Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
34.30
-0.94 (-2.67%)
At close: Apr 28, 2026, 4:00 PM EDT
30.35
-3.95 (-11.52%)
After-hours: Apr 28, 2026, 7:57 PM EDT
Enphase Energy Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Revenue | 1,400 | 1,473 | 1,330 | 2,291 | 2,331 | 1,382 | Upgrade
|
| Revenue Growth (YoY) | -1.64% | 10.72% | -41.93% | -1.72% | 68.65% | 78.46% | Upgrade
|
| Cost of Revenue | 1,019 | 1,025 | 858.75 | 1,232 | 1,356 | 827.63 | Upgrade
|
| Gross Profit | 380.46 | 448.3 | 471.64 | 1,058 | 974.6 | 554.42 | Upgrade
|
| Selling, General & Admin | 331.63 | 333.27 | 337.38 | 369.63 | 352.9 | 228.16 | Upgrade
|
| Research & Development | 183.77 | 189.08 | 201.32 | 227.34 | 168.85 | 105.53 | Upgrade
|
| Other Operating Expenses | -238.7 | -238.7 | -157.5 | - | - | - | Upgrade
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| Operating Expenses | 276.7 | 283.65 | 381.19 | 596.96 | 521.75 | 333.69 | Upgrade
|
| Operating Income | 103.76 | 164.66 | 90.45 | 461.43 | 452.85 | 220.73 | Upgrade
|
| Interest Expense | -3.11 | -4.52 | -8.91 | -8.84 | -9.44 | -45.15 | Upgrade
|
| Interest & Investment Income | 58.32 | 62.72 | 77.31 | 69.73 | 13.66 | 0.7 | Upgrade
|
| Currency Exchange Gain (Loss) | -1 | -1 | -5 | - | - | - | Upgrade
|
| Other Non Operating Income (Expenses) | 3.58 | -0.23 | 0.3 | -1.57 | -0.43 | 6.05 | Upgrade
|
| EBT Excluding Unusual Items | 161.55 | 221.63 | 154.15 | 520.75 | 456.63 | 182.33 | Upgrade
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| Merger & Restructuring Charges | -4.68 | -4.02 | 15.69 | -5.08 | -4.58 | -4.9 | Upgrade
|
| Gain (Loss) on Sale of Investments | -9.69 | -9.69 | -20.83 | 8.08 | - | - | Upgrade
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| Asset Writedown | -3.11 | -3.11 | -28.84 | -10.6 | - | - | Upgrade
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| Other Unusual Items | - | - | - | - | - | -56.5 | Upgrade
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| Pretax Income | 144.06 | 204.81 | 120.16 | 513.14 | 452.05 | 120.93 | Upgrade
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| Income Tax Expense | 9.06 | 32.68 | 17.5 | 74.2 | 54.69 | -24.52 | Upgrade
|
| Net Income | 135 | 172.13 | 102.66 | 438.94 | 397.36 | 145.45 | Upgrade
|
| Net Income to Common | 135 | 172.13 | 102.66 | 438.94 | 397.36 | 145.45 | Upgrade
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| Net Income Growth | -9.08% | 67.68% | -76.61% | 10.46% | 173.20% | 8.55% | Upgrade
|
| Shares Outstanding (Basic) | 131 | 131 | 135 | 136 | 135 | 134 | Upgrade
|
| Shares Outstanding (Diluted) | 134 | 135 | 140 | 143 | 144 | 143 | Upgrade
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| Shares Change (YoY) | -4.58% | -3.66% | -2.29% | -0.76% | 1.06% | 0.68% | Upgrade
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| EPS (Basic) | 1.03 | 1.31 | 0.76 | 3.22 | 2.94 | 1.09 | Upgrade
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| EPS (Diluted) | 1.02 | 1.29 | 0.75 | 3.08 | 2.77 | 1.02 | Upgrade
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| EPS Growth | -5.70% | 71.86% | -75.63% | 11.23% | 171.79% | 7.81% | Upgrade
|
| Free Cash Flow | 145.07 | 95.9 | 480.09 | 586.38 | 698.37 | 299.77 | Upgrade
|
| Free Cash Flow Per Share | 1.08 | 0.71 | 3.43 | 4.09 | 4.84 | 2.10 | Upgrade
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| Gross Margin | 27.18% | 30.44% | 35.45% | 46.20% | 41.81% | 40.12% | Upgrade
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| Operating Margin | 7.41% | 11.18% | 6.80% | 20.14% | 19.43% | 15.97% | Upgrade
|
| Profit Margin | 9.64% | 11.69% | 7.72% | 19.16% | 17.05% | 10.52% | Upgrade
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| Free Cash Flow Margin | 10.36% | 6.51% | 36.09% | 25.60% | 29.96% | 21.69% | Upgrade
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| EBITDA | 178.9 | 238.9 | 163.06 | 536.13 | 511.62 | 251.58 | Upgrade
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| EBITDA Margin | 12.78% | 16.22% | 12.26% | 23.40% | 21.95% | 18.20% | Upgrade
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| D&A For EBITDA | 75.14 | 74.24 | 72.61 | 74.71 | 58.78 | 30.85 | Upgrade
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| EBIT | 103.76 | 164.66 | 90.45 | 461.43 | 452.85 | 220.73 | Upgrade
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| EBIT Margin | 7.41% | 11.18% | 6.80% | 20.14% | 19.43% | 15.97% | Upgrade
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| Effective Tax Rate | 6.29% | 15.96% | 14.56% | 14.46% | 12.10% | - | Upgrade
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| Advertising Expenses | - | 2.7 | 1.7 | 3.8 | 3.8 | 16.2 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.