• Home
  •  / Enphase Energy

Enphase Energy

OverviewSuggest Edit

Enphase Energy is an energy technology company that designs and manufactures software-driven home energy solutions that span solar generation, home energy storage, and web-based monitoring and control. The company provides solar microinverters, primarily into the residential and commercial markets. Microinverters convert the direct current power from the solar panel directly into the grid-compatible alternating current for use or export.

TypePublic
Founded2006
HQFremont, CA, USMap
Websiteenphase.com
Employee Ratings4More
View Jobs (159)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)850(+48%)
Job Openings159
Revenue (FY, 2020)$774.4 M(+25%)
Share Price (Nov 2021)$251.6
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Enphase Energy

Mandy Yang

Mandy Yang

Chief Accounting Officer and Corporate Treasurer
Raghu Belur

Raghu Belur

Co-founder, Chief Products Officer
Badri Kothandaraman

Badri Kothandaraman

Chief Executive Officer
Martin Fornage

Martin Fornage

Co-Founder, Technical Advisor
Eric Branderiz

Eric Branderiz

Chief Financial Officer
Jeff McNeil

Jeff McNeil

Chief Operating Officer
Show more

Enphase Energy Office Locations

Enphase Energy has offices in Fremont, Austin, Meridian, Petaluma and in 7 other locations
Fremont, CA, US (HQ)
47281 Bayside Pkwy
Austin, TX, US
9229 Waterford Centre Blvd #200
Meridian, ID, US
1819 S Cobalt Point Way
Petaluma, CA, US
1420 N McDowell Blvd
South Melbourne, AU
Level 6/60 Albert Rd
Colombier-Saugnieu, FR
Lyon-Saint Exupéry Airport (LYS)
Show all (11)

Enphase Energy Financials and Metrics

Enphase Energy Revenue

Embed Graph
View revenue for all periods
Enphase Energy's revenue was reported to be $774.43 m in FY, 2020
USD

Revenue (Q2, 2021)

316.1m

Gross profit (Q2, 2021)

127.8m

Gross profit margin (Q2, 2021), %

40.4%

Net income (Q2, 2021)

39.4m

EBIT (Q2, 2021)

59.4m

Market capitalization (12-Nov-2021)

33.8b

Closing stock price (12-Nov-2021)

251.6

Cash (30-Jun-2021)

1.3b

EV

33.5b
Enphase Energy's current market capitalization is $33.8 b.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2019FY, 2020

Revenue

216.7m232.8m343.9m357.2m322.6m286.2m624.3m774.4m

Revenue growth, %

48%4%(10%)

Cost of goods sold

161.4m165.4m230.9m249.0m264.6m230.1m403.1m428.4m

Gross profit

55.3m67.4m113.0m108.2m58.0m56.0m221.2m346.0m
Quarterly
USDQ1, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

42.6m60.8m45.6m58.2m62.0m57.6m82.0m99.1m86.7m102.1m102.9m64.1m79.2m88.7m54.8m74.7m77.0m70.0m75.9m78.0m316.2m100.2m134.1m180.1m205.5m125.5m178.5m301.8m316.1m

Cost of goods sold

33.3m44.5m33.4m41.9m44.6m38.9m55.2m66.6m58.6m69.1m71.4m52.4m65.0m72.8m47.7m61.2m60.6m51.7m53.2m52.7m221.7m66.8m88.8m115.4m124.9m77.2m83.5m178.8m188.3m

Gross profit

9.3m16.3m12.2m16.3m17.4m18.7m26.8m32.5m28.0m33.0m31.5m11.8m14.1m15.9m7.0m13.5m16.5m18.3m22.7m25.3m94.4m33.3m45.3m64.7m80.7m48.4m95.0m122.9m127.8m

Gross profit Margin, %

22%27%27%28%28%32%33%33%32%32%31%18%18%18%13%18%21%26%30%32%30%33%34%36%39%39%53%41%40%
show all
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2019FY, 2020

Cash

45.3m38.2m42.0m28.5m17.8m29.1m251.4m679.4m

Accounts Receivable

27.7m32.1m45.1m46.1m65.3m145.4m182.2m

Prepaid Expenses

2.1m3.7m6.2m6.4m10.0m26.1m29.8m

Inventories

19.8m16.6m21.6m40.8m32.0m26.0m32.1m41.8m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

31.9m67.0m41.7m36.4m34.0m31.8m39.9m37.6m44.5m27.1m31.9m22.5m13.0m8.2m24.1m30.0m31.0m28.9m53.3m58.5m116.2m106.2m78.1m206.0m203.0m549.1m607.3m661.8m1.5b1.3b

Accounts Receivable

13.4m10.0m32.7m24.9m32.1m34.7m28.5m46.5m49.3m45.9m67.3m75.3m47.1m49.0m59.5m48.9m56.4m68.9m55.6m58.7m54.1m78.9m81.7m97.5m133.7m95.5m89.5m122.4m236.1m281.2m

Prepaid Expenses

2.3m2.6m2.0m2.5m2.7m3.2m4.3m5.6m5.2m7.1m8.1m7.1m7.2m7.9m7.2m10.1m13.3m13.3m20.4m20.7m21.6m20.9m22.7m26.3m24.6m27.8m29.3m28.5m31.4m34.7m

Inventories

25.7m31.0m16.7m22.3m17.9m24.4m14.1m15.7m15.5m34.7m34.1m36.7m45.6m39.3m39.1m33.8m20.8m25.3m18.5m17.5m17.9m16.3m13.0m20.1m30.2m34.6m31.2m37.5m34.9m37.8m
show all
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2019FY, 2020

