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NASDAQ · Technology

Enphase Energy, Inc. (ENPH)

Enphase Energy, Inc. brought in $1.4B of revenue over the twelve months to March 31, 2026, down 1.6% from a year earlier. Net income was $135M, a net margin of 9.6%. Operating cash flow minus capital spending left $95.9M of free cash flow in fiscal 2025. At March 31, 2026 it held $497.5M in cash against $572.5M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 28, 2026.

Revenue (last 12 months)
$1.4B
-1.6% year on year
Net margin
9.6%

What Enphase Energy, Inc. does

Enphase Energy, Inc. is registered with the SEC under industry code SIC 3674 (Semiconductors & Related Devices). Its shares trade on NASDAQ under the ticker ENPH.

Revenue and profit by year

Revenue
FY18: $316.2M $316.2M FY18FY19: $624.3M $624.3M FY19FY20: $774.4M $774.4M FY20FY21: $1.4B $1.4B FY21FY22: $2.3B $2.3B FY22FY23: $2.3B $2.3B FY23FY24: $1.3B $1.3B FY24FY25: $1.5B $1.5B FY25
Net income
FY18: -$11.6M -$11.6M FY18FY19: $161.1M $161.1M FY19FY20: $134M $134M FY20FY21: $145.4M $145.4M FY21FY22: $397.4M $397.4M FY22FY23: $438.9M $438.9M FY23FY24: $102.7M $102.7M FY24FY25: $172.1M $172.1M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$1.5B$157.5M$172.1M$1.29$95.9M
2024$1.3B$77.3M$102.7M$0.75$480.1M
2023$2.3B$445.7M$438.9M$3.08$586.4M
2022$2.3B$448.3M$397.4M$2.77$698.4M
2021$1.4B$215.8M$145.4Mn/a$299.8M
2020$774.4M$186.4M$134Mn/a$195.8M

Latest SEC filings

What Enphase Energy, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 10, 2026
  2. July 28, 2026
  3. July 28, 2026
  4. July 28, 2026
    Quarterly report 10-Q · period to June 30, 2026
  5. July 28, 2026
  6. June 18, 2026
  7. June 15, 2026
  8. May 29, 2026
  9. May 15, 2026
  10. April 29, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 14, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about ENPH

What does Enphase Energy, Inc. do?

Enphase Energy, Inc. is registered with the SEC under industry code SIC 3674 (Semiconductors & Related Devices). Its shares trade on NASDAQ under the ticker ENPH.

Is Enphase Energy, Inc. profitable?

Yes. Over the twelve months to March 31, 2026 it reported net income of $135M on revenue of $1.4B, a net margin of 9.6%.

How much revenue does Enphase Energy, Inc. make?

Over the twelve months to March 31, 2026 Enphase Energy, Inc. reported revenue of $1.4B. That is 1.6% less than a year earlier.

When did Enphase Energy, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 28, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from August 14, 2026.

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Where the numbers come from

Financial figures are the values Enphase Energy, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.