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

Enphase Energy's EBT Margin history runs 16 years deep, the most recent figure standing at 4.91% for Q1 2026.

• In Q1 2026, EBT Margin fell 1808.0% year-over-year to 4.91%; the TTM figure through Mar 2026 stood at 10.29% (down 226.0% YoY), while the FY2025 annual figure was 13.9%, up 487.0% from the prior year.
• EBT Margin was 4.91% for Q1 2026 at Enphase Energy, down from 11.27% in the prior quarter.
• In the past five years, EBT Margin ranged from a high of 25.96% in Q2 2023 to a low of 4.91% in Q1 2026.
• Historically, EBT Margin has averaged 13.83% across 5 years, with a median of 13.31% in 2024.
• The sharpest annual moves came in 2024 and 2025: EBT Margin slumped 2902 bps in 2024, then surged 1754 bps in 2025.
• A 5-year view of EBT Margin shows it stood at 23.2% in 2022, then sank by 83 bps to 4.05% in 2023, then surged by 350 bps to 18.21% in 2024, then tumbled by 38 bps to 11.27% in 2025, then sank by 144 bps to 4.91% in 2026.
• The last three EBT Margin figures came in at 4.91% (Q1 2026), 11.27% (Q4 2025), and 18.77% (Q3 2025), per Business Quant data.