secwatch.observer — SEC 8-K summary
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Issuer:     Enphase Energy, Inc. (ENPH)
CIK:        0001463101
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001463101-25-000014
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1463101/000146310125000014/0001463101-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1463101/000146310125000014/enph-20250204.htm
  HTML page:      https://secwatch.observer/filing/0001463101-25-000014

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