{"schema_version":"secwatch.filing_event.v1","accession":"0001463101-23-000163","form_type":"8-K","ticker":"ENPH","cik":"0001463101","company_name":"Enphase Energy, Inc.","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.136908+00:00","generated_at":"2026-06-09T08:25:00.372175+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Enphase Q3 rev $551M (-22.5% QoQ), EPS $0.80; guides Q4 $300-350M on weak Europe demand","bullets":["Q3 revenue $551.1M vs $711.1M QoQ and $634.7M YoY; GAAP diluted EPS $0.80, non-GAAP $1.02.","Q4 revenue guidance slashed to $300-350M (down 36-46% QoQ) on high distributor inventory and softening demand in Europe and US.","Europe revenue fell 34% QoQ; US down 16%; macroeconomic conditions and inventory bloat cited.","Non-GAAP gross margin 48.4% (up 220bps QoQ) helped by net IRA benefit of 2.6%; operating income $167.6M non-GAAP.","Ended Q3 with $1.78B cash; repurchased $110M in stock; Q3 operating cash flow $145.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0001463101-23-000163","json":"https://secwatch.observer/filing/0001463101-23-000163.json","markdown":"https://secwatch.observer/filing/0001463101-23-000163.md","text":"https://secwatch.observer/filing/0001463101-23-000163.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1463101/000146310123000163/0001463101-23-000163-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1463101/000146310123000163/enph-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T08:25:00.372175+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1e8ddef283c8b889e2626d9346328c8a68d0ec81","claim":"Enphase Energy, Inc. reported Q3 2023 results: revenue 551.1 million, net income 114.0 million, EPS 0.80.","evidence_excerpt":"We reported quarterly revenue of $551.1 million in the third quarter of 2023, along with 48.4% for non-GAAP gross margin.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1463101/000146310123000163/0001463101-23-000163-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q3 2023"},{"label":"Revenue","value":"551.1 million"},{"label":"Net income","value":"114.0 million"},{"label":"EPS","value":"0.80"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"1e8ddef283c8b889e2626d9346328c8a68d0ec81","claim":"Enphase Energy, Inc. reported Q3 2023 results: revenue 551.1 million, net income 114.0 million, EPS 0.80.","evidence_excerpt":"GAAP net income of $114.0 million; non-GAAP net income of $141.8 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1463101/000146310123000163/0001463101-23-000163-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q3 2023"},{"label":"Revenue","value":"551.1 million"},{"label":"Net income","value":"114.0 million"},{"label":"EPS","value":"0.80"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"1e8ddef283c8b889e2626d9346328c8a68d0ec81","claim":"Enphase Energy, Inc. reported Q3 2023 results: revenue 551.1 million, net income 114.0 million, EPS 0.80.","evidence_excerpt":"today financial results for the third quarter of 2023, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $551.1 million in the third quarter of 2023, along with 48.4% for non-GAAP gross margin. We shipped 3,905,239 microinverters, or approximately 1,585.6 megawatts DC, and 86.2 megawatt hours of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1463101/000146310123000163/0001463101-23-000163-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q3 2023"},{"label":"Revenue","value":"551.1 million"},{"label":"Net income","value":"114.0 million"},{"label":"EPS","value":"0.80"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}