---
schema_version: "secwatch.filing_event.v1"
accession: "0001463101-23-000138"
form_type: "8-K"
ticker: "ENPH"
cik: "0001463101"
company_name: "Enphase Energy, Inc."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:18:32.856226+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Enphase Q2 revenue $711M, non-GAAP EPS $1.47; Q3 guidance below Q2 levels

## Summary
- Revenue $711.1M, GAAP diluted EPS $1.09, non-GAAP diluted EPS $1.47.
- US revenue fell 12% QoQ; Europe revenue rose 25% QoQ.
- Q3 guidance: revenue $550-600M (down QoQ); non-GAAP gross margin 42-45%.
- Board authorized new $1B share repurchase; prior $500M program completed in Q2.
- David Ranhoff remains full-time EVP/Chief Commercial Officer (reverses earlier part-time plan).

## SEC filing metadata
- accession: 0001463101-23-000138
- form_type: 8-K
- ticker: ENPH
- cik: 0001463101
- company_name: Enphase Energy, Inc.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463101/000146310123000138/0001463101-23-000138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463101/000146310123000138/enph-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001463101-23-000138
- JSON: https://secwatch.observer/filing/0001463101-23-000138.json
- Plain text: https://secwatch.observer/filing/0001463101-23-000138.txt

## Key facts
- Earnings Releases
  Enphase Energy, Inc. reported second quarter ended June 30, 2023 results: revenue $711.1 million, net income GAAP net income of $157.2 million, EPS GAAP diluted earnings per share of $1.09.
  - Period: second quarter ended June 30, 2023
  - Revenue: $711.1 million
  - Net income: GAAP net income of $157.2 million
  - EPS: GAAP diluted earnings per share of $1.09
  - Result: reported results
  source text: Financial highlights for the second quarter of 2023 are listed below: • Quarterly revenue of $711.1 million • GAAP gross margin of 45.5%; non-GAAP gross margin of 46.2% • GAAP operating income of $170.3 million; non-GAAP operating income of $230.5 million • GAAP net income of $157.2 million; non-GAAP net income of $205.6 million • GAAP diluted earnings per share of $1.09; non-GAAP diluted earnings per share of $1.47
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463101/000146310123000138/0001463101-23-000138-index.htm

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