Enphase Energy, Inc.

ENPH Technology Solar

Enphase Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 10.7% from fiscal 2024. In the quarter to June 2026, revenue fell 19.6%, EPS fell 3.57%, free cash flow grew 41.2% and total debt fell 52.4%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

30.82 1.47 +5.01%
Market cap
$4.1B
P/E
30.2×
Fwd P/E
194×
Dividend yield
—
F-score
6/9
Altman Z
1.99
Beneish M
−2.40
Dividend safety
n/a

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Older periods Sep '25 Dec '25 Mar '26 Jun '26
Revenue

+8 more quarters

410.43 343.32 282.90 291.85
Revenue Growth
7.76% (10.29%) (20.55%) (19.63%)
Cost of Revenue
214.19 191.29 182.51 116.84
Gross Profit
196.24 152.03 100.39 175.01
R&D Expenses
47.27 46.21 44.87 45.66
SG&A Expenses
81.53 84.02 81.34 76.88
Operating Income
66.16 22.44 (29.64) 51.52
Non-operating Interest Expenses
0.83 0.83 0.63 0.33
Non-operating Income/Expense
10.86 16.26 15.78 10.38
EBT
77.02 38.70 (13.86) 61.90
Income Tax Provision
10.38 (0.02) (6.45) 25.82
Income after Tax
66.64 38.71 (7.41) 36.08
Dividends (Preferred)
— 0.00 0.00 —
Net Income Common
66.64 38.71 (7.41) 36.08
EPS (Basic)
0.51 0.30 (0.06) 0.27
EPS (Diluted)
0.50 0.29 (0.06) 0.27
Shares (Basic, Weighted)
130.80 131.16 131.34 131.96
Shares (Diluted, Weighted)
133.00 134.89 131.34 135.12
Gross Margin
47.81% 44.28% 35.49% 59.97%
EBIT Margin
16.12% 6.54% (10.48%) 17.65%
EBT margin
18.77% 11.27% (4.90%) 21.21%
Net Profit Margin
16.24% 11.28% (2.62%) 12.36%
EBITDA
85.61 42.40 (3.72) 71.90
EBIT
66.16 22.44 (29.64) 51.52
Income from Continuous Operations
66.64 38.71 (7.41) 36.08
Consolidated Net Income/Loss
66.64 38.71 (7.41) 36.08
EPS (Basic, from Continuous Ops)
0.51 0.29 (0.06) 0.27
EPS (Diluted, from Cont. Ops)
0.50 0.28 (0.06) 0.27
EPS (Basic, Consolidated)
0.51 0.29 (0.06) 0.27
EPS (Diluted, Consolidated)
0.50 0.28 (0.06) 0.27
Shares (Diluted, Average)
133.00 133.46 131.34 135.12
EBITDA Margin
20.86% 12.35% (1.31%) 24.64%
Operating Cash Flow Margin
3.39% 13.86% 36.36% 13.82%

Fold the line items

In millions of $ except per-share values · columns are period end dates