Enphase Energy, Inc. (ENPH) Gross Margin: 44.23%
Is Enphase Energy, Inc.’s gross margin high or low?
Enphase Energy, Inc.'s gross margin of 44.23% is in line with its 5-year average of 44.46%, around the middle of its 5-year range (40.12%–47.29%).
As of Monday, June 15, 2026. 5.82% below its 12-month average of 46.97%.
ENPH Gross Margin Chart
ENPH Average Gross Margin Chart
ENPH Current vs Average Gross Margin Chart
ENPH Gross Margin Metrics
GROSS MARGIN
44.23%
GROSS MARGIN AVG TTM
46.97%
GROSS MARGIN AVG 3Y
45.48%
GROSS MARGIN AVG 5Y
44.46%
GROSS MARGIN AVG 10Y
36.35%
GROSS MARGIN AVG 15Y
32.33%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-5.82%
CURRENT VS 3Y AVG
-2.76%
CURRENT VS 5Y AVG
-0.51%
CURRENT VS 10Y AVG
+21.66%
CURRENT VS 15Y AVG
+36.82%
CURRENT VS 20Y AVG
N/A
ENPH Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $7.19B | 44.23% | 46.97% | 45.48% | 44.46% |
| Weatherford International plc (WFRD)vs › | $7.29B | 45.89% | 28.16% | 30.12% | 28.30% |
| California Resources Corporation (CRC)vs › | $5.20B | 37.83% | 40.13% | 45.19% | 42.41% |
| Antero Midstream Corporation (AM)vs › | $10.29B | 64.52% | 64.44% | 63.13% | 63.71% |
| Helmerich & Payne, Inc. (HP)vs › | $3.92B | 11.29% | 20.61% | 19.84% | 12.13% |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | 33.95% | 24.94% | 28.59% | 27.63% |
| enCore Energy Corp. (EU)vs › | $264.16M | 22.33% | 5.06% | 14.79% | 9.86% |
| Venture Global, Inc. (VG)vs › | $31.94B | 44.58% | 57.82% | 64.86% | 51.88% |
| EQT Corporation (EQT)vs › | $32.49B | 64.05% | 31.77% | 37.13% | 38.84% |
| Occidental Petroleum Corporation (OXY)vs › | $56.24B | 26.23% | 34.70% | 37.70% | 30.44% |
Gross Margin Analysis
Gross Margin
44.2%
(Revenue - COGS) / Revenue
Enphase Energy, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Enphase Energy, Inc. Gross Margin FAQ
- What is the gross margin for Enphase Energy, Inc. (ENPH)?
- The gross margin for ENPH stock is 44.23%.
- Is Enphase Energy, Inc.'s gross margin high or low?
- Enphase Energy, Inc.'s gross margin of 44.23% is in line with its 5-year average of 44.46%, around the middle of its 5-year range (40.12%–47.29%).
- What is the TTM average gross margin for Enphase Energy, Inc. (ENPH)?
- The TTM average gross margin for ENPH stock is 46.97%.
- What is the 3Y average gross margin for Enphase Energy, Inc. (ENPH)?
- The 3Y average gross margin for ENPH stock is 45.48%.
- What is the 5Y average gross margin for Enphase Energy, Inc. (ENPH)?
- The 5Y average gross margin for ENPH stock is 44.46%.
- What is the 10Y average gross margin for Enphase Energy, Inc. (ENPH)?
- The 10Y average gross margin for ENPH stock is 36.35%.
- What is the 15Y average gross margin for Enphase Energy, Inc. (ENPH)?
- The 15Y average gross margin for ENPH stock is 32.33%.
Enphase Energy, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 46.64% |
| 2024-12-31 | 47.29% |
| 2023-12-31 | 46.20% |
| 2022-12-31 | 41.81% |
| 2021-12-31 | 40.12% |
| 2020-12-31 | 44.68% |
| 2019-12-31 | 35.44% |
| 2018-12-31 | 29.87% |
| 2017-12-31 | 19.58% |
| 2016-12-31 | 17.98% |
| 2015-12-31 | 30.29% |
| 2014-12-31 | 32.87% |
| 2013-12-31 | 28.95% |
| 2012-12-31 | 25.52% |
| 2011-12-31 | 19.44% |
| 2010-12-31 | 10.54% |
| 2009-12-31 | -15.00% |
| 2008-12-31 | -348.14% |
Related Metrics
About Enphase Energy, Inc.
Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.
- Sector
- Energy
- Industry
- Solar
- CEO
- Badrinarayanan Kothandaraman