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
Jun '26 Mar '26 Dec '25 Sep '25 Older periods
ROE
13.00% 14.11% 17.93% 20.31%

+8 more TTM periods

Piotroski F-Score
5 6 6 8
ROA
4.40% 4.63% 5.09% 5.94%
ROIC
8.45% 8.06% 12.65% 16.47%
Return on Tangible Assets
8.81% 9.08% 11.62% 14.47%
Average Days of Receivables
75.17 51.26 56.96 64.08
Free Cash Flow per Share
1.16 1.10 0.73 1.66
Free Cash Flow
152.63 145.07 95.90 217.29
Capital Expenditures
(52.06) (45.93) (40.64) (38.96)
Other line items
Cash ROIC
5.67% 5.57% 2.52% 5.91%
Accounts Receivable Turnover
5.35 6.63 6.49 6.08
Accounts Payable Turnover
4.91 6.82 5.36 5.18
Inventory Turnover
3.08 3.59 3.47 4.48
Average Days of Payables
64.52 53.05 94.29 88.34
Days of Inventory on Hand
147.60 135.92 133.77 88.38
Tax Rate
(0.18) (0.06) (0.16) (0.17)
Research and Development Expense of Revenue
13.85% 13.13% 12.84% 12.78%
Selling, General and Administrative Expense of Revenue
24.37% 23.69% 22.63% 22.02%
Share Based Compensation of Revenue
14.84% 14.82% 14.53% 14.07%
Interest Coverage
42.18 30.89 34.84 31.95
Operating CF/Net income
1.53 1.41 0.79 1.31
Depreciation/Fixed assets
0.63 0.61 0.60 0.57
Capex/Depreciation
(0.61) (0.55) (0.50) (0.52)
Revenue per Share
10.07 10.66 11.23 11.56
Operating CF per Share
1.55 1.45 1.04 1.96
Capex per Share
(0.39) (0.35) (0.31) (0.30)
Capex to Sales
0.04 0.03 0.03 0.03

Fold the line items

Columns are period end dates