Net Income

(38.2m)(25.9m)(8.1m)(22.1m)(67.5m)(45.2m)161.1m134.0m

Depreciation and Amortization

5.6m7.0m8.3m10.5m11.3m9.0m14.1m18.1m

Inventories

(8.6m)3.3m(5.0m)(19.2m)8.8m6.0m(15.8m)(9.7m)

Accounts Payable

16.8m7.6m25.3m(2.6m)8.9m(5.1m)22.2m35.7m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

(10.2m)(21.6m)(30.5m)(10.4m)(16.8m)(23.1m)(6.2m)(9.3m)(8.5m)(6.3m)(6.9m)(6.3m)(18.8m)(35.5m)(54.3m)(23.3m)(35.4m)(42.3m)(5.1m)(8.9m)(12.3m)(11.6m)2.8m13.4m44.5m68.9m21.6m61.0m31.7m71.0m

Depreciation and Amortization

1.1m2.5m3.9m1.7m3.4m5.1m1.9m3.9m6.0m2.5m5.1m7.7m2.7m5.4m8.0m2.3m4.6m6.8m2.3m4.5m7.0m9.7m3.6m7.7m11.6m3.8m8.0m12.8m5.6m13.2m

Inventories

(14.4m)(19.7m)(5.4m)(2.5m)1.9m(4.5m)2.5m856.0k1.1m(13.2m)(12.5m)(15.1m)(4.8m)1.5m1.7m(1.8m)11.1m6.6m7.5m8.5m8.1m9.7m3.3m(3.8m)(14.0m)(2.6m)870.0k(5.5m)6.9m4.0m

Accounts Payable

11.2m16.7m13.5m(759.0k)3.2m11.9m1.2m16.6m22.6m2.3m6.7m5.0m2.2m15.3m14.9m(17.5m)(14.1m)3.1m(11.7m)(3.8m)4.7m23.1m4.9m16.8m18.7m(22.1m)(35.4m)(9.2m)36.4m46.9m
show all
USDQ1, 2012

Financial Leverage

22.7 x
Show all financial metrics

Enphase Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

Learn more about our premium products
SecurityScorecard logo

Enphase Energy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
CSRHub logo

Enphase Energy Online and Social Media Presence

Enphase Energy's Trends

Embed Graph

Enphase Energy News and Updates

November 18, 2021

Enphase Energy and Power Solar Grow Battery Systems Partnership in Puerto Rico

FREMONT, Calif., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that Power Solar, one of the top residential solar and battery system provid…
November 16, 2021

Enphase Energy to Acquire ClipperCreek

Enables the Company’s Expansion into the Rapidly Growing EV Charging Market Enables the Company’s Expansion into the Rapidly Growing EV Charging Market
November 09, 2021

Enphase Energy to Host Investor Day on November 16, 2021

FREMONT, Calif., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that it will host its Investor Day in San Francisco, CA on November 16, 2021…
November 08, 2021

Enphase Energy and Your Energy Solutions Expand Partnership with Battery Storage Systems

FREMONT, Calif., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that Your Energy Solutions, a Northern California-based residential clean en…
November 04, 2021

Enphase Energy and NexGen Construction Expand Partnership with Battery Storage Systems

FREMONT, Calif., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that NexGen Construction, a Southern California-based contracting service co…
November 01, 2021

Enphase Energy and Good Faith Energy Grow Battery Partnership in Texas

FREMONT, Calif., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced Good Faith Energy, a fast-growing solar installation company serving homeown…
Show more

Enphase Energy Blogs

November 08, 2021

Getting started overview

Getting started overview andrea@smal.de Mon, 11/08/2021 - 05:34 …
November 04, 2021

Getting started - hand-off

Getting started - hand-off andrea@smal.de Thu, 11/04/2021 - 06:21 …
November 04, 2021

Getting started - Commission

Getting started - Commission andrea@smal.de Thu, 11/04/2021 - 04:08 …
November 03, 2021

Getting started - Install

Getting started - Install andrea@smal.de Wed, 11/03/2021 - 09:58 …
November 03, 2021

Getting started - Setup

Getting started - Setup andrea@smal.de Wed, 11/03/2021 - 05:56 …
October 26, 2021

Enphase Energy Reports Financial Results for the Third Quarter of 2021

FREMONT, Calif. , Oct. 26, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today financial results for the third quarter of 2021, which included the summary
Show more

 Enphase Energy Frequently Asked Questions

  • When was Enphase Energy founded?

    Enphase Energy was founded in 2006.

  • Who are Enphase Energy key executives?

    Enphase Energy's key executives are Mandy Yang, Raghu Belur and Badri Kothandaraman.

  • How many employees does Enphase Energy have?

    Enphase Energy has 850 employees.

  • What is Enphase Energy revenue?

    Latest Enphase Energy annual revenue is $774.4 m.

  • What is Enphase Energy revenue per employee?

    Latest Enphase Energy revenue per employee is $911.1 k.

  • Who are Enphase Energy competitors?

    Competitors of Enphase Energy include SolarEdge, Sensus Metering Systems and Maxwell Technologies.

  • Where is Enphase Energy headquarters?

    Enphase Energy headquarters is located at 47281 Bayside Pkwy, Fremont.

  • Where are Enphase Energy offices?

    Enphase Energy has offices in Fremont, Austin, Meridian, Petaluma and in 7 other locations.

  • How many offices does Enphase Energy have?

    Enphase Energy has 11 offices.