Enphase Energy Inc. (NASDAQ: ENPH)
Solar · Fremont, CA, United States · Founded 2006
- Market capitalization: $12.0 billion
- Annual revenue: $1.47 billion
- Net income: $0.17 billion
- Employees: 3,000
- Sector: Technology
- Headquarters: Fremont, United States
- Founded: 2006
Source: Statvoo company profile for Enphase Energy Inc.. Browse all 500+ companies
Enphase makes microinverters for residential solar systems — the devices that convert DC power from solar panels into AC power for your home. They also sell batteries and EV chargers, building a complete home energy management system. The microinverter approach (one per panel) competes with string inverters from companies like SolarEdge.
Sell microinverters and batteries to solar installers, who put them on residential rooftops. Each solar installation requires one microinverter per panel, so revenue scales with the number of panels installed. The IQ8 microinverter can form a microgrid during power outages, adding a premium feature.
Founded in 2006 by Raghu Belur and Martin Fornage in Petaluma, California, Enphase went public in 2012. They nearly went bankrupt in 2016 before a turnaround under CEO Badri Kothandaraman. The IQ7 and IQ8 microinverter generations drove massive growth, and the stock returned over 10,000% from its 2017 lows to 2022 highs.
| Market Capitalization | $12.0B |
| Annual Revenue | $1.47B |
| Net Income | $0.17B |
| Profit Margin | 12% |
| Revenue per Employee | $490000K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | ENPH |
Financial data is approximate and based on most recent annual filings.
Enphase's stock went from under $1 in 2017 to over $300 in 2022 — one of the most dramatic turnarounds in clean energy. The company has shipped over 75 million microinverters, enough to power millions of homes.
Enphase is the premium choice in residential solar, but the sector's boom-bust cycles are brutal. The battery and EV charger expansion diversifies revenue, which they desperately need.
What is Enphase Energy Inc.'s revenue?
Enphase Energy Inc. generates approximately $1.47 billion in annual revenue.
How many employees does Enphase Energy Inc. have?
Enphase Energy Inc. employs approximately 3,000 people worldwide.
What is Enphase Energy Inc.'s market cap?
Enphase Energy Inc. (ENPH) has a market capitalization of approximately $12.0 billion on the NASDAQ.
When was Enphase Energy Inc. founded?
Enphase Energy Inc. was founded in 2006 and is headquartered in Fremont, CA, United States.
Who is the CEO of Enphase Energy Inc.?
Badri Kothandaraman is the current CEO of Enphase Energy Inc..
What is Enphase Energy Inc.'s website?
Enphase Energy Inc.'s official website is enphase.com.
| CEO | Badri Kothandaraman |
| Sector | Technology |
| Industry | Solar |
| Founded | 2006 |
| HQ | Fremont, CA |
| Country | United States |
| Website | enphase.com |
See traffic, security, and technical data for Enphase Energy Inc.'s website:
📊 enphase.com stats 📋 WHOIS 🌐 DNS 🔒 SSL