ENPH
Enphase Energy Inc
NASDAQ: ENPH · TECHNOLOGY · SOLAR
$32.96
+5.67% today
Updated 2026-04-30
Market cap
$4.11B
P/E ratio
30.88
P/S ratio
2.79x
EPS (TTM)
$1.01
Dividend yield
—
52W range
$26 – $54
Volume
6.0M
Enphase Energy Inc (ENPH) Financial statements
SEC filings — annual and quarterly data.
Profit margin
11.70%
Operating margin
6.35%
ROE
17.90%
ROA
3.05%
Debt/equity
1.11x
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2008 | $1.67M | $-14.50M | -348.14% | -881.12% | -869.36% |
| 2009 | $20.19M | $-16.93M | -15.00% | -82.67% | -83.81% |
| 2010 | $61.66M | $-21.78M | 10.54% | -33.60% | -35.32% |
| 2011 | $149.52M | $-32.29M | 19.44% | -19.20% | -21.60% |
| 2012 | $216.68M | $-38.22M | 25.52% | -14.38% | -17.64% |
| 2013 | $232.85M | $-25.91M | 28.95% | -9.52% | -11.13% |
| 2014 | $343.90M | $-8.05M | 32.87% | -1.29% | -2.34% |
| 2015 | $357.25M | $-22.08M | 30.29% | -5.40% | -6.18% |
| 2016 | $322.59M | $-67.46M | 17.98% | -19.44% | -20.91% |
| 2017 | $286.17M | $-45.19M | 19.58% | -13.76% | -15.79% |
| 2018 | $316.16M | $-11.63M | 29.87% | 0.50% | -3.68% |
| 2019 | $624.33M | $161.15M | 35.44% | 16.45% | 25.81% |
| 2020 | $774.42M | $134.00M | 44.68% | 24.07% | 17.30% |
| 2021 | $1.38B | $145.45M | 40.12% | 15.62% | 10.52% |
| 2022 | $2.33B | $397.36M | 41.81% | 19.23% | 17.05% |
| 2023 | $2.29B | $438.94M | 46.20% | 19.46% | 19.16% |
| 2024 | $1.33B | $102.66M | 47.29% | 5.81% | 7.72% |
| 2025 | $1.47B | $172.13M | 46.64% | 11.18% | 11.69% |