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
1,328.50 1,399.80 1,472.99 1,512.38

+8 more TTM periods

Cost of Revenue
704.83 780.65 785.98 779.11
Gross Profit
623.68 619.16 687.00 733.27
R&D Expenses
184.01 183.77 189.08 193.25
SG&A Expenses
323.77 331.63 333.27 332.95
Operating Income
110.47 95.96 157.53 189.89
Non-operating Income/Expense
53.28 48.10 47.29 45.92
Non-operating Interest Expenses
2.62 3.11 4.52 5.94
EBT
163.76 144.06 204.81 235.82
Income Tax Provision
29.73 9.06 32.68 40.24
Income after Tax
134.02 135.00 172.13 195.58
Dividends (Preferred)
— 0.00 0.00 —
Net Income Common
134.02 135.00 172.13 195.58
EPS (Basic)
1.02 1.03 1.32 1.48
EPS (Diluted)
1.00 1.01 1.29 1.45
Shares (Basic, Weighted)
131.31 131.08 131.21 132.22
Shares (Diluted, Weighted)
133.59 133.61 134.83 136.11
Gross Margin
46.95% 44.23% 46.64% 48.48%
EBIT Margin
8.32% 6.86% 10.69% 12.56%
EBT margin
12.33% 10.29% 13.90% 15.59%
Net Profit Margin
10.09% 9.64% 11.69% 12.93%
Free Cash Flow Margin
11.49% 10.36% 6.51% 14.37%
EBITDA
196.19 180.15 239.22 264.80
EBIT
110.47 95.96 157.53 189.89
EPS (Diluted, from Cont. Ops)
0.99 1.00 1.28 1.44
EPS (Diluted, Consolidated)
0.99 1.00 1.28 1.44
EPS (Basic, Consolidated)
1.02 1.03 1.31 1.48
Shares (Diluted, Average)
133.23 133.25 134.47 135.64
EPS (Basic, from Continuous Ops)
1.02 1.03 1.31 1.48
Income from Continuous Operations
134.02 135.00 172.13 195.58
Consolidated Net Income/Loss
134.02 135.00 172.13 195.58
EBITDA Margin
14.77% 12.87% 16.24% 17.51%
Operating Cash Flow Margin
15.41% 13.64% 9.27% 16.94%

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