About Enphase Energy, Inc.
https://www.enphase.comEnphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally.

CEO
Badrinarayanan Kothandaraman
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 268
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades

Canaccord Genuity
Buy

Craig-Hallum
Buy

Northland Capital Markets
Outperform

Oppenheimer
Outperform

Wells Fargo
Overweight

Johnson Rice
Accumulate
Grade Summary
Showing Top 6 of 24
Price Target
Institutional Ownership

BLACKROCK, INC.
Shares:19.03M
Value:$668.52M

VANGUARD GROUP INC
Shares:16.08M
Value:$564.99M

BLACKROCK INC.
Shares:15.39M
Value:$540.49M
Summary
Showing Top 3 of 681
About Enphase Energy, Inc.
https://www.enphase.comEnphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $410.43M ▲ | $130.08M ▼ | $66.64M ▲ | 16.24% ▲ | $0.51 ▲ | $96.07M ▲ |
| Q2-2025 | $363.15M ▲ | $133.49M ▼ | $37.05M ▲ | 10.2% ▲ | $0.28 ▲ | $63.1M ▼ |
| Q1-2025 | $356.08M ▼ | $136.32M ▼ | $29.73M ▼ | 8.35% ▼ | $0.23 ▼ | $68.86M ▼ |
| Q4-2024 | $382.71M ▲ | $143.49M ▲ | $62.16M ▲ | 16.24% ▲ | $0.46 ▲ | $92.62M ▲ |
| Q3-2024 | $380.87M | $128.38M | $45.76M | 12.02% | $0.34 | $73.08M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $1.48B ▼ | $3.32B ▲ | $2.33B ▲ | $995.02M ▲ |
| Q2-2025 | $1.53B ▲ | $3.18B ▲ | $2.3B ▲ | $880.64M ▲ |
| Q1-2025 | $1.47B ▼ | $3.11B ▼ | $2.3B ▼ | $810.7M ▼ |
| Q4-2024 | $1.62B ▼ | $3.25B ▼ | $2.42B ▲ | $833.02M ▼ |
| Q3-2024 | $1.77B | $3.26B | $2.33B | $931.37M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $66.64M ▲ | $13.92M ▼ | $21.41M ▲ | $-1.68M ▲ | $31.34M ▲ | $5.89M ▼ |
| Q2-2025 | $37.05M ▲ | $26.63M ▼ | $-51.19M ▼ | $-27.55M ▲ | $-44.55M ▲ | $18.37M ▼ |
| Q1-2025 | $29.73M ▼ | $48.41M ▼ | $113.06M ▼ | $-214.18M ▼ | $-49.03M ▼ | $33.81M ▼ |
| Q4-2024 | $62.16M ▲ | $167.29M ▼ | $250.64M ▲ | $-202.73M ▼ | $207.79M ▲ | $159.23M ▼ |
| Q3-2024 | $45.76M | $170.14M | $-112.48M | $-56.07M | $4.22M | $161.6M |
Revenue by Products
| Product | Q4-2017 | Q1-2025 | Q3-2025 |
|---|---|---|---|
Reportable Segment | $0 ▲ | $360.00M ▲ | $410.00M ▲ |
Envoy Communications Gateway Device And Enlighten WebBased Monitoring Service | $0 ▲ | $0 ▲ | $0 ▲ |
Revenue by Geography
| Region | Q3-2024 | Q4-2024 | Q3-2025 | Q1-2025 |
|---|---|---|---|---|
International | $100.00M ▲ | $80.00M ▼ | $60.00M ▼ | $90.00M ▲ |
UNITED STATES | $280.00M ▲ | $300.00M ▲ | $350.00M ▲ | $260.00M ▼ |

CEO
Badrinarayanan Kothandaraman
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 268
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades

Canaccord Genuity
Buy

Craig-Hallum
Buy

Northland Capital Markets
Outperform

Oppenheimer
Outperform

Wells Fargo
Overweight

Johnson Rice
Accumulate
Grade Summary
Showing Top 6 of 24
Price Target
Institutional Ownership

BLACKROCK, INC.
Shares:19.03M
Value:$668.52M

VANGUARD GROUP INC
Shares:16.08M
Value:$564.99M

BLACKROCK INC.
Shares:15.39M
Value:$540.49M
Summary
Showing Top 3 of 681




