Enphase Energy, Inc.

ENPH · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$1,330$2,291$2,331$1,382
% Growth-41.9%-1.7%68.7%
Cost of Goods Sold$701$1,232$1,356$828
Gross Profit$629$1,058$975$554
% Margin47.3%46.2%41.8%40.1%
R&D Expenses$201$227$169$106
G&A Expenses$131$138$140$104
SG&A Expenses$337$370$355$233
Sales & Mktg Exp.$207$232$215$129
Other Operating Expenses$13$16$2$0
Operating Expenses$552$613$526$339
Operating Income$77$446$448$216
% Margin5.8%19.5%19.2%15.6%
Other Income/Exp. Net$43$67$4-$95
Pre-Tax Income$120$513$452$121
Tax Expense$18$74$55-$25
Net Income$103$439$397$145
% Margin7.7%19.2%17%10.5%
EPS0.763.242.941.09
% Growth-76.5%10.2%169.7%
EPS Diluted0.753.082.771.02
Weighted Avg Shares Out135136135134
Weighted Avg Shares Out Dil140143144143
Supplemental Information
Interest Income$77$70$14$1
Interest Expense$9$9$9$45
Depreciation & Amortization$81$75$59$31
EBITDA$210$597$520$197
% Margin15.8%26%22.3%14.2%