---
schema_version: "secwatch.filing_event.v1"
accession: "0001463101-25-000111"
form_type: "8-K"
ticker: "ENPH"
cik: "0001463101"
company_name: "Enphase Energy, Inc."
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T01:54:52.327837+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Enphase Q3 revenue $410.4M, highest in 2 years; Q4 guide $310-350M, below Q3

## Summary
- GAAP diluted EPS $0.50; non-GAAP $0.90. Revenue $410.4M, up 13% QoQ from $363.2M.
- Record IQ Battery shipments of 195 MWh; microinverters 1.77M units (784.6 MW DC).
- U.S. revenue +29% QoQ; Europe -38% QoQ due to softening demand.
- Q4 guidance: rev $310-350M (no safe harbor), GAAP gross margin 40-43%, non-GAAP 42-45%.
- Tariff impact 4.9 ppt on Q3 margins; expects ~5 ppt in Q4.

## SEC filing metadata
- accession: 0001463101-25-000111
- form_type: 8-K
- ticker: ENPH
- cik: 0001463101
- company_name: Enphase Energy, Inc.
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463101/000146310125000111/0001463101-25-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463101/000146310125000111/enph-20251028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001463101-25-000111
- JSON: https://secwatch.observer/filing/0001463101-25-000111.json
- Plain text: https://secwatch.observer/filing/0001463101-25-000111.txt

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