ENPH— Enphase Energy, Inc.

Information TechnologySemiconductors$5.5B mkt cap

Metric	FY2025	FY2024	FY2023	FY2022
Net revenues	$1.47B+10.7%	$1.33B-41.9%	$2.29B-1.7%	$2.33B
Cost of revenues	$786.0M+12.1%	$701.2M-43.1%	$1.23B-9.1%	$1.36B
Gross profit	$687.0M+9.2%	$629.1M-40.6%	$1.06B+8.6%	$974.6M
Research and development	$189.1M-6.1%	$201.3M-11.4%	$227.3M+34.6%	$168.8M
Sales and marketing	$197.5M-4.4%	$206.6M-10.9%	$231.8M+7.8%	$215.1M
General and administrative	$135.8M+3.8%	$130.8M-5.1%	$137.8M-1.5%	$140.0M
Restructuring and asset impairment charges	$7.1M-45.8%	$13.2M-16.1%	$15.7M+557.9%	$2.4M
Total operating expenses	$529.5M-4.1%	$551.8M-9.9%	$612.6M+16.4%	$526.3M
Income from operations	$157.5M+103.8%	$77.3M-82.7%	$445.7M-0.6%	$448.3M
Interest income	$62.7M-18.9%	$77.3M+10.9%	$69.7M+410.6%	$13.7M
Interest expense	-$4.5M+49.2%	-$8.9M-0.7%	-$8.8M+6.3%	-$9.4M
Other income (expense), net	-$10.9M+57.3%	-$25.5M-492.3%	$6.5M+1610.2%	-$431K
Total other income, net	$47.3M+10.3%	$42.9M-36.4%	$67.4M+1679.7%	$3.8M
Income before income taxes	$204.8M+70.5%	$120.2M-76.6%	$513.1M+13.5%	$452.0M
Income tax provision	-$32.7M-86.7%	-$17.5M+76.4%	-$74.2M-35.7%	-$54.7M
Net income	$172.1M+67.7%	$102.7M-76.6%	$438.9M+10.5%	$397.4M
Basic (in usd per share)	$1310.00+72.4%	$760.00-76.4%	$3220.00+9.5%	$2940.00
Diluted (in usd per share)	$1290.00+72.0%	$750.00-75.6%	$3080.00+11.2%	$2770.00
Basic (in shares)	131.2M-3.0%	135.2M-0.9%	136.4M+0.8%	135.3M
Diluted (in shares)	134.9M-3.7%	140.0M-2.3%	143.3M-0.8%	144.4M

Source: SEC EDGAR XBRL. % change vs prior period shown where available.

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Source: SEC EDGAR 10-K and 10-Q filings. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.