Enphase Energy, Inc.
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, whi…
Solar
US, Fremont [HQ]
ENPH/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 20.00 | 61.00 | 149.00 | 216.00 | 232.00 | 343.00 | 357.00 | 322.00 | 286.00 | 316.00 | 624.00 | 774.00 | 1,382.00 | 2,330.00 | 2,290.00 | |
|
EPS
|
-14.98 | -19.27 | -0.82 | -1.24 | -0.62 | -0.19 | -0.49 | -1.34 | -0.54 | -0.12 | 1.38 | 1.07 | 1.09 | 2.94 | 3.22 | |
| Diluted in mil. | -14.98 | -19.27 | -0.82 | -1.24 | -0.62 | -0.19 | -0.49 | -1.34 | -0.54 | -0.12 | 1.23 | 0.95 | 1.02 | 2.77 | 3.08 | |
|
Profit
|
-3.00 | 6.00 | 29.00 | 55.00 | 67.00 | 113.00 | 108.00 | 58.00 | 56.00 | 94.00 | 221.00 | 345.00 | 554.00 | 974.00 | 1,058.00 | |
| Gross Margin | -15.00 | 10.54 | 19.44 | 25.52 | 28.95 | 32.87 | 30.29 | 17.98 | 19.58 | 29.87 | 35.44 | 44.68 | 40.12 | 41.81 | 46.20 | |
| Pre Tax | -16.00 | -21.00 | -32.00 | -37.00 | -25.00 | -7.00 | -20.00 | -65.00 | -45.00 | -10.00 | 90.00 | 119.00 | 120.00 | 452.00 | 513.00 | |
| Profit Margin | -83.81 | -35.32 | -21.60 | -17.34 | -10.76 | -2.12 | -5.80 | -20.46 | -15.84 | -3.24 | 14.43 | 15.42 | 8.75 | 19.39 | 22.40 | |
| ETR | -100.00 | -100.00 | -100.00 | -1.73 | -3.45 | -10.51 | -6.66 | -2.24 | 0.33 | -13.67 | -78.83 | -12.21 | -20.28 | 12.10 | 14.46 | |
| Net | -16.00 | -21.00 | -32.00 | -38.00 | -25.00 | -8.00 | -22.00 | -67.00 | -45.00 | -11.00 | 161.00 | 133.00 | 145.00 | 397.00 | 438.00 | |
| Profit Margin | -83.81 | -35.32 | -21.60 | -17.64 | -11.13 | -2.34 | -6.18 | -20.91 | -15.79 | -3.68 | 25.81 | 17.30 | 10.52 | 17.05 | 19.16 | |
| EBITDA | -15.00 | -18.00 | -25.00 | -25.00 | -16.00 | 3.00 | -8.00 | -48.00 | -11.00 | 15.00 | 121.00 | 201.00 | 248.00 | 523.00 | 612.00 | |
| EBITDA Margin | -78.69 | -30.78 | -16.79 | -11.80 | -6.88 | 1.11 | -2.45 | -15.13 | -4.01 | 4.87 | 19.53 | 26.08 | 18.01 | 22.44 | 26.73 | |
| Operating Income | -16.00 | -20.00 | -28.00 | -31.00 | -22.00 | -4.00 | -19.00 | -62.00 | -39.00 | 1.00 | 102.00 | 186.00 | 215.00 | 448.00 | 445.00 | |
| Operating Margin | -82.67 | -33.60 | -19.20 | -14.38 | -9.52 | -1.29 | -5.40 | -19.44 | -13.76 | 0.50 | 16.45 | 24.07 | 15.62 | 19.23 | 19.46 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 2.00 | 2.00 | - - | 13.00 | 69.00 | |
| Loss | -36.00 | -82.00 | -178.00 | -247.00 | -255.00 | -348.00 | -376.00 | -381.00 | -308.00 | -310.00 | -519.00 | -587.00 | -1,166.00 | -1,880.00 | -1,829.00 | |
| Cost of Revenue | -23.00 | -55.00 | -120.00 | -161.00 | -165.00 | -230.00 | -249.00 | -264.00 | -230.00 | -221.00 | -403.00 | -428.00 | -827.00 | -1,356.00 | -1,232.00 | |
|
Operating Expenses
|
-13.00 | -27.00 | -57.00 | -86.00 | -89.00 | -117.00 | -127.00 | -116.00 | -78.00 | -88.00 | -115.00 | -159.00 | -338.00 | -523.00 | -596.00 | |
| R&D | -8.00 | -14.00 | -25.00 | -35.00 | -34.00 | -45.00 | -50.00 | -50.00 | -33.00 | -32.00 | -40.00 | -55.00 | -105.00 | -168.00 | -227.00 | |
| G&A | -2.00 | -6.00 | -15.00 | -24.00 | -23.00 | -31.00 | -30.00 | -27.00 | -22.00 | -29.00 | -38.00 | -50.00 | -104.00 | -140.00 | -137.00 | |
| SG&A | -5.00 | -12.00 | -32.00 | -50.00 | -55.00 | -72.00 | -76.00 | -66.00 | -45.00 | -56.00 | -75.00 | -103.00 | -233.00 | -355.00 | -369.00 | |
| S&M | -2.00 | -6.00 | -17.00 | -25.00 | -31.00 | -41.00 | -45.00 | -38.00 | -23.00 | -27.00 | -36.00 | -52.00 | -128.00 | -215.00 | -231.00 | |
| Depreciation and Amortization | - - | -1.00 | -3.00 | -5.00 | -6.00 | -8.00 | -10.00 | -10.00 | -9.00 | -9.00 | -14.00 | -17.00 | -32.00 | -58.00 | -74.00 | |
| Interest Expenses | - - | - - | -3.00 | -6.00 | -2.00 | -1.00 | - - | -2.00 | -7.00 | -9.00 | -9.00 | -21.00 | -45.00 | -9.00 | -8.00 | |
| Other Expenses | -16.00 | - - | - - | - - | - - | - - | - - | -4.00 | -14.00 | -6.00 | -12.00 | -67.00 | -94.00 | -3.00 | -9.00 | |
|
WA Shares Outstanding
|
1.00 | 1.00 | 39.00 | 30.00 | 41.00 | 42.00 | 44.00 | 50.00 | 82.00 | 96.00 | 116.00 | 125.00 | 134.00 | 135.00 | 136.00 | |
| Diluted | 1.00 | 1.00 | 39.00 | 30.00 | 41.00 | 42.00 | 44.00 | 50.00 | 82.00 | 99.00 | 131.00 | 141.00 | 142.00 | 144.00 | 143.00 |