Company / Operating Income
Enphase Energy Operating Income History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$157.5M
FY2025
5-year range
$77.3M / $448.3M
FY2021-FY2025
Trend
+103.8%
vs FY2024
Sector context
#109 of 301
Information Technology
What the data says
At $158M, Enphase Energy's operating income ranks #109 of 301 in the Information Technology sector. Operating Income returned to growth in FY2025 after 2 years of decline, reaching $158M.
Based on SEC 10-K filings.
$158M in FY2025 with a 5-year CAGR of -3.3%.
Declined from $446M to $158M over the past 2 years.
Information Technology sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -29.4%
- 5-Year CAGR
- -3.3%
- 10-Year CAGR
- -
Sector benchmark
#109 of 301 in Information TechnologyTop 36% of 301This company $157.5M Sector average $1.5B
▼
-89.5% below sector average
Key checks
Key Insights
- 5-year CAGR of -3.3%, indicating a declining trend.
- In FY2025, operating income increased 103.8% year-over-year.
- Ranks #109 out of 301 companies in the Information Technology sector.
- Peak operating income was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.97 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $157.5M | +103.8% |
| FY2024 | $77.3M | -82.7% |
| FY2023 | $445.7M | -0.6% |
| FY2022 | $448.3M | +107.7% |
| FY2021 | $215.8M | +15.8% |
| FY2020 | $186.4M | +573.5% |
| FY2019 | -$39.4M | -2567.3% |
| FY2018 | $1.6M | +104.1% |
| FY2017 | -$39.4M | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026