Ticker League

TTM

9.6%

YoY change

+3.97pp

Trough year (2008)

-869.4%

Peak year (2019)

25.8%

Net Profit Margin history chart for Enphase Energy (ENPH) from 2008 to 2025

Latest: 11.7%

Net Profit Margin change chart for Enphase Energy (ENPH) from 2008 to 2025

Latest: +3.97pp

Net Profit Margin history table for Enphase Energy (ENPH) from 2008 to 2025

  • 202511.7%+3.97pp
  • 20247.7%-11.44pp
  • 202319.2%+2.11pp
  • 202217.0%+6.52pp
  • 202110.5%-6.78pp
  • 202017.3%-8.51pp
  • 201925.8%+29.49pp
  • 2018-3.7%+12.11pp
  • 2017-15.8%+5.12pp
  • 2016-20.9%-14.73pp
  • 2015-6.2%-3.84pp
  • 2014-2.3%+8.79pp
  • 2013-11.1%+6.51pp
  • 2012-17.6%+3.96pp
  • 2011-21.6%+13.72pp
  • 2010-35.3%+48.49pp
  • 2009-83.8%+785.55pp
  • 2008-869.4%

Net Profit Margin 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 Net Profit Margin at Enphase Energy (ENPH)

According to Enphase Energy's latest reported financial statements, the company's latest reported net margin is 9.6%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Enphase Energy (ENPH) net margin is 11.69% – expanded 4.0 percentage points year-over-year.

Across the available history, net margin reached its high of 25.81% in 2019 and its low of -869.36% in 2008.

Enphase Energy Net Profit Margin by Year

Enphase Energy Net Profit Margin 2025: 11.7%

In 2025, Enphase Energy reported net margin of 11.69%, expanded 4.0 percentage points from 2024.

Enphase Energy Net Profit Margin 2024: 7.7%

Enphase Energy net margin in 2024 was 7.72%, contracted 11.4 percentage points from 2023.

Enphase Energy Net Profit Margin 2023: 19.2%

2023's net margin for Enphase Energy came in at 19.16%, expanded 2.1 percentage points from 2022.

Enphase Energy Net Profit Margin 2022: 17.0%

Enphase Energy posted net margin of 17.05% in 2022, expanded 6.5 percentage points from 2021.

Enphase Energy Net Profit Margin 2021: 10.5%

Enphase Energy net margin in 2021 was 10.52%.

See more financial history for Enphase Energy (ENPH).

Sector peers by Net Profit Margin

Energy peers of Enphase Energy (ENPH), ranked by their latest net margin

Frequently asked questions

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation