Enphase Energy, Inc. (ENPH) /

The profitability of Enphase Energy, Inc. over the past 10 years

Chart Enphase Energy, Inc.: gross profit, operating income, net income, fiscal 2016–2025 Open the chart →

Enphase Energy, Inc. reported net income of $172.13M in fiscal 2025, the latest fiscal year on file. That year it had gross profit of $687M and operating income of $157.53M. It reported a profit in 7 of the 10 years shown, and a loss in fiscal 2016, 2017 and 2018. Its highest net income in these years was $438.94M, in fiscal 2023.

Year by year

Fiscal yearGross profitOperating incomeNet income
2025ended Dec 31, 2025$687M$157.53M$172.13M
2024ended Dec 31, 2024$629.14M$77.29M$102.66M
2023ended Dec 31, 2023$1.06B$445.74M$438.94M
2022ended Dec 31, 2022$974.6M$448.26M$397.36M
2021ended Dec 31, 2021$554.42M$215.83M$145.45M
2020ended Dec 31, 2020$345.98M$186.44M$134M
2019ended Dec 31, 2019$221.25M$102.73M$161.15M
2018ended Dec 31, 2018$94.44M$1.6M-$11.63M
2017ended Dec 31, 2017$56.04M-$39.38M-$45.19M
2016ended Dec 31, 2016$58.01M-$62.7M-$67.46M

Fiscal years as Enphase Energy, Inc. reports them. * Calculated by us from the company's filed figures; — no figure on file. From SEC filings, updated nightly. How each line is read.

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Not investment advice. This page shows what Enphase Energy, Inc. filed with the SEC. Nothing here is a recommendation about any security. Check important figures against the company's own filings.