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

Enphase Energy has reported Gross Margin for 16 years, with the latest figure at 59.97% in Q2 2026.

• On a quarterly basis, Gross Margin rose 1302.0% year-over-year to 59.97% in Q2 2026; TTM through Jun 2026 was 46.95%, a 129.0% decrease from a year earlier, with the FY2025 full-year figure at 46.64%, down 65.0% from the prior year.
• Gross Margin was 59.97% for Q2 2026 at Enphase Energy, up from 35.49% in the prior quarter.
• The five-year high for Gross Margin was 59.97% in Q2 2026, with the low at 35.49% in Q1 2026.
• Average Gross Margin over 5 years is 45.69%, with a median of 45.34% recorded in 2023.
• The largest YoY upside for Gross Margin was 1302 bps in 2026 against a maximum downside of 1176 bps in 2026.
• Over 5 years, Gross Margin stood at 42.88% in 2022, then rose by 13 bps to 48.47% in 2023, then gained by 7 bps to 51.81% in 2024, then retreated by 15 bps to 44.28% in 2025, then surged by 35 bps to 59.97% in 2026.
• The last three Gross Margin figures came in at 59.97% (Q2 2026), 35.49% (Q1 2026), and 44.28% (Q4 2025), per Business Quant data.