Enphase Energy, Inc.

Enphase Energy's Board of Directors unanimously decided to retain Benjamin Kortlang as a board member, following a review of the 2026 annual meeting vote results and stockholder feedback. The company also announced governance enhancements, including Joseph Malchow's immediate appointment as Chair of the Nominating and Corporate Governance Committee. Mr. Kortlang will continue his roles on the Audit and Strategic Committees, while the company plans continued stockholder engagement and further governance improvements.

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.

Enphase Energy reported Q2 2026 financial results, with revenue increasing sequentially to $291.9 million and GAAP diluted EPS turning positive at $0.27, largely due to tariff refunds. Non-GAAP diluted EPS was $0.46. The company also highlighted strong progress in product development, including the launch of new microinverters and advancements in IQ® SST for AI data centers, alongside showcasing upcoming battery and EV charger technologies. For Q3 2026, Enphase expects revenue between $290.0 million and $320.0 million.

Enphase Energy highlighted the safety and reliability of its IQ EV Charger 2, now available across European markets. The charger is engineered to provide consistent performance in varied climates, minimizing thermal derating, and operates within a wide temperature range. It features robust thermal design, an IP55- and IK10-rated enclosure, and comprehensive safety certifications from TÜV Rheinland and NMI, along with CE marking. The IQ EV Charger 2 also includes layered hardware protection, dynamic load balancing, and is supported by a five-year warranty.

Enphase Energy has opened pre-orders for its 20th anniversary limited edition IQ PowerPack 1500, a smart, portable power station. This special edition product, available in black and silver with a commemorative design, provides 1,500 Wh of portable energy and features 11 output ports, multiple charging options, and Enphase App monitoring. Shipments are anticipated to commence on August 15, 2026, with limited-time pre-order pricing available through the Enphase Store.

Enphase Energy has opened pre-orders for its new IQ Air smart thermostat, designed to integrate with the Enphase Energy System. This device offers in-home temperature control, real-time visibility into solar production, battery performance, and home power use. It uses AI to optimize HVAC operation based on solar, battery, and time-of-use rates, potentially saving homeowners up to an additional $275 per year. Shipments are expected to begin in August 2026.

Enphase Energy, Inc. announced it will host a conference call and webcast to discuss its second quarter 2026 financial results. The event is scheduled for Tuesday, July 28, 2026, at 4:30 p.m. Eastern Time. Investors can access the live webcast and a recorded version on the company's Investor Relations website.

Enphase Energy announced it has joined the Open Compute Project (OCP) Foundation as a Platinum member. This strategic partnership will see Enphase contribute its extensive experience in distributed power electronics to develop open standards for next-generation data center power infrastructure, particularly for AI workloads. The company aims to leverage its IQ® Solid-State Transformer technology within this collaborative effort, believing open standards are essential for the evolving AI data center market.

Enphase Energy entered a Tax Credit Transfer Agreement on June 15, 2026, with a leading financial institution. The company will sell up to $150 million in advanced manufacturing production tax credits, generated from eligible US component production in 2026, for a purchase price not exceeding $139.5 million. Payments will be made in four installments during 2026 and 2027, subject to customary conditions.

Enphase Energy, Inc. announced the start of production shipments for its IQ9S-3P Commercial Microinverter, the company's most powerful microinverter available in the U.S. Built with advanced gallium nitride (GaN) technology, it supports high-wattage solar panels up to 770 W and connects directly to three-phase 480Y/277 V grids. The product delivers up to 548 VA of continuous output power with a 97.5% CEC weighted efficiency and is manufactured in U.S. facilities, potentially qualifying for domestic content bonus tax credits. Safe harbor orders are open until July 4, 2026, to secure federal tax credit eligibility, and the microinverter comes with an industry-leading 25-year limited warranty.