issuance cost	$	1,555	$	792	$	-
Contractual interest expense	$	7,583	$	3,854	$	-

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (405,448)	$ (1,806,357)	$ 34,329

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479168/946-830-55-10

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-4

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-21

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 55
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476153/220-40-55-14

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(k)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-28

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-4

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 480
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479857/480-10-S50-3

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 480
-SubTopic 10
-Name Accounting Standards Codification
-Section S45
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479887/480-10-S45-3

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 480
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3A
-Subparagraph (24)(d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480244/480-10-S99-3A

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 9
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479343/105-10-65-9

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 17
-Subparagraph (d)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480336/718-10-65-17

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-6

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-9

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 19: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482765/220-10-50-6

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-3

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-8

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-11

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-11

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section 45
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479105/946-220-45-7

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(9))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(1)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 34: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 37: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 38: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 39: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 40: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 41: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 42: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 43: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 60B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482689/260-10-45-60B

Reference 44: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483499/205-20-50-7

Reference 45: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 230
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-28

Reference 46: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1A

Reference 47: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1B

Reference 48: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 4
-Subparagraph (f)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481538/470-20-65-4

Reference 49: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

+ Details

OTHER OPERATING EXPENSES, NET (Tables)

12 Months Ended

Dec. 31, 2025

Other Operating Income Expenses [Abstract]

Schedule of Other Operating Expenses, Net

	Year ended December 31,
	2025			2024		2023
Impairment of asset-held for sale	$	43,332		$	-	$	-
Loss from business disposition		17,982			-		-
Loss (gain) from sale of property, plant and equipment		(3,058	)		1,524		541
Impairment of intangible assets and goodwill		-			24,674		5,622
Impairment and disposal by abandonment of property, plant and equipment		5,799			224,772		25,168
Other		(5,717	)		8,557		(17	)
Total other operating expense, net	$	58,338		$	259,527	$	31,314

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Nov. 30, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Significant Accounting Policies [Line Items]
Restricted cash		$ 84,771	$ 135,328	$ 0
Provision for credit loss		9,751	17,672
Impairment of long-lived assets		5,998	249,588	30,790
Capitalized implementation costs related to ERP conversion		48,060	29,366
Currency translation adjustment reclassified from accumulated other comprehensive income		58,916
Severance pay
Severance expenses		16,378	21,959	23,643
Shipping and handling costs
Shipping, handling and warehouse costs		$ 63,385	79,534	214,349
Warranty obligations
Minimum term of warranty obligation for StorEdge products.		10 years
Minimum term of warranty obligations for inverters		12 years
Minimum term of warranty obligations for power optimizers		25 years
Maximum extended product warranty period		25 years
Derivative financial instruments
Goodwill, Impairment Loss			2,251
Advertising expenses		$ 10,270	12,015	13,476
Accrued exchange fee rebate		83,882	53,026
Amortization expenses		2,861	$ 7,899	$ 7,652
SolarEdge Korea [Member]
Derivative financial instruments
Subsidies grant return amount	$ 10,000	6,643
Cloud Computing Arrangements [Member]
Derivative financial instruments
Amortization expenses		$ 3,363
Sales Revenue, Goods, Net [Member] \| Customer Concentration Risk [Member] \| Major Customer One [Member]
Derivative financial instruments
Concentration risk percentage		18.60%
Sales Revenue, Goods, Net [Member] \| Customer Concentration Risk [Member] \| Major Customer Two [Member]
Derivative financial instruments
Concentration risk percentage			12.90%	24.00%
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Major Customer Three [Member]
Derivative financial instruments
Concentration risk percentage		45.50%	43.40%
Accounts Payable [Member] \| Supplier Concentration Risk [Member] \| Two Contract Manufacturers [Member]
Derivative financial instruments
Concentration risk percentage		50.70%	43.40%

SEGMENT, GEOGRAPHIC AND PRODUCT INFORMATION

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

SEGMENT, GEOGRAPHIC AND PRODUCT INFORMATION

NOTE 27: SEGMENT, GEOGRAPHIC AND PRODUCT INFORMATION

a.	Segment Information:

The Company's Chief Executive Officer, who is the chief operating decision maker (“CODM”), makes resource allocation decisions and assesses performance based on financial information presented on a consolidated net loss, accompanied by disaggregated information about significant expenses.

