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ENPH US​

Enphase Energy, Inc.(ENPH US)

$31.60+0.250.80%Ext:$31.97+0.371.16%(Market Closed · 23:59:53 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Enphase Energy, Inc. — Company Profile

Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.

Sector
Information Technology
Industry
Technology Hardware, Storage & Peripherals
Exchange
UQ
CEO
Badrinarayanan Kothandaraman
Headquarters
Fremont, CA, US
IPO Date
Mar 30, 2012
Employees
2,872
Website
www.enphase.com

Key Metrics

Price
$32.20
Market Cap
$4.26B
Revenue (TTM)
$282.90M
Net Income (TTM)
$-7406000.00
EPS (TTM)
-0.06
P/E (TTM)
31.52
P/B (TTM)
3.86
Dividend Yield
0.00%
ROE (TTM)
-0.67%
ROA (TTM)
-0.27%
Operating Margin
-10.48%
Beta
2.24

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.

Website
www.enphase.com
Location
Fremont, CA, US
Phone877 774 7000
Employees2,872
CEOBadrinarayanan Kothandaraman
Sector
Information Technology
Industry
Technology Hardware, Storage & Peripherals
IPO DateMar 30, 2012

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Latest Documents

SEC Filings(1K)

Expand
  • 4Statement of changes in beneficial ownership14 Aug
  • 144MORA RICHARD14 Aug
  • 8-KRegulation FD Disclosure10 Aug
  • 4Statement of changes in beneficial ownership31 Jul
  • 144MORA RICHARD30 Jul
  • S-8Registration statement (employee benefit plan)28 Jul
  • SC 13G/AEnphase Energy, Inc.28 Jul
  • 10-QQ2ended 30 Jun 202628 Jul
  • 8-KResults of Operations and Financial Condition28 Jul
  • 8-KOther Events18 Jun
  • 3/AInitial statement of beneficial ownership (amendment)15 Jun
  • 4Statement of changes in beneficial ownership15 Jun
  • 3Initial statement of beneficial ownership15 Jun
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers15 Jun
  • 4Statement of changes in beneficial ownership4 Jun
  • 144MORA RICHARD1 Jun
  • SDSD29 May
  • 4Statement of changes in beneficial ownership26 May
  • 4Statement of changes in beneficial ownership21 May
  • 4Statement of changes in beneficial ownership15 May

News

  • Enphase Energy is Set to Report Q3 Earnings: What's in Store?23 Oct
  • Enphase Energy (ENPH) Dips More Than Broader Market: What You Should Know22 Oct
  • Enphase Energy Highlights IQ EV Charger 2 Is Ready As Is for EU AFIR ISO 15118-20 Charging Standard21 Oct
  • Solar Stocks Rebound as Selloff Reverses: Sunrun Surges 10%, SolarEdge and Enphase Energy Climb 5%20 Oct
  • Earnings Preview: Enphase Energy (ENPH) Q3 Earnings Expected to Decline20 Oct
  • Sunrun Sinks 5% Toward 52-Week Low Ahead of Earnings; Enphase Energy and First Solar Slip19 Oct
  • Why Is Enphase Energy Stock Falling Wednesday?14 Oct
  • California Boosts Virtual Power Plants; These Clean Energy Players Benefit14 Oct
  • Enphase Energy Highlights Projects Bringing New Life to Aging Commercial Solar Systems in the United States14 Oct
  • Tax Credit Turmoil: Why Enphase and SolarEdge Face a Tough Road14 Oct
  • Enphase Energy (ENPH) Rises As Market Takes a Dip: Key Facts13 Oct
  • First Solar Climbs 4% as Truist Buy Call and December Tariff Floor Reset Panel Pricing Outlook; Enphase Energy and Sunrun Hold Flat13 Oct
  • Investors Heavily Search Enphase Energy, Inc. (ENPH): Here is What You Need to Know13 Oct
  • Enphase Energy (ENPH) Sees a More Significant Dip Than Broader Market: Some Facts to Know12 Oct
  • Enphase Energy Inc (ENPH) Stock Down 4.0% -- Now Undervalued? GF Score: 72/10012 Oct
  • Enphase Energy Begins Shipments of IQ Gateway Fusion in India, Powering Homes with Solar Even During Power Cuts8 Oct
  • Why Enphase Energy (ENPH) Outpaced the Stock Market Today6 Oct
  • Enphase Energy Announces Conference Call to Review Third Quarter 2026 Financial Results6 Oct
  • Here is What to Know Beyond Why Enphase Energy, Inc. (ENPH) is a Trending Stock2 Oct
  • Enphase Energy (NASDAQ:ENPH) Shares Climb 4.9% – Time to Buy?2 Oct

