Enphase Energy (ENPH) Net Income (2011 - 2026)
Enphase Energy (ENPH) recorded quarterly Net Income of -$7.4 million in Q1 2026, down 119.23% quarter-over-quarter from $38.7 million in Q4 2025, and down 125.07% on a YoY basis from $29.7 million in Q1 2025.
Enphase Energy (ENPH) Net Income (2011 - 2026) Analysis & Trends
Enphase Energy's Net Income history runs 16 years deep, the most recent figure standing at -$7.4 million for Q1 2026.
- In Q1 2026, Net Income fell 125.07% year-over-year to -$7.4 million; the TTM figure through Mar 2026 stood at $134.9 million (down 9.07% YoY), while the FY2025 annual figure was $172.1 million, up 67.68% from the prior year.
- Net Income was -$7.4 million for Q1 2026 at Enphase Energy, down from $38.7 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $157.2 million in Q2 2023 to a low of -$16.1 million in Q1 2024.
- Historically, Net Income has averaged $64.9 million across 5 years, with a median of $51.8 million in 2022.
- The sharpest annual moves came in 2022 and 2026: Net Income jumped 426.65% in 2022, then tumbled 125.07% in 2026.
- A 5-year view of Net Income shows it stood at $153.8 million in 2022, then plunged by 86.38% to $20.9 million in 2023, then jumped by 196.9% to $62.2 million in 2024, then sank by 37.72% to $38.7 million in 2025, then tumbled by 119.23% to -$7.4 million in 2026.
- The last three Net Income figures came in at -$7.4 million (Q1 2026), $38.7 million (Q4 2025), and $66.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 346.62 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 150.60 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -7.45 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -57.37 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -297.33 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -297,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 2.03 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -228.75 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -1.75 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.45 Mn |
| Dec 31, 2025 | 38.72 Mn |
| Sep 30, 2025 | 66.62 Mn |
| Jun 30, 2025 | 37.05 Mn |
| Mar 31, 2025 | 29.70 Mn |
| Dec 31, 2024 | 62.16 Mn |
| Sep 30, 2024 | 45.70 Mn |
| Jun 30, 2024 | 10.83 Mn |
| Mar 31, 2024 | -16.10 Mn |
| Dec 31, 2023 | 20.94 Mn |
| Sep 30, 2023 | 113.91 Mn |
| Jun 30, 2023 | 157.19 Mn |
| Mar 31, 2023 | 146.87 Mn |
| Dec 31, 2022 | 153.76 Mn |
| Sep 30, 2022 | 114.86 Mn |
| Jun 30, 2022 | 77.01 Mn |
| Mar 31, 2022 | 51.81 Mn |
| Dec 31, 2021 | 52.58 Mn |
| Sep 30, 2021 | 21.81 Mn |
| Jun 30, 2021 | 39.31 Mn |