TTM
$619.16M
YoY change
+9.2%
5Y CAGR
+14.7%
Peak year (2023)
$1.06B
Cumulative gross profit
$5.15B
Gross Profit history chart for Enphase Energy (ENPH) from 2008 to 2025
Latest: $687.00M
Gross Profit growth chart for Enphase Energy (ENPH) from 2008 to 2025
Latest: +9.2%
Gross Profit history table for Enphase Energy (ENPH) from 2008 to 2025
| 2025 | $687.00M | +9.2% | +$57.87M | ||
| 2024 | $629.14M | -40.6% | −$429.25M | ||
| 2023 | $1.06B | +8.6% | +$83.79M | ||
| 2022 | $974.60M | +75.8% | +$420.17M | ||
| 2021 | $554.42M | +60.2% | +$208.44M | ||
| 2020 | $345.98M | +56.4% | +$124.74M | ||
| 2019 | $221.25M | +134.3% | +$126.80M | ||
| 2018 | $94.44M | +68.5% | +$38.40M | ||
| 2017 | $56.04M | -3.4% | −$1.97M | ||
| 2016 | $58.01M | -46.4% | −$50.21M | ||
| 2015 | $108.22M | -4.3% | −$4.83M | ||
| 2014 | $113.04M | +67.7% | +$45.63M | ||
| 2013 | $67.42M | +21.9% | +$12.13M | ||
| 2012 | $55.29M | +90.2% | +$26.22M | ||
| 2011 | $29.07M | +347.1% | +$22.57M | ||
| 2010 | $6.50M | -314.7% | +$9.53M | ||
| 2009 | −$3.03M | -47.8% | +$2.78M | ||
| 2008 | −$5.81M | — | — |
- 2025$687.00M+9.2%
- 2024$629.14M-40.6%
- 2023$1.06B+8.6%
- 2022$974.60M+75.8%
- 2021$554.42M+60.2%
- 2020$345.98M+56.4%
- 2019$221.25M+134.3%
- 2018$94.44M+68.5%
- 2017$56.04M-3.4%
- 2016$58.01M-46.4%
- 2015$108.22M-4.3%
- 2014$113.04M+67.7%
- 2013$67.42M+21.9%
- 2012$55.29M+90.2%
- 2011$29.07M+347.1%
- 2010$6.50M-314.7%
- 2009−$3.03M-47.8%
- 2008−$5.81M—
Gross Profit values are taken from Enphase Energy's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Enphase Energy (ENPH)
According to Enphase Energy's latest reported financial statements, the company's current gross profit (TTM) is $619.16M. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Enphase Energy (ENPH) reported gross profit of $687.00M – grew 9.2% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Enphase Energy gross profit compounded at +14.7% per year, with mixed annual results across the window.
Between 2023 and 2025, Enphase Energy gross profit plunged 35.1%, falling from $1.06B to $687.00M.
Across the available history, gross profit reached its high of $1.06B in 2023 and its low of −$5.81M in 2008.
Enphase Energy Gross Profit by Year
Enphase Energy Gross Profit 2025: $687.00M
Enphase Energy gross profit in 2025 was $687.00M, grew 9.2% from 2024.
Enphase Energy Gross Profit 2024: $629.14M
2024's gross profit for Enphase Energy came in at $629.14M, plunged 40.6% below 2023.
Enphase Energy Gross Profit 2023: $1.06B
Enphase Energy posted gross profit of $1.06B in 2023, grew 8.6% from 2022. This figure represents the highest annual value in the available history.
Enphase Energy Gross Profit 2022: $974.60M
In 2022, Enphase Energy reported gross profit of $974.60M, surged 75.8% from 2021.
Enphase Energy Gross Profit 2021: $554.42M
Enphase Energy gross profit in 2021 was $554.42M.
See more financial history for Enphase Energy (ENPH).
Sector peers by Gross Profit
Energy peers of Enphase Energy (ENPH), ranked by their latest gross profit
| $70.23B | |
| $56.09B | |
| $15.42B | |
| $14.46B | |
| $10.00B | |
| $6.50B | |
| $5.37B | |
| $5.12B |
- $70.23B
- $56.09B
- $15.42B
- $14.46B
- $10.00B
- $6.50B
- $5.37B
- $5.12B
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