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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 micro inverters, 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, USMap
Websiteenphase.com
Employee Ratings3More
View Jobs (51)

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Latest Updates

Employees (est.) (Dec 2019)577(+36%)
Job Openings51
Revenue (FY, 2019)$624.3 M(+119%)
Share Price (Oct 2020)$103.3
Cybersecurity ratingCMore

Key People/Management at Enphase Energy

Martin Fornage

Martin Fornage

Co-Founder - Chief Technology Officer
Mandy Yang

Mandy Yang

Chief Accounting Officer and Corporate Treasurer
Ciaran Fox

Ciaran Fox

Vice President of Quality and Reliability
Raghu Belur

Raghu Belur

Co-founder, Chief Products Officer
Badri Kothandaraman

Badri Kothandaraman

Chief Executive Officer
Eric Branderiz

Eric Branderiz

Chief Financial Officer
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Enphase Energy Office Locations

Enphase Energy has offices in Fremont, Austin, Meridian, Petaluma and in 8 other locations
Fremont, US (HQ)
47281 Bayside Pkwy
Austin, US
9229 Waterford Centre Blvd #200
Meridian, US
1819 S Cobalt Point Way
Petaluma, US
1420 N McDowell Blvd
Beaconsfield, AU
2/26 Collins St
South Melbourne, AU
Level 6/60 Albert Rd
Show all (13)

Enphase Energy Financials and Metrics

Enphase Energy Revenue

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Enphase Energy's revenue was reported to be $624.33 m in FY, 2019
USD

Revenue (Q2, 2020)

125.5m

Gross profit (Q2, 2020)

48.4m

Gross profit margin (Q2, 2020), %

38.5%

Net income (Q2, 2020)

(47.3m)

EBIT (Q2, 2020)

10.9m

Market capitalization (23-Oct-2020)

13.0b

Closing stock price (23-Oct-2020)

103.3

Cash (30-Jun-2020)

607.3m

EV

12.8b
Enphase Energy's current market capitalization is $13 b.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2019

Revenue

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

Revenue growth, %

48%4%(10%)

Cost of goods sold

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

Gross profit

55.3m67.4m113.0m108.2m58.0m56.0m221.2m
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, 2020

Revenue

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

Cost of goods sold

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

Gross profit

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

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%
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2019

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

19.8m16.6m21.6m40.8m32.0m26.0m32.1m
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, 2020

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

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

Net Income

(38.2m)(25.9m)(8.1m)(22.1m)(67.5m)(45.2m)161.1m

Depreciation and Amortization

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

Inventories

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

Accounts Payable

16.8m7.6m25.3m(2.6m)8.9m(5.1m)22.2m
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, 2020

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)2.8m13.4m44.5m68.9m21.6m

Depreciation and Amortization

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

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

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)
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USDQ1, 2012

Financial Leverage

22.7 x
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Enphase Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

Learn more about about our premium products
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Enphase Energy Online and Social Media Presence

Enphase Energy's Trends

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Enphase Energy News and Updates

October 20, 2020

Enphase Energy and SunCool Bring Reliable Solar-Plus-Storage to Florida Homeowners

FREMONT, Calif., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that SunCool Energy has started offering the Enphase Encharge™ storage system to customers in South F…
October 13, 2020

Enphase Energy Announces Conference Call to Review Third Quarter 2020 Financial Results

Tuesday, Oct. 27, 2020 at 4:30 p.m. Eastern Time Tuesday, Oct. 27, 2020 at 4:30 p.m. Eastern Time
October 12, 2020

Enphase Energy and Natura Living Join Forces on Commercial Solar Projects for PepsiCo Thailand

FREMONT, Calif., Oct. 12, 2020 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of solar microinverters, today announced that the Company and Natura Living, one of Thailand’s leading residential and commercial solar instal…
September 25, 2020

Enphase Energy Welcomes Christopher Landau, U.S. Ambassador to Mexico, to Made in Mexico Event

FREMONT, Calif., Sept. 25, 2020 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of solar microinverters, today announced it hosted a Made in Mexico event yesterday at the Flex manufacturing facility in Guadalajara, Mexico…
September 14, 2020

Enphase Energy Microinverters Power Innovative Minneapolis Commercial Solar Project

FREMONT, Calif., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that All Energy Solar, a full-service energy company serving residential, commercial, agricultural, …
September 11, 2020

Enphase Energy Stock Looks Exhausted At Current Levels

Enphase Energy stock is up over 150% since the beginning of this year, but at the current price of $68 per share, we believe that Enphase Energy stock has a significant downside. Why is that? Our belief stems from the fact that Enphase stock has risen over 2700% from the low seen in early 2018...
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Enphase Energy Blogs

October 16, 2020

Solar batteries from Enphase - intro(EN-US)

Your home’s energy consumption varies a lot during the day, so some of your solar energy usually ends up going unused by you. Solar batteries store the electricity produced by your rooftop solar panels so that you can use it at other times. This adds valuable flexibility to your solar system, allowi…
October 16, 2020

Solar batteries from Enphase - Overview - Banner (EN-US)

What you need to know about solar batteries and energy storage
October 13, 2020

Spacer - white bar(EN-US)

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October 12, 2020

LPUP video section (EN-US)

Learn more about Enphase solar + storage This five minute animated video walks through the features, benefits, and sub-components that make up the Ensemble Technology. 589q1781cz --no-top-padding --no-bottom-padding
October 12, 2020

Process flow(EN-US)

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October 12, 2020

Upgrade for S-series(EN-US)

Upgrade for S-series owners Eligible Microinverters S230 and S270 Sign up Grey Left
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 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 Martin Fornage, Mandy Yang and Ciaran Fox.

  • How many employees does Enphase Energy have?

    Enphase Energy has 577 employees.

  • What is Enphase Energy revenue?

    Latest Enphase Energy annual revenue is $624.3 m.

  • What is Enphase Energy revenue per employee?

    Latest Enphase Energy revenue per employee is $1.1 m.

  • Who are Enphase Energy competitors?

    Competitors of Enphase Energy include Sensus Metering Systems, SolarEdge 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 8 other locations.

  • How many offices does Enphase Energy have?

    Enphase Energy has 13 offices.