ENPH
Enphase Energy (ENPH)
NASDAQ
$47.37-$5.04 (-9.62%)
Price as of Jun 23, 2026 7:59 PM EDT
  • $6.9B
    Market Cap
  • 51.65%
    1-Year Change
  • Solar
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
1.5B
+10.72%
1.3B
-41.92%
2.3B
-1.72%
2.3B
+68.65%
Cost of Revenue
786.0M
+12.08%
701.2M
-43.10%
1.2B
-9.13%
1.4B
+63.87%
Gross Profit
687.0M
+9.20%
629.1M
-40.56%
1.1B
+8.60%
974.6M
+75.79%
Sales and Marketing Expense
197.5M
-4.38%
206.6M
-10.89%
231.8M
+7.76%
215.1M
+66.78%
Research and Development Expense
-189.1M
-6.08%
-201.3M
-11.45%
-227.3M
+34.64%
-168.8M
+60.00%
Depreciation and Amortization Expense
80.6M
-0.91%
81.4M
+8.94%
74.7M
+27.11%
58.8M
+81.19%
Total Operating Expenses
529.5M
-4.05%
551.8M
-9.92%
612.6M
+16.40%
526.3M
+55.45%
Operating Profit
157.5M
+103.81%
77.3M
-82.66%
445.7M
-0.56%
448.3M
+107.69%
Interest Income
62.7M
-18.87%
77.3M
+10.87%
69.7M
+410.60%
13.7M
+1,864.89%
Interest Expense
-1.3M
-0.92%
-1.3M
-85.20%
-8.8M
-6.35%
-9.4M
-79.10%
Interest Income and Expense and Net
61.4M
-19.17%
76.0M
+24.81%
60.9M
+1,343.55%
4.2M
+109.49%
Total Nonoperating Income and Expense
47.3M
+10.31%
42.9M
-36.40%
67.4M
+1,679.72%
3.8M
+103.99%
Income before Taxes
204.8M
+70.45%
120.2M
-76.58%
513.1M
+13.51%
452.0M
+273.82%
Income Taxes
32.7M
+86.74%
17.5M
-76.41%
74.2M
+35.69%
54.7M
+323.02%
Extraordinary Items
3.1M
-89.20%
28.8M
+172.03%
10.6M
+783.58%
1.2M
N/A
Net Income
172.1M
+67.68%
102.7M
-76.61%
438.9M
+10.46%
397.4M
+173.20%
Net Income from Continuing Operations Applicable to Common
204.8M
+70.45%
120.2M
-76.58%
513.1M
+13.51%
452.0M
+273.82%
Basic EPS and Net Income
1.31
+72.37%
0.76
N/A
N/A
N/A
N/A
N/A
Diluted EPS and Net Income
1.29
+72.00%
0.75
N/A
N/A
N/A
N/A
N/A
Basic Weighted Average Shares
131.2M
-2.96%
135.2M
-0.89%
136.4M
+0.76%
135.3M
+0.99%
Diluted Weighted Average Shares
134.9M
-3.66%
140.0M
-2.29%
143.3M
-0.76%
144.4M
+1.06%
Balance Sheet
Cash and Cash Equivalents
474.3M
+28.50%
369.1M
+27.83%
288.7M
-38.99%
473.2M
+296.63%
Short-Term Investments
1.0B
-17.15%
1.3B
-10.87%
1.4B
+23.40%
1.1B
+27.00%
Cash and Cash Equivalents and Short-Term Investments
1.5B
-6.76%
1.6B
-4.27%
1.7B
+5.10%
1.6B
+58.64%
Total Current Assets
2.6B
+12.02%
2.3B
-4.77%
2.4B
+7.92%
2.3B
+54.83%
Accumulated Depreciation
233.9M
+27.61%
183.3M
+33.38%
137.4M
+32.01%
104.1M
+34.54%
Property and Plant and Equipment and Net
136.8M
-7.26%
147.5M
-12.32%
168.2M
+51.07%
111.4M
+35.54%
Total Long-Term Assets
222.7M
+23.08%
180.9M
-16.20%
215.9M
+27.53%
169.3M
+42.59%
Total Assets
3.5B
+8.00%
3.2B
-3.94%
3.4B
+9.69%
3.1B
+48.34%
Income Taxes Payable
4.9M
+38.95%
3.5M
+112.89%
-27.5M
-40.48%
-46.2M
-25.92%
Total Short-Term Debt
632.2M
+524.13%
101.3M
N/A
0
-100.00%
90.9M
+5.62%
Total Current Liabilities
1.3B
+91.21%
660.1M
+23.97%
532.4M
-16.57%
638.2M
+45.12%
Total Long-Term Debt
572.2M
-52.36%
1.2B
-7.16%
1.3B
+7.86%
1.2B
+26.05%
Total Long-Term Liabilities
65.5M
+18.51%
55.3M
+8.35%
51.0M
+17.21%
43.5M
+163.28%
Total Liabilities
2.4B
+0.25%
2.4B
+0.72%
2.4B
+6.23%
2.3B
+36.97%
Retained Earnings
-203.9M
-16.85%
-245.2M
-629.91%
46.3M
+166.93%
17.3M
+104.27%
Total Stockholders Equity
1.1B
+30.49%
833.0M
-15.31%
983.6M
+19.14%
825.6M
+91.92%
Total Shares Outstanding
131.1M
-1.03%
132.4M
-2.41%
135.7M
-0.53%
136.4M
+1.90%
Cash Flow
Cash from Operating Activities
136.5M
-73.42%
513.7M
-26.28%
696.8M
-6.45%
744.8M
+111.58%
Capital Expenditures
40.6M
+20.94%
33.6M
-69.56%
110.4M
+137.71%
46.4M
-11.13%
Cash from Investing Activities
106.8M
-16.74%
128.3M
+135.01%
-366.4M
-1.49%
-371.9M
-69.50%
Dividends Paid
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash from Financing Activities
-241.6M
-47.50%
-460.3M
-10.93%
-516.8M
+2,917.48%
-17.1M
-105.54%
Financials Ratio
Gross Margin
46.64%
-1.37%
47.29%
+2.35%
46.20%
+10.50%
41.81%
+4.23%
Operating Margin
10.69%
+84.07%
5.81%
-70.14%
19.46%
+1.18%
19.23%
+23.15%
Return on Assets
5.09%
+64.53%
3.10%
-77.20%
13.57%
-11.81%
15.39%
+73.51%
Return on Equity
17.93%
+58.65%
11.30%
-76.71%
48.52%
-23.33%
63.29%
+98.88%
Revenue Growth
10.72%
+125.57%
-41.92%
+2,338.89%
-1.72%
-102.50%
68.65%
-12.50%
Current Ratio
2.07
-41.41%
3.53
-23.18%
4.59
+29.35%
3.55
+6.69%
Cash Ratio
0.38
-32.80%
0.56
+3.12%
0.54
-26.86%
0.74
+173.31%
Debt-to-Equity Ratio
1.11
-29.13%
1.56
+18.87%
1.32
-15.85%
1.56
-35.20%
Debt-to-Assets Ratio
0.34
-14.40%
0.40
+4.81%
0.38
-8.60%
0.42
-16.15%

Earnings & Revenue History

Debt-to-Assets

Cash Flow