{"schema_version":"secwatch.filing_event.v1","accession":"0001463101-24-000013","form_type":"8-K","ticker":"ENPH","cik":"0001463101","company_name":"Enphase Energy, Inc.","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.245601+00:00","generated_at":"2026-06-06T08:01:20.787029+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Enphase Q4 revenue $302.6M, down 45% QoQ; guides Q1 $260-300M","bullets":["Q4 revenue $302.6M, down 45% from Q3 and 58% YoY; GAAP EPS $0.15, non-GAAP EPS $0.54","Non-GAAP gross margin 50.3% (incl IRA benefit); excl benefit 41.8% vs 45.8% prior quarter","US revenue down ~35% QoQ; Europe down ~70% QoQ; demand softening and inventory reduction","Q1 2024 guidance: revenue $260M-$300M, non-GAAP gross margin 44-47% incl IRA benefit","Ceasing ops at Romania and Wisconsin contract mfg; focusing US capacity in SC and TX"],"urls":{"canonical":"https://secwatch.observer/filing/0001463101-24-000013","json":"https://secwatch.observer/filing/0001463101-24-000013.json","markdown":"https://secwatch.observer/filing/0001463101-24-000013.md","text":"https://secwatch.observer/filing/0001463101-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1463101/000146310124000013/0001463101-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1463101/000146310124000013/enph-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:01:20.787029+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":"b57321157f861db715b6f68b34ba6bf75a414bde","claim":"Enphase Energy, Inc. reported the fiscal year 2023 results: revenue $2,290,786, net income $438,936, EPS $3.08.","evidence_excerpt":"fiscal year 2023 are provided below, compared with the prior year: (In thousands, except per share and percentage data) GAAP Non-GAAP FY 2023 FY 2022 FY 2023 FY 2022 Revenue $ 2,290,786 $ 2,330,853 $ 2,290,786 $ 2,330,853 Gross margin 46.2 % 41.8 % 47.1 % 42.6 % Operating expenses $ 612,647 $ 526,334 $ 382,115 $ 303,724 Operating income $ 445,741 $ 448,261 $","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1463101/000146310124000013/0001463101-24-000013-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year 2023"},{"label":"Revenue","value":"$2,290,786"},{"label":"Net income","value":"$438,936"},{"label":"EPS","value":"$3.08"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b996aad8c36b3a9afbce7697bf67731a595835e7","claim":"Enphase Energy, Inc. reported the fourth quarter of 2023 results: revenue $302.6 million, net income $20.9 million, EPS $0.15.","evidence_excerpt":"today financial results for the fourth quarter of 2023, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $302.6 million in the fourth quarter of 2023, along with 50.3% for non-GAAP gross margin. We shipped 1,595,677 microinverters, or approximately 660.1 megawatts DC, and 80.7 megawatt hours of IQ","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1463101/000146310124000013/0001463101-24-000013-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Revenue","value":"$302.6 million"},{"label":"Net income","value":"$20.9 million"},{"label":"EPS","value":"$0.15"},{"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"}