ENPH - NASDAQ
Enphase Energy, Inc.
$69.02
+8.3%Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
At a Glance
Live SnapshotEnphase Energy, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Strong gross margins indicate healthy pricing and efficient production or service delivery.
Operating Margin
Acceptable margins but limited operational leverage. Operating expense control is important.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.
Enphase Energy, Inc. Income Statement
ENPH • NASDAQ
| Enphase Energy, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||
1.5B | 1.3B | 2.3B | 2.3B | 1.4B | 774.4M | 624.3M | 316.2M | 286.2M | 322.6M | 357.2M | 343.9M | 232.8M | 216.7M | 149.5M | 61.7M | 20.2M | 1.7M | |
GROSS PROFIT | ||||||||||||||||||
(786M) | (701.2M) | (1.2B) | (1.4B) | (827.6M) | (428.4M) | (403.1M) | (221.7M) | (230.1M) | (264.6M) | (249M) | (230.9M) | (165.4M) | (161.4M) | (120.5M) | (55.2M) | (23.2M) | (7.5M) | |
687M | 629.1M | 1.1B | 974.6M | 554.4M | 346M | 221.2M | 94.4M | 56M | 58M | 108.2M | 113M | 67.4M | 55.3M | 29.1M | 6.5M | -3M | -5.8M | |
OPERATING INCOME | ||||||||||||||||||
(522.3M) | (551.8M) | (612.6M) | (526.3M) | (338.6M) | (159.5M) | (118.5M) | (92.8M) | (95.4M) | (120.7M) | (127.5M) | (117.5M) | (89.6M) | (86.4M) | (57.8M) | (27.2M) | (13.7M) | (8.9M) | |
(333.3M) | (337.4M) | (369.6M) | (355.1M) | (233.1M) | (103.6M) | (75.5M) | (56.1M) | (45.3M) | (66.2M) | (76.7M) | (72.1M) | (55.1M) | (50.8M) | (32.7M) | (12.9M) | (5.3M) | (3.5M) | |
(189.1M) | (201.3M) | (227.3M) | (168.8M) | (105.5M) | (55.9M) | (40.4M) | (32.6M) | (33.2M) | (50.7M) | (50.8M) | (45.4M) | (34.5M) | (35.6M) | (25.1M) | (14.3M) | (8.4M) | (5.4M) | |
164.7M | 77.3M | 445.7M | 448.3M | 215.8M | 186.4M | 102.7M | 1.6M | -39.4M | -62.7M | -19.3M | -4.4M | -22.2M | -31.2M | -28.7M | -20.7M | -16.7M | -14.7M | |
PRE-TAX INCOME | ||||||||||||||||||
(4.5M) | (8.9M) | (8.8M) | (9.4M) | (45.2M) | (21M) | (9.7M) | (9.6M) | (7.9M) | (2.8M) | (501K) | (1.9M) | (2.1M) | (6.4M) | (3M) | (914K) | (356K) | (9K) | |
58.2M | 68.4M | 60.9M | 4.2M | -44.5M | -18.8M | -7.2M | -9.6M | -7.9M | -2.8M | -501K | -1.9M | -2.1M | -6.4M | -3M | -875K | -231K | 197K | |
(0.0) | (13.2M) | (15.7M) | (2.4M) | (0.0) | (0.0) | (2.6M) | (4.1M) | (16.9M) | (3.8M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
40.2M | 42.9M | 67.4M | 3.8M | -94.9M | -67M | -12.6M | -11.8M | -6M | -3.3M | -1.4M | -2.9M | -2.9M | -6.4M | -3.6M | -1.1M | 16.7M | 196K | |
204.8M | 120.2M | 513.1M | 452M | 120.9M | 119.4M | 90.1M | -10.2M | -45.3M | -66M | -20.7M | -7.3M | -25.1M | -37.6M | -32.3M | -21.8M | -16.9M | -14.5M | |
NET INCOME | ||||||||||||||||||
(32.7M) | (17.5M) | (74.2M) | (54.7M) | -24.5M | -14.6M | -71M | (1.4M) | -149K | (1.5M) | (1.4M) | (766K) | (863K) | (651K) | (0.0) | (0.0) | (0.0) | (0.0) | |
172.1M | 102.7M | 438.9M | 397.4M | 145.4M | 134M | 161.1M | -11.6M | -45.2M | -67.5M | -22.1M | -8.1M | -25.9M | -38.2M | -32.3M | -21.8M | -16.9M | -14.5M |
SEC Filings
ENPH - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 15, 2026 | May 13, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 28, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 28, 2026 | April 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 06, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | April 01, 2026 | December 31, 2025 | 2025 | |
10-K 10-K 2025 FY FY | February 17, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 03, 2026 | February 03, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 23, 2026 | January 20, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | October 28, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 28, 2025 | October 28, 2025 | 2025 |
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