Enphase Energy Inc
For the period ended Dec 31, 2024. Filed Feb 10, 2025.
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FY2024 · Filed Feb 10, 2025
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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Consolidated Balance Sheets
| As of | ||
|---|---|---|
| December 31,2024 | December 31,2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $369,110 | $288,748 |
| Restricted cash | 95,006 | — |
| Marketable securities | 1,253,480 | 1,406,286 |
| Accounts receivable, net of allowances of $7,788 and $2,502 at December 31, 2024 and December 31, 2023, respectively | 223,749 | 445,959 |
| Inventory | 165,004 | 213,595 |
| Prepaid expenses and other current assets | 220,735 | 88,930 |
| Total current assets | 2,327,084 | 2,443,518 |
| Property and equipment, net | 147,514 | 168,244 |
| Operating lease, right of use asset, net | 24,617 | 19,887 |
| Intangible assets, net | 42,398 | 68,536 |
| Goodwill | 211,571 | 214,562 |
| Other assets | 180,925 | 215,895 |
| Deferred tax assets, net | 315,567 | 252,370 |
| Total assets | $3,249,676 | $3,383,012 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $90,032 | $116,164 |
| Accrued liabilities | 196,887 | 261,919 |
| Deferred revenues, current | 237,225 | 118,300 |
| Warranty obligations, current | 34,656 | 36,066 |
| Debt, current | 101,291 | — |
| Total current liabilities | 660,091 | 532,449 |
| Long-term liabilities: | ||
| Deferred revenues, non-current | 341,982 | 369,172 |
| Warranty obligations, non-current | 158,233 | 153,021 |
| Other liabilities | 55,265 | 51,008 |
| Debt, non-current | 1,201,089 | 1,293,738 |
| Total liabilities | 2,416,660 | 2,399,388 |
| Commitments and contingencies (Note 14) | ||
| Stockholders’ equity: | ||
| Common stock, $0.00001 par value, 300,000 shares authorized; and 132,448 shares and 135,722 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | 1 | 1 |
| Additional paid-in capital | 1,084,573 | 939,338 |
| Accumulated earnings (deficit) | (245,206) | 46,273 |
| Accumulated other comprehensive loss | (6,352) | (1,988) |
| Total stockholders’ equity | 833,016 | 983,624 |
| Total liabilities and stockholders’ equity | $3,249,676 | $3,383,012 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.