Net Income for Enphase Energy (ENPH)
According to Enphase Energy's latest reported financial statements, the company's current net income (TTM) is $122.09M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
ENPH
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$122.09M
YoY change
+67.7%
5Y CAGR
+5.1%
Peak year (2023)
$438.94M
Cumulative net income
$1.25B
Net Income history chart for Enphase Energy (ENPH) from 2008 to 2025
Net Income history table for Enphase Energy (ENPH) from 2008 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $172.13M | +67.7% | ||
| 2024 | $102.66M | -76.6% | ||
| 2023 | $438.94M | +10.5% | ||
| 2022 | $397.36M | +173.2% | ||
| 2021 | $145.45M | +8.5% | ||
| 2020 | $134.00M | -16.8% | ||
| 2019 | $161.15M | -1486.0% | ||
| 2018 | -$11.63M | -74.3% | ||
| 2017 | -$45.19M | -33.0% | ||
| 2016 | -$67.46M | +205.5% | ||
| 2015 | -$22.08M | +174.2% | ||
| 2014 | -$8.05M | -68.9% | ||
| 2013 | -$25.91M | -32.2% | ||
| 2012 | -$38.22M | +18.4% | ||
| 2011 | -$32.29M | +48.3% | ||
| 2010 | -$21.78M | +28.7% | ||
| 2009 | -$16.93M | +16.7% | ||
| 2008 | -$14.50M | — |
Net Income values are taken from Enphase Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Enphase Energy (ENPH) net income is $172.13M – surged 67.7% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Enphase Energy net income compounded at +5.1% per year, with the latest reading among the more recent periods of the dataset.
Enphase Energy net income plunged from $438.94M in 2023 to $172.13M in 2025, a 60.8% drawdown.
2023 marks the peak net income at $438.94M, with the historical low of -$67.46M recorded in 2016.
Among 8 Energy peers, Enphase Energy (ENPH) ranks 9th; the peer median for net income is $6.24B.
Enphase Energy Net Income by Year
Enphase Energy Net Income 2025: $172.13M
Enphase Energy net income in 2025 was $172.13M, surged 67.7% from 2024.
Enphase Energy Net Income 2024: $102.66M
Enphase Energy net income in 2024 was $102.66M, plunged 76.6% below 2023.
Enphase Energy Net Income 2023: $438.94M
Enphase Energy net income in 2023 was $438.94M, grew 10.5% from 2022. This figure represents the highest annual value in the available history.
Enphase Energy Net Income 2022: $397.36M
Enphase Energy net income in 2022 was $397.36M, surged 173.2% from 2021.
Enphase Energy Net Income 2021: $145.45M
Enphase Energy net income in 2021 was $145.45M.
See more financial history for Enphase Energy (ENPH).
Sector peers — Net Income
Companies in the same sector as Enphase Energy, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $28.84B | Energy |
| Chevron Corporation (CVX) | $12.30B | Energy |
| ConocoPhillips (COP) | $7.99B | Energy |
| Enbridge Inc. (ENB) | $7.49B | Energy |
| EOG Resources, Inc. (EOG) | $4.98B | Energy |
| SLB N.V. (SLB) | $3.35B | Energy |
| The Williams Companies, Inc. (WMB) | $2.62B | Energy |
| Valero Energy Corporation (VLO) | $2.35B | Energy |
Frequently asked questions
What is Enphase Energy's net income?
- Latest reported net income for Enphase Energy (ENPH) is $122.09M (period ending March 31, 2026).
How has Enphase Energy net income changed year-over-year?
- Enphase Energy (ENPH) net income changed +67.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Enphase Energy net income?
- Enphase Energy (ENPH) net income compound annual growth rate is +5.1% over the most recent 5 years available.
When did Enphase Energy net income hit its highest annual value?
- Enphase Energy net income reached its highest annual value of $438.94M in 2023.
What was Enphase Energy net income in 2024?
- Enphase Energy (ENPH) net income in 2024 was $102.66M.
What was Enphase Energy net income in 2025?
- Enphase Energy (ENPH) net income in 2025 was $172.13M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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