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Enphase Energy ENPH Business Segments — Stock-based compensation expense

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Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:AllocatedShareBasedCompensationExpense.

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
Cost of revenues$3,666$4,311$7,250$8,550
Research and development17,56920,48136,40342,128
Sales and marketing12,36316,65727,08033,053
General and administrative9,78212,36821,66025,210
Restructuring17479152588
Total$43,554$53,896$92,545$109,529

Item 1. Financial Statements (unaudited)

FAQ

What is Enphase Energy's business segments — stock-based compensation expense?
Enphase Energy (ENPH) reported business segments — stock-based compensation expense of $43.55M in Q2 2026.
How has Enphase Energy's business segments — stock-based compensation expense changed year-over-year?
Enphase Energy's business segments — stock-based compensation expense decreased by 19.2% year-over-year, from $53.9M to $43.55M.
What is the long-term trend for Enphase Energy's business segments — stock-based compensation expense?
Over 3 years (2022 to 2025), Enphase Energy's business segments — stock-based compensation expense has grown at a -0.4% compound annual growth rate (CAGR), from $216.8M to $214.09M.
What does business segments — stock-based compensation expense mean?
Represents the non-cash expense recognized for equity-based awards granted to employees and management. This metric is used to evaluate the company's compensation strategy and its impact on shareholder dilution. Investors monitor this to understand the true cost of talent acquisition and retention relative to operational performance.

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