---
schema_version: "secwatch.filing_event.v1"
accession: "0001463101-26-000008"
form_type: "8-K"
ticker: "ENPH"
cik: "0001463101"
company_name: "Enphase Energy, Inc."
filed_at: "2026-02-03T23:59:59+00:00"
generated_at: "2026-05-16T05:18:19.184917+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Enphase Q4: rev $343.3M, GAAP EPS $0.29; Q1 guide $270-300M

## Summary
- Q4 revenue $343.3M, down 16% QoQ and 10% YoY; GAAP diluted EPS $0.29 (vs $0.50 Q3, $0.45 Q4 2024).
- Non-GAAP diluted EPS $0.71, down from $0.90 Q3 and $0.94 Q4 2024; tariff impact 5.1 percentage points on margins.
- Shipped 1.55M microinverters (682.6 MW DC) and 150.1 MWh of IQ Batteries; US sell-through demand up 21% QoQ.
- Q1 2026 guidance: revenue $270-300M, non-GAAP gross margin 42-45% with ~5% tariff impact.
- Ended Q4 with $1.51B cash and $268.7M remaining buyback authorization; free cash flow $37.8M.

## SEC filing metadata
- accession: 0001463101-26-000008
- form_type: 8-K
- ticker: ENPH
- cik: 0001463101
- company_name: Enphase Energy, Inc.
- filed_at: 2026-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1463101/000146310126000008/0001463101-26-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463101/000146310126000008/enph-20260203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001463101-26-000008
- JSON: https://secwatch.observer/filing/0001463101-26-000008.json
- Plain text: https://secwatch.observer/filing/0001463101-26-000008.txt

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