In Q1 FY2026 (ended March 31, 2026), Enphase Energy reported revenue of $282.9 million, down 20.6% year-over-year. Net income was -$7.4 million, a decline of 124.9% from the prior year, and operating income was -$29.6 million, down 192.9%. Diluted EPS was -$0.06, compared to $0.22 a year ago. The company held $497.5 million in cash, $1.1 billion in equity, and $572.5 million in long-term debt.
•Revenue fell 20.6% YoY to $282.9M.
•Net loss of $7.4M vs. net income of $29.7M a year ago.
•Operating loss of $29.6M, down from operating income of $31.9M.
•Diluted EPS of -$0.06, compared to $0.22 in Q1 FY2025.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Enphase Energy designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and globally. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control microinverter units and related accessories.
Its portfolio also includes IQ Battery and related accessories, IQ PowerPack 1500 and related accessories, IQ Combiner, IQ Gateway, and IQ Energy Router, cloud-based monitoring service, and electric vehicle charging solutions Design, proposal, permitting, installation and solar appointment generation services, and Enphase Care services.
The company sells its solutions to solar distributors; and directly to large installers, OEMs, strategic partners, and homeowners through its legacy product upgrade program or online store. Incorporated in 2006, Enphase Energy is headquartered in Fremont, California.
Enphase Energy designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry. The company is best known for its semiconductor-based microinverters, which convert energy at the individual solar module level. These microinverters are combined with proprietary networking and software technologies to provide energy monitoring and control. Enphase also offers the IQ Battery and related accessories, IQ PowerPack 1500, IQ Combiner, IQ Gateway, and IQ Energy Router. Additionally, the company provides cloud-based monitoring services, electric vehicle charging solutions, and services such as design, proposal, permitting, installation, and solar appointment generation. Enphase sells its solutions to solar distributors, large installers, OEMs, strategic partners, and homeowners, as well as through its legacy product upgrade program and online store.
Where is Enphase Energy (ENPH) listed and what currency is used?
Enphase Energy is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol ENPH. The company's stock is traded in United States Dollars (USD). As a US-based company, its financial reporting and stock trading are conducted in USD, making it accessible to investors on major US exchanges.
What sector and industry does Enphase Energy (ENPH) operate in?
Enphase Energy operates in the Technology sector and specifically within the Solar industry. While the company is classified under Technology, its core focus is on solar energy solutions, including microinverters, battery storage, and energy management software. This places it at the intersection of renewable energy and advanced electronics, leveraging semiconductor technology to optimize solar power generation at the module level.
Where is Enphase Energy (ENPH) headquartered and what markets does it serve?
Enphase Energy is headquartered in Fremont, California, United States. The company was incorporated in 2006 and serves both the United States and global markets. Its home energy solutions are designed for the solar photovoltaic industry worldwide, and it sells through solar distributors, large installers, OEMs, strategic partners, and directly to homeowners. The company's global reach includes international customers, though its primary operations and headquarters remain in the US.
How does Enphase Energy (ENPH) make money?
Enphase Energy generates revenue primarily through the sale of its home energy solutions, including microinverters, IQ Battery systems, and related accessories. The company also earns from cloud-based monitoring services, electric vehicle charging solutions, and value-added services like design, proposal, permitting, and installation support. Its customers include solar distributors, large installers, OEMs, strategic partners, and homeowners. Additionally, Enphase offers a legacy product upgrade program and an online store for direct sales. By combining hardware with proprietary software and services, the company creates a recurring revenue stream from monitoring and energy management.