The Company’s CODM does not regularly review asset information and, therefore, the Company does not report asset information.

The segment includes the design, development, manufacturing, and sales of an intelligent inverter solution designed to maximize power generation at the individual PV module level and batteries. The segment solution consists mainly of the Company’s power optimizers, inverters, batteries and cloud‑based monitoring platform.

The following tables present information on reportable income (loss) for the period presented:

	Year ended December 31,
	2025			2024			2023
Revenues	$	1,184,444		$	901,456		$	2,976,528
Less:
Direct costs of goods		825,718			658,737			1,600,660
Salaries¹		439,205			509,711			560,401
Inventory costs		28,027			785,616			61,861
Shipment and logistics		41,446			35,515			76,096
Warranty		32,448			68,442			310,186
Depreciation and amortization		30,511			59,865			57,196
Directly related overhead costs		60,013			54,252			50,795
Other²		46,183			423,059			219,446
Financial (income) expense, net		71,999			14,570			(41,212	)
Income taxes		13,382			96,150			46,420
Net loss from equity method investments		960			1,896			350
Net income (loss)	$	(405,448	)	$	(1,806,357	)	$	34,329

¹Including stock-based compensation expenses.

²Represents indirect costs of goods, consultants and sub-contractors, marketing, bad debt and impairments and dispositions.

b.	Revenues by geographic, based on customers’ location:

	Year ended December 31,
	2025		2024		2023
United States	$	718,227	$	379,617	$	759,611
Europe		317,595		322,640		1,903,846
International markets		148,622		199,199		313,071
Total revenues	$	1,184,444	$	901,456	$	2,976,528

c.	Revenues by type:

	Year ended December 31,
	2025		2024		2023
Inverters	$	333,806	$	247,634	$	1,374,026
Optimizers		489,852		314,916		902,411
Batteries		285,399		190,460		378,275
Energy storage systems		16,411		49,913		83,717
e-Mobility components and telematics		167		2,398		68,425
Communication		6,031		5,423		32,945
Others		52,778		90,712		136,729
Total revenues	$	1,184,444	$	901,456	$	2,976,528

d.	Long-lived assets by geographic location:

	As of December 31,
	2025		2024
Israel	$	224,276	$	266,254
United States		76,510		87,715
Europe		11,114		19,741
Other		5,629		11,121
Total long-lived assets^(*)	$	317,529	$	384,831

(*) Long-lived assets are comprised of property and equipment, net and Operating lease right-of-use assets, net.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-21

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-21

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-15

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-42

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 48
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-48

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 11: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 12: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 13: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 14: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 15: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 16: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 17: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-34

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/280/tableOfContent

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

DEFERRED REVENUES AND CUSTOMERS ADVANCES (Schedule Estimated Revenues Expected To Recognized In Future To Performance Obligations) (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Deferred Revenue Arrangement [Line Items]
Deferred revenues	$ 363,699	$ 371,919	$ 255,443	$ 213,577
2026 [Member]
Deferred Revenue Arrangement [Line Items]
Deferred revenues	70,371
2027 [Member]
Deferred Revenue Arrangement [Line Items]
Deferred revenues	26,189
2028 [Member]
Deferred Revenue Arrangement [Line Items]
Deferred revenues	25,168
2029 [Member]
Deferred Revenue Arrangement [Line Items]
Deferred revenues	21,565
2030 [Member]
Deferred Revenue Arrangement [Line Items]
Deferred revenues	14,778
Thereafter [Member]
Deferred Revenue Arrangement [Line Items]
Deferred revenues	$ 205,628

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Estimated Useful Lives of Intangible Assets) (Details)	12 Months Ended
	Dec. 31, 2025
Current Technology [Member]
Indefinite-Lived Intangible Assets [Line Items]
Intangible Assets Depreciation Rate	20.00%
Current Technology [Member] \| Minimum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Intangible Assets Depreciation Rate	14.30%
Current Technology [Member] \| Maximum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Intangible Assets Depreciation Rate	20.00%
Trade Names [Member]
Indefinite-Lived Intangible Assets [Line Items]
Intangible Assets Depreciation Rate	20.00%
Trade Names [Member] \| Minimum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Intangible Assets Depreciation Rate	20.00%
Trade Names [Member] \| Maximum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Intangible Assets Depreciation Rate	50.00%
Patents [Member]
Indefinite-Lived Intangible Assets [Line Items]
Intangible Assets Depreciation Rate	9.50%
Patents [Member] \| Minimum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Intangible Assets Depreciation Rate	9.50%
Patents [Member] \| Maximum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Intangible Assets Depreciation Rate	10.00%

