Data temporarily unavailable
Unable to load analysis for « - » for now. Try again in a few moments.
Investlytic score: 2/5 criteria met.
- ✅ Price trend passed
- ⚠️ Mixed growth
- ❌ Debt failed
- ✅ P/E passed
- ❌ Correction failed
Price trend
Overall trend (8 years): the price has been multiplied by at least 1.5.
Price change 2018 → 2019: 452.43%
Price change 2019 → 2020: 571.53%
Price change 2020 → 2021: 4.26%
Price change 2021 → 2022: 44.83%
Price change 2022 → 2023: -50.13%
Price change 2023 → 2024: -48.02%
Price change 2024 → 2025: -53.33%
Price change 2025 → 2026: 10.70%
Price change 2026 (year to date): 5.13%
Financial growth
Revenue CAGR (8 years): 24.59%
Earnings CAGR (8 years): N/A
Growth status: positive trend (>1%/yr) in revenue, earnings data insufficient/N/A.
Debt
Debt-to-equity ratio: 1.14
Debt/equity > 0.5 (maximum threshold).
P/E (Price/Earnings)
P/E ratio: 12.08
P/E < 25.0 (maximum threshold).
Correction (6 months)
Current correction: 50.95% from the high over 6 months.
Excessive correction (> 20.0%).
Criteria of the Investlytic model
- / 5Free with the Investlytic logo. Paste this line into your page: options.
<script src="https://investlytic.co/encart.js" data-symbole="ENPH" data-lang="en"></script>Price trend
Price & trend
Interactive chart →💰 Dividend
Dividend ranking →⚖️ Comparison with the market
All stocks →| Stock | P/E | Dette/FP | Revenue growth | Rating |
|---|---|---|---|---|
| Enphase Energy, Inc. | 11.4 | 1.14 | +23.6 % | 🔒 |
| Rubis | 11.1 | 0.79 | +10.6 % | – |
| Occidental Petroleum Corporation | 14.6 | 0.67 | +0.9 % | – |
Data from the Investlytic screener. The rating of the stock being viewed is reserved for members.
Detailed analysis · Price trend
-
Revenues & profits
Revenue and net income
Financial indicators
Annual financial statements
| Fiscal year | Revenue | Net income | Net margin | EPS | Revenue growth |
|---|
Key reported figures
Revenue, net income and net margin reported by Enphase Energy, Inc. over the latest fiscal years.
| Fiscal year | Revenue | Net income | Net margin | Revenue growth |
|---|---|---|---|---|
| 2020 | 774 m | 134 m | 17.3 % | n/a |
| 2021 | 1.4 bn | 145 m | 10.5 % | +78.5 % |
| 2022 | 2.3 bn | 397 m | 17.1 % | +68.7 % |
| 2023 | 2.3 bn | 439 m | 19.2 % | -1.7 % |
| 2024 | 1.3 bn | 103 m | 7.7 % | -41.9 % |
| 2025 | 1.5 bn | 172 m | 11.7 % | +10.7 % |
Amounts converted to USD. Source: published annual accounts, collected on 30/10/2026.
Accounts and financial health
Balance sheet and cash flow published by Enphase Energy, Inc. over the last fiscal years, strength scores and valuation by discounted cash flow (DCF).
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash and investments | 1.0 bn | 1.6 bn | 1.7 bn | 1.6 bn | 1.5 bn |
| Total Debt | 1.1 bn | 1.3 bn | 1.3 bn | 1.3 bn | 1.2 bn |
| Net Debt | 934 m | 842 m | 1.0 bn | 962 m | 769 m |
| Equity | 430 m | 826 m | 984 m | 833 m | 1.1 bn |
| Total assets | 2.1 bn | 3.1 bn | 3.4 bn | 3.2 bn | 3.5 bn |
| Operating cash flow | 352 m | 745 m | 697 m | 514 m | 137 m |
| Investments (capex) | 52.3 m | 46.4 m | 110 m | 33.6 m | 40.6 m |
| Free cash-flow | 300 m | 698 m | 586 m | 480 m | 95.9 m |
| Share buybacks | 500 m | 0 | 410 m | 391 m | 130 m |
| Dividends paid | 0 | 0 | 0 | 0 | 0 |
Amounts in USD, currency of the published accounts.
