Enphase Financial Statements From 2010 to 2025

ENPH Stock  USD 61.38  2.42  3.79%   
Enphase Energy financial statements provide useful quarterly and yearly information to potential Enphase Energy investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Enphase Energy financial statements helps investors assess Enphase Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Enphase Energy's valuation are summarized below:
Gross Profit
629.1 M
Profit Margin
0.0772
Market Capitalization
8.5 B
Enterprise Value Revenue
6.1165
Revenue
1.3 B
We have found one hundred twenty available fundamental signals for Enphase Energy, which can be analyzed and compared to other ratios and to its rivals. Traders should compare all of Enphase Energy prevailing fundamentals against the fundamentals between 2010 and 2025 to make sure the company is sustainable this year.

Enphase Energy Total Revenue

758.99 Million

Check Enphase Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enphase Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 85.5 M, Interest Expense of 9.5 M or Selling General Administrative of 137.4 M, as well as many indicators such as Price To Sales Ratio of 6.63, Dividend Yield of 0.0 or PTB Ratio of 14.89. Enphase financial statements analysis is a perfect complement when working with Enphase Energy Valuation or Volatility modules.
  
Check out the analysis of Enphase Energy Correlation against competitors.
For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.

Enphase Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding83.1 M140 M85.3 M
Slightly volatile
Total Assets3.4 B3.2 B1.2 B
Slightly volatile
Short and Long Term Debt Total96.2 M101.3 M282.7 M
Slightly volatile
Other Current Liabilities237.9 M226.5 M96.9 M
Slightly volatile
Total Current Liabilities693.1 M660.1 M267.1 M
Slightly volatile
Property Plant And Equipment Net180.7 M172.1 M67.8 M
Slightly volatile
Current Deferred Revenue249.1 M237.2 M61 M
Slightly volatile
Accounts Payable53.3 M90 M51.4 M
Slightly volatile
Cash387.6 M369.1 M183.5 M
Slightly volatile
Non Current Assets Total968.7 M922.6 M319.5 M
Slightly volatile
Non Currrent Assets Other190 M180.9 M45.5 M
Slightly volatile
Cash And Short Term Investments1.7 B1.6 B559.3 M
Slightly volatile
Net Receivables148.5 M223.7 M143.8 M
Slightly volatile
Liabilities And Stockholders Equity3.4 B3.2 B1.2 B
Slightly volatile
Non Current Liabilities Total1.8 B1.8 B579.2 M
Slightly volatile
Inventory173.3 M165 M64.7 M
Slightly volatile
Other Current Assets331.5 M315.7 M62.1 M
Slightly volatile
Other Stockholder Equity1.1 B1.1 B477.5 M
Slightly volatile
Total Liabilities2.5 B2.4 B846.3 M
Slightly volatile
Property Plant And Equipment Gross373.2 M355.4 M99.9 M
Slightly volatile
Total Current Assets2.4 B2.3 B835.3 M
Slightly volatile
Short Term Debt52.4 M101.3 M48.9 M
Slightly volatile
Other Liabilities485.3 M462.2 M168.1 M
Slightly volatile
Other Assets383.2 M365 M122.6 M
Slightly volatile
Property Plant Equipment134.5 M128.1 M54.4 M
Slightly volatile
Long Term Debt Total124 M118.1 M61.1 M
Slightly volatile
Capital Surpluse989.1 M942 M467.8 M
Slightly volatile
Non Current Liabilities Other29.3 M55.3 M25.6 M
Slightly volatile
Short and Long Term Debt83.5 M116.5 M60.5 M
Slightly volatile
Net Invested Capital1.1 B2.1 B593 M
Slightly volatile
Net Working Capital968 M1.7 B517.4 M
Slightly volatile
Capital Stock800900981
Slightly volatile
Capital Lease Obligations5.1 M5.8 M3.9 M
Slightly volatile

Enphase Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization85.5 M81.4 M26.4 M
Slightly volatile
Interest Expense9.5 M8.9 M9.2 M
Slightly volatile
Selling General Administrative137.4 M130.8 M59.2 M
Slightly volatile
Selling And Marketing Expenses216.9 M206.6 M83.9 M
Slightly volatile
Total Revenue759 M1.3 B733.6 M
Slightly volatile
Other Operating Expenses672.2 M1.3 B647.9 M
Slightly volatile
Research Development211.4 M201.3 M82.9 M
Slightly volatile
Cost Of Revenue458.6 M701.2 M442.2 M
Slightly volatile
Total Operating Expenses579.4 M551.8 M228.7 M
Slightly volatile
Non Recurring2.6 M2.7 MM
Pretty Stable
Interest Income81.2 M77.3 M16.2 M
Slightly volatile
Reconciled Depreciation85.5 M81.4 M27.6 M
Slightly volatile

