Enphase Energy, Inc. Financial Summary

Quick Answer

Enphase Energy, Inc. reported Total Revenue of $1.47 billion for fiscal year 2025.

Enphase Energy, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $1.47B
+10.7%
$1.33B
-41.9%
$2.29B
-1.7%
$2.33B
+68.7%
$1.38B
+78.5%
$774.42M
+24.0%
Revenue (ASC 606) $1.47B
+10.7%
$1.33B
-41.9%
$2.29B
-1.7%
$2.33B
+68.7%
$1.38B
+78.5%
$774.42M
+24.0%
Net Income $172.13M
+67.7%
$102.66M
-76.6%
$438.94M
+10.5%
$397.36M
+173.2%
$145.45M
+8.5%
$134.00M
-16.8%
Diluted EPS $1.29
+72.0%
$0.75
-75.6%
$3.08
+11.2%
$2.77
Total Assets $3.51B
+8.0%
$3.25B
-3.9%
$3.38B
+9.7%
$3.08B
+48.3%
$2.08B
+73.3%
$1.20B
+68.3%
Cash and Equivalents $474.32M
+28.5%
$369.11M
+27.8%
$288.75M
-39.0%
$473.24M
+296.6%
$119.32M
-82.4%
$679.38M
+170.2%
Long-Term Debt $572.19M
-52.4%
$1.20B
-7.2%
$1.29B
+7.9%
$1.20B
+26.0%
$951.59M
+19328.2%
$4.90M
-95.2%
Stockholders Equity $1.09B
+30.5%
$833.02M
-15.3%
$983.62M
+19.1%
$825.57M
+91.9%
$430.17M
-11.1%
$483.99M
+77.8%
R&D Expense $189.07M
-6.1%
$201.31M
-11.4%
$227.34M
+34.6%
$168.85M
+60.0%
$105.53M
+88.7%
$55.92M
+38.5%
Operating Income $157.53M
+103.8%
$77.29M
-82.7%
$445.74M
-0.6%
$448.26M
+107.7%
$215.83M
+15.8%
$186.44M
+81.5%
Gross Profit $687.00M
+9.2%
$629.14M
-40.6%
$1.06B
+8.6%
$974.60M
+75.8%
$554.42M
+60.2%
$345.98M
+56.4%
Shares Outstanding 131.08M
-1.0%
132.45M
-2.4%
135.72M
-0.5%
136.44M
+1.9%
133.89M
+3.8%
128.96M
+4.8%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $410.43M +7.8% +13.0%
Revenue (ASC 606) September 30, 2025 $410.43M +7.8% +13.0%
Net Income September 30, 2025 $66.64M +45.6% +79.8%
Diluted EPS September 30, 2025 $0.50 +51.5% +78.6%
Total Assets September 30, 2025 $3.32B +1.7% +4.5%
Cash and Equivalents September 30, 2025 $401.88M +56.8% +8.5%
Long-Term Debt September 30, 2025 $571.87M -52.4% +0.1%
Stockholders Equity September 30, 2025 $995.02M +6.8% +13.0%
R&D Expense September 30, 2025 $47.27M -1.2% +4.1%
Operating Income September 30, 2025 $66.16M +32.9% +78.8%
Gross Profit September 30, 2025 $196.24M +10.1% +15.1%
Shares Outstanding September 30, 2025 130.85M -3.1% +0.1%
  • Enphase Energy, Inc. reported Total Revenue of $1.47 billion for fiscal year 2025.
  • Enphase Energy, Inc. showed an increase of +10.7% in Total Revenue compared to the prior fiscal year.
  • Enphase Energy, Inc. reported Revenue (ASC 606) of $1.47 billion for fiscal year 2025.
  • Enphase Energy, Inc. showed an increase of +10.7% in Revenue (ASC 606) compared to the prior fiscal year.
  • Enphase Energy, Inc. reported Net Income of $172.13 million for fiscal year 2025.
  • Enphase Energy, Inc. showed an increase of +67.7% in Net Income compared to the prior fiscal year.
  • Enphase Energy, Inc. reported Diluted EPS of $1.29 per share for fiscal year 2025.
  • Enphase Energy, Inc. showed an increase of +72.0% in Diluted EPS compared to the prior fiscal year.
  • Enphase Energy, Inc. reported Total Assets of $3.51 billion for fiscal year 2025.
  • Enphase Energy, Inc. showed an increase of +8.0% in Total Assets compared to the prior fiscal year.
  • Enphase Energy, Inc. reported Cash and Equivalents of $474.32 million for fiscal year 2025.
  • Enphase Energy, Inc. showed an increase of +28.5% in Cash and Equivalents compared to the prior fiscal year.
  • Enphase Energy, Inc. reported Long-Term Debt of $572.19 million for fiscal year 2025.
  • Enphase Energy, Inc. showed a decrease of -52.4% in Long-Term Debt compared to the prior fiscal year.
  • Enphase Energy, Inc. reported Stockholders Equity of $1.09 billion for fiscal year 2025.
  • Enphase Energy, Inc. showed an increase of +30.5% in Stockholders Equity compared to the prior fiscal year.
  • Enphase Energy, Inc. reported R&D Expense of $189.07 million for fiscal year 2025.
  • Enphase Energy, Inc. showed a decrease of -6.1% in R&D Expense compared to the prior fiscal year.
  • Enphase Energy, Inc. reported Operating Income of $157.53 million for fiscal year 2025.
  • Enphase Energy, Inc. showed an increase of +103.8% in Operating Income compared to the prior fiscal year.
  • Enphase Energy, Inc. reported Gross Profit of $687.00 million for fiscal year 2025.
  • Enphase Energy, Inc. showed an increase of +9.2% in Gross Profit compared to the prior fiscal year.
  • Enphase Energy, Inc. reported Shares Outstanding of 131.08 million shares for fiscal year 2025.
  • Enphase Energy, Inc. showed a decrease of -1.0% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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