$31.13
-0.86
(-2.69%)
As of Oct 22, 2026, 2:53 PM EDT · cached
Price history
Enphase Energy (ENPH) is trading down at $31.13 (-2.69%), as of the latest quote. It is a Russell 1000 constituent in the Technology sector.
Enphase Energy revenue & net income history (FY2016–FY2025)
RevenueNet incomeNet margin (right axis, %)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $322.6M | $286.2M | $316.2M | $624.3M | $774.4M | $1.38B | $2.33B | $2.29B | $1.33B | $1.47B |
| Growth (year over year) | −9.7% | −11.3% | +10.5% | +97.5% | +24.0% | +78.5% | +68.7% | −1.7% | −41.9% | +10.7% |
| Gross profit | $58.0M | $56.0M | $94.4M | $221.2M | $346.0M | $554.4M | $974.6M | $1.06B | $629.1M | $687.0M |
| Gross margin | 18.0% | 19.6% | 29.9% | 35.4% | 44.7% | 40.1% | 41.8% | 46.2% | 47.3% | 46.6% |
| Operating income | −$62.7M | −$39.4M | $1.60M | $102.7M | $186.4M | $215.8M | $448.3M | $445.7M | $77.3M | $157.5M |
| Operating margin | −19.4% | −13.8% | 0.5% | 16.5% | 24.1% | 15.6% | 19.2% | 19.5% | 5.8% | 10.7% |
| Net income | −$67.5M | −$45.2M | −$11.6M | $161.1M | $134.0M | $145.4M | $397.4M | $438.9M | $102.7M | $172.1M |
| Net margin | −20.9% | −15.8% | −3.7% | 25.8% | 17.3% | 10.5% | 17.0% | 19.2% | 7.7% | 11.7% |
| EPS (diluted) | — | — | — | — | — | — | $2.77 | $3.08 | $0.75 | $1.29 |
| Balance sheet | ||||||||||
| Cash and equivalents | $17.8M | $29.1M | $106.2M | $251.4M | $679.4M | $119.3M | $473.2M | $288.7M | $369.1M | $474.3M |
| Total assets | $163.6M | $169.1M | $339.9M | $713.2M | $1.20B | $2.08B | $3.08B | $3.38B | $3.25B | $3.51B |
| Total liabilities | $162.3M | $178.3M | $332.2M | $441.0M | $716.1M | $1.65B | $2.26B | $2.40B | $2.42B | $2.42B |
| Long-term debt | $20.8M | $32.3M | $81.6M | $102.7M | $4.90M | $951.6M | $1.20B | $1.29B | $1.20B | $572.2M |
| Shareholders' equity | $1.30M | −$9.13M | $7.78M | $272.2M | $484.0M | $430.2M | $825.6M | $983.6M | $833.0M | $1.09B |
| Cash flow | ||||||||||
| Operating cash flow | −$33.0M | −$28.4M | $16.1M | $139.1M | $216.3M | $352.0M | $744.8M | $696.8M | $513.7M | $136.5M |
| Capital expenditure | $12.2M | $4.12M | $4.15M | $14.8M | $20.6M | $52.3M | $46.4M | $110.4M | $33.6M | $40.6M |
| Free cash flow | −$45.1M | −$32.6M | $12.0M | $124.3M | $195.8M | $299.8M | $698.4M | $586.4M | $480.1M | $95.9M |
| Share buybacks | — | — | — | $0 | $0 | $500.0M | $0 | $410.0M | $391.4M | $130.0M |
RevenueNet incomeNet margin (right axis, %)
| Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $303.5M | $380.9M | $382.7M | $356.1M | $363.2M | $410.4M | $343.3M | $282.9M |
| Growth (year over year) | −57.3% | −30.9% | +26.5% | +35.2% | +19.7% | +7.8% | −10.3% | −20.6% |
| Gross profit | $137.2M | $178.2M | $198.3M | $168.2M | $170.5M | $196.2M | $152.0M | $100.4M |
| Gross margin | 45.2% | 46.8% | 51.8% | 47.2% | 46.9% | 47.8% | 44.3% | 35.5% |
| Operating income | $1.80M | $49.8M | $54.8M | $31.9M | $37.0M | $66.2M | $22.4M | −$29.6M |
| Operating margin | 0.6% | 13.1% | 14.3% | 9.0% | 10.2% | 16.1% | 6.5% | −10.5% |
| Net income | $10.8M | $45.8M | $62.2M | $29.7M | $37.1M | $66.6M | $38.7M | −$7.41M |
| Net margin | 3.6% | 12.0% | 16.2% | 8.3% | 10.2% | 16.2% | 11.3% | −2.6% |
| EPS (diluted) | $0.08 | $0.33 | $0.46 | $0.22 | $0.28 | $0.50 | $0.29 | −$0.06 |
| Balance sheet | ||||||||
| Cash and equivalents | $252.1M | $256.3M | $369.1M | $350.1M | $370.5M | $401.9M | $474.3M | $497.5M |
| Total assets | $3.17B | $3.26B | $3.25B | $3.11B | $3.18B | $3.32B | $3.51B | $2.72B |
| Total liabilities | $2.28B | $2.33B | $2.42B | $2.30B | $2.30B | $2.33B | $2.42B | $1.62B |
| Long-term debt | $1.20B | $1.20B | $1.20B | $571.2M | $571.5M | $571.9M | $572.2M | $572.5M |
| Shareholders' equity | $884.5M | $931.4M | $833.0M | $810.7M | $880.6M | $995.0M | $1.09B | $1.10B |
| Cash flow | ||||||||
| Operating cash flow | $127.1M | $170.1M | $167.3M | $48.4M | $26.6M | $13.9M | $47.6M | $102.9M |
| Capital expenditure | $9.64M | $8.53M | $8.06M | $14.6M | $8.26M | $8.03M | $9.74M | $19.9M |
| Free cash flow | $117.4M | $161.6M | $159.2M | $33.8M | $18.4M | $5.89M | $37.8M | $83.0M |
| Share buybacks | $99.9M | $49.8M | $199.7M | $100.0M | $30.0M | $0 | $0 | $0 |
From Enphase Energy's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Enphase Energy
Enphase Energy, Inc. is an American energy technology company headquartered in Fremont, California, that develops and manufactures solar micro-inverters, battery energy storage, and EV charging stations primarily for residential customers. Enphase was established in 2006 and is the first company to successfully commercialize solar micro-inverters, which convert the direct current (DC) power generated by solar panels into grid-compatible alternating current (AC) for use or export. The company has shipped more than 48 million microinverters to 2.5 million solar systems in more than 140 countries.
Source: Wikipedia — Enphase Energy
- Headquarters
- Fremont, California From SEC filings, Oct 2026
Recent News (6)
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Enphase Energy Drops 5% as Solar Selling Resumes; First Solar and Sunrun Fall 4%
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