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.

Revenue
−28.5%
EPS
−65.3%
Free cash flow
−293.2%
Total debt
−52.4%

Quarter to September 2026, against a year earlier

28.13 0.84 −2.90%
Market cap
$3.8B
P/E
42.5×
Fwd P/E
82.4×
Dividend yield
—
F-score
6/9
Altman Z
1.99
Beneish M
−2.40
Dividend safety
n/a

Enphase Energy, Inc. (ENPH) Revenue growth

Alert me on Revenue growth

Enphase Energy, Inc.'s revenue growth over the twelve months to 30 September 2026 was −19.9%, down 30.6 percentage points from fiscal 2025 (10.7%). Over the past ten years it has ranged from −41.9% (fiscal 2024) to 97.5% (fiscal 2019); the current reading is higher than 64% of that period. That is below the Solar industry median of 10.5% and below the Technology sector median of 11.8%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 10.7% 52.64
FY2024 −41.9% (40.20)
FY2023 −1.72% (70.37)
FY2022 68.7% (9.81)
FY2021 78.5% 54.42
FY2020 24.0% (73.43)
FY2019 97.5% 86.99
FY2018 10.5% 21.77
FY2017 −11.3% (1.59)
FY2016 −9.70% (13.58)

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 −28.5% (8.90)
Jun 2026 −19.6% 0.92
Mar 2026 −20.6% (10.26)
Dec 2025 −10.3% (18.05)
43 more quarters

Against its own ten years

Low −41.9% High 97.5%
Ten-year median 10.5%
Current reading's percentile 64

Revenue growth against peers

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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