Growth Metrics

Enphase Energy (ENPH) Net Margin (2016 - 2025)

Enphase Energy has reported Net Margin over the past 15 years, most recently at 11.28% for Q4 2025.

  • Quarterly results put Net Margin at 11.28% for Q4 2025, down 495.0% from a year ago — trailing twelve months through Dec 2025 was 11.68% (up 397.0% YoY), and the annual figure for FY2025 was 11.69%, up 397.0%.
  • Net Margin for Q4 2025 was 11.28% at Enphase Energy, down from 16.23% in the prior quarter.
  • Over the last five years, Net Margin for ENPH hit a ceiling of 22.11% in Q2 2023 and a floor of 6.11% in Q1 2024.
  • Median Net Margin over the past 5 years was 12.22% (2021), compared with a mean of 12.46%.
  • Biggest five-year swings in Net Margin: surged 5011bps in 2021 and later plummeted -2634bps in 2024.
  • Enphase Energy's Net Margin stood at 12.74% in 2021, then skyrocketed by 67bps to 21.22% in 2022, then tumbled by -67bps to 6.91% in 2023, then surged by 135bps to 16.23% in 2024, then crashed by -30bps to 11.28% in 2025.
  • The last three reported values for Net Margin were 11.28% (Q4 2025), 16.23% (Q3 2025), and 10.19% (Q2 2025) per Business Quant data.