---
schema_version: "secwatch.filing_event.v1"
accession: "0001463101-23-000083"
form_type: "8-K"
ticker: "ENPH"
cik: "0001463101"
company_name: "Enphase Energy, Inc."
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T16:03:52.906829+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Enphase Q1 revenue $726M, GAAP EPS $1.02; guides Q2 rev $700-750M

## Summary
- Revenue $726M, up 64% YoY; GAAP diluted EPS $1.02, non-GAAP $1.37.
- Non-GAAP gross margin 45.7%, up from 41.0% YoY.
- Shipped 4.83M microinverters, 102.4 MWh of IQ Batteries.
- Q2 guidance: revenue $700-750M, non-GAAP gross margin 42-45%.
- Cash and marketable securities $1.78B; free cash flow $223.8M.

## SEC filing metadata
- accession: 0001463101-23-000083
- form_type: 8-K
- ticker: ENPH
- cik: 0001463101
- company_name: Enphase Energy, Inc.
- filed_at: 2023-04-25T23:59:59+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/1463101/000146310123000083/0001463101-23-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463101/000146310123000083/enph-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001463101-23-000083
- JSON: https://secwatch.observer/filing/0001463101-23-000083.json
- Plain text: https://secwatch.observer/filing/0001463101-23-000083.txt

## Key facts
- Earnings Releases
  Enphase Energy, Inc. reported the first quarter of 2023 results: revenue $726.0 million, net income $146.9 million, EPS $1.02. Guidance initiated.
  - Period: the first quarter of 2023
  - Revenue: $726.0 million
  - Net income: $146.9 million
  - EPS: $1.02
  - Guidance: initiated
  - Result: reported results
  source text: Financial highlights for the first quarter of 2023 are listed below: • Quarterly revenue of $726.0 million • GAAP gross margin of 45.0%; non-GAAP gross margin of 45.7% • GAAP operating income of $167.7 million; non-GAAP operating income of $233.6 million • GAAP net income of $146.9 million; non-GAAP net income of $192.3 million • GAAP diluted earnings per share of $1.02; non-GAAP diluted earnings per share of $1.37
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463101/000146310123000083/0001463101-23-000083-index.htm

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