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.

Jun '26 Mar '26 Dec '25 Sep '25 Older periods
Revenue
291.85 282.90 343.32 410.43

+8 more quarters

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

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