ENPH — Enphase Energy Income Statement

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Annual income statement for Enphase Energy, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	PRESS
Standards:	USG	USG	USG	USG	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	1,382	2,331	2,291	1,330	1,473
Cost of Revenue
Gross Profit	554	975	1,058	629	687
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	1,223	1,883	1,845	1,253	1,315
Operating Profit	159	448	446	77.3	158
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	121	452	513	120	205
Provision for Income Taxes
Net Income After Taxes	145	397	439	103	172
Net Income Before Extraordinary Items
Net Income	145	397	439	103	172
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	145	397	439	103	172
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	1.3	2.78	3.16	0.814	1.43