ENPH

Enphase Energy

Technology Solar NASDAQ

About the company

Enphase Energy, a global leader in energy technology, is revolutionizing the way we generate and manage solar power. With their innovative solutions, the company is at the forefront of the clean energy transition, enabling individuals and businesses to harness the power of the sun more efficiently than ever before. One of Enphase Energy's key offerings is their microinverter technology, which has become the industry standard for rooftop solar installations. Unlike traditional string inverters that are prone to efficiency losses and system failures, Enphase's microinverters operate independently, ensuring that each solar panel performs optimally regardless of shading or other environmental factors. This groundbreaking technology maximizes the energy output of each panel, improving the overall performance and reliability of the entire solar system. In addition to boosting efficiency, microinverters also enhance safety by eliminating high-voltage DC wiring, reducing the risk of electrical hazards. Enphase Energy's commitment to innovation doesn't stop at microinverters. The company is dedicated to providing comprehensive solutions that address the evolving needs of the solar industry. They have developed a fully integrated solar-plus-storage solution, which enables homeowners and businesses to not only generate their own clean energy but also store the excess power for use during peak demand or at night. This energy storage capability ensures a constant, reliable power supply and gives customers the flexibility to reduce their reliance on the grid, ultimately resulting in lower energy bills and increased energy independence. Enphase's holistic approach to energy management extends beyond solar generation and storage. Their intelligent monitoring and communication platform, Enlighten, provides real-time data on energy production, consumption, and system performance. This user-friendly interface allows customers to monitor their energy usage, track savings, and even remotely control their system through a mobile app. By providing valuable insights and analytics, Enlighten empowers users to make informed decisions about their energy consumption, ultimately helping them save money and reduce their carbon footprint. While Enphase Energy operates globally, the United States remains their largest market, generating a majority of their revenue. With a strong focus on residential and commercial installations, Enphase has played a crucial role in the rapid growth of solar power adoption in the country. Their reliable and user-friendly solutions have made solar energy more accessible to a wider audience, driving the transition towards a more sustainable and decentralized energy system. In conclusion, Enphase Energy is a trailblazing energy technology company that is reshaping the way we produce and manage solar power. Their microinverter technology, integrated solar-plus-storage solutions, and intelligent monitoring platform have set new industry standards, driving the widespread adoption of solar energy. With a focus on innovation, reliability, and sustainability, Enphase is paving the way towards a cleaner and more resilient energy future.

Website: https://www.enphase.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Technology · 874 peers in sector

Metric ENPH Sector median Vs. industry
P/E 63.11 32.63 ↑ Above average
EPS 1.01 USD -0.04 USD ↑ Above average
Dividend yield 0.00% 0.00%
Profit margin 9.64% 0.00% ↑ Above average
ROE 14.11% 0.00% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is Enphase Energy?
Enphase Energy, a global leader in energy technology, is revolutionizing the way we generate and manage solar power. With their innovative solutions, the company is at the forefront of the clean energy transition, enabling individuals and businesses to harness the power of the sun more efficiently than ever before. One of Enphase Energy's key offerings is their microinverter technology, which has become the industry standard for rooftop solar installations. Unlike traditional string inverters that are prone to efficiency losses and system failures, Enphase's microinverters operate independently, ensuring that each solar panel performs optimally regardless of shading or other environmental factors. This groundbreaking technology maximizes the energy output of each panel, improving the overall performance and reliability of the entire solar system. In addition to boosting efficiency, microinverters also enhance safety by eliminating high-voltage DC wiring, reducing the risk of electrical hazards. Enphase Energy's commitment to innovation doesn't stop at microinverters. The company is dedicated to providing comprehensive solutions that address the evolving needs of the solar industry. They have developed a fully integrated solar-plus-storage solution, which enables homeowners and businesses to not only generate their own clean energy but also store the excess power for use during peak demand or at night. This energy storage capability ensures a constant, reliable power supply and gives customers the flexibility to reduce their reliance on the grid, ultimately resulting in lower energy bills and increased energy independence. Enphase's holistic approach to energy management extends beyond solar generation and storage. Their intelligent monitoring and communication platform, Enlighten, provides real-time data on energy production, consumption, and system performance. This user-friendly interface allows customers to monitor their energy usage, track savings, and even remotely control their system through a mobile app. By providing valuable insights and analytics, Enlighten empowers users to make informed decisions about their energy consumption, ultimately helping them save money and reduce their carbon footprint. While Enphase Energy operates globally, the United States remains their largest market, generating a majority of their revenue. With a strong focus on residential and commercial installations, Enphase has played a crucial role in the rapid growth of solar power adoption in the country. Their reliable and user-friendly solutions have made solar energy more accessible to a wider audience, driving the transition towards a more sustainable and decentralized energy system. In conclusion, Enphase Energy is a trailblazing energy technology company that is reshaping the way we produce and manage solar power. Their microinverter technology, integrated solar-plus-storage solutions, and intelligent monitoring platform have set new industry standards, driving the widespread adoption of solar energy. With a focus on innovation, reliability, and sustainability, Enphase is paving the way towards a cleaner and more resilient energy future.
Are Enphase Energy shares expensive?
The price-to-earnings (P/E) ratio of Enphase Energy is 63.11 — the share price is 63.11 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 32.63). This is information, not a recommendation. (as of 2026-06-02)
How big is Enphase Energy?
The market capitalization of Enphase Energy — the combined value of all its shares — is 8.40 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does Enphase Energy pay dividends?
The dividend yield of Enphase Energy is 0.00% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does Enphase Energy belong to?
Enphase Energy operates in the Technology sector, industry: Solar.

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