Quarterly ResultJul 28, 2026, 04:33 PM
Enphase Energy Q2 Net Revenue $291.9M; Settles $632.5M Debt
AI Summary
Enphase Energy reported Q2 2026 net revenues of $291.9 million and net income of $36.1 million, both down from the prior year. For the six months, net revenues were $574.8 million and net income was $28.7 million. The company significantly improved its balance sheet by settling $632.5 million in Notes due 2026, increasing cash and cash equivalents to $529.3 million, and boosting net cash from operating activities to $143.2 million.
Key Highlights
- Q2 2026 net revenues decreased to $291.9 million from $363.2 million year-over-year.
- Q2 2026 net income was $36.1 million, down from $37.1 million year-over-year.
- Diluted EPS for Q2 2026 was $0.27, compared to $0.28 in the prior year period.
- Settled $632.5 million in Notes due 2026, reducing current debt to zero.
- Cash and cash equivalents increased to $529.3 million as of June 30, 2026.
- Net cash provided by operating activities rose to $143.2 million for the six months.
- Recognized $100.6 million net benefit from AMPTC for the six months ended June 30, 2026.
- Six-month US revenue was $460.8 million; International revenue was $114.0 million.
Price Impact
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