NASDAQ$ENPH
Enphase Energy Inc. · Q3 2025 earnings
Q3 2025 earnings · · After market close · Investor relations
Briefing
Enphase reported Q3 2025 net revenues of $410.4M with net income of $66.6M and diluted EPS of $0.50.
Third-quarter net revenues were $410.4 million with net income of $66.6 million and diluted EPS of $0.50 versus $0.33 a year ago. Microinverter shipments and safe-harbor order timing influenced cash flow; management continues to focus on U.S. residential solar attach rates and international expansion.
- Q3 net revenues $410.4M; net income $66.6M.
- Diluted EPS $0.50 (+52% YoY).
- Microinverter and battery storage demand remain core drivers.
- Channel inventory and tariff policy add quarterly volatility.
Headline financials
Revenue & EPS history
Enphase · Revenue · Quarterly
$410M
Forward guidance
The release discusses Enphase Energy's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.
Tailwinds
- Technology demand and product roadmaps support medium-term growth.
- Enphase Energy cites demand and execution supporting the near-term outlook.
- Liquidity and balance-sheet capacity support operations and shareholder returns.
Headwinds
- Macro, input costs, and FX may pressure margins quarter to quarter.
- Segment mix and one-time items can affect comparability versus prior periods.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2025
+2.5%
Avg return
Earnings day
+5.0%
Avg return
5 days after
+14.3%
Avg return
30 days after
52%
29 / 56 earnings
Positive
+39.3%
Q4 2019
Best reaction
-33.2%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +34.8% | +15.5% | +118.7% | |
| Q1 2026 | +4.5% | -5.2% | +98.9% | |
| Q3 2025 | -15.2% | -19.6% | -21.4% | |
| Q1 2025 | -15.6% | -13.0% | -25.8% | |
| Q4 2024 | -1.5% | -4.8% | -7.0% | |
| Q3 2024 | -13.2% | -7.3% | -29.7% | |
| Q2 2024 | +11.6% | +13.9% | +10.3% | |
| Q1 2024 | -3.0% | +1.3% | +6.3% | |
| Q4 2023 | +20.2% | +25.2% | +32.6% | |
| Q3 2023 | -13.0% | -15.7% | +6.2% | |
| Q2 2023 | -11.0% | -13.3% | -28.4% | |
| Q1 2023 | -27.1% | -26.9% | -26.7% | |
| Q4 2022 | -1.8% | -4.9% | -3.2% | |
| Q3 2022 | +15.2% | +20.5% | +24.7% | |
| Q2 2022 | +16.6% | +30.0% | +37.2% | |
| Q1 2022 | +5.1% | +2.4% | +13.4% | |
| Q4 2021 | +15.0% | +3.5% | +27.0% | |
| Q3 2021 | +20.5% | +29.1% | +42.2% | |
| Q2 2021 | +2.7% | +7.3% | -2.4% | |
| Q1 2021 | -14.9% | -19.3% | -17.6% | |
| Q4 2020 | +2.1% | +4.4% | -16.4% | |
| Q3 2020 | -0.8% | -5.4% | +34.1% | |
| Q2 2020 | +22.5% | +19.0% | +10.8% | |
| Q1 2020 | +19.8% | +30.2% | +17.4% | |
| Q4 2019 | +39.3% | +43.8% | -36.1% | |
| Q3 2019 | -26.3% | -26.0% | -9.4% | |
| Q2 2019 | +32.8% | +37.4% | +46.9% | |
| Q1 2019 | +27.1% | +35.5% | +54.5% | |
| Q4 2018 | +10.0% | +12.9% | +12.7% | |
| Q3 2018 | +4.6% | +3.2% | +8.9% | |
| Q2 2018 | -1.6% | -5.6% | -17.1% | |
| Q1 2018 | +11.6% | +3.6% | +38.1% | |
| Q4 2017 | +23.9% | +28.0% | +70.5% | |
| Q3 2017 | +17.4% | +32.2% | +87.9% | |
| Q2 2017 | +6.7% | -5.7% | +49.4% | |
| Q1 2017 | -9.4% | -29.1% | -32.5% | |
| Q4 2016 | -15.3% | -22.6% | -28.9% | |
| Q3 2016 | +17.0% | +17.0% | +11.0% | |
| Q2 2016 | -1.1% | +4.4% | +0.6% | |
| Q1 2016 | -18.0% | — | — | |
| Q4 2015 | -10.4% | — | — | |
| Q3 2015 | -33.2% | — | — | |
| Q2 2015 | +27.6% | — | — | |
| Q1 2015 | -12.8% | — | — | |
| Q4 2014 | -7.2% | — | — | |
| Q3 2014 | -18.8% | — | — | |
| Q2 2014 | +13.8% | — | — | |
| Q1 2014 | +7.3% | — | — | |
| Q4 2013 | +10.5% | — | — | |
| Q3 2013 | +0.9% | — | — | |
| Q2 2013 | -9.1% | — | — | |
| Q1 2013 | -5.2% | — | — | |
| Q4 2012 | +5.4% | — | — | |
| Q3 2012 | -12.8% | — | — | |
| Q2 2012 | -8.2% | — | — | |
| Q1 2012 | -0.4% | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — | |
| Q4 2010 | — | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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