Q2 FY2026 EarningsQ2 FY26 results were largely in line with consensus on the top line but showed significant strength in GAAP earnings due to a one-time tariff refund. Revenue reached $291.9M vs. $290.3M expected, driven by a 35% increase in European sales despite a 3% decline in the U.S. GAAP diluted EPS of $0.27 significantly beat the $0.076 consensus due to a $52M U.S. Customs refund, while Non-GAAP EPS of $0.46 was essentially in-line with the $0.464 estimate. Q3 FY26 revenue guidance of $290M-$320M suggests steady demand, slightly above the current quarter's run rate.
Overview: Enphase Energy(ENPH) the Revenue is 291.85 M (-19.63%), Beat estimate;the EBIT is 51.52 M (+39.21%), Beat estimate;the EPS is 0.27 (-3.57%), Beat estimate.