Every 10-Q that Enphase Energy, Inc. (ENPH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ENPH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ENPH filings page.
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 weaker results for the quarter ended March 31, 2026. Net revenues fell 21% to $282.9 million, driven by an 8% decline in microinverter units and a 39% drop in IQ Battery megawatt‑hours shipped. International revenue fell 47% amid softer European demand.
Gross margin compressed to 35.5% from 47.2%, reflecting a loss on the sale of $235.0 million of Advanced Manufacturing Production Tax Credits generated in 2025 and lower fair value for new credits, partially offset by reduced tariffs. The company posted a net loss of $7.4 million versus prior‑year net income of $29.7 million.
Despite earnings pressure, Enphase generated $102.9 million of operating cash flow and ended the quarter with $497.5 million in cash and cash equivalents plus $433.1 million in marketable securities. It fully repaid its $632.5 million 2026 convertible notes and now carries only the 2028 notes as long‑term debt.
Enphase Energy filed its Q3 2025 10-Q, reporting stronger results and a simplified balance sheet. Net revenues were $410.4 million, up from $380.9 million a year ago, with gross profit of $196.2 million. Income from operations rose to $66.2 million, and net income reached $66.6 million, or $0.50 diluted EPS (basic $0.51).
Cash and cash equivalents were $401.9 million and marketable securities were $1.076 billion. Total deferred revenues were $457.2 million (current $111.5 million; non‑current $345.7 million). Warranty obligations totaled $210.1 million. The company classified its $631.7 million Notes due 2026 as current and its $571.9 million Notes due 2028 as non‑current, and settled the Notes due 2025 earlier in the year. Year‑to‑date operating cash flow was $89.0 million, and common stock repurchases were $130.0 million. Stockholders’ equity ended at $995.0 million.