Enphase Energy, Inc. financial data

Symbol
ENPH on Nasdaq
Location
Fremont, CA
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 28 Oct 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 222% % -48%
Quick Ratio 16% % -53%
Debt-to-equity 265% % 5.9%
Return On Equity 22% % 237%
Return On Assets 6.1% % 223%
Operating Margin 13% % 1181%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 130,859,709 shares -3.1%
Common Stock, Shares, Outstanding 130,849,000 shares -3.1%
Entity Public Float $9,900,000,000 USD -42%
Common Stock, Value, Issued $1,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 130,797,000 shares -3.3%
Weighted Average Number of Shares Outstanding, Diluted 132,995,000 shares -4.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $1,512,377,000 USD 21%
Cost of Revenue $779,111,000 USD 16%
Research and Development Expense $193,251,000 USD -6.3%
Selling and Marketing Expense $199,884,000 USD -4%
General and Administrative Expense $133,069,000 USD 0.58%
Operating Income (Loss) $189,892,000 USD 1449%
Nonoperating Income (Expense) $45,924,000 USD -8.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $235,816,000 USD 276%
Income Tax Expense (Benefit) $40,236,000 USD 3068%
Net Income (Loss) Attributable to Parent $195,580,000 USD 218%
Earnings Per Share, Basic 1 USD/shares 222%
Earnings Per Share, Diluted 1 USD/shares 217%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $401,880,000 USD 57%
Marketable Securities, Current $1,076,044,000 USD -29%
Accounts Receivable, after Allowance for Credit Loss, Current $265,513,000 USD 14%
Inventory, Net $188,652,000 USD 19%
Assets, Current $2,391,787,000 USD 1.3%
Deferred Income Tax Assets, Net $320,898,000 USD 16%
Property, Plant and Equipment, Net $131,317,000 USD -12%
Operating Lease, Right-of-Use Asset $24,028,000 USD -15%
Intangible Assets, Net (Excluding Goodwill) $27,332,000 USD -47%
Goodwill $214,406,000 USD 0.05%
Other Assets, Noncurrent $234,748,000 USD 27%
Assets $3,320,488,000 USD 1.7%
Accounts Payable, Current $188,571,000 USD 68%
Employee-related Liabilities, Current $15,119,000 USD 25%
Accrued Liabilities, Current $207,926,000 USD 9.5%
Contract with Customer, Liability, Current $111,493,000 USD -14%
Liabilities, Current $1,171,144,000 USD 106%
Contract with Customer, Liability, Noncurrent $345,710,000 USD -2.4%
Operating Lease, Liability, Noncurrent $24,262,000 USD -5.7%
Other Liabilities, Noncurrent $58,077,000 USD -6.9%
Liabilities $2,325,466,000 USD -0.32%
Accumulated Other Comprehensive Income (Loss), Net of Tax $3,317,000 USD 1.7%
Retained Earnings (Accumulated Deficit) $242,583,000 USD -131%
Stockholders' Equity Attributable to Parent $995,022,000 USD 6.8%
Liabilities and Equity $3,320,488,000 USD 1.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $48,414,000 USD -1.6%
Net Cash Provided by (Used in) Financing Activities $214,175,000 USD -112%
Net Cash Provided by (Used in) Investing Activities $113,060,000 USD 538%
Common Stock, Shares Authorized 300,000,000 shares 0%
Common Stock, Shares, Issued 130,849,000 shares -3.1%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $49,026,000 USD -40%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $401,880,000 USD 57%
Deferred Tax Assets, Valuation Allowance $1,973,000 USD
Deferred Tax Assets, Gross $343,937,000 USD 22%
Operating Lease, Liability $30,075,000 USD -6.2%
Payments to Acquire Property, Plant, and Equipment $14,608,000 USD 98%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $195,634,000 USD 163%
Lessee, Operating Lease, Liability, to be Paid $37,106,000 USD -6.5%
Property, Plant and Equipment, Gross $330,792,000 USD 8.2%
Operating Lease, Liability, Current $5,813,000 USD -8%
Lessee, Operating Lease, Liability, to be Paid, Year Two $5,450,000 USD -26%
Lessee, Operating Lease, Liability, to be Paid, Year One $7,773,000 USD -2.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $7,031,000 USD -7.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three $4,506,000 USD -9.8%
Unrecognized Tax Benefits $27,660,000 USD 1.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four $4,451,000 USD 12%
Operating Lease, Payments $8,532,000 USD 14%
Additional Paid in Capital $1,234,287,000 USD 19%
Amortization of Intangible Assets $20,312,000 USD -16%
Depreciation, Depletion and Amortization $19,915,000 USD -1.1%
Deferred Tax Assets, Net of Valuation Allowance $341,964,000 USD 21%
Share-based Payment Arrangement, Expense $212,828,000 USD -0.9%
Interest Expense $8,879,000 USD 0.24%