enph: the income statement

MyFinsight

For the quarter ending 2025-09-30, ENPH made $410,427K in revenue. $66,638K in net income. Net profit margin of 16.24%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Net revenues	410,427	363,153	-	380,873
Cost of revenues	214,188	192,660	-	202,702
Gross profit	196,239	170,493	168,241	178,171
Research and development	47,266	45,421	50,174	47,843
Sales and marketing	48,429	50,708	48,948	49,671
General and administrative	33,098	34,035	34,035	30,192
Restructuring and asset impairment charges	1,287	3,322	3,162	677
Total operating expenses	130,080	133,486	136,319	128,383
Income from operations	66,159	37,007	31,922	49,788
Interest income	15,429	14,911	17,032	19,977
Interest expense	830	815	2,047	2,237
Other expense, net	-3,739	-8,898	-14	-16,785
Total other income, net	10,860	5,198	14,971	955
Income before income taxes	77,019	42,205	46,893	50,743
Income tax provision	10,381	5,153	17,163	4,981
Net income	66,638	37,052	29,730	45,762

Basic (in shares)	130,797,000	131,031,000	131,869,000	135,329,000
Basic (in usd per share)	0.51	0.28	0.23	0.34
Diluted (in shares)	132,995,000	135,219,000	136,208,000	139,914,000
Diluted (in usd per share)	0.5	0.28	0.22	0.33