Enphase Energy, Inc. SEC Filings

Enphase Energy insider Richard Mora filed to sell up to 1,500 shares of ENPH common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with an indicated aggregate value of $60,547.20, in a transaction referenced for August 14, 2026 on NASDAQ.

The shares relate to vested restricted stock awards dated February 15, 2025 (249 shares), May 15, 2025 (542 shares), and May 14, 2026 (709 shares). The filing also lists past 3‑month sales by Mora of 2,000 shares on July 30, 2026 for $73,520.20, 700 shares on June 1, 2026 for $44,940.00, and 700 shares on May 19, 2026 for $32,473.07.

Enphase Energy, Inc. reported that its Board of Directors, excluding Benjamin Kortlang, unanimously voted to retain Mr. Kortlang as a director, following a recommendation from the Nominating and Corporate Governance Committee. He will continue serving on the Audit Committee and Strategic Committee, where his experience supports oversight of financial and strategic priorities.

Joseph Malchow will become Chair of the Nominating and Corporate Governance Committee effective immediately. The Board noted recent and planned governance enhancements, including the June 2026 appointment of Shanker Trivedi to the Board, ongoing stockholder engagement, and evaluation of additional governance changes. Enphase highlighted Mr. Kortlang’s deep company and industry knowledge, capital markets experience, energy and data center expertise, and perfect Board and Committee meeting attendance over the past five years.

Enphase Energy, Inc. director Richard Mora reported a sale of 2,000 shares of common stock on July 30, 2026 at $36.7601 per share in a sale described as an open market or private transaction. After this transaction, he directly holds 11,922 Enphase Energy shares.

A shareholder of ENPH, identified as Richard Mora, filed to sell up to 2,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with an indicated aggregate value of $73,520.20 as of July 30, 2026.

The shares to be sold come from multiple restricted stock awards granted between November 17, 2023 and February 15, 2025. The filing also reports prior sales of 700 shares on May 19, 2026 for $32,473.07 and 700 shares on June 1, 2026 for $44,940.00.

BlackRock, Inc. has filed an amended Schedule 13G reporting a significant ownership position in Enphase Energy, Inc. common stock. BlackRock reports beneficial ownership of 22,857,720 shares of Enphase common stock, representing 17.3% of the outstanding class as of the reporting date.

BlackRock reports sole voting power22,558,507 shares and sole dispositive power22,857,720 shares, with no shared voting or dispositive power. The filing notes that these securities are held by certain BlackRock business units, and that iShares Core S&P Small-Cap ETF has an interest in Enphase common stock exceeding 5% of the company’s total outstanding common stock.

Enphase Energy reported Q2 2026 net revenues of $291.9 million (291,854 in thousands), down from $363.2 million a year earlier. Net income was $36.1 million versus $37.1 million. For the first six months, revenue was $574.8 million and net income $28.7 million, compared with $719.2 million and $66.8 million in 2025.

Gross profit in Q2 rose slightly to $175.0 million, aided by $64.9 million of AMPTC benefits and $45.4 million of tariff refunds recognized as reductions to cost of revenues, partly offset by an $18.9 million loss on sale of 2025 AMPTC. First‑half AMPTC net benefit was $100.6 million.

Cash and cash equivalents were $529.3 million and marketable securities $408.4 million at June 30, 2026. Operating cash flow for the first half was $143.2 million. The company settled its 0.0% convertible notes due 2026 for $632.5 million in cash, leaving $575.0 million principal of 0.0% notes due 2028 outstanding. Deferred revenue totaled $582.5 million, warranty obligations $203.2 million, and a 2026 restructuring plan generated $4.8 million of charges in the first half.

Enphase Energy reported second‑quarter 2026 revenue of $291.9 million, up from $282.9 million in Q1 but below Q2 2025. GAAP gross margin was 60.0%, boosted by $45.4 million of tariff refunds, while non‑GAAP gross margin was 46.8%. GAAP net income was $36.1 million (diluted EPS $0.27), and non‑GAAP net income was $61.5 million (diluted EPS $0.46). Free cash flow was $25.9 million, and cash, cash equivalents and marketable securities totaled $937.7 million at quarter end.

The company shipped about 1.59 million IQ Microinverters and 113.8 MWh of IQ Batteries, with U.S. revenue down ~3% and Europe up ~35% sequentially. Enphase highlighted progress on its IQ Solid‑State Transformer for AI data centers and new IQ9‑series microinverters, batteries and EV charger. For Q3 2026, it forecasts revenue of $290–$320 million, IQ Battery shipments of 130–150 MWh, GAAP gross margin of 42–45%, non‑GAAP gross margin of 44–47%, and non‑GAAP operating expenses of $76–$80 million.

Enphase Energy, Inc. entered into a Tax Credit Transfer Agreement with a leading financial institution effective June 15, 2026. Under the agreement, Enphase agreed to sell up to $150,000,000 of advanced manufacturing production tax credits generated on eligible U.S. component production and sales in calendar year 2026 under Section 45X of the Internal Revenue Code.

The purchase price for these tax credits will not exceed $139,500,000, payable in four installments during 2026 and 2027, subject to customary conditions, including absence of default and accuracy of Enphase’s representations and warranties. The agreement includes customary covenants, indemnification, and termination provisions for comparable tax credit sale arrangements, and Enphase notes that forward-looking statements about generating tax credits and receiving payments involve significant risks and uncertainties.

Enphase Energy, Inc. director Shanker Trivedi filed an amended Form 3, which is the initial insider ownership report for company directors and certain large shareholders. This amendment lists him as a director and, in this excerpt, shows no reportable transactions or derivative positions.