Enphase Energy logo
Enphase Energy ENPH
$ 32.02 -3.0%

Quarterly report 2025-Q2
added 07-22-2025

report update icon

Enphase Energy Income Statement 2011-2025 | ENPH

Annual Income Statement Enphase Energy

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

16.7 B 16.6 B 22.3 B 22.9 B 3.91 B 713 M 168 M 75.3 M 108 M 532 M 314 M 117 M -

Shares

136 M 135 M 134 M 126 M 117 M 99.6 M 82.9 M 50.5 M 44.6 M 42.9 M 41.6 M 30.7 M -

Historical Prices

122 122 167 176 49 9.07 3.32 1.79 2.33 13.8 8.07 4.93 -

Net Income

439 M 397 M 145 M 134 M 161 M -11.6 M -45.2 M -67.5 M -22.1 M -8.05 M -25.9 M -38.2 M -32.3 M

Revenue

2.29 B 2.33 B 1.38 B 774 M 624 M 316 M 286 M 323 M 357 M 344 M 233 M 217 M 150 M

Cost of Revenue

1.23 B 1.36 B 828 M 428 M 403 M 222 M 230 M 265 M 249 M 231 M 165 M 161 M 120 M

Gross Profit

1.06 B 975 M 554 M 346 M 221 M 94.4 M 56 M 58 M 108 M 113 M 67.4 M 55.3 M 29.1 M

Operating Income

446 M 448 M 216 M 186 M 103 M 1.6 M -39.4 M -62.7 M - - - - -

Interest Expense

8.84 M 9.44 M 45.2 M 21 M 9.69 M 10.7 M 8.21 M 2.77 M 501 K 1.86 M 2.06 M 6.44 M 3.01 M

EBITDA

520 M 507 M 247 M 205 M 119 M 15.4 M -13.5 M -48.3 M -8.77 M 3.83 M -15.2 M -25.6 M -25.7 M

Operating Expenses

613 M 526 M 339 M 160 M 116 M 88.7 M 78.5 M 117 M 128 M 117 M 89.6 M 86.4 M 57.8 M

General and Administrative Expenses

138 M 140 M 104 M 50.7 M 38.8 M 29.1 M 22.2 M 27.4 M 30.8 M 31.1 M 24 M 24.9 M 15.2 M

All numbers in USD currency

Quarterly Income Statement Enphase Energy

2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

131 M 132 M 132 M 135 M 136 M 136 M 136 M 136 M 137 M 137 M 136 M 136 M 135 M 134 M 134 M 135 M 135 M 131 M 129 M 126 M 126 M 124 M 123 M 122 M 114 M 108 M 107 M 103 M 97.3 M 91.4 M 85.9 M 84.9 M 84.4 M 76.7 M 62.3 M 47.3 M 46.6 M 46.2 M 45.8 M 44.7 M 44.3 M 44 M 43.8 M 43.1 M 42.6 M 42.2 M 42.1 M 41.8 M 41.6 M 41.1 M 40.9 M 40.8 M 39.5 M 1.71 M 1.7 M 1.5 M 1.03 M 848 K

Net Income

37.1 M 29.7 M - 45.8 M 10.8 M -16.1 M - 114 M 157 M 147 M - 115 M 77 M 51.8 M - 21.8 M 39.4 M 31.7 M 73 M 39.4 M -47.3 M 68.9 M 117 M 31.1 M 10.6 M 2.76 M 709 K -3.47 M -3.74 M -5.13 M -2.94 M -6.85 M -12.1 M -23.3 M -13.2 M -18.8 M -16.7 M -18.8 M -15.8 M 624 K -603 K -6.32 M 402 K 813 K -3.03 M -6.24 M -2.81 M -6.3 M -6.4 M -10.4 M -7.74 M -8.91 M -11.4 M -10.2 M -5.54 M -7.18 M -10.3 M -9.29 M

Revenue

363 M 356 M - 381 M 303 M 263 M - 551 M 711 M 726 M - 635 M 530 M 441 M - 352 M 316 M 302 M 265 M 179 M 126 M 206 M 210 M 180 M 134 M 100 M 92.3 M 78 M 75.9 M 70 M 79.7 M 77 M 74.7 M 54.8 M 90.6 M 88.7 M 79.2 M 64.1 M 65.6 M 103 M 102 M 86.7 M 105 M 99.1 M 82 M 57.6 M 67.1 M 62 M 58.2 M 45.6 M 57.6 M 60.8 M 55.7 M 42.6 M 57.1 M 44.7 M 29.6 M 18.1 M

Cost of Revenue

193 M 188 M - 203 M 166 M 148 M - 289 M 388 M 400 M - 367 M 311 M 264 M - 211 M 188 M 179 M 143 M 83.5 M 77.2 M 125 M 132 M 115 M 88.8 M 66.8 M 64.1 M 52.7 M 53.2 M 51.7 M 60.7 M 60.6 M 61.2 M 47.7 M 74.4 M 72.8 M 65 M 52.4 M 49.9 M 71.4 M 69.1 M 58.6 M 70.2 M 66.6 M 55.2 M 38.9 M 45.6 M 44.6 M 41.9 M 33.4 M 41.5 M 44.5 M 42.1 M 33.3 M 44.1 M 36.2 M 24.8 M 15.4 M

