Revenue
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Enphase Energy, Inc. (ENPH)
Price$36.72Cached quote
Net income
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.47B | $1.33B | $2.29B | $2.33B | $1.38B | $774.4M | $624.3M | $316.2M | $286.2M | $322.6M | $357.2M | $343.9M | $232.8M | $216.7M | $149.5M | $61.7M |
| Gross profit | $687.0M | $629.1M | $1.06B | $974.6M | $554.4M | $346.0M | $221.2M | $94.4M | $56.0M | $58.0M | $108.2M | $113.0M | $67.4M | $55.3M | $29.1M | $6.5M |
| Gross margin | 46.64% | 47.29% | 46.20% | 41.81% | 40.12% | 44.68% | 35.44% | 29.87% | 19.58% | 17.98% | 30.29% | 32.87% | 28.95% | 25.52% | 19.44% | 10.54% |
| Research & development | $189.1M | $201.3M | $227.3M | $168.8M | $105.5M | $55.9M | $40.4M | $32.6M | $33.2M | $50.7M | $50.8M | $45.4M | $34.5M | $35.6M | $25.1M | $14.3M |
| Operating expenses | $529.5M | $551.8M | $612.6M | $526.3M | $338.6M | $159.5M | $118.5M | $92.8M | $95.4M | $120.7M | $127.5M | $117.5M | $89.6M | $86.4M | $57.8M | $27.2M |
| Operating income | $157.5M | $77.3M | $445.7M | $448.3M | $215.8M | $186.4M | $102.7M | $1.6M | −$39.4M | — | — | — | — | — | — | — |
| Operating margin | 10.69% | 5.81% | 19.46% | 19.23% | 15.62% | 24.07% | 16.45% | 0.50% | −13.76% | — | — | — | — | — | — | — |
| EBITDA | $238.2M | $158.7M | $520.4M | $507.0M | $246.7M | $204.5M | $116.8M | $11.3M | −$30.4M | — | — | — | — | — | — | — |
| EBITDA margin | 16.17% | 11.93% | 22.72% | 21.75% | 17.85% | 26.41% | 18.72% | 3.56% | −10.61% | — | — | — | — | — | — | — |
| Net income | $172.1M | $102.7M | $438.9M | $397.4M | $145.4M | $134.0M | $161.1M | −$11.6M | −$45.2M | −$67.5M | −$22.1M | −$8.1M | −$25.9M | −$38.2M | −$32.3M | −$21.8M |
| Net profit margin | 11.69% | 7.72% | 19.16% | 17.05% | 10.52% | 17.30% | 25.81% | −3.68% | −15.79% | −20.91% | −6.18% | −2.34% | −11.13% | −17.64% | −21.60% | −35.32% |
| Basic EPSper basic share | $1.31 | $0.76 | $3.22 | $2.94 | — | — | — | — | — | — | — | — | — | — | — | — |
| Diluted EPSper diluted share | $1.29 | $0.75 | $3.08 | $2.77 | — | — | — | — | — | — | — | — | — | — | — | — |
Owners
Reported shareholders
17.75%of listed shares
BlackRock, Inc.23.45M shares · Jun 30, 2026
View holders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 17.75%23.45M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 6.86%9.07M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.34%5.73M shares |
STATE STREET CORP | 3.59%4.75M shares |
TWO SIGMA INVESTMENTS, LP | 3.52%4.66M shares |
Invesco Ltd. | 2.77%3.66M shares |
GILDER GAGNON HOWE & CO LLC | 2.63%3.48M shares |
Slate Path Capital LP | 1.96%2.59M shares |
JPMORGAN CHASE & CO | 1.83%2.42M shares |
MORGAN STANLEY | 1.82%2.41M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.81%2.39M shares |
FIRST TRUST ADVISORS LP | 1.73%2.28M shares |
Handelsbanken Fonder AB | 1.60%2.11M shares |
Robeco Schweiz AG | 1.56%2.06M shares |
DIMENSIONAL FUND ADVISORS LP | 1.48%1.95M shares |
Kothandaraman Badrinarayanan | ≈1.32%1.75M shares |
GOLDMAN SACHS GROUP INC | 1.27%1.67M shares |
FMR LLC | 1.26%1.67M shares |
Amundi | 1.25%1.65M shares |
Harel Insurance Investments & Financial Services Ltd. | 1.19%1.57M shares |
Percentages use 132.13M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 12, 2026Form 4 | Trivedi ShankerDirector | BuyCommon Stock · indirect | 1.0K | $53.91 | $53.9K | 1.0K |
| Jun 1, 2026Form 4 | MORA RICHARDDirector | SellCommon Stock | 700 | $64.20 | $44.9K | 13.9K |
| May 26, 2026Form 4 | Kothandaraman BadrinarayananPresident & CEO | BuyCommon Stock · indirect | 600 | $68.39 | $41.0K | 1.65M |
| May 26, 2026Form 4 | Kothandaraman BadrinarayananPresident & CEO | BuyCommon Stock · indirect | 4.4K | $67.37 | $296.4K | 1.65M |
| May 19, 2026Form 4 | MORA RICHARDDirector | SellCommon Stock | 700 | $46.39 | $32.5K | 14.6K |