enphase energy inc. - ENPH

ENPH

Close Chg Chg %
42.53 -2.35 -5.53%

Closed Market

40.18

-2.35 (5.53%)

Volume: 4.24M

Last Updated:

Mar 26, 2026, 4:00 PM EDT

Company Overview: enphase energy inc. - ENPH

ENPH Key Data

Open

$41.43

Day Range

39.98 - 42.50

52 Week Range

25.78 - 63.70

Market Cap

$5.58B

Shares Outstanding

131.10M

Public Float

126.13M

Beta

1.34

Rev. Per Employee

N/A

P/E Ratio

32.95

EPS

$1.31

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

4.98M

 

ENPH Performance

1 Week
 
-8.91%
 
1 Month
 
-4.94%
 
3 Months
 
21.76%
 
1 Year
 
-34.83%
 
5 Years
 
-73.58%
 

ENPH Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 33
Full Ratings ➔

About enphase energy inc. - ENPH

Enphase Energy, Inc. is a global energy technology company, which engages in the business of designing, developing, manufacturing, and selling home energy solutions that manage energy generation, energy storage, control, and communications on one intelligent platform. It operates through the following geographical segments: the United States, the Netherlands, and Others. The company was founded by Raghuveer R. Belur and Martin Fornage in March 2006 and is headquartered in Fremont, CA.

ENPH At a Glance

Enphase Energy, Inc.
47281 Bayside Parkway
Fremont, California 94538-6517
Phone 1-877-774-7000 Revenue 1.47B
Industry Semiconductors Net Income 172.13M
Sector Electronic Technology 2025 Sales Growth 10.719%
Fiscal Year-end 12 / 2026 Employees 2,872
View SEC Filings

ENPH Valuation

P/E Current 32.951
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 24.831
Price to Sales Ratio 2.935
Price to Book Ratio 3.865
Price to Cash Flow Ratio 31.66
Enterprise Value to EBITDA 8.511
Enterprise Value to Sales 2.752
Total Debt to Enterprise Value 0.307

ENPH Efficiency

Revenue/Employee 512,877.786
Income Per Employee 59,934.889
Receivables Turnover 5.541
Total Asset Turnover 0.436

ENPH Liquidity

Current Ratio 2.065
Quick Ratio 1.837
Cash Ratio 1.199

ENPH Profitability

Gross Margin 61.91
Operating Margin 27.384
Pretax Margin 13.905
Net Margin 11.686
Return on Assets 5.093
Return on Equity 17.93
Return on Total Capital 7.385
Return on Invested Capital 9.186

ENPH Capital Structure

Total Debt to Total Equity 114.421
Total Debt to Total Capital 53.363
Total Debt to Total Assets 35.438
Long-Term Debt to Equity 55.508
Long-Term Debt to Total Capital 25.888
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Enphase Energy Inc. - ENPH

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
2.33B 2.29B 1.33B 1.47B
Sales Growth
+68.65% -1.72% -41.92% +10.72%
Cost of Goods Sold (COGS) incl D&A
1.37B 1.25B 715.04M 561.06M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
52.40M 67.90M 74.07M 72.98M
Depreciation
27.70M 40.70M 51.50M 52.80M
Amortization of Intangibles
24.70M 27.20M 22.57M 20.18M
COGS Growth
+65.78% -8.91% -42.79% -21.53%
Gross Income
958.80M 1.04B 615.34M 911.92M
Gross Income Growth
+72.94% +8.58% -40.89% +48.20%
Gross Profit Margin
+41.14% +45.44% +46.25% +61.91%
2022 2023 2024 2025 5-year trend
SG&A Expense
506.08M 579.60M 524.90M 508.56M
Research & Development
168.85M 227.34M 201.31M 189.07M
Other SG&A
337.23M 352.26M 323.58M 319.49M
SGA Growth
+51.66% +14.53% -9.44% -3.11%
Other Operating Expense
- - - -
-
Unusual Expense
3.75M 6.97M 34.17M 17.12M
EBIT after Unusual Expense
448.98M 454.45M 56.27M 386.24M
Non Operating Income/Expense
12.51M 67.53M 72.79M (176.90M)
Non-Operating Interest Income
13.66M 69.73M 77.31M 62.72M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
9.44M 8.84M 8.90M 4.52M
Interest Expense Growth
-79.10% -6.35% +0.75% -49.23%
Gross Interest Expense
9.44M 8.84M 8.90M 4.52M
Interest Capitalized
- - - -
-
Pretax Income
452.05M 513.14M 120.16M 204.81M
Pretax Income Growth
+273.82% +13.51% -76.58% +70.45%
Pretax Margin
+19.39% +22.40% +9.03% +13.90%
Income Tax
54.69M 74.20M 17.50M 32.68M
Income Tax - Current - Domestic
44.22M 110.09M 67.58M 8.22M
Income Tax - Current - Foreign
10.61M 11.30M 11.14M 10.96M
Income Tax - Deferred - Domestic
(2.44M) (48.92M) (63.12M) 11.20M
Income Tax - Deferred - Foreign
2.31M 1.74M 1.91M 2.30M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
397.36M 438.94M 102.66M 172.13M
Minority Interest Expense
- - - -
-
Net Income
397.36M 438.94M 102.66M 172.13M
Net Income Growth
+173.20% +10.46% -76.61% +67.68%
Net Margin Growth
+17.05% +19.16% +7.72% +11.69%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
397.36M 438.94M 102.66M 172.13M
Preferred Dividends
- - - -
-
Net Income Available to Common
397.36M 438.94M 102.66M 172.13M
EPS (Basic)
2.9358 3.2186 0.7595 1.3124
EPS (Basic) Growth
+170.53% +9.63% -76.40% +72.80%
Basic Shares Outstanding
135.35M 136.38M 135.17M 131.16M
EPS (Diluted)
2.7702 3.0812 0.751 1.2907
EPS (Diluted) Growth
+171.80% +11.23% -75.63% +71.86%
Diluted Shares Outstanding
144.39M 143.29M 140.00M 134.89M
EBITDA
505.12M 529.32M 164.52M 476.34M
EBITDA Growth
+104.56% +4.79% -68.92% +189.53%
EBITDA Margin
+21.67% +23.11% +12.37% +32.34%

Snapshot

Average Recommendation HOLD Average Target Price 45.508
Number of Ratings 33 Current Quarters Estimate 0.445
FY Report Date 03 / 2026 Current Year's Estimate 2.143
Last Quarter’s Earnings 0.71 Median PE on CY Estimate N/A
Year Ago Earnings 2.96 Next Fiscal Year Estimate 2.598
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 22 22 25 25
Mean Estimate 0.45 0.48 2.14 2.60
High Estimates 0.60 0.74 3.39 4.18
Low Estimate 0.35 0.37 1.45 0.97
Coefficient of Variance 14.72 18.26 18.53 21.57

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 10 7
OVERWEIGHT 2 2 2
HOLD 15 16 17
UNDERWEIGHT 2 1 1
SELL 4 4 6
MEAN Hold Hold Hold

Enphase Energy Inc. in the News