Enphase Energy revenue ENPH
Sales by quarter and over the last twelve months, from 2011.
- Last 12 months, to Jun 30, 2026
- $1.3B
- Latest quarter, Q2 FY26
- $291.9M
- −20% on a year earlier
- Fiscal year 2025
- $1.5B
- +11% on the year before
Enphase Energy's revenue was $1.3B over the twelve months to Jun 30, 2026, down 10% on a year earlier.
In its latest quarter, Q2 FY26, it was $291.9M, down 20% on the same quarter a year before.
Over the five fiscal years to FY2025 it grew 14% a year on average.
Revenue over time
Fiscal year by fiscal year
| Fiscal year | Revenue | Change |
|---|---|---|
| FY2025 | $1.5B | +11% |
| FY2024 | $1.3B | −42% |
| FY2023 | $2.3B | −2% |
| FY2022 | $2.3B | +69% |
| FY2021 | $1.4B | +78% |
| FY2020 | $774.4M | +24% |
| FY2019 | $624.3M | +97% |
| FY2018 | $316.2M | +10% |
| FY2017 | $286.2M | −11% |
| FY2016 | $322.6M | −10% |
| FY2015 | $357.2M | +4% |
| FY2014 | $343.9M | +48% |
| FY2013 | $232.8M | +7% |
| FY2012 | $216.7M | +45% |
| FY2011 | $149.5M | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Revenue | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | $291.9M | −20% | $1.3B | |
| Q1 FY26 | $282.9M | −21% | $1.4B | |
| Q4 FY25 | $343.3M | −10% | $1.5B | |
| Q3 FY25 | $410.4M | +8% | $1.5B | |
| Q2 FY25 | $363.2M | +20% | $1.5B | |
| Q1 FY25 | $356.1M | +35% | $1.4B | |
| Q4 FY24 | $382.7M | +26% | $1.3B | |
| Q3 FY24 | $380.9M | −31% | $1.3B | |
| Q2 FY24 | $303.5M | −57% | $1.4B | |
| Q1 FY24 | $263.3M | −64% | $1.8B | |
| Q4 FY23 | $302.6M | −58% | $2.3B | |
| Q3 FY23 | $551.1M | −13% | $2.7B |
Against its peers
Companies in Semiconductors nearest Enphase Energy's size, closest first, today.
| Company | Revenue, 12 months | Growth |
|---|---|---|
| ENPHEnphase Energy | $1.3B | −10% a year |
| KLICKulicke & Soffa Industries | $950.2M | +44% a year |
| DIODDiodes | $1.6B | +18% a year |
| ACMRACM Research | $1B | +27% a year |
| ACLSAxcelis Technologies | $866.1M | −3% a year |
| PENGPenguin Solutions | $1.7B | +26% a year |
| OSISOSI Systems | $1.8B | +4% a year |
| CRUSCirrus Logic | $2B | +6% a year |
| IPGPIPG Photonics | $1.1B | +13% a year |
| POWIPower Integrations | $449.4M | +2% a year |
| VECOVeeco Instruments | $682.7M | −3% a year |
| Peer median | $1.1B |
Where Enphase Energy ranks
What the revenue tells you
Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.
Growing revenue with shrinking margins is a warning, not a win.
More on Enphase Energy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.