Enphase Energy, Inc. (ENPH)

37.25 -5.10% (-2.00)

Over 1M: -0.8%

2026-08-28
Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles need the day’s open, high and low. Those are being collected now — a company shows them once its history has been refreshed.

38 40 42
31 Jul 5 Aug 10 Aug 13 Aug 18 Aug 21 Aug 26 Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q2 '23 — Revenue: 711.1M Q2 '23 — Operating Cash Flow: 269.2M Q2 '23 — Free Cash Flow: 225.2M Q2 '23 — Net Income: 157.2M Q3 '23 — Revenue: 551.1M Q3 '23 — Operating Cash Flow: 145.9M Q3 '23 — Free Cash Flow: 122M Q3 '23 — Net Income: 114M Q4 '23 — Revenue: 302.6M Q4 '23 — Operating Cash Flow: 35.5M Q4 '23 — Free Cash Flow: 15.4M Q4 '23 — Net Income: 20.9M Q1 '24 — Revenue: 263.3M Q1 '24 — Operating Cash Flow: 49.2M Q1 '24 — Free Cash Flow: 41.8M Q1 '24 — Net Income: -16.1M Q2 '24 — Revenue: 303.5M Q2 '24 — Operating Cash Flow: 127.1M Q2 '24 — Free Cash Flow: 117.4M Q2 '24 — Net Income: 10.8M Q3 '24 — Revenue: 380.9M Q3 '24 — Operating Cash Flow: 170.1M Q3 '24 — Free Cash Flow: 161.6M Q3 '24 — Net Income: 45.8M Q4 '24 — Revenue: 382.7M Q4 '24 — Operating Cash Flow: 167.3M Q4 '24 — Free Cash Flow: 159.2M Q4 '24 — Net Income: 62.2M Q1 '25 — Revenue: 356.1M Q1 '25 — Operating Cash Flow: 48.4M Q1 '25 — Free Cash Flow: 33.8M Q1 '25 — Net Income: 29.7M Q2 '25 — Revenue: 363.2M Q2 '25 — Operating Cash Flow: 26.6M Q2 '25 — Free Cash Flow: 18.4M Q2 '25 — Net Income: 37.1M Q3 '25 — Revenue: 410.4M Q3 '25 — Operating Cash Flow: 13.9M Q3 '25 — Free Cash Flow: 5.9M Q3 '25 — Net Income: 66.6M Q4 '25 — Revenue: 343.3M Q4 '25 — Operating Cash Flow: 47.6M Q4 '25 — Free Cash Flow: 37.8M Q4 '25 — Net Income: 38.7M Q1 '26 — Revenue: 282.9M Q1 '26 — Operating Cash Flow: 102.9M Q1 '26 — Free Cash Flow: 83M Q1 '26 — Net Income: -7.4M 0 150M 300M 450M 600M 750M
Q3 '23 Q1 '24 Q3 '24 Q1 '25 Q3 '25 Q1 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-03-31, reported in USD. The newest fact in the filings is dated 2026-03-31, 152 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

2.8
SBC / sales 14.8%
ROIC 10.2%
OE margin -4.5%
Accruals -2.1%
OCF / EBIT 2.0×
ROA 5.0%
ROE 12.2%
FCF margin 10.4%
Gross margin 44.2%
OCF margin 13.6%
ROCE 4.3%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

2.8
RPO / sales 0.34×
RPO growth -6.2%
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

9.7
ND/EBITDA —
Cash / Debt 1.6×
Debt payback 0.0 yr
Payout 0.0%
Quick ratio 3.2×
Debt / Eq 0.52×
F-score 6.0 pts
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

1.2
Sales/sh Y/Y +2.1%
EPS Y/Y -5.6%
EBIT CAGR -37.8%
EBIT Y/Y -30.6%
Sales Q/Q -20.6%
Div. growth —
EPS CAGR 4Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.