Energy -
Solar - NASDAQ - US
$ 52.87
-7.78 %
$ 7 B
Market Cap
70.49
P/E
INCOME STATEMENT
EFFICIENCY
Earnings Waterfall
Enphase Energy, Inc.
| Revenue | 1.33 B |
| Cost Of Revenue | 701 M |
| Gross Profit | 629 M |
| Operating Expenses | 552 M |
| Operating Income | 77.3 M |
| Other Expenses | -25.4 M |
| Net Income | 103 M |
Income Statement
Millions
| 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 | |||||||||||||||||
| Revenue | 1 330.4 | 2 290.8 | 2 330.9 | 1 382.0 | 774.4 | 624.3 | 316.2 | 286.2 | 322.6 | 357.2 | 343.9 | 232.8 | 216.7 | 149.5 | 61.7 | 20.2 | 1.7 |
| GROSS PROFIT | |||||||||||||||||
| Cost Of Revenue | 701.2 | 1 232.4 | 1 356.3 | 827.6 | 428.4 | 403.1 | 221.7 | 230.1 | 264.6 | 249.0 | 230.9 | 165.4 | 161.4 | 120.5 | 55.2 | 23.2 | 7.5 |
| Gross Profit | 629.1 | 1 058.4 | 974.6 | 554.4 | 346.0 | 221.2 | 94.4 | 56.0 | 58.0 | 108.2 | 113.0 | 67.4 | 55.3 | 29.1 | 6.5 | (3.0) | (5.8) |
| OPERATING INCOME | |||||||||||||||||
| Operating Expenses | 551.8 | 612.6 | 524.0 | 338.6 | 159.5 | 115.9 | 88.7 | 78.5 | 116.9 | 127.5 | 117.5 | 89.6 | 86.4 | 57.8 | 27.2 | 13.7 | 8.9 |
| Selling, General and Administrative Expenses | 337.4 | 369.6 | 355.1 | 233.1 | 103.6 | 75.5 | 56.1 | 45.3 | 66.2 | 76.7 | 72.1 | 55.0 | 50.8 | 32.7 | 12.9 | 5.3 | 3.5 |
| Research and Development Expenses | 201.3 | 227.3 | 168.8 | 105.5 | 55.9 | 40.4 | 32.6 | 33.2 | 50.7 | 50.8 | 45.4 | 34.5 | 35.6 | 25.1 | 14.3 | 8.4 | 5.4 |
| Operating Income | 77.3 | 445.7 | 448.3 | 215.8 | 186.4 | 102.7 | 1.6 | (39.4) | (62.7) | (19.3) | (4.4) | (22.2) | (31.2) | (28.7) | (20.7) | (16.7) | (14.7) |
| PRE-TAX INCOME | |||||||||||||||||
| Interest Income Expense | 8.9 | 8.8 | 9.4 | 45.2 | 21.0 | 9.7 | 9.6 | 7.9 | 2.8 | 0.5 | 1.9 | 2.1 | 6.4 | 3.0 | 0.9 | 0.4 | 9 K |
| Total Other Income | 42.9 | 67.4 | 3.8 | (94.9) | (67.0) | (12.6) | (11.8) | (6.0) | (3.3) | (1.4) | (2.9) | (2.9) | (6.4) | (3.6) | (1.1) | 16.7 | 0.2 |
| Pre-Tax Income | 120.2 | 513.1 | 452.0 | 120.9 | 119.4 | 90.1 | (10.2) | (45.3) | (66.0) | (20.7) | (7.3) | (25.1) | (37.6) | (32.3) | (21.8) | (16.9) | (14.5) |
| NET INCOME | |||||||||||||||||
| Tax Provision | 17.5 | 74.2 | 54.7 | (24.5) | (14.6) | (71.0) | 1.4 | (0.1) | 1.5 | 1.4 | 0.8 | 0.9 | 0.7 | 32.3 | 21.8 | 16.9 | 0 |
| Net Income | 102.7 | 438.9 | 397.4 | 145.4 | 134.0 | 161.1 | (11.6) | (45.2) | (67.5) | (22.1) | (8.1) | (25.9) | (38.2) | (32.3) | (21.8) | (16.9) | (14.5) |
| EPS | 0.76 | 3.24 | 2.94 | 1.09 | 1.07 | 1.38 | 0.12 | 0.54 | 1.34 | 0.49 | 0.19 | 0.62 | 1.24 | 0.82 | 19.3 | 15 | 0.37 |