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

Enphase Energy Q2 revenue rises to $363.2 million; GAAP net income $37.1 million

Positive Impact 3 of 5 earnings Written later

Enphase Energy reported second-quarter 2025 revenue of $363.2 million, up from $303.5 million a year earlier and $356.1 million in the first quarter, and GAAP net income of $37.1 million, or $0.28 per diluted share. The company also gave a third-quarter 2025 revenue outlook of $330.0 million to $370.0 million, with a GAAP gross margin range of 41.0% to 44.0%, so shareholders can compare the outlook with the quarter's results.

Key points

  • Q2 2025 GAAP diluted EPS was $0.28 versus $0.08 in Q2 2024; non-GAAP diluted EPS was $0.69 versus $0.43.
  • Safe harbor revenue was $40.4 million, down from $54.3 million in the first quarter.
  • Free cash flow was $18.4 million, compared with $117.4 million in Q2 2024; cash and marketable securities ended at $1.53 billion.
  • Third-quarter 2025 outlook: revenue of $330.0 million to $370.0 million and non-GAAP operating expenses of $78.0 million to $82.0 million.

The filing

CompanyEnphase Energy (ENPH)
Form8-K, current report
Filed with the SECJul 22, 2025, 4:06 PM ET
Accession number0001463101-25-000099

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits 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 July 22, 2025.

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.