---
schema_version: "secwatch.filing_event.v1"
accession: "0001463101-25-000014"
form_type: "8-K"
ticker: "ENPH"
cik: "0001463101"
company_name: "Enphase Energy, Inc."
filed_at: "2025-02-04T23:59:59+00:00"
generated_at: "2026-05-27T03:24:42.723389+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Enphase Q4 2024 rev $382.7M, GAAP EPS $0.45, non-GAAP EPS $0.94; Q1 guide $340-380M

## Summary
- Q4 revenue $382.7M, up 26.5% YoY; GAAP net income $62.2M vs $20.9M in Q4 2023.
- Non-GAAP gross margin 53.2% (39.7% ex $13.5% IRA benefit); shipped 2.01M microinverters, 152.4 MWh batteries.
- Repurchased 2.88M shares for $199.7M at avg $69.25; cash & equivalents $1.72B.
- Q1 2025 guidance: revenue $340-380M, non-GAAP gross margin 48-51% with IRA benefit.
- U.S. microinverter shipments from contract manufacturing ~1.69M units booked for 45X tax credits.

## SEC filing metadata
- accession: 0001463101-25-000014
- form_type: 8-K
- ticker: ENPH
- cik: 0001463101
- company_name: Enphase Energy, Inc.
- filed_at: 2025-02-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463101/000146310125000014/0001463101-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463101/000146310125000014/enph-20250204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001463101-25-000014
- JSON: https://secwatch.observer/filing/0001463101-25-000014.json
- Plain text: https://secwatch.observer/filing/0001463101-25-000014.txt

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