KPIs & Operating Metrics(New)
Breakdown Of AssetsCost Of RevenueCreation Cost Per MwDeferred RevenueEmployee CountFree Cash Flow ProfitabilityGross ProfitIncome Before Income TaxInventoryIq Battery ShipmentsLong Lived Assets By GeographyMicroinverters ShippedNon Gaap Gross ProfitabilityNon Gaap Gross Profitability %Non Gaap Gross Profitability (Annual)Non Gaap Gross Profitability (Annual) %Non Gaap Net ProfitabilityNon Gaap Net Profitability %Non Gaap Net Profitability (Annual)Non Gaap Net Profitability (Annual) %Non Gaap Operating ProfitabilityNon Gaap Operating Profitability %Non Gaap Operating Profitability (Annual)Non Gaap Operating Profitability (Annual) %Operating IncomeOperating Income Per MwOperating Margin %OpexOpex As A % Of RevenueOrder BacklogProperty And Equipment, Net BreakdownPurchase ObligationsRemaining Performance ObligationsRemaining Performance Obligations AnnualRevenue By RegionRevenue By Region (Annual)Revenue By Region (Annual) %Revenue By Region (Quaterly) %Revenue By TimingRevenue By Timing %Revenue By Timing Of RecognitionRevenue By Timing Of Recognition %Revenue Per EmployeeRevenue Per MwSolar Power Shipped (Mw)Total Revenue
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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
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Ratios

Enphase Energy (ENPH) Cost Of Revenue (2016 - 2024)

Enphase Energy (ENPH) has 15 years of Cost of Revenue data on record, last reported at $637.9 million in Q4 2025.

  • For Q4 2025, Cost of Revenue rose 16.73% year-over-year to $637.9 million; the TTM value through Dec 2025 reached $786.0 million, down 3.65%, while the annual FY2025 figure was $786.0 million, 12.08% up from the prior year.
  • Cost of Revenue reached $637.9 million in Q4 2025 per ENPH's latest filing, up from -$232.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $847.4 million in Q3 2022 and bottomed at -$844.7 million in Q4 2023.
  • Average Cost of Revenue over 5 years is $150.9 million, with a median of $115.5 million recorded in 2023.
  • Peak YoY movement for Cost of Revenue: surged 2056.39% in 2022, then crashed 567.91% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $249.4 million in 2021, then skyrocketed by 65.98% to $414.0 million in 2022, then plummeted by 304.06% to -$844.7 million in 2023, then soared by 164.7% to $546.5 million in 2024, then increased by 16.73% to $637.9 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $637.9 million in Q4 2025, -$232.4 million in Q3 2025, and $192.7 million in Q2 2025.