Enphase Energy, Inc. (ENPH) Operating Margin: 6.81%
Is Enphase Energy, Inc.’s operating margin high or low?
Enphase Energy, Inc.'s operating margin of 6.81% is 57% below its 5-year average of 15.90%, near the low end of its 5-year range (5.81%–24.07%).
As of Monday, June 15, 2026. 19.84% below its 12-month average of 8.49%.
ENPH Operating Margin Chart
ENPH Average Operating Margin Chart
ENPH Current vs Average Operating Margin Chart
ENPH Operating Margin Metrics
OPERATING MARGIN
6.81%
OPERATING MARGIN AVG TTM
8.49%
OPERATING MARGIN AVG 3Y
13.92%
OPERATING MARGIN AVG 5Y
15.90%
OPERATING MARGIN AVG 10Y
6.70%
OPERATING MARGIN AVG 15Y
-0.27%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-19.84%
CURRENT VS 3Y AVG
-51.08%
CURRENT VS 5Y AVG
-57.16%
CURRENT VS 10Y AVG
+1.61%
CURRENT VS 15Y AVG
+2651.76%
CURRENT VS 20Y AVG
N/A
ENPH Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $7.19B | 6.81% | 8.49% | 13.92% | 15.90% |
| Weatherford International plc (WFRD)vs › | $7.29B | 15.11% | 16.19% | 14.46% | 3.45% |
| California Resources Corporation (CRC)vs › | $5.20B | 20.70% | 22.83% | 29.75% | 25.77% |
| Antero Midstream Corporation (AM)vs › | $10.29B | 57.56% | 53.61% | 54.17% | 43.65% |
| Helmerich & Payne, Inc. (HP)vs › | $3.92B | -1.85% | 11.29% | 11.09% | -4.30% |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | -49.82% | -4.38% | 0.71% | 1.87% |
| enCore Energy Corp. (EU)vs › | $264.16M | -172.67% | -138.06% | -267.60% | -178.40% |
| Venture Global, Inc. (VG)vs › | $31.94B | 34.05% | 36.01% | 47.14% | 37.71% |
| EQT Corporation (EQT)vs › | $32.49B | 46.73% | 23.91% | 28.96% | 10.49% |
| Occidental Petroleum Corporation (OXY)vs › | $56.24B | 12.39% | 19.63% | 24.70% | 17.59% |
Operating Efficiency
Gross Margin
44.2%
Operating Margin
6.8%
Enphase Energy, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Enphase Energy, Inc. Operating Margin FAQ
- What is the operating margin for Enphase Energy, Inc. (ENPH)?
- The operating margin for ENPH stock is 6.81%.
- Is Enphase Energy, Inc.'s operating margin high or low?
- Enphase Energy, Inc.'s operating margin of 6.81% is 57% below its 5-year average of 15.90%, near the low end of its 5-year range (5.81%–24.07%).
- What is the TTM average operating margin for Enphase Energy, Inc. (ENPH)?
- The TTM average operating margin for ENPH stock is 8.49%.
- What is the 3Y average operating margin for Enphase Energy, Inc. (ENPH)?
- The 3Y average operating margin for ENPH stock is 13.92%.
- What is the 5Y average operating margin for Enphase Energy, Inc. (ENPH)?
- The 5Y average operating margin for ENPH stock is 15.90%.
- What is the 10Y average operating margin for Enphase Energy, Inc. (ENPH)?
- The 10Y average operating margin for ENPH stock is 6.70%.
- What is the 15Y average operating margin for Enphase Energy, Inc. (ENPH)?
- The 15Y average operating margin for ENPH stock is -0.27%.
Enphase Energy, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 11.18% |
| 2024-12-31 | 5.81% |
| 2023-12-31 | 19.46% |
| 2022-12-31 | 19.23% |
| 2021-12-31 | 15.62% |
| 2020-12-31 | 24.07% |
| 2019-12-31 | 16.45% |
| 2018-12-31 | 0.50% |
| 2017-12-31 | -13.76% |
| 2016-12-31 | -19.44% |
| 2015-12-31 | -5.40% |
| 2014-12-31 | -1.29% |
| 2013-12-31 | -9.52% |
| 2012-12-31 | -14.38% |
| 2011-12-31 | -19.20% |
| 2010-12-31 | -33.60% |
| 2009-12-31 | -82.67% |
| 2008-12-31 | -881.12% |
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