Companies/US/ENPH

ENPHASE ENERGY, INC.

Income flow

Annual
ENPH 10-K Income StatementPeriod 2025-12-31Source 10-K
Reportable Segment$1BRevenue$1B+11% Y/YGross profit$687M+9% Y/YCost of revenue$786MOperating profit$158M+104% Y/YOperating expenses$529MNet profit$172M+68% Y/YTax$33MR&D & other$394MSG&A$136M

As-filed revenue segments and annual P&L (gross, opex, tax, net). Layout inspired by SankeyArt finance diagrams.

Revenue mix

2025-12-31 · 10-K · USD
By activity
By activity$1.5B
  • Reportable Segment$1.5B100.0%
By geography
By geography$1.5B
  • United States$1.2B80.7%
  • International$284M19.3%

Capital & dividends

YieldTrailing twelve-month dividends as a percent of the current share price (income yield).0.00%Trailing DPSCash dividends paid per share over the last twelve months (dividend per share, trailing).0PayoutShare of earnings paid out as dividends. Higher means more income returned; lower leaves more for reinvestment.0.0%Shares outTotal shares currently outstanding (issued and not retired).131.8MFloatShares available to trade — outstanding minus closely held (insiders, strategic holders).128.1M

Valuation

Trailing PE 24.8 (2025-12-31)PE trend

Fiscal PE2

PeriodEPSClosePE
2025-12-311.2932.0524.8
2024-12-310.7568.6891.6

PE = stored close ÷ as-filed diluted EPS (annual 10-K / 20-F). Not a vendor PE series.