stockrowEnphase 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.
- Revenue
- −28.5%
- EPS
- −65.3%
- Free cash flow
- −293.2%
- Total debt
- −52.4%
Quarter to September 2026, against a year earlier
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Enphase Energy, Inc. (ENPH) EBITDA
Enphase Energy, Inc.'s EBITDA for fiscal 2025 was $239.2M, up 59.4% from $150.1M in fiscal 2024. Over the twelve months to 30 September 2026 it was $136.9M. Over the past ten years it has ranged from −$51.9M (fiscal 2016) to $504.9M (fiscal 2023); the current reading is higher than 73% of that period. Enphase Energy, Inc. ranks 4th of 22 Solar companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $239.2M | 59.39% |
| FY2024 | $150.1M | (70.27%) |
| FY2023 | $504.9M | 0.10% |
| FY2022 | $504.4M | 103.17% |
| FY2021 | $248.3M | 21.38% |
| FY2020 | $204.5M | 75.05% |
| FY2019 | $116.8M | 937.45% |
| FY2018 | $11.3M | — |
| FY2017 | −$30.4M | — |
| FY2016 | −$51.9M | — |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Sep 2026 | $26.3M | (63.42%) |
| Jun 2026 | $71.9M | — |
| Mar 2026 | −$3.7M | — |
| Dec 2025 | $42.4M | (50.48%) |
| 43 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| FSLR First Solar, Inc. compare | $2.5B |
| RUN Sunrun Inc. compare | $840.6M |
| NXT Nextpower Inc. compare | $770.4M |
| ENPH Enphase Energy, Inc. | $136.9M |
| ARRY Array Technologies, Inc. compare | $104.2M |
| SHLS Shoals Technologies Group, Inc. compare | $91.3M |
| SEDG SolarEdge Technologies, Inc. compare | −$128.6M |
| DQ DAQO New Energy Corp. compare | −$348.4M |
| JKS Jinko Holdings Limited - Unsponsored ADR compare | −$983.1M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement