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Enphase Energy Inc.
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Enphase Energy Inc.

Enphase Energy Reports Highest Revenue in Two Years for Q3 2025

| 8-K |Technology

Summary

Enphase Energy, Inc. reported a significant increase in revenue for the third quarter of 2025, reaching $410.4 million, marking the highest revenue in two years. The company also reported non-GAAP gross margin of 49.2%, non-GAAP operating income of $123.4 million, and non-GAAP net income of $117.3 million. The press release, furnished as Exhibit 99.1, provides detailed financial results and highlights achievements in battery shipments and product launches.

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About Enphase Energy Inc.

Enphase Energy Inc. is a prominent player in the global renewable energy sector, specializing in designing and manufacturing microinverter systems. These systems are integral to solar power installations, converting direct current (DC) electricity generated by solar panels into alternating current (AC) electricity for use in homes and businesses. Enphase Energy's microinverters are known for improving energy harvest, increasing reliability, and simplifying installation compared to traditional inverters, making them a popular choice for residential and commercial solar power systems. The company is also expanding its footprint in energy management technology by offering storage solutions and software that enable homeowners and businesses to monitor and optimize their energy consumption. This diversification enhances the overall efficiency and safety of solar energy systems. Enphase Energy plays a crucial role in supporting the transition towards clean energy by empowering users to adopt solar technology efficiently. As a leader in its field, the company impacts solar energy markets worldwide, fostering sustainability and innovation across the industry. Founded in 2006 and headquartered in Fremont, California, Enphase continues to push the envelope in renewable energy technology.

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