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 38
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479876/805-20-55-38

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 31
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479876/805-20-55-31

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479876/805-20-55-31

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 14
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479876/805-20-55-14

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 14
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479876/805-20-55-14

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479876/805-20-55-14

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Name Accounting Standards Codification
-Section 55
-Paragraph 40
-SubTopic 30
-Topic 350
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482640/350-30-55-40

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482686/350-30-45-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-3

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-2

+ Details

INVENTORIES, NET (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Inventory write-down	$ 17,827	$ 738,757	$ 46,369

SEGMENT, GEOGRAPHIC AND PRODUCT INFORMATION (Summary of Revenues Within Geographic Areas) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 1,184,444	$ 901,456	$ 2,976,528
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	718,227	379,617	759,611
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	317,595	322,640	1,903,846
International markets [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 148,622	$ 199,199	$ 313,071

- Definition

+ References

+ Details

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Schedule of Changes in AOCI) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (76,477)	$ (46,885)	$ (73,109)
Revaluation	15,212	(23,385)	23,959
Tax on revaluation	(1,118)	(1,762)	(5,504)
Other comprehensive income (loss) before reclassifications	14,094	(25,147)	18,455
Reclassification	49,602	(5,504)	8,432
Tax on reclassification	1,118	1,059	(663)
Gains (Losses) reclassified from accumulated other comprehensive income	50,720	(4,445)	7,769
Net current period other comprehensive income (loss)	64,814	(29,592)	26,224
Ending balance	(11,663)	(76,477)	(46,885)
Unrealized gains (losses) on available-for-sale marketable securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(385)	(4,960)	(25,449)
Revaluation	577	8,782	25,898
Tax on revaluation	0	(1,995)	(5,487)
Other comprehensive income (loss) before reclassifications	577	6,787	20,411
Reclassification	2	(2,966)	107
Tax on reclassification	0	754	(29)
Gains (Losses) reclassified from accumulated other comprehensive income	2	(2,212)	78
Net current period other comprehensive income (loss)	579	4,575	20,489
Ending balance	194	(385)	(4,960)
Unrealized gains (losses) on cash flow hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	1,262	3,940	(1,761)
Revaluation	8,759	(678)	(1,973)
Tax on revaluation	(1,118)	233	(17)
Other comprehensive income (loss) before reclassifications	7,641	(445)	(1,990)
Reclassification	(9,316)	(2,538)	8,325
Tax on reclassification	1,118	305	(634)
Gains (Losses) reclassified from accumulated other comprehensive income	(8,198)	(2,233)	7,691
Net current period other comprehensive income (loss)	(557)	(2,678)	5,701
Ending balance	705	1,262	3,940
Foreign currency translation adjustments on intra-entity transactions that are of a long-term investment in nature [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(78,714)	(43,335)	(37,960)
Revaluation	1,207	(35,379)	(5,375)
Tax on revaluation	0	0	0
Other comprehensive income (loss) before reclassifications	1,207	(35,379)	(5,375)
Reclassification	65,667	0	0
Tax on reclassification	0	0	0
Gains (Losses) reclassified from accumulated other comprehensive income	65,667	0	0
Net current period other comprehensive income (loss)	66,874	(35,379)	(5,375)
Ending balance	(11,840)	(78,714)	(43,335)
Unrealized gains (losses) on foreign currency translation [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	1,360	(2,530)	(7,939)
Revaluation	4,669	3,890	5,409
Tax on revaluation	0	0	0
Other comprehensive income (loss) before reclassifications	4,669	3,890	5,409
Reclassification	(6,751)	0	0
Tax on reclassification	0	0	0
Gains (Losses) reclassified from accumulated other comprehensive income	(6,751)	0	0
Net current period other comprehensive income (loss)	(2,082)	3,890	5,409
Ending balance	$ (722)	$ 1,360	$ (2,530)

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Measurements Tables Abstract

Schedule of Assets and Liabilities Measured at Fair Value

		Fair value measurements as of
Description	Fair Value Hierarchy	December 31, 2025		December 31, 2024
Assets:
Cash, cash equivalents and restricted cash:
Cash	Level 1	$	312,539	$	239,020
Money market mutual funds	Level 1	$	8,315	$	21,075
Deposits	Level 1	$	134,221	$	14,516
Restricted cash	Level 1	$	84,771	$	135,328
Derivative instruments	Level 2	$	705	$	1,262
Short-term marketable securities:
Corporate bonds	Level 2	$	36,601	$	289,856
U.S. Treasury securities	Level 2	$	-	$	12,594
U.S. Government agency securities	Level 2	$	1,496	$	8,829
Long-term marketable securities:
Corporate bonds	Level 2	$	-	$	36,241
U.S. Government agency securities	Level 2	$	-	$	6,356

INCOME TAXES

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

INCOME TAXES

NOTE 25: INCOME TAXES

a.	Tax rates in the U.S:

The Company is subject to U.S. federal tax at the rate of 21%.

On December 22, 2017, the Tax Cuts and Jobs Act (the "Tax Act") was signed into law making significant changes to U.S. income tax law. These changes include, but are not limited to, a corporate tax rate decrease from 35% to 21% effective for tax years 2018 onwards and created new taxes on certain foreign-sourced earnings and certain related-party payments - the Global Intangible Low Taxed Income (“GILTI”). Furthermore, changes introduced by the Tax Act to Section 174 of the Internal Revenue Code, that came into effect on January 1, 2022, require taxpayers to amortize research and development expenditures over five years (if incurred in the U.S.) or fifteen years (if incurred outside the U.S.), thereby increasing taxable income and payable tax.

The Tax Act required the Company to pay U.S. income taxes on accumulated foreign subsidiaries earnings not previously subject to U.S. income tax at a rate of 15.5% to the extent of foreign cash and certain other net current assets and 8% on the remaining earnings. The total tax liability was calculated to approximately $8,500, which are paid over the eight-year period provided in the Tax Act (ended 2025).

b.	Corporate tax in Israel:

The taxable income of Israeli companies is subject to corporate tax at the rate of 23%. The Israeli Subsidiary is also eligible for tax benefits as further described in note 25k.

c.	Carryforward tax losses:

As of December 31, 2025, the Company has carryforward federal tax losses of $261,521 and carryforward state tax losses of $164,331. In addition, the foreign subsidiaries have carryforward tax losses of $2,056,156 (out of which an amount of $79,851 relates to carryforward capital losses of the Israeli Subsidiary). All carryforward tax losses do not have an expiration date.

d.	Deferred taxes:

Deferred taxes reflect the net tax effect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.

Significant components of the Company’s deferred tax liabilities and assets are as follows:

	December 31,
	2025			2024
Deferred tax assets, net:
Research and development carryforward expenses	$	19,698		$	15,857
Carryforward tax losses		341,977			219,341
Stock based compensation expenses		43,523			38,499
Deferred revenue		12,293			12,999
Lease liabilities		8,297			10,634
Inventory Impairment		9,012			10,833
Foreign currency translation		12,137			13,672
Property, plant and equipment		5,353			11,662
Allowance and other reserves		19,429			20,549
Total gross deferred tax assets		471,719			354,046
Less, valuation allowance		(455,884	)		(331,816	)
Total deferred tax assets, net		15,835			22,230
Deferred tax liabilities, net:
Intercompany transactions		-			(4,200	)
Right-of-use assets		(7,504	)		(11,066	)
Acquired intangible assets		(1,251	)		(3,149	)
Property, plant and equipment		(5,906	)		(4,377	)
Other		(1,359	)		(549	)
Total deferred tax liabilities	$	(16,020	)	$	(23,341	)
Recorded as:
Deferred tax liabilities, net¹	$	(185	)	$	(1,111	)

¹ Presented under other long-term liabilities

The Company’s Israeli Subsidiary’s tax-exempt profit from Benefited Enterprises (as defined in note 25k) is permanently reinvested, Therefore, deferred taxes have not been provided for such tax-exempt income.

The Company may incur additional tax liability in the event of intercompany dividend distributions by some of its subsidiaries. Such additional tax liability in respect of these subsidiaries has not been provided for in the Financial Statements as the Company’s management and the Board of Directors has determined that the Company intends to reinvest earnings of its subsidiaries indefinitely.

e.	Uncertain tax positions are comprised as follows:

	December 31,
	2025			2024		2023
Balance, at the beginning of the period	$	32,326		$	15,908	$	2,756
Decrease related to tax settlements		(24,845	)		-		-
Increases related to current year tax positions		-			-		1,502
Increase for tax positions related to prior years		3,373			16,418		11,778
Decrease related to prior year tax positions		(2,209	)		-		(128	)
Balance, at end of the period	$	8,645		$	32,326	$	15,908

The total amount of gross unrecognized tax benefits above would affect the Company's effective tax rate, if recognized.

