Oct 29, 4:06 PM ET
Enphase Energy entered a Tax Credit Transfer Agreement on October 28, 2026, with an unnamed corporate purchaser to sell up to $100 million of advanced manufacturing production tax credits generated in calendar 2026. The purchase price is capped at $92 million, payable in two installments during 2026 and 2027, which provides a source of cash tied to its US component production.
- Credits cover up to $100 million of Section 45X production tax credits from 2026 US component production and sales.
- Purchase price will not exceed $92 million, paid in two installments in 2026 and 2027.
- Each payment is subject to customary conditions, including no default and accurate company representations.
- The filing does not name the purchaser or state the effect on earnings.
Read the filing on SEC.gov ↗
Oct 27, 4:07 PM ET
Enphase Energy reported third-quarter 2026 revenue of $293.3 million, slightly up from $291.9 million in the second quarter but down from $410.4 million a year earlier. GAAP net income fell to $23.4 million, or $0.17 per diluted share, from $66.6 million a year earlier, and the company guided fourth-quarter revenue to $225.0 million to $255.0 million, below the third-quarter level.
- Q3 2026 GAAP diluted EPS was $0.17 versus $0.50 in Q3 2025; non-GAAP diluted EPS was $0.41 versus $0.90, with an impairment in investments reducing EPS by $0.15 on a GAAP basis.
- U.S. sell-through rose 5% sequentially but fell 35% year over year; Europe sell-through fell 12% sequentially.
- Fourth-quarter 2026 guidance calls for GAAP gross margin of 38.0% to 41.0% and revenue of $225.0 million to $255.0 million, including about $51.2 million of safe harbor revenue.
Read the filing on SEC.gov ↗
Jul 28, 4:06 PM ET
Enphase reported second-quarter 2026 revenue of $291.9 million, up from $282.9 million in the first quarter but down from $363.2 million a year earlier. GAAP net income was $36.1 million, or $0.27 per diluted share, after a loss in the first quarter, helped by $52.0 million of U.S. customs tariff refunds, while non-GAAP diluted EPS was $0.46 versus $0.47 in the first quarter and $0.69 a year earlier. The company guided third-quarter 2026 revenue to $290.0 million to $320.0 million.
- Q2 2026 revenue $291.9 million vs $282.9 million in Q1 2026 and $363.2 million in Q2 2025
- GAAP diluted EPS $0.27 vs a loss of $0.06 in Q1 2026; non-GAAP diluted EPS $0.46 vs $0.47 in Q1 2026
- Received about $41.0 million in CBP tariff refunds in Q2 plus $11.0 million after quarter end; $45.4 million recognized as a gross profit increase
- Q3 2026 outlook: revenue $290.0 million to $320.0 million; GAAP gross margin 42.0% to 45.0%
Read the filing on SEC.gov ↗
Jun 15, 4:15 PM ET
Enphase Energy increased its board to eight directors and appointed Shanker Trivedi, former NVIDIA senior vice president, to fill the new seat, effective June 11, 2026. He also joined the Audit Committee, and his stock award is valued at a target of about $250,000. The filing describes a board addition rather than a change in company results or operations.
- Shanker Trivedi appointed to Class I board seat; term expires at the 2028 Annual Meeting
- Former NVIDIA Senior Vice President, Enterprise Business, from April 2016 until April 2026
- Initial restricted stock unit award with targeted delivered value of about $250,000, vesting in four installments from August 15, 2026 to May 15, 2027
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.