Every 8-K 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 8-K covers material events a company has to report between its quarterly 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, 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 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. has expanded its Board of Directors to eight members and appointed Shanker Trivedi as a Class I director effective June 11, 2026. His term is aligned with the Company’s 2028 Annual Meeting of Stockholders, when he is expected to stand for election.
Trivedi, age 69, brings over 30 years of enterprise technology experience, including a decade as Senior Vice President, Enterprise Business at NVIDIA, where he led worldwide datacenter and professional visualization sales and business development across multiple industries. He was also appointed to Enphase’s Audit Committee.
As part of his appointment, Trivedi will receive a restricted stock unit award with a targeted delivered value of approximately $250,000, vesting in four equal installments between August 15, 2026 and May 15, 2027, and he will participate in Enphase’s standard non-employee director compensation and indemnification arrangements.
Enphase Energy, Inc. reported results of its 2026 Annual Meeting of Stockholders. Shareholders approved an amendment and restatement of the 2021 Equity Incentive Plan, increasing the common stock reserved for issuance by 2,000,000 shares. An advisory vote approved compensation for named executive officers, and shareholders ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026. Three directors, including Jamie Haenggi, Benjamin Kortlang and Richard Mora, were elected, with Mr. Kortlang receiving a plurality but not a majority of votes cast. The Board’s Nominating and Corporate Governance Committee will review this and the Company will disclose the Board’s decision and rationale within ninety days of the meeting.
Enphase Energy reported first quarter 2026 revenue of $282.9 million, down from $343.3 million in the prior quarter, as U.S. demand softened after the expiration of a key residential tax credit. GAAP results showed a net loss of $7.4 million, or $(0.06) per diluted share, while non-GAAP metrics remained profitable with net income of $62.3 million and non‑GAAP diluted EPS of $0.47.
Non‑GAAP gross margin was 43.9%, helped by safe harbor revenue of $34.5 million, while reciprocal tariffs reduced margins by 4.3 percentage points. The company generated $82.97 million of free cash flow and ended the quarter with $930.6 million in cash, cash equivalents and marketable securities.
Enphase settled $632.5 million of 0.0% convertible notes due 2026 for cash and sold $235.0 million of advanced manufacturing production tax credits at 93% of face value. Operationally, it shipped about 1.41 million microinverters and 103.1 MWh of IQ Batteries, and announced development of its IQ Solid‑State Transformer platform targeting AI data centers. For the second quarter of 2026, Enphase projects revenue of $280 million to $310 million with non‑GAAP gross margin between 44% and 47%.
Enphase Energy entered a Tax Credit Transfer Agreement on March 31, 2026 to sell $235,000,000 of advanced manufacturing production tax credits generated in 2025 to a financial institution. The purchase price was $218,550,000, paid in a single installment on the effective date.
The tax credits were sold at 93% of face value, creating an approximate $16.5 million discount and about $2.5 million in transaction fees. Because these items relate to prior-year tax credits rather than current operations, Enphase plans to exclude them from its non‑GAAP results for Q1 2026 but include them in GAAP figures.
Including these amounts in GAAP, the company expects its Q1 2026 GAAP gross margin to be about 6.7 percentage points lower than prior guidance.
Enphase Energy, Inc. furnished an update on its financial results by issuing a press release covering the company’s performance for the fourth quarter ended December 31, 2025. The press release, dated February 3, 2026, is attached as Exhibit 99.1 and provides the detailed figures.
The company notes that this earnings information, included under Item 2.02 and in Exhibit 99.1, is being furnished rather than filed, which limits its exposure to certain securities law liabilities and controls how it may be incorporated by reference into future SEC documents.
Enphase Energy, Inc. announced a restructuring plan to better align its workforce and costs with business needs and a focus on profitable growth. The company will cut less than 6% of its staff, or about 160 employees, and shift some functions to lower-cost regions while emphasizing distribution-led sales in smaller markets, core product and software R&D, and greater use of AI and automation.
Enphase expects about $4.6 million in restructuring and asset impairment charges, including $3.8 million for severance and benefits, $0.7 million for asset impairments, and $0.1 million related to office closures, with roughly $4.2 million incurred in the first quarter of 2026 and about $3.7 million in cash outlays. The company anticipates reducing non-GAAP operating expenses to $70–$75 million per quarter starting in the third quarter of 2026, with employee-related actions largely complete in the first half of 2026.
Enphase Energy (ENPH) furnished an update under Item 2.02, announcing it issued a press release with financial results for the third quarter ended September 30, 2025. The press release is included as Exhibit 99.1 and is titled “Enphase Energy Reports Financial Results for the Third Quarter of 2025.”
The information provided under Item 2.02 and in Exhibit 99.1 is being furnished, not filed, and is not subject to Section 18 liability nor incorporated by reference except as expressly stated in a future filing. The report also includes Exhibit 104, the cover page interactive data file. The 8‑K was signed by Executive Vice President and CFO Mandy Yang.