NASDAQ:ENPH
Enphase Energy, Inc.
Enphase Energy, Inc.'s revenue grew 10.7% in fiscal 2025 to $1.5B while operating margin rose to 10.7%. Free cash flow was $95.9M, 6.5% of revenue, and the diluted share count fell 3.7%.Summary generated from Enphase Energy, Inc.'s SEC filings. Latest annual report filed Feb 17, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$1.5B
Revenue growth+10.7%
Revenue, 5-yr CAGR+13.7%
Gross margin46.6%
Operating margin10.7%
Net margin11.7%
ROIC7.4%
Return on equity17.9%
Debt / equity1.11
Free cash flow$95.9M
FCF margin6.5%
Share count change−3.7%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1,382 | 2,331 | 2,291 | 1,330 | 1,473 |
| Operating income | 216 | 448 | 446 | 77 | 158 |
| Net income | 145 | 397 | 439 | 103 | 172 |
| Free cash flow | 300 | 698 | 586 | 480 | 96 |
Recent filings
- 4Insider transaction report
Aug 14, 2026 - 8-KRegulation FD disclosure
Aug 10, 2026 - 4Insider transaction report
Jul 31, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 28, 2026 - 8-KResults of operations and financial condition
Jul 28, 2026 - 8-KOther events
Jun 18, 2026 - 8-KDirector or officer change
Jun 15, 2026 - 8-KDirector or officer change
May 15, 2026