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

Enphase Energy Q1 revenue $356.1 million, down from Q4; GAAP EPS $0.22

Mixed Impact 3 of 5 earnings Written later

Enphase Energy reported first-quarter 2025 revenue of $356.1 million, down from $382.7 million in the fourth quarter of 2024 but up from $263.3 million a year earlier. GAAP diluted earnings per share were $0.22, compared with $0.45 in the fourth quarter, and the company gave a second-quarter revenue outlook of $340.0 million to $380.0 million.

Key points

  • Revenue was $356.1 million, versus $382.7 million in Q4 2024 and $263.3 million in Q1 2024.
  • GAAP net income was $29.7 million, or $0.22 per diluted share; non-GAAP diluted EPS was $0.68, versus $0.94 in Q4 2024.
  • Q2 2025 revenue outlook is $340.0 million to $380.0 million, including about $40.0 million of safe harbor revenue.
  • The company repurchased 1,594,105 shares for about $100.0 million and paid off $102.2 million of convertible senior notes that matured March 1, 2025.

The filing

CompanyEnphase Energy (ENPH)
Form8-K, current report
Filed with the SECApr 22, 2025, 4:06 PM ET
Accession number0001463101-25-000054

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 April 22, 2025.

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.