Enphase Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation221.9 M211.4 M69 M
Slightly volatile
Begin Period Cash Flow155.9 M288.7 M151 M
Slightly volatile
Depreciation85.5 M81.4 M26.8 M
Slightly volatile
Capital Expenditures25.1 M33.6 M24.2 M
Slightly volatile
End Period Cash Flow487.3 M464.1 M198.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.636.977916.8089
Slightly volatile
Days Sales Outstanding55.161.387169.3499
Very volatile
Stock Based Compensation To Revenue0.170.15890.0572
Slightly volatile
Capex To Depreciation0.390.41291.6852
Slightly volatile
EV To Sales4.456.77665.8678
Slightly volatile
Inventory Turnover4.044.24999.3207
Slightly volatile
Days Of Inventory On Hand90.1885.88545.1166
Slightly volatile
Payables Turnover10.327.78889.493
Pretty Stable
Sales General And Administrative To Revenue0.09660.09830.0874
Slightly volatile
Research And Ddevelopement To Revenue0.140.15130.3136
Slightly volatile
Capex To Revenue0.0240.02530.1201
Slightly volatile
Cash Per Share6.9912.00434.5785
Slightly volatile
Days Payables Outstanding35.8946.861944.4021
Very volatile
Intangibles To Total Assets0.05390.07820.0606
Slightly volatile
Current Ratio2.063.52542.4592
Slightly volatile
Receivables Turnover6.365.94595.6945
Slightly volatile
Graham Number10.6910.262310.4671
Slightly volatile
Capex Per Share0.240.24860.268
Pretty Stable
Revenue Per Share11.899.84257.6992
Slightly volatile
Interest Debt Per Share0.770.81532.3558
Slightly volatile
Debt To Assets0.02960.03120.1963
Slightly volatile
Operating Cycle88.18147111
Slightly volatile
Days Of Payables Outstanding35.8946.861944.4021
Very volatile
Long Term Debt To Capitalization0.370.510.5401
Pretty Stable
Total Debt To Capitalization0.10.10840.4475
Pretty Stable
Quick Ratio1.823.27542.1589
Slightly volatile
Net Income Per E B T1.190.85441.0816
Very volatile
Cash Ratio1.030.55920.8159
Slightly volatile
Cash Conversion Cycle52.310066.4962
Slightly volatile
Days Of Inventory Outstanding90.1885.88545.1166
Slightly volatile
Days Of Sales Outstanding55.161.387169.3499
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.890.93463.9476
Slightly volatile
Fixed Asset Turnover9.017.728911.1936
Slightly volatile
Debt Ratio0.02960.03120.1963
Slightly volatile
Price Sales Ratio6.636.977916.8089
Slightly volatile
Asset Turnover0.390.40941.2243
Slightly volatile

Enphase Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap276 M412.5 M422.8 M
Pretty Stable
Enterprise Value285.4 M415.7 M421.6 M
Pretty Stable

Enphase Fundamental Market Drivers

Forward Price Earnings18.9394
Cash And Short Term Investments1.6 B

Enphase Upcoming Events

6th of February 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Enphase Energy Financial Statements

Investors use fundamental indicators, such as Enphase Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Enphase Energy's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred Revenue237.2 M249.1 M
Total Revenue1.3 B759 M
Cost Of Revenue701.2 M458.6 M
Stock Based Compensation To Revenue 0.16  0.17 
Sales General And Administrative To Revenue 0.10  0.10 
Research And Ddevelopement To Revenue 0.15  0.14 
Capex To Revenue 0.03  0.02 
Revenue Per Share 9.84  11.89 
Ebit Per Revenue 0.06  0.06 

Currently Active Assets on Macroaxis

When determining whether Enphase Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enphase Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enphase Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enphase Energy Stock:
Check out the analysis of Enphase Energy Correlation against competitors.
For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enphase Energy. If investors know Enphase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enphase Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.48
Earnings Share
0.75
Revenue Per Share
9.843
Quarterly Revenue Growth
0.265
Return On Assets
0.0171
The market value of Enphase Energy is measured differently than its book value, which is the value of Enphase that is recorded on the company's balance sheet. Investors also form their own opinion of Enphase Energy's value that differs from its market value or its book value, called intrinsic value, which is Enphase Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enphase Energy's market value can be influenced by many factors that don't directly affect Enphase Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enphase Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enphase Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enphase Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.