Enphase Energy (ENPH) Net Income (2011 - 2026)
Enphase Energy's Net Income was $23.39 million in Q3 2026, down 64.9% from $66.64 million a year earlier and down 35.2% from the prior quarter.
Powered by 
Analysis
Enphase Energy (ENPH) Net Income (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Enphase Energy's Net Income was $90.77 million through Sep 30, 2026, down 53.6% year-over-year; for FY2025, it was $172.13 million, up 67.7% from FY2024.
- Net Income shows a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- In earlier years, Net Income was $102.66 million in FY2024 (-76.6%), $438.94 million in FY2023 (+10.5%), $397.36 million in FY2022 (+173.2%) and $145.45 million in FY2021 (+8.5%).
- Quarterly Net Income has moved between -$16.1 million (Q1 2024) and $157.19 million (Q2 2023) over five years.
- Compared with a year earlier, Net Income was higher in three of the last six quarters, with growth averaging 63.3%.
- The best year-over-year quarter for Net Income over five years was Q3 2022 (growth of 426.4%); the worst was Q2 2024 (a decline of 93.1%).
- Per Business Quant data, ENPH's Net Income in the three quarters before Q3 2026 was $36.08 million (Q2 2026), -$7.41 million (Q1 2026) and $38.71 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 1.29 Bn |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 248.98 Mn |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 571.06 Mn |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | 165.45 Mn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 101.98 Mn |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | 108.95 Mn |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 111.00 Mn |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | 116.45 Mn |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 7.80 Mn |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | 23.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.39 Mn |
| Jun 30, 2026 | 36.08 Mn |
| Mar 31, 2026 | -7.41 Mn |
| Dec 31, 2025 | 38.71 Mn |
| Sep 30, 2025 | 66.64 Mn |
| Jun 30, 2025 | 37.05 Mn |
| Mar 31, 2025 | 29.73 Mn |
| Dec 31, 2024 | 62.16 Mn |
| Sep 30, 2024 | 45.76 Mn |
| Jun 30, 2024 | 10.83 Mn |
| Mar 31, 2024 | -16.10 Mn |
| Dec 31, 2023 | 20.92 Mn |
| Sep 30, 2023 | 113.95 Mn |
| Jun 30, 2023 | 157.19 Mn |
| Mar 31, 2023 | 146.87 Mn |
| Dec 31, 2022 | 153.75 Mn |
| Sep 30, 2022 | 114.81 Mn |
| Jun 30, 2022 | 76.98 Mn |
| Mar 31, 2022 | 51.82 Mn |
| Dec 31, 2021 | 52.59 Mn |
API Access
Enphase Energy Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();