The Company accrues interest and penalties related to unrecognized tax benefits in its provision for income taxes.

As of December 31, 2025 and 2024, the Company accrued $1,415 and $9,165, respectively.

f.	Income (loss) before income taxes are comprised as follows:

	Year ended December 31,
	2025			2024			2023
Domestic	$	181,819		$	(4,169	)	$	49,758
Foreign		(572,925	)		(1,704,142	)		31,341
Income (loss) before income taxes	$	(391,106	)	$	(1,708,311	)	$	81,099

g.	Income taxes are comprised as follows:

	Year ended December 31,
	2025			2024		2023
Current taxes:
Domestic	$	2,601		$	4,036	$	42,960
Foreign		11,542			12,905		46,531
Total current taxes		14,143			16,941		89,491
Deferred taxes:
Domestic		-			18,163		(2,244	)
Foreign		(761	)		61,046		(40,827	)
Total deferred taxes		(761	)		79,209		(43,071	)
Income taxes, net	$	13,382		$	96,150	$	46,420

h.	Reconciliation of theoretical tax expense to actual tax expense:

The differences between the statutory tax rate of the Company and the effective tax rate are result of a variety of factors, including different effective tax rates applicable to non-US subsidiaries that have tax rates different than the Company tax rate; valuation allowance on deferred tax assets related to losses and other deferred tax assets, where the Company does not foresee the realization of the same; and tax-exempt IRA credits.

A reconciliation of the provision for income taxes to the amount computed by applying the 21% statutory U.S. federal income tax rate to income (loss) before income taxes after the adoption of ASU 2023‑09 is as follows:

	Year Ended December 31, 2025
	Amount			Percent
US Federal statutory tax rate	$	(82,132	)		21.0	%
State and local income taxes, net of federal income tax effect:
State tax⁽¹⁾		2,593			(0.7	)%
Foreign Tax Effects:
Israel
Statutory tax rate difference between Israel and United States		(11,516	)		2.9	%
Changes in valuation allowances		68,509			(17.5	)%
Preferred enterprise		58,877			(15.1	)%
Other		5,225			(1.3	)%
Netherlands
Non‑taxable income resulting from reversal of bad debt		6,168			(1.6	)%
Other		(1,151	)		0.3	%
Changes in valuation allowances		12,610			(3.2	)%
Non-taxable or Non-deductible items:
Non-taxable and other (mainly government grants)		(73,734	)		19.0	%
Non-deductible capital loss		23,360			(6.0	)%
Changes in unrecognized tax benefits		4,573			(1.2	)%
	$	13,382			(3.4	)%

(1) The state that contributes to the majority (greater than 50%) of the tax effect in this category is California.

A reconciliation of the provision for income taxes to the amount computed by applying the 21% statutory U.S. federal income tax rate to income (loss) before income taxes for years prior to the adoption of ASU 2023‑09 is as follows:

	Year Ended December 31,
	2024			2023
Statutory tax rate		21.0	%		21.0	%
Effect of:
Income tax at rate other than the U.S. statutory tax rate		(0.64	)%		(37.3	)%
Losses and timing differences for which valuation allowance was provided		(26.09	)%		27.7	%
Prior year income taxes (benefit)		(0.03	)%		(1.0	)%
R&D Capitalization and other effects of TCJA		-	%		42.5	%
Non-deductible expenses		(2.85	)%		4.5	%
IRA tax benefits		2.85	%		-	%
Other individually immaterial income tax items, net		0.13	%		(0.2	)%
Effective tax rate		(5.63	)%		57.2	%

Tax paid:

Cash paid for income taxes, net of refunds received, by jurisdiction pursuant to the disclosure requirements of ASU 2023-09 for the year ended December 31, 2025 is as follows:

	Year Ended December 31, 2025
US Federal	$	(1,480	)
US State and local:
California		2,400
Other		(293	)
Total US		627
Foreign:
Israel		25,401
Korea		2,575
Other		3,185
Total tax paid	$	31,788

j.	Tax assessments:

The Company's Israeli Subsidiary reached a settlement with the Israeli Tax Authority for tax years 2016-2018.

