---
schema_version: "secwatch.filing_event.v1"
accession: "0001463101-24-000145"
form_type: "8-K"
ticker: "ENPH"
cik: "0001463101"
company_name: "Enphase Energy, Inc."
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:46:09.410439+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Enphase cuts 17% workforce (~500 jobs), ceases Mexico contract manufacturing; Q4 charges $14M

## Summary
- Reduces global team by ~17% impacting about 500 employees and contractors.
- Ceases contract manufacturing operations in Guadalajara, Mexico; maintains four locations (2 US, India, China).
- Global microinverter capacity stays at ~7.25 million units/quarter, ~5M from US.
- Restructuring charges estimated $17-20M, with $14M in Q4 2024; cash expenditures $11-12M.
- Targets non-GAAP OpEx of $75-80M/quarter in 2025; GAAP OpEx to rise by ~$14M in Q4.

## SEC filing metadata
- accession: 0001463101-24-000145
- form_type: 8-K
- ticker: ENPH
- cik: 0001463101
- company_name: Enphase Energy, Inc.
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463101/000146310124000145/0001463101-24-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463101/000146310124000145/enph-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001463101-24-000145
- JSON: https://secwatch.observer/filing/0001463101-24-000145.json
- Plain text: https://secwatch.observer/filing/0001463101-24-000145.txt

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