Enphase Energy, Inc. (ENPH) stock
ENPHNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 27, 2026Score 12/3027% below fair value
$26.07−0.71 (-2.65%)
Close on Nov 13, 2026Market cap $3.45BP/E 39.5Yield –
Enphase Energy profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Enphase Energy's profit margin for the twelve months ending Sep 30, 2026 was 7.5%. For fiscal 2025 it was 11.7%, against 7.7% the year before. The highest annual figure on record is 25.8% in fiscal 2019.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 11.7% | +4.0 |
| FY2024 | Dec 31, 2024 | 7.7% | −11.4 |
| FY2023 | Dec 31, 2023 | 19.2% | +2.1 |
| FY2022 | Dec 31, 2022 | 17.0% | +6.5 |
| FY2021 | Dec 31, 2021 | 10.5% | −6.8 |
| FY2020 | Dec 31, 2020 | 17.3% | −8.5 |
| FY2019 | Dec 31, 2019 | 25.8% | +29.5 |
| FY2018 | Dec 31, 2018 | -3.7% | +12.1 |
| FY2017 | Dec 31, 2017 | -15.8% | +5.1 |
| FY2016 | Dec 31, 2016 | -20.9% | −14.7 |
| FY2015 | Dec 31, 2015 | -6.2% | −3.8 |
| FY2014 | Dec 31, 2014 | -2.3% | +8.8 |
| FY2013 | Dec 31, 2013 | -11.1% | +6.5 |
| FY2012 | Dec 31, 2012 | -17.6% | +4.0 |
| FY2011 | Dec 31, 2011 | -21.6% | +13.7 |
| FY2010 | Dec 31, 2010 | -35.3% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 8.0% | −8.3 |
| Q2 FY2026 | Jun 30, 2026 | 12.4% | +2.2 |
| Q1 FY2026 | Mar 31, 2026 | -2.6% | −11.0 |
| Q4 FY2025 | Dec 31, 2025 | 11.3% | −5.0 |
| Q3 FY2025 | Sep 30, 2025 | 16.2% | +4.2 |
| Q2 FY2025 | Jun 30, 2025 | 10.2% | +6.6 |
| Q1 FY2025 | Mar 31, 2025 | 8.3% | +14.5 |
| Q4 FY2024 | Dec 31, 2024 | 16.2% | +9.3 |
| Q3 FY2024 | Sep 30, 2024 | 12.0% | −8.7 |
| Q2 FY2024 | Jun 30, 2024 | 3.6% | −18.5 |
| Q1 FY2024 | Mar 31, 2024 | -6.1% | −26.3 |
| Q4 FY2023 | Dec 31, 2023 | 6.9% | −14.3 |
| Q3 FY2023 | Sep 30, 2023 | 20.7% | +2.6 |
| Q2 FY2023 | Jun 30, 2023 | 22.1% | +7.6 |
| Q1 FY2023 | Mar 31, 2023 | 20.2% | +8.5 |
| Q4 FY2022 | Dec 31, 2022 | 21.2% | +8.5 |
| Q3 FY2022 | Sep 30, 2022 | 18.1% | +11.9 |
| Q2 FY2022 | Jun 30, 2022 | 14.5% | +2.1 |
| Q1 FY2022 | Mar 31, 2022 | 11.7% | +1.2 |
| Q4 FY2021 | Dec 31, 2021 | 12.7% | −14.8 |
| Q3 FY2021 | Sep 30, 2021 | 6.2% | −15.8 |
| Q2 FY2021 | Jun 30, 2021 | 12.5% | +50.1 |
| Q1 FY2021 | Mar 31, 2021 | 10.5% | −23.0 |
| Q4 FY2020 | Dec 31, 2020 | 27.6% | −28.0 |
| Q3 FY2020 | Sep 30, 2020 | 22.1% | +4.8 |
| Q2 FY2020 | Jun 30, 2020 | -37.7% | −45.6 |
| Q1 FY2020 | Mar 31, 2020 | 33.5% | +30.8 |
| Q4 FY2019 | Dec 31, 2019 | 55.5% | +54.8 |
| Q3 FY2019 | Sep 30, 2019 | 17.3% | +21.7 |
| Q2 FY2019 | Jun 30, 2019 | 7.9% | +12.8 |
| Q1 FY2019 | Mar 31, 2019 | 2.8% | +10.1 |
| Q4 FY2018 | Dec 31, 2018 | 0.8% | +4.5 |
| Q3 FY2018 | Sep 30, 2018 | -4.4% | +4.4 |
| Q2 FY2018 | Jun 30, 2018 | -4.9% | +11.3 |
| Q1 FY2018 | Mar 31, 2018 | -7.3% | +35.2 |
| Q4 FY2017 | Dec 31, 2017 | -3.7% | +10.9 |
| Q3 FY2017 | Sep 30, 2017 | -8.9% | – |
| Q2 FY2017 | Jun 30, 2017 | -16.2% | – |
| Q1 FY2017 | Mar 31, 2017 | -42.6% | – |
| Q4 FY2016 | Dec 31, 2016 | -14.6% | – |
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