Enphase Energy (ENPH) EBIT Margin (2011 - 2026)

Enphase Energy's EBIT Margin history runs 16 years deep, the most recent figure standing at 10.48% for Q1 2026.

• In Q1 2026, EBIT Margin fell 1944.0% year-over-year to 10.48%; the TTM figure through Mar 2026 stood at 6.86% (down 286.0% YoY), while the FY2025 annual figure was 10.69%, up 488.0% from the prior year.
• EBIT Margin was 10.48% for Q1 2026 at Enphase Energy, down from 6.54% in the prior quarter.
• In the past five years, EBIT Margin ranged from a high of 23.95% in Q2 2023 to a low of 11.05% in Q1 2024.
• Historically, EBIT Margin has averaged 11.06% across 5 years, with a median of 14.01% in 2022.
• The sharpest annual moves came in 2024 and 2025: EBIT Margin slumped 3414 bps in 2024, then soared 2001 bps in 2025.
• A 5-year view of EBIT Margin shows it stood at 21.66% in 2022, then tumbled by 116 bps to 3.38% in 2023, then surged by 523 bps to 14.32% in 2024, then tumbled by 54 bps to 6.54% in 2025, then tumbled by 260 bps to 10.48% in 2026.
• The last three EBIT Margin figures came in at 10.48% (Q1 2026), 6.54% (Q4 2025), and 16.12% (Q3 2025), per Business Quant data.