Shanker Trivedi
has appointed Shanker Trivedi to fill the newly created vacancy in Class I of the Board.
Highest-materiality recent filing
Enphase board retains Kortlang after shareholder vote; Malchow named governance chair
Board (excluding Kortlang) unanimously voted to retain Benjamin Kortlang as director after 2026 annual meeting vote.
Enphase Q2 2026 revenue $291.9M, GAAP EPS $0.27, non-GAAP EPS $0.46; guides Q3 revenue $290-320M
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%.
Enphase enters agreement to sell up to $150M in 45X tax credits for $139.5M
Up to $150M of Section 45X advanced manufacturing tax credits to be sold for up to $139.5M.
Enphase appoints former NVIDIA SVP Shanker Trivedi to board of directors
Board expanded to eight directors; Trivedi fills new Class I vacancy effective June 11, 2026.
Shareholders approved amendment to 2021 Equity Incentive Plan, increasing share reserve by 2 million shares.
Enphase Q1 rev $282.9M; GAAP EPS -$0.06; Q2 rev guide $280-310M
Q1 GAAP net loss $7.4M ($0.06 diluted loss); non-GAAP net income $62.3M ($0.47 EPS).
Sold $235M of advanced manufacturing tax credits (Section 45X) for $218.55M in cash, a ~$16.5M discount.
Enphase Q4: rev $343.3M, GAAP EPS $0.29; Q1 guide $270-300M
Q4 revenue $343.3M, down 16% QoQ and 10% YoY; GAAP diluted EPS $0.29 (vs $0.50 Q3, $0.45 Q4 2024).
Enphase Energy to cut ~160 jobs (~6% workforce) and reduce opex to $70-75M/qtr by Q3 2026
Layoffs affect ~160 employees, ~6% of workforce; restructuring charge of ~$4.6M expected, mostly in Q1 2026.
Enphase Q3 revenue $410.4M, highest in 2 years; Q4 guide $310-350M, below Q3
GAAP diluted EPS $0.50; non-GAAP $0.90. Revenue $410.4M, up 13% QoQ from $363.2M.
Enphase Q2 revenue $363.2M, GAAP EPS $0.28, non-GAAP $0.69; Q3 rev guidance $330-370M
Q2 revenue $363.2M (+2% QoQ, +20% YoY); GAAP net income $37.1M, vs $10.8M in Q2 2024.
Board unanimously voted to retain T.J. Rodgers as director despite less than 50% vote at annual meeting.
Shareholders approved amendment to 2021 Equity Incentive Plan, increasing share reserve by 4,000,000 shares.
Enphase Q1 revenue $356M, down 7% QoQ; guides Q2 rev $340-380M with tariff impact
Q1 revenue $356.1M (vs Q4 $382.7M); GAAP EPS $0.22, non-GAAP EPS $0.68.
Enphase Q4 2024 rev $382.7M, GAAP EPS $0.45, non-GAAP EPS $0.94; Q1 guide $340-380M
Q4 revenue $382.7M, up 26.5% YoY; GAAP net income $62.2M vs $20.9M in Q4 2023.
Enphase cuts 17% workforce (~500 jobs), ceases Mexico contract manufacturing; Q4 charges $14M
Reduces global team by ~17% impacting about 500 employees and contractors.
Enphase Q3 revenue $380.9M, GAAP EPS $0.33, non-GAAP EPS $0.65; Q4 guidance revenue $360-400M
Q3 revenue $380.9M, up from $303.5M in Q2 2024 but down from $551.1M YoY.
Enphase Q2 rev $303.5M, GAAP EPS $0.08, non-GAAP $0.43; Q3 outlook $370-410M
Revenue $303.5M, down 57% YoY from $711.1M; GAAP diluted EPS $0.08 vs $1.09 last year.
Enphase Energy annual meeting results: all proposals pass, Kothandaraman and Malchow elected
Badri Kothandaraman elected director with 87,940,904 for vs 6,244,233 withheld; Joseph Malchow elected with 65,488,513 for.
Enphase Q1 revenue $263.3M, net loss $16.1M; guides Q2 revenue $290-330M
Revenue $263.3M, down 13% QoQ and 64% YoY; U.S. revenue fell 34% QoQ.
Enphase appoints Mary Erginsoy as Chief Accounting Officer effective April 24
Mary Erginsoy, 41, appointed VP and Chief Accounting Officer effective April 24, 2024.
Enphase EVP & CCO David Ranhoff to step down June 30, 2024; role split between two SVPs
David Ranhoff, EVP and Chief Commercial Officer, will depart on June 30, 2024, for personal reasons.
Enphase Q4 revenue $302.6M, down 45% QoQ; guides Q1 $260-300M
Q4 revenue $302.6M, down 45% from Q3 and 58% YoY; GAAP EPS $0.15, non-GAAP EPS $0.54
Global workforce reduction of ~10% (approx. 350 employees and contractors).
Enphase Q3 rev $551M (-22.5% QoQ), EPS $0.80; guides Q4 $300-350M on weak Europe demand
Q3 revenue $551.1M vs $711.1M QoQ and $634.7M YoY; GAAP diluted EPS $0.80, non-GAAP $1.02.
