secwatch.observer — SEC 8-K summary
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Issuer:     Enphase Energy, Inc. (ENPH)
CIK:        0001463101
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0001463101-22-000093
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enphase Q2 record revenue $530.2M, non-GAAP EPS $1.07; Q3 guidance $590-630M
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- Record revenue $530.2M, up 20% QoQ and 68% YoY; GAAP diluted EPS $0.54, non-GAAP $1.07.
- Shipped 3.35M microinverters (1,213 MW DC) and 132.4 MWh IQ Batteries (up 10% QoQ).
- Non-GAAP gross margin 42.2% (up 120 bps QoQ); free cash flow $192M; cash $1.25B.
- Q3 2022 guidance: revenue $590-630M, non-GAAP gross margin 39-42%, battery shipments 130-145 MWh.
- European revenue up 69% QoQ; IQ8 Microinverters 37% of shipments; ADT Solar exclusive deal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1463101/000146310122000093/0001463101-22-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1463101/000146310122000093/enph-20220726.htm
  HTML page:      https://secwatch.observer/filing/0001463101-22-000093

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