ENPHNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Enphase Energy, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 28, 2026
$30.63+0.01 (+0.03%)
Close on Oct 19, 2026
- Market cap
- $4.14B
- P/E (TTM)
- 30.9
- Dividend yield
- –
Enphase Energy statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Semiconductors & Related Devices companies for comparison
Valuation
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Market Cap | $4.05B | $525.27M |
| Enterprise Value | $3.68B | $589.69M |
| PE Ratio | 30.94 | 35.17 |
| PS Ratio | 3.05 | 3.06 |
| PB Ratio | 3.42 | 3.15 |
| P/TBV Ratio | 4.24 | 3.96 |
| P/FCF Ratio | 26.52 | 31.00 |
| P/OCF Ratio | 19.77 | 24.99 |
Enterprise value
| Measure | Enphase Energy | Industry median |
|---|---|---|
| EV / Sales | 2.77 | 2.65 |
| EV / EBITDA | 19.17 | 22.85 |
| EV / EBIT | 33.34 | 28.85 |
| EV / FCF | 24.13 | 31.48 |
Income (trailing twelve months)
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Revenue | $1.33B | $330.57M |
| Gross Profit | $623.68M | $96.76M |
| Operating Income | $110.47M | -$1.02M |
| Pretax Income | $163.76M | $931.00K |
| Net Income | $134.02M | -$2.96M |
| EBITDA | $192.13M | $794.00K |
| EPS (Diluted) | $0.99 | -$0.01 |
Margins
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Gross Margin | 46.9% | 34.6% |
| Operating Margin | 8.32% | -0.18% |
| Pretax Margin | 12.3% | 2.01% |
| Profit Margin | 10.1% | -1.47% |
| EBITDA Margin | 14.5% | 3.65% |
| FCF Margin | 11.5% | 2.33% |
Returns
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Return on Equity (ROE) | 13.0% | 0.52% |
| Return on Assets (ROA) | 4.40% | -2.56% |
| Return on Invested Capital (ROIC) | 13.2% | 1.40% |
| Return on Capital Employed (ROCE) | 4.69% | -0.15% |
Growth
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -10.4% | 11.8% |
| Net Income Growth (YoY) | -23.3% | 14.4% |
| EPS Growth (YoY) | -20.2% | 18.8% |
| FCF Growth (YoY) | -59.1% | 14.3% |
| Revenue Growth (3Y CAGR) | -14.2% | 1.67% |
| Revenue Growth (5Y CAGR) | 13.7% | 6.96% |
| EPS Growth (3Y CAGR) | -22.5% | -1.01% |
Balance sheet
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $937.71M | $95.33M |
| Total Debt | $572.84M | $153.58M |
| Net Cash (Debt) | $364.87M | $9.42M |
| Net Cash Per Share | $2.76 | $0.26 |
| Equity (Book Value) | $1.18B | $203.20M |
| Book Value Per Share | $8.94 | $5.17 |
| Tangible Book Value | $955.52M | $69.18M |
| Working Capital | $1.39B | $157.77M |
Financial position
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Current Ratio | 3.45 | 2.34 |
| Quick Ratio | 2.14 | 1.30 |
| Debt / Equity | 0.48 | 0.33 |
| Debt / EBITDA | 2.98 | 2.33 |
| Debt / FCF | 3.75 | 2.55 |
| Net Debt / EBITDA | -1.90 | 0.47 |
| Interest Coverage | 42.18 | -0.03 |
Cash flow (trailing twelve months)
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Operating Cash Flow | $204.69M | $3.66M |
| Capital Expenditures | -$52.06M | -$17.61M |
| Free Cash Flow | $152.63M | $3.59M |
| FCF Per Share | $1.16 | $0.17 |
Efficiency
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Asset Turnover | 0.44 | 0.65 |
| Inventory Turnover | 3.08 | 3.09 |
| Revenue Per Employee | $462.57K | $367.12K |
| Profits Per Employee | $46.67K | -$9.66K |
| Employee Count | 2,872 | 534 |
Dividends and yields
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Earnings Yield | 3.31% | -1.04% |
| FCF Yield | 3.77% | 0.65% |
| Buyback Yield | 0.00% | 0.33% |
| Shareholder Yield | 0.00% | 0.79% |
Shares
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Shares Outstanding | 132,145,000 | 50,117,600 |
| Shares Change (YoY) | -4.26% | 2.21% |
| Shares Change (QoQ) | 0.26% | 0.46% |
| Float | 129,768,000 | 49,945,100 |
| Shares Held by Insiders | 1.80% | 5.28% |
| Shares Held by Institutions | 94.2% | 67.4% |
Taxes
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Income Tax | $29.73M | $3.23M |
| Effective Tax Rate | 18.2% | 18.1% |
Scores
| Measure | Enphase Energy | Industry median |
|---|---|---|
| Graham Number | $14.11 | $32.11 |
| Graham Upside | -53.9% | -63.0% |
| Altman Z-Score | 2.46 | 2.84 |
| Piotroski F-Score | 6 | 5 |
| Beneish M-Score | -2.39 | -2.58 |
Calculated by StockData from Enphase Energy's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.