← Enphase Energy, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $322.6m |
$286.2m
-11.29%
|
$316.2m
+10.48%
|
$624.3m
+97.47%
|
$774.4m
+24.04%
|
$1.4b
+78.46%
|
$2.3b
+68.65%
|
$2.3b
-1.72%
|
$1.3b
-41.92%
|
$1.5b
+10.72%
|
$1.3b
-9.81%
|
|
| Cost of Revenue | $264.6m |
$230.1m
-13.02%
|
$221.7m
-3.65%
|
$403.1m
+81.81%
|
$428.4m
+6.29%
|
$827.6m
+93.17%
|
$1.4b
+63.87%
|
$1.2b
-9.13%
|
$701.2m
-43.10%
|
$786.0m
+12.08%
|
$704.8m
-10.33%
|
|
| Gross Profit | $58.0m |
$56.0m
-3.39%
|
$94.4m
+68.52%
|
$221.2m
+134.26%
|
$346.0m
+56.38%
|
$554.4m
+60.25%
|
$974.6m
+75.79%
|
$1.1b
+8.60%
|
$629.1m
-40.56%
|
$687.0m
+9.20%
|
$623.7m
-9.22%
|
|
| Research and Development Expense | $50.7m | $33.2m | $32.6m | $40.4m | $55.9m | $105.5m | $168.8m | $227.3m | $201.3m | $189.1m | $184.0m | |
| Selling and Marketing Expense | $38.8m | $23.1m | $27.0m | $36.7m | $52.9m | $129.0m | $215.1m | $231.8m | $206.6m | $197.5m | $323.8m | |
| General and Administrative Expense | $27.4m | $22.2m | $29.1m | $38.8m | $50.7m | $104.1m | $140.0m | $137.8m | $130.8m | $135.8m | $132.3m | |
| Amortization of Intangible Assets | $700k | $400k | $1.7m | $4.7m | $5.1m | $9.5m | $24.7m | $27.2m | $22.6m | $20.2m | — | |
| Operating Expenses | $120.7m | $95.4m | $92.8m | $118.5m | $159.5m | $338.6m | $526.3m | $612.6m | $551.8m | $529.5m | $507.8m | |
| Operating Income (Loss) | ($62.7m) |
($39.4m)
+37.20%
|
$1.6m
+104.05%
|
$102.7m
+6336.65%
|
$186.4m
+81.49%
|
$215.8m
+15.77%
|
$448.3m
+107.69%
|
$445.7m
-0.56%
|
$77.3m
-82.66%
|
$157.5m
+103.81%
|
$115.9m
-26.42%
|
|
| Debt Securities, Gain (Loss) | — | — | — | — | — | $3.0m | $735k | $8.1m | $2.0m | ($9.6m) | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | ($44.3m) | $0 | $0 | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($514k) | $2.0m | ($2.2m) | ($5.4m) | ($3.8m) | $6.0m | ($431k) | $6.5m | ($25.5m) | ($10.9m) | — | |
| Interest Expense (non-operating) | $2.8m | $7.9m | $10.7m | $9.7m | $21.0m | $45.2m | $9.4m | $8.8m | $8.9m | $4.5m | $2.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($67.6m) | ($47.9m) | ($14.3m) | $85.5m | $112.7m | $102.9m | $417.6m | $465.5m | $80.9m | $146.0m | $163.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($66.0m) | ($45.3m) | ($10.2m) | $90.1m | $119.4m | $120.9m | $452.0m | $513.1m | $120.2m | $204.8m | $163.8m | |
| Current Income Tax Expense (Benefit) | $821k | $1.2m | $1.3m | $1.9m | $2.5m | $6.7m | $54.8m | $121.4m | $78.7m | $19.2m | $29.7m | |
| Income Tax Expense (Benefit) | $1.5m | ($149k) | $1.4m | ($71.0m) | ($14.6m) | ($24.5m) | $54.7m | $74.2m | $17.5m | $32.7m | $29.7m | |
| Net Income (Loss) Attributable to Parent | ($67.5m) |
($45.2m)
+33.01%
|
($11.6m)
+74.27%
|
$161.1m
+1485.98%
|
$134.0m
-16.85%
|
$145.4m
+8.55%
|
$397.4m
+173.20%
|
$438.9m
+10.46%
|
$102.7m
-76.61%
|
$172.1m
+67.68%
|
$134.0m
-22.14%
|
|
| Earnings Per Share, Basic | — | ($0.54) | ($0.12) | $1.38 | $1.07 | $1.09 | $2.94 | $3.22 | $0.76 | $1.31 | $1.02 | |
| Earnings Per Share, Diluted | — | — | ($0.12) | $1.23 | $0.95 | $1.02 | $2.77 | $3.08 | $0.75 | $1.29 | $1.01 | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | ($0.54) | ($0) | $1 | $1 | $1 | $3 | $3 | $0.76 | $1.31 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | ($0) | $1 | $1 | $1 | $3 | $3 | $1 | $1 | — | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | 99.6m | 116.7m | 125.6m | 134.0m | 135.3m | 136.4m | 135.2m | 131.2m | 131.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | 99.6m | 131.6m | 141.9m | 142.9m | 144.4m | 143.3m | 140.0m | 134.9m | 133.4m | |
| Additional Financial Items | ||||||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | $6.0m | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($62.7m) | ($39.4m) | — | — | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.