Mentions in Filings

  • … ctors 24 2 0 2 6 P r o x y S t a t e m e n t Steven J. Gomo Age: 74 Director since: 2015 Independent Board Committees: • Audit • Nominating and Corporate Governance Other public boards during the past five years: • <strong>Enphase Energy, Inc.</strong> (since 2011) • Micron Technology, Inc. (since 2018) Professional background Mr. Gomo is a seasoned finance executive and public company director with over four decades of experience in corporate finance, governance …
    Nutanix, Inc.Enphase Energy, Inc.·ARS - Annual report to security holders·FY26·20 Oct
  • … vestment Group, a position he has held since 2017. Mr. Chatila is the co-founder and has served on the board of directors of Dimension Renewable Energy, since 2018. Mr. Chatila was also the transformation architect at <strong>Enphase Energy</strong> Inc. from 2017 to 2020. Mr. Chatila previously served as Chief Executive Officer and a member of the board of directors of SunEdison from 2009 to 2016, which filed for bankruptcy in 2016. Prior to joining SunEdison, M …
    FTC Solar, Inc.Enphase Energy, Inc.·DEF 14A - Definitive proxy statement·Q4 26·19 Oct
  • … or 42 Chief Executive Officer Veev, a subsidiary of Lennar Ahmad Chatila Director 58 Managing Partner Fenice Investment Group Lisan Hung Director 57 Senior Vice President, General Counsel and Corpor r ate Secretary <strong>Enphase Energy, Inc.</strong> Darrell Jackson Director 67 Chief Executive Officer Effi f cace Group David Springer Director 57 Chief Operating Officer Recurrent Energy Maxmillian Sultan Director 35 Partner Applied Value Group In addition to our …
    FTC Solar, Inc.Enphase Energy, Inc.·ARS - Annual report to security holders·FY25·19 Oct
  • … versity. At Stanford, Mr. Malchow occasionally teaches EE 292 “Atoms, Bits, and the National Interest,” covering transistors from a techno-industrial perspective. Mr. Malchow has served on the board of directors of <strong>Enphase Energy, Inc.</strong> (ENPH) since 2020 and Enovix Corporation (ENVX) since 2023, and previously served on the board of Archaea Energy, Inc. (LFG) from 2020 through its acquisition by BP PLLC. Mr. Malchow brings to Patriot Mobile many y …
    Patriot Mobile Inc.Enphase Energy, Inc.·S-1 - Registration statement (general form)·Q4 26·9 Oct
  • … vestment Group, a position he has held since 2017. Mr. Chatila is the co-founder and has served on the board of directors of Dimension Renewable Energy, since 2018. Mr. Chatila was also the transformation architect at <strong>Enphase Energy</strong> Inc. from 2017 to 2020. Mr. Chatila previously served as Chief Executive Officer and a member of the board of directors of SunEdison from 2009 to 2016, which filed for bankruptcy in 2016. Prior to joining SunEdison, M …
    FTC Solar, Inc.Enphase Energy, Inc.·PRE 14A - Preliminary proxy statement·Q4 26·8 Oct
  • … o joining our company, he served as the chief financial officer of Skyworks Solutions, Inc., a semiconductor company, from 2016 to May 2025. From 2012 to 2016, Mr. Sennesael served as the chief financial officer of <strong>Enphase Energy, Inc.</strong> and the chief financial officer of Standard Microsystems Corporation from 2009 to 2012, when it was acquired by Microchip Technology Incorporated. Prior to 2009, Mr. Sennesael served in various financial roles at O …
    WESTERN DIGITAL CORPEnphase Energy, Inc.·DEF 14A - Definitive proxy statement·Q2 27·5 Oct

Key Stats

Trading

Px/Chg 1D$32.20 / -3.79%
Avg Volume7.03M
Beta2.24
Mkt Cap4.26B
FD Mkt Cap4.80B

Float

Shrs Out/Float132.14M / 128.10M
Short Float0.18%
Days to Cover2.91
Stock Repurchased$18.69M

Current Valuation

EV4.37B
EV/EBITDA19.21
EV/Sales3.12
P/B3.86
P/S3.04
FCF Yield1.95%
ROE-0.67%
ROA-0.27%
Current Ratio3.80

Estimates

P/E31.52
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgApr '23Apr '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-55.3076.5034.3467.97119.22-574.54
Price / Sales10.6713.046.585.2413.4415.04
Price / Book Value13.7336.8215.328.384.253.86
Price / Free Cash Flow51.4043.5325.7014.53121.9751.28
ENTERPRISE VALUE METRICS
Enterprise Value13,000.731,240.916,099.97,939.45,353.54,369.6
Enterprise Value / Sales11.4913.407.035.9715.5915.45
Enterprise Value / EBITDA147.8860.0526.9837.7389.30525.32
Enterprise Value / EBIT-10.8367.7030.8461.52135.44-349.66

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue1.6%1,382.02,330.92,290.81,330.41,473.0
Gross Income5.5%554.4974.61,058.4629.1687.0
EBITDA10.2%196.9520.3596.7210.5290.0
EBIT6%166.1461.5522.0129.1209.3
Net Income4.3%145.4397.4438.9102.7172.1
EPS (Diluted)6%1.022.773.080.751.29
BALANCE SHEET
Cash & ST Inv10.4%1,016.71,612.81,695.01,622.61,512.9
Total Assets14%2,079.33,084.33,383.03,249.73,509.8
Total Liabilities10.1%1,649.12,258.72,399.42,416.72,422.8
Total Shareholder Equity26.1%430.2825.6983.6833.01,087.0
CASH FLOW
Net Operating Cash Flow-21.1%352.0744.8696.8513.7136.5
Cap Ex-6.2%-52.5-46.4-110.4-33.6-40.6
Free Cash Flow-24.8%299.5698.4586.4480.195.9

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)31.73
Basic Shares132.14
Market Cap4,192.9
Diluted Shares131.34
Fully Diluted Shares Outstanding131.34
Fully Diluted Market Cap4,167.3
+Consolidated Debt612.1
−In-the-Money Convertible Debt—
+Capital Leases39.6
+Operating Leases—
−Cash & Equivalents-497.5
−Short-term Investments-433.1
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value4,307.5

Segment data

Revenue

by Products and services

  • Reportable Segment100%

Revenue

by Geography

  • United States81%
  • International19%

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