Gross Profit

170 M 168 M - 178 M 137 M 116 M - 262 M 323 M 326 M - 268 M 219 M 177 M - 140 M 128 M 123 M 122 M 95 M 48.4 M 80.7 M 77.9 M 64.7 M 45.3 M 33.3 M 28.2 M 25.3 M 22.7 M 18.3 M 19 M 16.5 M 13.5 M 7.05 M 16.2 M 15.9 M 14.1 M 11.8 M 15.7 M 31.5 M 33 M 28 M 35 M 32.5 M 26.8 M 18.7 M 21.5 M 17.4 M 16.3 M 12.2 M 16.1 M 16.3 M 13.6 M 9.31 M 13.1 M 8.54 M 4.81 M 2.65 M

Operating Income

37 M 31.9 M - 49.8 M 1.8 M -29.1 M - 118 M 170 M 168 M - 135 M 94 M 61.8 M - 37.4 M 59.4 M 61.4 M 79.1 M 51.8 M 10.9 M 44.7 M 44.4 M 33.7 M 17.4 M 7.13 M 5 M -374 K -558 K -2.48 M -2.13 M -5.9 M -9.25 M -22.1 M - -17.7 M -15.8 M -19.1 M - 1.78 M -369 K -5.55 M - 1.89 M - - - - - - - - - - - - - -

Interest Expense

-8.9 M -14 K - -16.8 M -7.57 M 87 K - 1.88 M -33 K 2.16 M - 2.26 M 2.17 M 2.74 M - 12.6 M 12.5 M 7.33 M 5.9 M 5.99 M 5.95 M 3.16 M 2.3 M 2.29 M 1.35 M 3.75 M 3.1 M 2.79 M 2.42 M 2.38 M - 1.76 M 2.08 M 2.14 M - 1.23 M 212 K 152 K - 140 K 87 K 78 K - 356 K 486 K 449 K - 437 K 484 K 464 K - 527 K 3.4 M 1.48 M - 886 K 460 K 280 K

EBITDA

42.1 M 51.8 M - 55.4 M 7.71 M -8.96 M - 125 M 177 M 184 M - 141 M 100 M 75.9 M - 58.8 M 61.9 M 66.9 M 79.1 M 64.5 M 18.8 M 48.6 M 44.4 M 45.3 M 25.1 M 10.7 M 5 M 6.58 M 3.91 M -199 K -2.13 M 862 K -4.66 M -19.8 M - -9.69 M -10.4 M -16.4 M - 9.48 M 4.68 M -3.02 M - 7.9 M 3.9 M 1.91 M - 5.12 M 3.37 M 1.66 M - 3.94 M 2.45 M 1.08 M - 2.02 M 1.21 M 544 K

Operating Expenses

133 M 136 M - 128 M 135 M 145 M - 144 M 153 M 159 M - 132 M 125 M 115 M - 103 M 68.4 M 61.6 M 42.8 M 43.2 M 37.5 M 36 M 33.4 M 31 M 27.9 M 26.2 M 23.2 M 25.6 M 23.3 M 20.8 M 21.1 M 22.4 M 22.8 M 29.1 M 26.3 M 33.6 M 29.9 M 30.8 M 30.9 M 29.7 M 33.4 M 33.6 M 33.1 M 30.6 M 29.3 M 24.4 M 23.1 M 22.8 M 21.8 M 21.9 M 22.2 M 24.5 M 21.1 M 18.6 M 16.9 M 15 M 14.3 M 11.6 M

General and Administrative Expenses

34 M 34 M - 30.2 M 33.6 M 35.2 M - 33.8 M 34.4 M 36.3 M - 32.4 M 32.1 M 38.1 M - 34.3 M 20.1 M 20.1 M 12.9 M 13.5 M 12 M 12.3 M 10.4 M 9.9 M 8.58 M 9.88 M 7.66 M 7.51 M 6.97 M 6.94 M 5.98 M 5.44 M 4.96 M 5.83 M 6.3 M 6.71 M 6.85 M 7.57 M 7.4 M 7.12 M 8.1 M 8.2 M 8.25 M 8.63 M 7.68 M 6.53 M 6.07 M 5.94 M 5.93 M 6.04 M 6.18 M 6.91 M 6.09 M 5.7 M 4.11 M 3.98 M 3.89 M 3.25 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Enphase Energy (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Solar industry

Issuer Price % 24h Market Cap Country
Canadian Solar Canadian Solar
CSIQ
$ 22.87 -9.27 % $ 1.41 B chinaChina
First Solar First Solar
FSLR
$ 255.0 -6.54 % $ 27.3 B usaUSA
Beam Global Beam Global
BEEM
$ 1.83 -7.31 % $ 26.8 M usaUSA
Maxeon Solar Technologies, Ltd. Maxeon Solar Technologies, Ltd.
MAXN
$ 3.63 2.54 % $ 23.2 M singaporeSingapore
Array Technologies Array Technologies
ARRY
$ 8.48 -7.48 % $ 1.27 B usaUSA
JinkoSolar Holding Co., Ltd. JinkoSolar Holding Co., Ltd.
JKS
$ 25.61 -4.37 % $ 5.34 B chinaChina
Sunnova Energy International Sunnova Energy International
NOVA
- - $ 27.3 M usaUSA
Sunrun Sunrun
RUN
$ 17.95 -4.09 % $ 3.99 B usaUSA
SolarEdge Technologies SolarEdge Technologies
SEDG
$ 29.69 -7.28 % $ 1.69 B israelIsrael
Shoals Technologies Group Shoals Technologies Group
SHLS
$ 8.62 -10.17 % $ 1.45 B usaUSA
SPI Energy Co., Ltd. SPI Energy Co., Ltd.
SPI
- -12.26 % $ 19.9 M chinaChina
SunPower Corporation SunPower Corporation
SPWR
$ 1.58 -5.71 % $ 275 M usaUSA
Sunworks Sunworks
SUNW
- -40.48 % $ 1.97 M usaUSA