ENPHASE ENERGY INC (ENPH) Earnings History & Surprises

NASDAQ:ENPH • US29355A1079

40.23 USD
-0.92 (-2.24%)
At close: Mar 6, 2026
40.15 USD
-0.08 (-0.2%)
After Hours: 3/6/2026, 8:14:12 PM

Past quarterly earnings results for ENPHASE ENERGY INC (ENPH), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateApr 20, 2026
PeriodQ1 / 2026
EPS Estimate$0.44
Revenue Estimate289.58M

Last Reported

Most Recent
Release DateFeb 3, 2026
PeriodQ4 / 2025
EPS Reported$0.71
EPS Surprise 19.68%
Revenue Surprise -1.18%

Beat Rate

Last 8 Quarters
31%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (USD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 0.71 0.59 19.68% -24.47% 343.321M 347.41M -1.18% -10.29%
Q3 2025 0.90 0.66 36.27% 38.46% 410.427M 373.77M 9.81% 7.76%
Q2 2025 0.69 0.63 8.83% 60.47% 363.153M 366.86M -1.01% 19.67%
Q1 2025 0.68 0.72 -5.07% 94.29% 356.084M 368.12M -3.27% 35.22%
Q4 2024 0.94 0.74 27.34% 74.07% 382.713M 385.16M -0.64% 26.49%
Q3 2024 0.65 0.78 -16.87% -36.27% 380.873M 399.95M -4.77% -30.89%
Q2 2024 0.43 0.49 -11.56% -70.75% 303.458M 316.08M -3.99% -57.33%
Q1 2024 0.35 0.39 -11.23% -74.45% 263.339M 285.37M -7.72% -63.73%
Q4 2023 0.54 0.56 -4.09% -64.24% 302.57M 334.49M -9.54% -58.25%
Q3 2023 1.02 1.03 -1.25% -18.40% 551.082M 577.61M -4.59% -13.17%
Q2 2023 1.47 1.27 15.31% 37.38% 711.118M 736.61M -3.46% 34.12%
Q1 2023 1.37 1.24 10.84% 73.42% 726M 747.12M -2.83% 64.51%
Q4 2022 1.51 1.27 18.90% 106.85% 724.7M 720.64M 0.56% 75.60%
Q3 2022 1.25 1.10 13.45% 108.33% 634.7M 627.06M 1.22% 80.57%
Q2 2022 1.07 0.85 25.22% 101.89% 530.2M 514.62M 3.03% 67.73%
Q1 2022 0.79 0.68 16.24% 41.07% 441.3M 440.92M 0.09% 46.22%
Q4 2021 0.73 0.59 23.75% 43.14% 412.7M 404.67M 1.98% 55.85%
Q3 2021 0.60 0.49 21.85% 100.00% 351.5M 350.44M 0.30% 96.92%
Q2 2021 0.53 0.44 21.46% 211.76% 316.1M 317.65M -0.49% 151.87%
Q1 2021 0.56 0.46 22.75% 47.37% 301.8M 298.08M 1.25% 46.86%
Q4 2020 0.51 0.41 23.58% - 264.8M 259.9M 1.89% -
Q3 2020 0.30 0.25 22.08% - 178.5M 172.48M 3.49% -
Q2 2020 0.17 0.15 14.94% - 125.5M 125.5M - -
Q1 2020 0.38 0.32 17.76% - 205.5M 205.7M -0.10% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

ENPH EPS Q2Q GrowthENPH EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 Q1/28 Q3/28 0 50 -50 100 150 200

Revenue Historical Q2Q growth and Acceleration

ENPH Revenue Q2Q GrowthENPH Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 Q1/28 Q3/28 0 50 -50 100 150

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
3
Average EPS beat (4)
14.93%
Max EPS beat (4)
36.27%
Min EPS beat (4)
-5.07%

Revenue beat statistics

Revenue beat (4)
1
Average Revenue beat (4)
1.09%
Max Revenue beat (4)
9.81%
Min Revenue beat (4)
-3.27%

Analysis

In the last 4 quarters, ENPH has beaten EPS estimates in 3 out of 4 releases
ENPH has beaten revenue estimates in 1 out of the last 4 releases
In the last 4 quarters, ENPH has beaten the EPS estimates by 14.9% on average.
In the last 4 quarters, ENPH has beaten the revenue estimates by 1.1% on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

ENPHASE ENERGY INC / ENPH Earnings FAQ

What is the most recent earnings date for ENPH stock?

ENPHASE ENERGY INC (ENPH) last reported earnings on 2/3/2026.


Did ENPHASE ENERGY INC (ENPH) beat earnings estimates last quarter?

ENPHASE ENERGY INC (ENPH) beat EPS estimates and missed revenue estimates in the most recent quarter.


What percentage of the time does ENPH stock beat earnings estimates?

In the last 4 quarters, ENPHASE ENERGY INC (ENPH) has beaten EPS estimates in 3 out of 4 releases.