Name: ENPH Income Statement - Enphase Energy Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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ENPH - Enphase Energy, Inc.

USD | NASDAQ | Technology

ENPH Income Statement - Enphase Energy Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Revenues
Revenues	282.9	343.3	410.4	363.2	356.1	382.7	380.9	303.5	263.3	302.6	551.1	711.1	726.0	724.7	634.7	530.2

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Revenues
Revenues	1,399.8	1,473.0	1,330.4	2,290.8	2,330.9	1,382.0	774.4	624.3	316.2	286.2	322.6	357.2	343.9	232.8	216.7	149.5	61.7
Cost of Revenue	780.6	786.0	701.2	1,232.4	1,356.3	827.6	428.4	403.1	221.7	230.1	264.6	249.0	230.9	165.4	161.4	120.5	55.2
Gross Profit	619.2	687.0	629.1	1,058.4	974.6	554.4	346.0	221.2	94.4	56.0	58.0	108.2	113.0	67.4	55.3	29.1	6.5
Operating Expenses
Research & Development	183.8	189.1	201.3	227.3	168.8	105.5	55.9	40.4	32.6	33.2	50.7	50.8	45.4	34.5	35.6
Operating Income
Operating Income	96.0	157.5	77.3	445.7	448.3	215.8	186.4	102.7	1.6	(39.4)	-	-	-	-
Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0	0.0
Tax & Net
Income Tax Expense	9.1	32.7	17.5	74.2	54.7	(24.5)	(14.6)	(71.0)	1.4	(0.1)	1.5	1.4	0.8	0.9	0.7
Per Share
EPS Basic	1.03	1.31	0.76	3.22	2.94	-	-	-	-	-	-	-	-	-	-	-
Supplementary Data
EBITDA	-	238.2	158.7	520.4	507.0	246.7	204.5	116.8	11.3	(30.4)	-	-	-	-	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	44.9	46.2	47.3	45.4	50.2	50.4	47.8	48.9	54.2	55.3	54.9	60.0	57.1	49.7	44.2	39.3	35.7	31.6	29.4	22.7	21.8	15.8	15.1	13.2	11.9	11.2	11.1	9.6	8.5	7.3	8.2	9.5	7.6	8.2	7.4	7.9	9.6	11.4	13.2	13.1
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	48.1	49.4	48.4	50.7	48.9	51.8	49.7	51.8	53.3	53.4	55.4	58.4	64.6	64.9	55.3	53.6	41.3
General & Administrative	33.3	34.6	33.1	34.0	34.0	31.9	30.2	33.6	35.2	33.4	33.8	34.4	36.3	37.4	32.4	32.1	38.1
Depreciation & Amortization	20.8	-	-	-	19.9	-	-	-	20.1	-	-	-	16.6	-	-	-
Amortization of Intangibles	4.7	5.0	5.0	5.1	5.0	5.2	5.6	5.9	5.9	6.8	6.8	6.8	6.8	6.7	6.0	6.3	5.8
Other Operating Expenses	-	0.3	(0.5)	(0.1)	0.1	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	130.0	129.6	130.1	133.5	136.3	143.5	128.4	135.4	144.6	156.9	144.0	153.0	158.7	153.7	132.5	125.0

Operating Income
Operating Income	(29.6)	22.4	66.2	37.0	31.9	54.8	49.8	1.8	(29.1)	(10.2)	118.0	170.3	167.7	157.0	135.4	94.0	61.8	57.7	37.4	59.4	61.4	79.1	51.8	10.9	44.7	44.4	33.7	17.4	7.1	5.0	(0.4)	(0.6)	(2.5)	(2.1)	(5.9)	(9.2)	(22.1)	-	(17.7)	(15.8)

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	0.6	0.8	0.8	0.8	2.0	2.3	2.2	2.2	2.2	2.3	2.2	2.2	2.2	2.3	2.3	2.2	2.7	12.7
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	15.8	16.3	10.9	5.2	15.0	14.9	1.0	9.4	17.6	22.5	19.4	14.3	11.3	11.2	(1.2)	(1.8)	(4.4)
Pre-Tax Income	(13.9)	38.7	77.0	42.2	46.9	69.7	50.7	11.2	(11.5)	12.2	137.3	184.6	179.0	168.2	134.3	92.2

Tax & Net
Income Tax Expense	(6.5)	(0.0)	10.4	5.2	17.2	7.5	5.0	0.4	4.6	(8.7)	23.4	27.4	32.1	14.4	19.4	15.2	5.6	(2.1)	3.9	7.0	(33.4)	(1.6)	5.5	(6.6)	(11.9)	(72.2)	0.3	0.6	0.3	0.6	0.2	0.3	0.2	(1.0)	(0.2)	0.9	0.1	0.8	0.1	0.3
Net Income From Continuing Ops	(7.4)	38.7	66.6	37.1	29.7	62.2	45.8	10.8	(16.1)	20.9	114.0	157.2	146.9	153.8	114.8	77.0	51.8
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	(7.4)	38.7	66.6	37.1	29.7	62.2	45.8	10.8	(16.1)	20.9	114.0	157.2	146.9	153.8	114.8	77.0	51.8
Net Income Attributable To Parent	(7.4)	38.7	66.6	37.1	29.7	62.2	45.8	10.8	(16.1)	20.9	114.0	157.2	146.9	153.8	114.8	77.0
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	(7.4)	38.7	66.6	37.1	29.7	62.2	45.8	10.8	(16.1)	20.9	114.0	157.2	146.9	153.8	114.8

Per Share
EPS Basic	(0.06)	-	0.51	0.28	0.23	-	0.34	0.08	(0.12)	-	0.84	1.15	1.07	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Diluted	(0.06)	-	0.50	0.28	0.22	-	0.33	0.08	(0.12)	-	0.80	1.09	1.02	-	-	-	-	-
Shares Basic	131.3	-	130.8	131.0	131.9	-	135.3	135.6	135.9	-	136.2	136.6	136.7	-	135.6	135.2	134.3	-
Shares Diluted	131.3	-	133.0	135.2	136.2	-	139.9	136.1	135.9	-	143.9	145.1	146.0	-	146.0	143.7	144.6	-

Supplementary Data
EBITDA	(8.8)	-	-	-	51.8	-	-	-	(9.0)	-	-	-	184.3	-	-	-	75.9	-	-	-	66.9	-	-	-	48.6	-	-	-	10.7	-	-	-	(0.2)	-	-	-	(19.8)	-	-	-
EBIT	(29.6)	22.4	66.2	37.0	31.9	54.8	49.8	1.8	(29.1)	(10.2)	118.0	170.3	167.7	157.0	135.4	94.0	61.8	57.7	37.4