Enphase Energy, Inc. (ENPH) Form 8-K — Oct 27, 2026
Enphase Energy reported Q3 2026 revenue of $293.3 million, roughly flat sequentially but down about 29% from $410.4 million a year ago, with GAAP diluted EPS of $0.17 and non-GAAP diluted EPS of $0.41. The quarter missed management's expectations: global sell-through grew only 1% sequentially versus a 10% target, U.S. sell-through fell 35% year-over-year, and Europe declined 12% sequentially on seasonality and soft French demand. The company attributed the U.S.
Key figures
- Eps
- 0.17
- Revenue
- 293329000
- Guidance
- Q4 2026 revenue $225.0-255.0M, GAAP gross margin 38.0-41.0%, non-GAAP gross margin 40.0-43.0%, non-GAAP opex $76.0-80.0M
- Net Income
- 23387000
- Revenue Yoy
- -28.6% (vs $410.4M in Q3 2025)
- Cash Position
- 931800000
- Capex
- 11500000
- Gaap gross margin
- 43.3%
- Non gaap net income
- 54000000
- Operating cash flow
- 90000
- Batteries shipped mwh
- 129.9
- Impairment eps impact
- $0.15 GAAP / $0.14 non-GAAP
- Non gaaap diluted eps
- 0.41
- Non gaap gross margin
- 45.0%
- Safe harbor revenue q3
- 85000000
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