Name | Value |
---|---|
Revenues | 380.9M |
Cost of Revenue | 202.7M |
Gross Profit | 178.2M |
Operating Expense | 128.4M |
Operating I/L | 49.8M |
Other Income/Expense | 1.0M |
Interest Income | 20.0M |
Pretax | 50.7M |
Income Tax Expense | 5.0M |
Net Income/Loss | 45.8M |
Enphase Energy, Inc. specializes in designing, developing, manufacturing, and selling home energy solutions for the solar photovoltaic industry. The company's primary product is a semiconductor-based microinverter that converts energy at the individual solar module level, complemented by proprietary networking and software technologies for energy monitoring and control services. Additionally, Enphase offers AC battery storage systems, Envoy communications gateway, Enlighten cloud-based monitoring service, and other accessories. The company generates revenue by selling its solutions to solar distributors, large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program and online store.