As of December 31, 2025, the Company and certain of its subsidiaries filed U.S. federal and various state and foreign income tax returns. The statute of limitations relating to the consolidated U.S. federal income tax return is closed for all tax years up to and including 2020.

The statute of limitations related to tax returns of the Company’s Israeli Subsidiary for all tax years up to and including 2020 has lapsed.

The statute of limitations related to tax returns of the Company’s other subsidiaries has lapsed for part of the tax years, which differs between the different subsidiaries.

k.	Tax benefits for Israeli companies under the Law for the Encouragement of Capital Investments, 1959 (the “Investments Law”):

The Israeli Subsidiary elected tax year 2012 as a "Year of Election" for “Benefited Enterprise” status under the Investments Law. According to the Investments Law, the Israeli Subsidiary elected to participate in the alternative benefits program which provides certain benefits, including tax exemptions and reduced tax rates (which depend on, inter alia, the geographic location in Israel). Income not eligible for Benefited Enterprise benefits is taxed at a regular corporate tax rate.

Upon meeting the requirements under the Investments Law, undistributed income derived from Benefited Enterprise from productive activity will be exempt from tax for two years from the year in which the Israeli Subsidiary first has taxable income (“exempt period”), provided that 12 years have not passed from the beginning of the year of election.

On October 24, 2018, the Company’s Israeli Subsidiary received an approval from the Israeli Tax Authorities confirming the applicability of the two-year tax exemption as provided in the Investments Law until December 31, 2018. The Company has determined that tax-exempt income earned by the Israeli Subsidiary “Benefited Enterprises” during the exemption period of 2017 - 2018 will not be distributed as dividends and intends to reinvest the amount of its tax-exempt income earned by the Israeli Subsidiary. Accordingly, no provision for deferred income taxes has been provided on income attributable to the Israeli Subsidiary “Benefited Enterprises” as such income is essentially permanently reinvested.

If the Israeli Subsidiary’s retained tax-exempt income is distributed, the income would be taxed at the applicable corporate tax rate which depends on the foreign ownership in each tax year.

Pursuant to amendment 73 to the Investments Law (“2017 Amendment"), a preferred enterprise located in development area A will be subject to a tax rate of 7.5% instead of 9% effective from January 1, 2017 and thereafter (the tax rate applicable to preferred enterprises located in other areas remains at 16%).

The 2017 Amendment also prescribes special tax tracks for preferred technological enterprises (“PTE”), which are subject to rules that were issued by the Ministry of Finance.

On June 14, 2017, the Encouragement of Capital Investments Regulations (Preferred Technological Income and Capital Gain for Technological Enterprise), 2017 (“Regulations”) were published.

The Regulations describe, inter alia, the mechanism used to determine the calculation of the benefits under the PTE regime. According to these regulations, a company that complies with the terms under the PTE regime may be entitled to certain tax benefits with respect to income generated during the company’s regular course of business and derived from the preferred intangible asset, excluding income derived from intangible assets used for marketing and income attributed to production activity.

A PTE, which is located in the center of Israel will be subject to tax at a rate of 12% on profits deriving from intellectual property, or 6% if its annual revenues exceed NIS 10 billion ("Threshold"). The Israeli Subsidiary notified the ITA of its election to implement the PTE with effect from January 1, 2019, and its PTE income was subject to a 12% tax rate for the years 2019-2021, and in 2022-2023 to a 6% tax rate as the group surpassed the Threshold. In 2025 and 2024, the Company incurred losses for tax purposes.

Tax Benefits for Research and Development:

Israeli tax law (section 20A to the Israeli Tax Ordinance (New Version), 1961) allows a tax deduction for research and development expenses, including capital expenses, in the year in which they are paid. Such expenses must relate to scientific research in industry, agriculture, transportation or energy, and must be approved by the relevant Israeli government ministry, determined by the field of research. Expenses incurred in scientific research that are not approved by the relevant government ministry are amortized over a three-year period starting from the tax year in which they are paid. The Company’s Israeli Subsidiary submitted a formal request to the relevant government ministry in order to obtain such approval for tax years 2019-2021 and intends to submit a similar request with respect to tax year 2023.

