Company / SG&A Expense
Enphase Energy SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$135.8M
FY2025
5-year range
$104.1M / $140.0M
FY2021-FY2025
Trend
+3.8%
vs FY2024
Sector context
#194 of 307
Information Technology
What the data says
At $136M, Enphase Energy's sg&a expense ranks #114 of 307 in the Information Technology sector. SG&A Expense returned to growth in FY2025 after 2 years of decline, reaching $136M.
Based on SEC 10-K filings.
$136M in FY2025 with a 5-year CAGR of +21.8%.
Remained stable around $136M over the past 2 years.
Information Technology sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- -1.0%
- 5-Year CAGR
- +21.8%
- 10-Year CAGR
- -
Sector benchmark
#114 of 307 in Information TechnologyTop 37% of 307This company $135.8M Sector average $695.9M
▼
-80.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +21.8%, indicating consistent growth.
- In FY2025, sg&a expense increased 3.8% year-over-year.
- Ranks #194 out of 307 companies in the Information Technology sector.
- Peak sg&a expense 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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $135.8M | +3.8% |
| FY2024 | $130.8M | -5.1% |
| FY2023 | $137.8M | -1.5% |
| FY2022 | $140.0M | +34.5% |
| FY2021 | $104.1M | +105.3% |
| FY2020 | $50.7M | +128.1% |
| FY2019 | $22.2M | -23.6% |
| FY2018 | $29.1M | +30.9% |
| FY2017 | $22.2M | -19.0% |
| FY2016 | $27.4M | -11.1% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026