Enphase Q2 revenue $711M, non-GAAP EPS $1.47; Q3 guidance below Q2 levels
Revenue $711.1M, GAAP diluted EPS $1.09, non-GAAP diluted EPS $1.47.
Enphase Energy shareholders elect three directors, approve say-on-pay, ratify auditor
Jamie Haenggi (94.1M for), Benjamin Kortlang (63.5M for), Richard Mora (92.4M for) elected; broker non-votes 15.8M.
Enphase Q1 revenue $726M, GAAP EPS $1.02; guides Q2 rev $700-750M
Revenue $726M, up 64% YoY; GAAP diluted EPS $1.02, non-GAAP $1.37.
David Ranhoff, EVP and Chief Commercial Officer, notified Enphase of his retirement effective June 30, 2023.
Enphase Q4 2022 record revenue $724.7M; non-GAAP EPS $1.51; Q1 2023 rev guidance $700-740M
GAAP revenue $724.7M (+14% QoQ, +76% YoY); GAAP diluted EPS $1.06, non-GAAP $1.51.
Enphase Q3 revenue $634.7M record, EPS $0.80 GAAP/$1.25 adjusted; guides Q4 rev $680-720M
Record Q3 revenue $634.7M, up 20% QoQ; GAAP EPS $0.80, non-GAAP $1.25.
Enphase Q2 record revenue $530.2M, non-GAAP EPS $1.07; Q3 guidance $590-630M
Record revenue $530.2M, up 20% QoQ and 68% YoY; GAAP diluted EPS $0.54, non-GAAP $1.07.
Enphase COO Jeff McNeil to retire March 31, 2023; shifts to Chief Advisor July 1, 2022
Jeff McNeil, EVP and COO, notified intention to retire effective March 31, 2023 for personal reasons.
Enphase shareholders reject advisory vote on executive compensation at 2022 annual meeting
Say-on-pay failed with 51.7M votes against vs 46.8M for (52.5% against).
Enphase Q1 revenue $441.3M record; Q2 guidance $490-520M; EPS beat
Q1 record revenue $441.3M, up 7% QoQ; GAAP EPS $0.37, non-GAAP EPS $0.79.
Enphase Energy amends bylaws to adopt proxy access for shareholder director nominations
Proxy access allows stockholders owning ≥3% voting stock for ≥3 years to nominate director candidates.
Enphase Energy CFO Eric Branderiz to retire; Mandy Yang appointed as successor
Eric Branderiz, EVP and CFO, will retire effective Feb 14, 2022; no disagreements with company.
Enphase Q4 revenue record $412.7M, non-GAAP EPS $0.73, Q1 guide $420-440M
Record Q4 revenue $412.7M (+17% QoQ, +56% YoY); non-GAAP gross margin 40.2%.
Enphase holds Investor Day; no specific financial targets disclosed in filing
Investor Day held on Nov 16, 2021 in San Francisco, CA.
Enphase Q3 revenue $351.5M record; non-GAAP EPS $0.60; Q4 guidance $390-410M
Record revenue $351.5M, up 11% QoQ and 97% YoY; non-GAAP gross margin 40.8%.
Enphase Q2 revenue $316.1M, non-GAAP EPS $0.53; Q3 guide $335-355M
Q2 revenue $316.1M (+5% QoQ); GAAP net income $39.4M vs loss $47.3M a year ago.
has appointed Shanker Trivedi to fill the newly created vacancy in Class I of the Board.
On April 19, 2024, Mary Erginsoy, 41, was appointed by the board of directors to serve as the Vice President and Chief Accounting Officer of Enphase Energy, Inc. (“Enphase”), effective April 24, 2024.
On March 31, 2024, David Ranhoff, Executive Vice President and Chief Commercial Officer of Enphase Energy, Inc. (the “Company”), notified the Company of his intention to step down from his position at the Company, effective as of June 30, 2024.
Upon his retirement, Mr. Ranhoff will transition from his current position to a part-time role as Commercial Advisor, effective July 1, 2023.
On March 25, 2023, David Ranhoff, Executive Vice President and Chief Commercial Officer of Enphase Energy, Inc. (the “Company”), notified the Company of his intention to retire from his position at the Company, effective as of June 30, 2023.
Jeff McNeil, Executive Vice President and Chief Operating Officer of Enphase Energy, Inc. (the “Company”), notified the Company of his intention to retire next year, effective as of March 31, 2023, from his position at the Company.
Mr. McNeil will transition from his current position to a full-time role as Chief Advisor, effective July 1, 2022.
On February 5, 2022, Mandy Yang, who is currently serving as the Company’s Vice President, Chief Accounting Officer and Corporate Treasurer, was appointed by the Company’s Board of Directors to assume the additional role of Chief Financial Officer, effective February 15, 2022.
On February 2, 2022, Eric Branderiz, Executive Vice President and Chief Financial Officer of Enphase Energy, Inc. (the “Company”), notified the Company of his intention to retire from his position at the Company, effective February 14, 2022.
Max materiality 0.85 · Median 0.75 · Most common event earnings