---
title: "Enphase Energy (ENPH.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/ENPH.US/norm.md"
symbol: "ENPH.US"
name: "Enphase Energy"
parent: "https://longbridge.com/en/quote/ENPH.US.md"
datetime: "2026-05-20T04:08:13.108Z"
locales:
  - [en](https://longbridge.com/en/quote/ENPH.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/ENPH.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/ENPH.US/norm.md)
---

# Enphase Energy (ENPH.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0564 | 0.2956 | 0.5029 | 0.2786 | 0.2227 |
| ROE | -2.71% | 14.87% | 28.42% | 17.53% | 14.47% |
| Revenue | 282.90M | 343.32M | 410.43M | 363.15M | 356.08M |
| Net income | -7.41M | 38.71M | 66.64M | 37.05M | 29.73M |
| Operating income | -25.82M | 21.80M | 67.45M | 40.33M | 35.08M |
| Gross margin | 35.49% | 27.85% | 31.34% | 30.15% | 47.25% |
| Net margin | -2.62% | 11.28% | 16.24% | 10.20% | 8.35% |
| Profit quality | -25.10% | 45.81% | 484.60% | 151.45% | 72.47% |

## Balance Sheet (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 2.72B | 3.51B | 3.32B | 3.18B | 3.11B |
| Leverage | 2.47 | 3.23 | 3.34 | 3.61 | 3.83 |
| BVPS | 8.36 | 8.29 | 7.60 | 6.74 | 6.18 |
| Turnover | 0.4802 | 0.4358 | 0.4594 | 0.4674 | 0.4490 |
| Cash & STI | 930.64M | 1.51B | 1.48B | 1.53B | 1.47B |
| Inv & Rec | 290.70M | 288.05M | 188.65M | 173.02M | 144.03M |
| LT assets | 173.67M | 153.88M | 155.34M | 162.68M | 170.17M |
| Net debt | -318.51M | -269.07M | -244.30M | -295.45M | -232.25M |

## Cash Flow Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 102.87M | 47.58M | 13.92M | 26.63M | 48.41M |
| Investing CF | 576.38M | 23.51M | 21.41M | -51.19M | 113.06M |
| Financing CF | -651.19M | 1.78M | -1.68M | -27.55M | -214.18M |
| Free CF | 79.57M | -14.63M | -40.98M | 65.43M | 26.45M |
| OCF coverage | 15.77% | 488.49% | 173.28% | 322.42% | 41.46% |
| Repaid & issued | - | - | - | - | - |
| CapEx | -19.90M | -9.74M | -8.03M | -8.26M | -14.61M |