Enphase Energy Inc

For the period ended Jun 30, 2024. Filed Jul 23, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Jul 23, 2024

ENPH$29.08+2.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except per share data)

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Net revenues	$303,458	$711,118	$566,797	$1,437,134
Cost of revenues	166,292	387,776	314,123	787,421
Gross profit	137,166	323,342	252,674	649,713
Operating expenses:
Research and development	48,871	60,043	103,082	117,172
Sales and marketing	51,775	58,405	105,082	123,026
General and administrative	33,550	34,397	68,732	70,662
Restructuring and asset impairment charges	1,171	177	3,078	870
Total operating expenses	135,367	153,022	279,974	311,730
Income (loss) from operations	1,799	170,320	(27,300)	337,983
Other income, net
Interest income	19,203	16,526	38,912	29,566
Interest expense	(2,220)	(2,219)	(4,416)	(4,375)
Other income (expense), net	(7,566)	(33)	(7,479)	393
Total other income, net	9,417	14,274	27,017	25,584
Income (loss) before income taxes	11,216	184,594	(283)	363,567
Income tax provision	(383)	(27,403)	(4,981)	(59,503)
Net income (loss)	$10,833	$157,191	$(5,264)	$304,064
Net income (loss) per share
Basic	$0.08	$1.15	$(0.04)	$2.23
Diluted	$0.08	$1.09	$(0.04)	$2.11
Shares used in per share calculation:
Basic	135,646	136,607	135,768	136,650
Diluted	136,123	145,098	135,768	145,608

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.