Skip to content
Screener

Enphase Energy ENPH Business Segments — Net revenues

Similar metrics at other companies

Williams-Sonoma logo
WSMReportable Segment — Net revenues
$1.81B+4.4%
Valvoline logo
VVVReportable Segment — Net revenues
$544.6M+24.1%
BOB
BOBSReportable segment — Net revenues
$619.57M+8.8%
Chegg logo
CHGGReportable Segment — Net revenues
$51.85M-50.7%
PayPal Holdings, Inc. logo
PYPLReportable Segment — Net revenues
$8.68B+4.8%
Beyond Meat logo
BYNDReporting Segment — Net revenues
$68.83M-8.2%

Other financials

Income statement

See full
Revenue$291.9M-19.6%
Gross profit$175.0M+2.7%
Operating income$51.5M+39.2%
Net income$36.1M-2.6%
EPS (diluted)$0.27-3.6%

Balance sheet

See full
Cash & equivalents$529.3M+42.9%
Total debt$613.4M-50.3%
Total equity$1.2B+34.2%
Total assets$2.9B-8.2%

Cash flow

See full
Operating cash flow$40.3M+51.4%
CapEx$14.4M+74.3%
Free cash flow$25.9M+41.1%

Valuation

See full
Market cap$5.15B+30.7%
Enterprise value$5.23B+9.0%
P/E38.4×+15.9×
P/S3.9×+1.2×

Profitability

See full
Gross margin46.9%-1.3pp
Operating margin8.3%-3.4pp
Net margin10.1%-1.7pp
FCF margin11.5%-13.7pp

Returns & leverage

See full
Return on equity13%-6.8pp
Debt / equity0.5×-0.9×
Current ratio3.5×+1.5×

Where this comes from

Reported directly by Enphase Energy in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Enphase Energy’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001463101-26-000081
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net revenues$291,854$363,153$574,754$719,237
Less:
Other cost of revenues(1)220,260247,799433,528483,454
Fair value of AMPTC generated(64,922)(61,040)(119,514)(114,671)
Loss from sale of AMPTC generated during 202518,905
Tariff refunds(2)(43,411)(43,411)
Stock-based compensation expense43,55453,89692,545109,529
Acquisition related expenses and amortization(3)4,2514,4679,4198,896

Item 1. Financial Statements (unaudited)

FAQ

What is Enphase Energy's business segments — net revenues?
Enphase Energy (ENPH) reported business segments — net revenues of $291.85M in Q2 2026.
How has Enphase Energy's business segments — net revenues changed year-over-year?
Enphase Energy's business segments — net revenues decreased by 19.6% year-over-year, from $363.15M to $291.85M.
What is the long-term trend for Enphase Energy's business segments — net revenues?
Over 3 years (2022 to 2025), Enphase Energy's business segments — net revenues has grown at a -14.2% compound annual growth rate (CAGR), from $2.33B to $1.47B.
What does business segments — net revenues mean?
Represents the total gross revenue generated by the company's primary business segment from the sale of solar energy technology products and services. This metric reflects the core market demand for the company's microinverter and energy storage platforms. It serves as a key indicator of the company's top-line growth and market penetration within the renewable energy sector.

Ask your AI about Enphase Energy's business segments — net revenues.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude