Companies: 10,795·Total market cap: $144.5T
Enphase Energy, Inc.

Enphase Energy, Inc.

ENPHNASDAQEnergy● Active
$57.92
+$1.85(+3.30%)
Market Cap$7.6B
P/E Ratio—
52W High$73.74
52W Low$25.78
Net IncomeFinancialsRevenue

Enphase Energy, Inc. (ENPH) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

ENPH · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $172.1M for FY2025 (fiscal year ending 2025-12-31), up 67.7% year-over-year. Net profit margin was 11.7%. Based on available data, Enphase Energy, Inc. has been profitable since at least 2019.

FY2025 Net Income$172.1M▲ +67.7% YoY
Trailing 12M (TTM)$135.0Mtrailing 4 quarters sum
Net Profit Margin11.7%$172.1M ÷ $1.47B
YoY Change+67.7%—
5-Year CAGR+5.1%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2019

▸ FMP /income-statement · Annual · ENPH net income history · ENPH profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$172.1M▲ +67.7%11.7%
FY2024$102.7M▼ 76.6%7.7%
FY2023$438.9M▲ +10.5%19.2%
FY2022$397.4M▲ +173.2%17.1%
FY2021$145.4M▲ +8.5%10.5%

Net income vs peers (Energy)

#CompanyNet IncomeYoY
#1
Enphase Energy, Inc.
Enphase Energy, Inc.YOU
ENPH
$172.1M+67.7%
#2
Exxon Mobil Corporation
Exxon Mobil Corporation
XOM
$28.84B-14.4%#3
Shell plc
Shell plc
SHEL
$17.84B+10.8%#4
TotalEnergies SE
TotalEnergies SE
TTE
$13.13B-16.7%#5
Chevron Corporation
Chevron Corporation
CVX
$12.30B-30.4%#6
Enbridge Inc.
Enbridge Inc.
ENB.TO
$7.49B+37.7%
Energy · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Enphase Energy, Inc. (ENPH) reported net income of $172.1M for FY2025 (fiscal year ending 2025-12-31), up 67.7% year-over-year. The net profit margin was 11.7% — meaning the company kept $0.12 of every dollar of revenue as profit.

Based on available data, Enphase Energy, Inc. has been profitable since at least 2019. Net income reached a peak of $438.9M in FY2023. Data available for 15 fiscal years.

Enphase Energy, Inc.'s net profit margin was 11.7% for FY2025, based on the latest annual results.

Investors sometimes search for "Enphase Energy, Inc. net worth" — the company's market capitalization is a separate figure from ENPH net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

ENPH net income · 5 questions

Enphase Energy, Inc. is profitable. The company reported net income of $172.1M for FY2025, a net profit margin of 11.7%. Net income was up 67.7% year-over-year. Based on available data, Enphase Energy, Inc. has been profitable since at least 2019.

is ENPH profitabledoes ENPH make a profitENPH profitabilityENPH profitable company

▸ Source: FMP /income-statement · GAAP · Enphase Energy, Inc. · Enphase Energy, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026