secwatch.observer — SEC 8-K summary
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Issuer:     Enphase Energy, Inc. (ENPH)
CIK:        0001463101
Form:       8-K
Filed at:   2026-07-28T20:06:38+00:00
Accession:  0001463101-26-000080
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enphase Q2 2026 revenue $291.9M, GAAP EPS $0.27, non-GAAP EPS $0.46; guides Q3 revenue $290-320M
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- Revenue $291.9M, up 3% sequentially but down 20% YoY; GAAP gross margin 60.0% (boosted by $45.4M CBP refund), non-GAAP 46.8%.
- GAAP net income $36.1M ($0.27 diluted EPS) vs loss in Q1; non-GAAP net income $61.5M ($0.46 diluted EPS).
- Shipped 1.59M microinverters (725.2 MW DC) and 113.8 MWh of IQ Batteries; Q3 battery guidance 130-150 MWh.
- Q3 revenue guidance $290-320M; non-GAAP gross margin 44-47% with ~2 ppt tariff impact; cash $937.7M.
- Progress on IQ Solid-State Transformer for AI data centers; launched IQ9N residential and IQ9S-3P commercial microinverters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1463101/000146310126000080/0001463101-26-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1463101/000146310126000080/enph-20260728.htm
  HTML page:      https://secwatch.observer/filing/0001463101-26-000080

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer