Enphase Energy (ENPH) Net Income (2011 - 2026)
Enphase Energy (ENPH) posted Net Income of $36.1 million for Q2 2026, up 587.57% on a QoQ basis from -$7.4 million in Q1 2026, and down 2.5% year-over-year from $37.0 million in Q2 2025.
Analysis
Enphase Energy (ENPH) Net Income (2011 - 2026) Analysis & Trends
Enphase Energy has reported Net Income for 16 years, with the latest figure at $36.1 million in Q2 2026.
- On a quarterly basis, Net Income fell 2.5% year-over-year to $36.1 million in Q2 2026; TTM through Jun 2026 was $134.0 million, a 23.25% decrease from a year earlier, with the FY2025 full-year figure at $172.1 million, up 67.68% from the prior year.
- Net Income was $36.1 million for Q2 2026 at Enphase Energy, up from -$7.4 million in the prior quarter.
- The five-year high for Net Income was $157.2 million in Q2 2023, with the low at -$16.1 million in Q1 2024.
- Average Net Income over 5 years is $63.3 million, with a median of $48.8 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2026: Net Income surged 426.7% in 2022, then slumped 124.92% in 2026.
- Over 5 years, Net Income stood at $153.8 million in 2022, then sank by 86.39% to $20.9 million in 2023, then soared by 197.07% to $62.2 million in 2024, then tumbled by 37.71% to $38.7 million in 2025, then decreased by 6.81% to $36.1 million in 2026.
- The last three Net Income figures came in at $36.1 million (Q2 2026), -$7.4 million (Q1 2026), and $38.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 422.57 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 165.36 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 36.08 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -30.75 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -43.54 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 12.14 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -85.77 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 24.32 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -214.75 Mn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 25.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.08 Mn |
| Mar 31, 2026 | -7.40 Mn |
| Dec 31, 2025 | 38.72 Mn |
| Sep 30, 2025 | 66.62 Mn |
| Jun 30, 2025 | 37.01 Mn |
| Mar 31, 2025 | 29.70 Mn |
| Dec 31, 2024 | 62.16 Mn |
| Sep 30, 2024 | 45.74 Mn |
| Jun 30, 2024 | 10.82 Mn |
| Mar 31, 2024 | -16.10 Mn |
| Dec 31, 2023 | 20.92 Mn |
| Sep 30, 2023 | 113.95 Mn |
| Jun 30, 2023 | 157.20 Mn |
| Mar 31, 2023 | 146.90 Mn |
| Dec 31, 2022 | 153.76 Mn |
| Sep 30, 2022 | 114.86 Mn |
| Jun 30, 2022 | 76.98 Mn |
| Mar 31, 2022 | 51.81 Mn |
| Dec 31, 2021 | 52.55 Mn |
| Sep 30, 2021 | 21.81 Mn |