Enphase Energy, Inc.

ENPH · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$1,330,383$2,290,786$2,330,853$1,382,049
% Growth-41.9%-1.7%68.7%
Cost of Goods Sold$701,245$1,232,398$1,356,258$827,627
Gross Profit$629,138$1,058,388$974,595$554,422
% Margin47.3%46.2%41.8%40.1%
R&D Expenses$201,315$227,336$168,846$105,526
G&A Expenses$130,825$137,835$140,002$104,090
SG&A Expenses$337,377$369,627$355,104$233,064
Sales & Mktg Exp.$206,552$231,792$215,102$128,974
Other Operating Expenses$13,154$15,684$2,384$0
Operating Expenses$551,846$612,647$526,334$338,590
Operating Income$77,292$445,741$448,261$215,832
% Margin5.8%19.5%19.2%15.6%
Other Income/Exp. Net$42,867$67,398$3,787-$94,904
Pre-Tax Income$120,159$513,139$452,048$120,928
Tax Expense$17,501$74,203$54,686-$24,521
Net Income$102,658$438,936$397,362$145,449
% 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 Out135,167136,376135,349134,025
Weighted Avg Shares Out Dil140,004143,290144,390142,878
Supplemental Information
Interest Income$77,306$69,728$13,656$695
Interest Expense$8,905$8,839$9,438$45,152
Depreciation & Amortization$81,389$74,708$58,775$30,846
EBITDA$210,453$596,686$520,261$196,926
% Margin15.8%26%22.3%14.2%