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AI brief of an SEC Form 8-K · Enphase Energy (ENPH)

Enphase Q3 revenue $380.9 million, up from Q2 but down from $551.1 million a year ago

Mixed Impact 3 of 5 earnings Written later

Enphase Energy reported third-quarter 2024 revenue of $380.9 million, up from $303.5 million in the second quarter but below $551.1 million in the third quarter of 2023. GAAP net income was $45.8 million, compared with $113.95 million a year earlier, and GAAP diluted EPS was $0.33 versus $0.80. The company gave a fourth-quarter 2024 revenue outlook of $360.0 million to $400.0 million.

Key points

  • Q3 2024 revenue $380.9 million vs. $303.5 million in Q2 2024 and $551.1 million in Q3 2023
  • GAAP net income $45.8 million and GAAP diluted EPS $0.33; non-GAAP diluted EPS $0.65 vs. $1.02 in Q3 2023
  • Q4 2024 revenue outlook $360.0 million to $400.0 million, with 140 to 160 megawatt hours of IQ Battery shipments
  • Free cash flow $161.6 million; cash, cash equivalents and marketable securities $1.77 billion at September 30, 2024

The filing

CompanyEnphase Energy (ENPH)
Form8-K, current report
Filed with the SECOct 22, 2024, 4:06 PM ET
Accession number0001463101-24-000140

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.