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Enphase Energy Inc (ENPH)

Enphase Energy Inc (ENPH)
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Enphase Energy, Inc. is a global energy technology company that delivers energy management technology for the solar industry. It designs, develops, manufactures and sells home energy solutions, which connect energy generation, storage and control and communications management on one intelligent platform. The company's IQ platform is the current generation integrated solar, storage and energy management offering, which enables self-consumption and delivers its core value proposition of yielding more energy, simplifying design and installation and improving system uptime and reliability. The Enphase Home Energy Solution with IQ uses a single technology platform for seamless management of the whole solution, enabling rapid commissioning with the Installer Toolkit; consumption monitoring with Envoy Communications Gateway with IQ Combiner , Enphase Enlighten, a cloud-based energy management platform and Enphase AC Battery. It also produces the world's only truly integrated solar-plus-storage solution.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 1,472,990 1,330,380 2,290,790 2,330,850 1,382,050
Sales Growth +10.72% -41.92% -1.72% +68.65% +78.46%
Net Income 172,130 102,660 438,940 397,360 145,450
Net Income Growth +67.67% -76.61% +10.46% +173.19% +8.54%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 3,509,790 3,249,680 3,383,010 3,084,280 2,079,260
Total Assets Growth +8.00% -3.94% +9.69% +48.34% +73.26%
Total Liabilities 2,422,770 2,416,660 2,399,390 2,258,710 1,649,090
Total Liabilities Growth +0.25% +0.72% +6.23% +36.97% +130.28%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 136,540 513,690 696,780 744,820 352,030
Operating Cash Flow Growth -73.42% -26.28% -6.45% +111.58% +62.73%
Net Cash Flow 10,200 175,370 -184,500 353,930 -560,060
Change in Net Cash Flow -94.18% +195.05% -152.13% +163.20% -246.13%
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