Stocks Technology ENPH
NASDAQ · TechnologyEnphase Energy, Inc. (ENPH)
Enphase Energy, Inc. brought in $1.2B of revenue over the twelve months to September 30, 2026, down 19.9% from a year earlier. Net income was $90.8M, a net margin of 7.5%. Operating cash flow minus capital spending left $95.9M of free cash flow in fiscal 2025. At September 30, 2026 it held $380.4M in cash against $573.2M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 27, 2026.
Key facts about Enphase Energy, Inc.
- Net worth
- Enphase Energy, Inc. has a market value (market cap) of $3.7B at the latest share price, and shareholders' equity of $1.2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.5B (+10.7% year on year), with net income of $172.1M. Over the 12 months to September 30, 2026: revenue $1.2B, net income $90.8M.
- Cash flow
- In fiscal 2025 operations brought in $136.5M of cash; after $40.6M of capital spending, free cash flow was $95.9M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 27, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Enphase Energy, Inc.'s next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.5B | $172.1M | $1.29 | $95.9M |
| 2024 | $1.3B | $102.7M | $0.75 | $480.1M |
| 2023 | $2.3B | $438.9M | $3.08 | $586.4M |
| 2022 | $2.3B | $397.4M | $2.77 | $698.4M |
| 2021 | $1.4B | $145.4M | n/a | $299.8M |
| 2020 | $774.4M | $134M | n/a | $195.8M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where ENPH ranks in Technology
Latest SEC filings
What Enphase Energy, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026Other event 8-K
- October 27, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 29% to $293.3M versus the same quarter last year; diluted EPS $0.17 versus $0.50.
- October 27, 2026
- August 10, 2026
- July 28, 2026
- July 28, 2026Passive stake changed SCHEDULE 13G/A
- July 28, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 20% to $291.9M versus the same quarter last year; diluted EPS $0.27 versus $0.28.
- July 28, 2026
- June 18, 2026Other event 8-K
- June 15, 2026
What is ENPH worth? A DCF from its reported cash flow
Insider trades
What the people running Enphase Energy, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $298.1K and sold $60.5K worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 3, 2026 | Trivedi ShankerDirector | Boughtindirect | 1,000 | $30.6K |
| November 2, 2026 | Kothandaraman BadrinarayananPresident & CEO, Director | Boughtindirect | 10,000 | $267.5K |
| August 14, 2026 | Mora RichardDirector | Sold | 1,500 | $60.5K |
| July 30, 2026 | Mora RichardDirector | Sold | 2,000 | $73.5K |
| June 12, 2026 | Trivedi ShankerDirector | Boughtindirect | 1,000 | $53.9K |
| June 11, 2026 | Trivedi ShankerDirector | Received as pay | 4,551 | $250K |
| June 1, 2026 | Mora RichardDirector | Sold | 700 | $44.9K |
| May 26, 2026 | Kothandaraman BadrinarayananPresident & CEO, Director | Boughtindirect | 4,400 | $296.4K |
Who owns ENPH
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 7.39% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 5.08% | April 29, 2026 |
Largest institutional holders
Insiders
10 insiders reported holding 3,623,003 shares in total, about $100.1M at the last price.
| Holder | Shares |
|---|---|
| Kothandaraman BadrinarayananPresident & CEO, Director | 1,759,7471,655,632 held indirectly |
| Rodgers Thurman JDirector | 1,606,1831,597,641 held indirectly |
| Yang MandyEVP, Chief Financial Officer | 90,335 |
| Malchow Joseph IanDirector | 69,912 |
| Erginsoy MaryVP, Chief Accounting Officer | 30,537 |
| Haenggi Jamie ElizabethDirector | 20,898 |
| Gomo Steven JDirector | 14,359 |
| Kortlang Benjamin JohnDirector | 14,059 |
| Mora RichardDirector | 10,422 |
| Trivedi ShankerDirector | 6,5512,000 held indirectly |
Questions about ENPH
What does Enphase Energy, Inc. do?
Enphase Energy, Inc. is a company in the Technology sector, listed on NASDAQ as ENPH. Its shares trade on NASDAQ under the ticker ENPH.
What is Enphase Energy, Inc.'s net worth?
Enphase Energy, Inc. has a market value (market cap) of $3.7B at the latest share price, and shareholders' equity of $1.2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Enphase Energy, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $90.8M on revenue of $1.2B, a net margin of 7.5%.
How much revenue does Enphase Energy, Inc. make?
Over the twelve months to September 30, 2026 Enphase Energy, Inc. reported revenue of $1.2B. That is 19.9% 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 October 27, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the planned insider sale from November 9, 2026.
When is Enphase Energy, Inc.'s next earnings report?
Enphase Energy, Inc.'s next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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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.