The table below shows Enphase Energy, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$282.90M
$410.43M
$363.15M
$356.08M
$380.87M
$303.46M
Cost of revenue
$182.51M
$214.19M
$192.66M
$187.84M
$202.70M
$166.29M
Gross profit
$100.39M
$196.24M
$170.49M
$168.24M
$178.17M
$137.17M
R&D
$44.87M
$47.27M
$45.42M
$50.17M
$47.84M
$48.87M
ENPH annual revenue (10-K history)
Enphase Energy, Inc. reported annual revenue of $1.47B for fiscal year 2025. That is up 10.7% from $1.33B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $322.59M (FY 2016) to $1.47B. Figures come from the company's audited annual reports as filed with the SEC.