ENPH · XBRL financial data

Enphase Energy financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (ENPH's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue from contracts with customers	303*	263	303	381	383*	356	363	410	343*	283	292	293
Cost of revenue	156*	148	166	203	184*	188	193	214	191*	183	117	166
Gross profit	147*	116	137	178	198*	168	170	196	152*	100	175	127
Research and development	55*	54	49	48	50*	50	45	47	46*	45	46	45
General and administrative	33*	35	34	30	32*	34	34	33	35*	33	31	30
Total operating expenses	157*	145	135	128	143*	136	133	130	130*	130	123	121
Other operating income (expense)	—	—	—	—	—	0	(0)	(1)	0*	—	—	—
Operating income (loss)	(10)*	(29)	2	50	55*	32	37	66	22*	(30)	52	6
Interest expense	2*	2	2	2	2*	2	1	1	1*	1	0	0
Other income (expense)	4*	0	(8)	(17)	(1)*	(0)	(9)	(4)	2*	4	(1)	(27)
Income tax expense (benefit)	(9)*	5	0	5	8*	17	5	10	(0)*	(6)	26	(27)
Net income (loss)	21*	(16)	11	46	62*	30	37	67	39*	(7)	36	23
Earnings per share, basic USD per share	0.15*	(0.12)	0.08	0.34	0.46*	0.23	0.28	0.51	0.30*	(0.06)	0.27	0.18
Earnings per share, diluted USD per share	0.15*	(0.12)	0.08	0.33	0.42*	0.22	0.28	0.50	0.29*	(0.06)	0.27	0.17
Weighted average shares, basic millions of shares	136*	136	136	135	134*	132	131	131	131*	131	132	132
Weighted average shares, diluted millions of shares	138*	136	136	140	148*	136	135	133	135*	131	135	135

Balance sheet

CSV

Fiscal quarters (ENPH's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	289	254	252	256	369	350	371	402	474	498	529	380
Marketable securities	1,406	1,376	1,394	1,510	1,253	1,117	1,160	1,076	1,039	433	408	551
Accounts receivable	446	364	277	232	224	226	223	266	230	197	274	250
Inventory	214	208	176	159	165	144	173	189	288	291	285	244
Prepaid and other current assets	89	101	142	203	221	296	363	460	576	412	454	457
Total current assets	2,444	2,303	2,242	2,361	2,327	2,197	2,289	2,392	2,607	1,830	1,951	1,883
Property and equipment, net	168	158	152	148	148	142	137	131	137	139	136	134
Right-of-use asset	20	20	19	28	25	28	26	24	35	35	36	36
Goodwill	215	214	213	214	212	212	215	214	215	214	213	213
Total assets	3,383	3,233	3,167	3,264	3,250	3,106	3,179	3,320	3,510	2,724	2,919	2,877
Accounts payable	116	72	80	112	90	115	163	189	203	113	125	101
Accrued liabilities	262	234	198	190	197	212	207	208	217	196	189	162
Current portion of long-term debt	0	97	99	100	101	631	631	632	632	0	0	0
Total current liabilities	532	554	530	567	660	1,159	1,163	1,171	1,262	482	565	460
Long-term debt	1,294	1,199	1,199	1,200	1,201	571	572	572	572	573	573	573
Lease liability, non-current	19	19	18	26	23	27	26	24	31	31	31	33
Total liabilities	2,399	2,310	2,282	2,333	2,417	2,295	2,298	2,325	2,423	1,622	1,737	1,635
Retained earnings (accumulated deficit)	46	(12)	(101)	(105)	(245)	(316)	(309)	(243)	(204)	(211)	(175)	(152)
Total stockholders' equity	984	923	885	931	833	811	881	995	1,087	1,102	1,182	1,242
Total liabilities and equity	3,383	3,233	3,167	3,264	3,250	3,106	3,179	3,320	3,510	2,724	2,919	2,877
Common shares outstanding (cover page) millions of shares	136	136	135	135	132	131	131	131	131	132	132	132

Cash flows

CSV

Fiscal quarters (ENPH's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	21*	(16)	11	46	62*	30	37	67	39*	(7)	36	23
Stock-based compensation	55*	61	53*	46*	52*	56	54*	51*	53*	49	44*	43*
Depreciation and amortization	21*	20	20*	20*	21*	20	20*	20*	20*	21	20*	20*
Net cash from operating activities	35*	49	127*	170*	167*	48	27*	14*	48*	103	40*	0*
Purchases of property and equipment	20*	7	10*	9*	8*	15	8*	8*	10*	20	14*	11*
Net cash from investing activities	76*	18	(28)*	(112)*	251*	113	(51)*	21*	24*	576	(10)*	(145)*
Share repurchases	100*	42	100*	50*	200*	100	30*	0*	0*	0	0*	0*
Repayments of long-term debt	year only	0	0*	0*	0*	102	0*	0*	0*	0	—	—
Net cash from financing activities	(115)*	(101)	(101)*	(56)*	(203)*	(214)	(28)*	(2)*	2*	(651)	2*	(3)*
Net change in cash	(1)*	(35)	(2)*	4*	208*	(49)	(45)*	31*	72*	23	32*	(149)*

Compare with peers

SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Enphase Energy	380	293	0.1*	132.3M	Q3 FY26 10-QSep 30, 2026
Impinj	39	112	26*	30.9M	Q3 FY26 10-QSep 30, 2026
Plexus	314	1.3	26*	26.7M	Q3 FY26 10-QJul 4, 2026
Lattice Semiconductor	128	291	95*	142.2M	Q3 FY26 10-QOct 3, 2026
Solaredge Technologies	527	346	11*	61.5M	Q2 FY26 10-QJun 30, 2026
Allegro Microsystems	193	277	37*	186.5M	Q2 FY27 10-QSep 25, 2026
Diodes	430	446	68*	46.1M	Q2 FY26 10-QJun 30, 2026
Amkor Technology	1,603	1,991	487*	247.8M	Q3 FY26 10-QSep 30, 2026
Power Integrations	71	119	22*	55.9M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.