Tax benefits under the Law for the Encouragement of Industry (Taxes), 1969:

Some of the Company’s Israeli Subsidiaries claim tax benefits as ‘industrial companies’ under the Law for the Encouragement of Industry (Taxes), 1969, Such benefits consist mainly of accelerated depreciation and amortization of patents and certain other intangible property and the ability to file consolidated tax returns.

In July 2025, the OBBBA, or H.R.1 was enacted into law modifying clean energy tax credits contained in the IRA and imposing new eligibility criteria related thereto. The Company does not expect the H.R.1 to have a material effect on its financial position or results of operations. The Company will continue to monitor regulatory guidance and developments and will update its analysis as necessary. In addition, the H.R.1 makes permanent key elements of the Tax Cuts and Jobs Act, including 100 percent bonus depreciation, domestic research cost expensing, increases the AMIC credit rate to 35 percent from 25 percent for qualifying assets and makes modifications to the international tax framework. The H.R.1 includes multiple effective dates, with certain provisions effective in 2025 and others phased in through 2027. Given the Company’s current loss position for income tax purposes, the provisions of H.R.1 did not have an impact on the current period. The Company continues to evaluate the provisions of H.R.1 that become effective in future years.

On October 1, 2025, the Governor of California signed Senate Bill 302 (“SB 302”) into law. SB 302 provides a gross income exclusion for taxpayers that either elect to receive direct payments from the Internal Revenue Service or receive payment from transfer of certain federal tax credits beginning tax years on or after January 1, 2026, and before January 1, 2031. The Company is currently evaluating the impact of SB 302 will have on its results of operations in future years.

As members of the OECD (Organization for Economic Co-operation and Development) over 140 countries have agreed in principle to a global minimum tax of 15% of reported profits (Pillar 2). The OECD have published model rules on Pillar 2. Many countries have now incorporated Pillar 2 model rule concepts into their domestic laws. Although the model rules provide a framework for applying the minimum tax, countries may enact Pillar 2 slightly differently than the model rules and on different timelines and may adjust domestic tax incentives in response to Pillar 2.

In January 2025, the U.S. issued an executive order announcing opposition to aspects of these rules. In June 2025, the G7 countries agreed that U.S. Multi-National Entities (MNEs) should be excluded from certain aspects of the Pillar 2 global minimum tax rules (the G7 Statement) in exchange for the U.S. not imposing retaliatory taxes. On January 5, 2026, the OECD/G20 announced the Side-by-Side (SbS) package, implemented as administrative guidance and modifying the operation of Pillar 2 rules. The package introduces simplifications and new safe harbors for U.S. and other multinational companies where domestic and international tax systems meet robust requirements to coexist with Pillar 2 which would fully exempt U.S.-parented groups from the application of two of the three Pillar 2 top up taxes. The SbS package also extends the current Transitional Country-by-Country Reporting (CbCR) Safe Harbor by one year, through the end of fiscal year of 2027.

In Israel, a law was enacted in December 2025 to implement the Qualified Domestic Minimum Top-Up Tax (the Israeli QDMTT), aligning with the OECD's Pillar 2 framework for a global minimum tax. This law ensures that profits of companies within multinational groups subject to these rules are taxed in Israel at a minimum Effective Tax Rate. The Israeli QDMTT law will impose a local top-up tax as necessary, with the legislation taking effect on January 1, 2026, and applying to income generated from that date onward.

For companies benefiting from tax incentives under the Encouragement of Capital Investments Law, 5719-1959, the Israeli QDMTT framework may affect how these incentives are utilized and presented in financial statements.

According to the Group's Pillar 2 assessment, the Pillar 2 rules did not materially impact the Group’s consolidated financial statements for the year ended December 31, 2025.

We continue to refine the effective tax rate and cash tax impact for Pillar 2 in light of legislative changes in multiple countries.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 740
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477617/942-740-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 740
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478822/944-740-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12B

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477891/740-270-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-13

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/740/tableOfContent

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-14

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-21

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-17

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-2

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482603/740-30-50-2

+ Details

INVENTORIES, NET (Tables)

12 Months Ended

Dec. 31, 2025

Inventory Disclosure [Abstract]

Schedule of Inventories

	As of December 31,
	2025		2024
Raw materials	$	306,288	$	209,259
Work in process		-		3,113
Finished goods		246,344		433,525
	$	552,632	$	645,897