Enphase Energy

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.

Company Growth (employees)
Petaluma, US
Size (employees)
430 (est)
Enphase Energy was founded in 2006 and is headquartered in Petaluma, US

Key People/Management at Enphase Energy

Martin Fornage

Martin Fornage

Co-founder - Chief Technology Officer
Raghu Belur

Raghu Belur

Co-founder, Vice President of Products and Strategic Initiatives
Ciaran Fox

Ciaran Fox

Vice President of Quality and Reliability

Enphase Energy Office Locations

Enphase Energy has offices in Petaluma, Santa Clara, Milton Keynes, Colombier-Saugnieu and in 18 other locations
Petaluma, US (HQ)
1420 N McDowell Blvd
Santa Clara, US
2388 Walsh Ave
Shanghai, CN
32d Senao (Caoxi North Road)
Colombier-Saugnieu, FR
905 rue d’Espagne BP 128 69125 Aéroport Lyon Saint Exupéry
Carate Brianza, IT
41 Via E. Toti
Milton Keynes, GB
Regus House Fairbourne Drive Atterbury
Show all (21)

Enphase Energy Financials and Metrics

Enphase Energy Financials

Enphase Energy's revenue was reported to be $322.6 m in FY, 2016

Revenue (Q2, 2017)

74.7 m

Gross profit (Q2, 2017)

13.5 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

(12.1 m)

EBIT (Q2, 2017)

(9.2 m)

Market capitalization (23-Feb-2018)

209.6 m

Cash (30-Jun-2017)

31 m
Enphase Energy's current market capitalization is $209.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


232.8 m343.9 m357.2 m322.6 m

Revenue growth, %


Cost of goods sold

165.4 m230.9 m249 m264.6 m

Gross profit

67.4 m113 m108.2 m58 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


62 m57.6 m82 m99.1 m86.7 m102.1 m102.9 m64.1 m79.2 m88.7 m54.8 m74.7 m

Cost of goods sold

44.6 m38.9 m55.2 m66.6 m58.6 m69.1 m71.4 m52.4 m65 m72.8 m47.7 m61.2 m

Gross profit

17.4 m18.7 m26.8 m32.5 m28 m33 m31.5 m11.8 m14.1 m15.9 m7 m13.5 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


38.2 m42 m28.5 m17.8 m


16.6 m21.6 m40.8 m32 m

Current Assets

90.5 m114.9 m121.8 m117.9 m


24.9 m30.8 m32.1 m31.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


31.8 m39.9 m37.6 m44.5 m27.1 m31.9 m22.5 m13 m8.2 m24.1 m30 m31 m


24.4 m14.1 m15.7 m15.5 m34.7 m34.1 m36.7 m45.6 m39.3 m39.1 m33.8 m20.8 m

Current Assets

94.1 m86.8 m105.5 m114.5 m114.8 m141.3 m141.6 m112.9 m104.4 m129.9 m122.8 m121.5 m


24.8 m24.8 m25.1 m28.8 m31.2 m31.6 m31.2 m33 m34.6 m32.5 m30.9 m29.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(25.9 m)(8.1 m)(22.1 m)(67.5 m)

Depreciation and Amortization

7 m8.3 m10.5 m10.6 m

Accounts Receivable

(5 m)(14 m)(2.5 m)(18 m)


3.3 m(5 m)(19 m)8.8 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(6.2 m)(3 m)813 k(6.3 m)(603 k)624 k(18.8 m)(16.7 m)(18.8 m)(23.3 m)


15.7 m15.5 m34.7 m34.1 m36.7 m45.6 m39.3 m39.1 m33.8 m

Accounts Payable

19.5 m22 m31 m34.5 m32.7 m24.3 m37.6 m32.6 m15.9 m
Y, 2017

Financial Leverage

-68.7 x
Show all financial metrics

Enphase Energy Market Value History

Enphase Energy Median Salaries

Source: 35 public H-1B filings from Enphase Energy

Enphase Energy's Web-traffic and Trends

Enphase Energy Online and Social Media Presence

Enphase Energy Company Life and Culture

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