---
schema_version: "secwatch.filing_event.v1"
accession: "0001463101-23-000015"
form_type: "8-K"
ticker: "ENPH"
cik: "0001463101"
company_name: "Enphase Energy, Inc."
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T22:48:10.717909+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Enphase Q4 2022 record revenue $724.7M; non-GAAP EPS $1.51; Q1 2023 rev guidance $700-740M

## Summary
- GAAP revenue $724.7M (+14% QoQ, +76% YoY); GAAP diluted EPS $1.06, non-GAAP $1.51.
- Non-GAAP gross margin 43.8% vs 42.9% Q3 2022; IQ8 microinverters 55% of shipments.
- IQ Battery shipments 122.1 MWh; ~2,300 certified battery installers globally.
- Q1 2023 outlook: revenue $700-740M, non-GAAP gross margin 41-44%, battery 100-120 MWh.
- Ended Q4 with $1.61B cash; free cash flow $237.3M; plans US manufacturing in Q2 2023.

## SEC filing metadata
- accession: 0001463101-23-000015
- form_type: 8-K
- ticker: ENPH
- cik: 0001463101
- company_name: Enphase Energy, Inc.
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463101/000146310123000015/0001463101-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463101/000146310123000015/enph-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001463101-23-000015
- JSON: https://secwatch.observer/filing/0001463101-23-000015.json
- Plain text: https://secwatch.observer/filing/0001463101-23-000015.txt

## Key facts
- Earnings Releases
  Enphase Energy, Inc. reported the fiscal year 2022 results: revenue $2,330,853, net income $397,362, EPS $2.77.
  - Period: the fiscal year 2022
  - Revenue: $2,330,853
  - Net income: $397,362
  - EPS: $2.77
  - Result: reported results
  source text: fiscal year 2022 are provided below, compared with the prior year: (In thousands, except per share and percentage data) GAAP Non-GAAP FY 2022 FY 2021 FY 2022 FY 2021 Revenue $ 2,330,853 $ 1,382,049 $ 2,330,853 $ 1,382,049 Gross margin 41.8 % 40.1 % 42.6 % 40.7 % Operating expenses $ 526,334 $ 338,590 $ 303,724 $ 220,918 Operating income $ 448,261 $ 215,832 $
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463101/000146310123000015/0001463101-23-000015-index.htm
- Earnings Releases
  Enphase Energy, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $724.7 million, net income $153.8 million, EPS $1.06.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $724.7 million
  - Net income: $153.8 million
  - EPS: $1.06
  - Result: reported results
  source text: today financial results for the fourth quarter of 2022, which included the summary below from its President and CEO, Badri Kothandaraman. We reported record quarterly revenue of $724.7 million in the fourth quarter of 2022, along with 43.8% for non-GAAP gross margin. We shipped 4,873,702 microinverters, or approximately 1,952.4 megawatts DC, and 122.1 megawatt hours of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463101/000146310123000015/0001463101-23-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.