Trailing 12-month ratios
Altman Z: default risk estimated from the balance sheet and earnings. Piotroski: 9 tests on profitability, debt and efficiency. DCF: estimated value from discounted future cash flows, a model and not a forecast. Source: annual accounts published by the company, data as of 02/11/2026.
Valuation and competitors
Enphase Energy, Inc. compared with its sector on the same exchange and with its main competitors.
Trailing 12-month P/E. Sector: median of companies in the same sector listed on the same exchange, collected on 02/11/2026. Competitors: comparable companies named by the data provider.
Dividends and earnings
Enphase Energy, Inc.: dividend history, last distributions, stock splits and earnings releases.
No known dividend for this company.
Earnings releases
| Date | Published EPS | Expected EPS | Surprise |
|---|---|---|---|
| 27/10/2026 | 0.41 | 0.51 | -19.6 % |
| 28/07/2026 | 0.46 | 0.47 | -2.4 % |
| 28/04/2026 | 0.47 | 0.47 | -0.2 % |
| 03/02/2026 | 0.71 | 0.54 | +31.5 % |
| 28/10/2025 | 0.90 | 0.62 | +45.2 % |
| 22/07/2025 | 0.69 | 0.62 | +11.3 % |
Factual data: ex-dividend history and earnings calendar, as of 01/11/2026. A past dividend does not guarantee the next one.
Who owns the stock
Free float, institutional investors, large funds, executives and elected officials: declared positions in Enphase Energy, Inc.
Large funds tracked
| Fund | Shares | Value (USD) | Weight in the fund | Change | Quarter |
|---|---|---|---|---|---|
| BlackRock | 23.5 m | 1.2 bn | 0.0 % | +5.6 % | 2026Q2 |
| Vanguard Group | 16.3 m | 523 m | 0.0 % | +1.5 % | 2025Q4 |
| State Street | 9.5 m | 467 m | 0.0 % | +106.5 % | 2026Q2 |
| Citadel Advisors | 8.6 m | 423 m | 0.0 % | +98.2 % | 2026Q2 |
| Two Sigma Investments | 4.8 m | 238 m | 0.2 % | -14.5 % | 2026Q2 |
| Invesco | 3.7 m | 180 m | 0.0 % | -0.6 % | 2026Q2 |
| Morgan Stanley | 2.4 m | 119 m | 0.0 % | -17.8 % | 2026Q2 |
| Geode Capital Management | 2.4 m | 118 m | 0.0 % | -7.8 % | 2026Q2 |
Latest insider transactions
| Date | Person | Side | Amount |
|---|---|---|---|
| 14/08/2026 | Mora Richard | sale | 60,547 USD |
| 30/07/2026 | Mora Richard | sale | 73,520 USD |
Sources: 13F filings (quarter shown), executives' Form 4 filings and US Congress members' disclosures, collected on 02/11/2026. Detailed disclosure obligations mainly apply to companies listed in the United States.
PEA and practical information
Rule applied: the French PEA accepts shares of companies headquartered in the European Union or the European Economic Area and subject to corporate income tax; ADRs and tax-exempt property companies (SIIC) are excluded. The institution holding the PEA confirms eligibility.
Frequently asked questions about Enphase Energy, Inc.
What is the Enphase Energy, Inc. share price?
Latest recorded price: 25.65 USD on 30/10/2026, for a market cap of 3.4 bn USD.
What is the revenue of Enphase Energy, Inc.?
1.5 bn USD for fiscal year 2025, with net income of 172 m USD (net margin 11.7 %).
What is the P/E ratio of Enphase Energy, Inc.?
Trailing 12-month P/E of 9.3, against 14.8 for the sector median on the same exchange (10-year median: 23.9).
Is Enphase Energy, Inc. stock eligible for the French PEA?
No: the company is headquartered outside the European Union and the European Economic Area (ISIN US29355A1079).
How many employees does Enphase Energy, Inc. have?
2,781 full-time employees according to the latest published profile.
Who runs Enphase Energy, Inc.?
Badrinarayanan Kothandaraman is the company's chief executive.
Which large funds own Enphase Energy, Inc.?
As of 2026Q2, among the large funds tracked: BlackRock, Vanguard Group, State Street, Citadel Advisors, Two Sigma Investments.