Enphase Energy, Inc. (ENPH) Net Income
The trailing-twelve-month (TTM) net income for Enphase Energy, Inc. (ENPH) is $135.00 Million with a year-over-year change of (9.08%). Net income represents the company's bottom line profit after all expenses, taxes, and interest.
ENPH Annual Net Income
Net Income (TTM)
$135.00M
$135.00 Million
Year-over-Year Change
(9.08%)
vs. $148.48M a year ago (TTM)
Net Income CAGR
+6.89%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(9.08%)
3 Year
(35.03%)
5 Year
+6.89%
10 Year
N/A
15 Year
N/A
20 Year
N/A
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $172.13M | +$69.47M | +67.68% |
| 2024 | $102.66M | ($336.28M) | (76.61%) |
| 2023 | $438.94M | +$41.57M | +10.46% |
| 2022 | $397.36M | +$251.91M | +173.20% |
| 2021 | $145.45M | +$11.45M | +8.55% |
| 2020 | $134.00M | ($27.15M) | (16.85%) |
| 2019 | $161.15M | +$172.78M | — |
| 2018 | ($11.63M) | +$33.56M | — |
| 2017 | ($45.19M) | +$22.27M | — |
| 2016 | ($67.46M) | ($45.38M) | — |
Net Income Growth Summary
TTM Growth
(9.08%)
3-Year Avg Growth
(35.03%)
5-Year Avg Growth
+6.89%
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