光伏逆变器生产商Enphase Energy二季度营收3.632亿美元，分析师预期3.593亿美元。 二季度Microinverter部门发货量153万，分析师预期160万。 二季度总体电池发货量190.9 MWH，分析师预期164.34 MWH。 明年加速转向光伏租赁业务，正加产品的大租赁融资可及性。 欧洲家用太阳能市场面临挑战。 ENPH美股盘后冲高回落，跌6.61%。 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35480 Enphase Energy, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...

Exhibit 99.1 Enphase Energy Reports Financial Results for the Second Quarter of 2025 | | | | | GAAP | | | | | | Non-GAAP | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | Q2 2025 | | | Q1 2025 | | Q2 2024 | | Q2 2025 | | Q1 2025 | | Q2 2024 | | Revenue | $ | 363,153 | $ | 356,084 | $ | 303,458 | $ | 363,153 | $ | 356,084 | $ | 303,458 | | Gross margin | | 46.9 % | | 47.2 % | | 45.2 % | | 48.6 % | | 48.9 % | | 47.1 % | | Operating expenses | $ | 133,486 | $ | 136,319 | ...

FREMONT, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today financial results for the second quarter of 2025, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $363.2 million in the second quarter of 2025, along with 48.6% for non-GAAP gross margin. We shipped approximately 1.53 milli ...

Core Insights - The global economy is rapidly moving towards decarbonization, electrification, and clean energy independence, positioning companies like GE Vernova (GEV) and Enphase Energy (ENPH) as key players in the green energy transition [1][3] - Investor interest in GEV and ENPH is increasing due to supportive government climate policies, rising energy demand, and the adoption of distributed generation and digital energy solutions [1] Company Overview - GE Vernova is focused on decarbonizing power generation with segments in gas power, wind energy, and grid solutions, aiming to lead in grid modernization and renewable infrastructure [2] - Enphase Energy specializes in solar microinverter systems, energy storage, and residential energy management, positioning itself as a strong player in the decentralized clean energy market [2] Financial Stability & Growth Drivers - As of March 31, 2025, GEV has cash and cash equivalents of $8.11 billion and no debt, allowing it to invest $5 billion in R&D through 2028 [4][5] - Enphase Energy has cash and cash equivalents of $1.53 billion, with total debt of $1.2 billion, indicating a solid solvency position to support product innovation and market opportunities [6] - GEV is gaining traction through strategic collaborations, including a contract to supply gas turbines in Puerto Rico and agreements for nuclear energy projects in Finland and Sweden [7][8] - Enphase is expanding globally with innovative product launches, such as the IQ Battery 5P and IQ EV Charger 2, enhancing its customer base in Europe and Australia [9][10] Stock Performance & Valuation - GEV has seen a stock surge of 244.6% over the past year, while ENPH has declined by 62.2% [10] - GEV's forward P/E ratio is 58.68X, significantly higher than ENPH's 14.29X, indicating a more attractive valuation for ENPH [19] - ENPH demonstrates better Return on Equity (ROE) compared to GEV, suggesting greater capital efficiency [22] Earnings Estimates - The Zacks Consensus Estimate for GEV's 2025 sales and EPS indicates improvements of 6.7% and 32.3%, respectively [15] - For ENPH, the 2025 sales estimate suggests an 8.9% increase, while EPS is expected to rise by 3.8% [16] Investment Appeal - GEV's strong recent performance and earnings estimate revisions reflect market optimism, but its high valuation and challenges in offshore wind may limit efficiency [24] - ENPH offers a more attractive valuation and superior capital efficiency, despite its recent stock lag, indicating potential for recovery [24] - Investors seeking growth may prefer GEV, while those focused on value might find better opportunities in ENPH [25]

Group 1: Trade Cycles Overview - Trade Cycles is a new trading strategy developed by TradeSmith, which identifies seasonal market trends with high accuracy [1][2] - The tool has become essential for quantitative analysis, helping to pinpoint optimal buying times based on historical data [2][3] Group 2: Seasonal Recommendations - The back-to-school season is projected to significantly boost sales for retailers, with companies like Carter's Inc. (CRI) potentially seeing a 30% increase, while Target Corp. (TGT) may experience a 5% revenue boost [6] - Despite the seasonal potential, Carter's and Target face challenges due to tariff threats, leading to negative sentiment and forecasts of profit declines [7] - Hanesbrands Inc. (HBI) is recommended as a more attractive investment opportunity, historically rising 5% on average during summer months, with a notable 60% surge between July and November in 2024 [8][9] Group 3: Enphase Energy Insights - Enphase Energy Inc. (ENPH) has shown a significant seasonal pattern, with stock surging 42% during summer months in the past, but facing a decline during President Biden's term [15][16] - Current market conditions suggest a favorable environment for Enphase, with shares trading at 16X forward earnings, significantly lower than the Biden-era average of 45X [17] - The company is well-positioned to benefit from increasing solar demand, with 69% of new electric generating capacity expected to be solar by 2025 [18][19] Group 4: Vail Resorts Analysis - Vail Resorts Inc. (MTN) typically sees stock price increases of 7.4% during the winter months, but the best buying opportunity is in September when season passes are sold at peak prices, leading to an average increase of 10.5% from September to November [22][23]

Core Viewpoint - Enphase Energy, Inc. is expected to report its second-quarter 2025 results on July 22, 2025, with a consensus estimate for earnings per share (EPS) at 62 cents, indicating a year-over-year growth of 44.2% [6][8]. Group 1: Revenue and Product Launches - Enphase Energy has launched several new products in various countries, including the IQ Battery 5P in multiple European nations and IQ8 Microinverters in Japan, which are anticipated to boost quarterly revenues [1][2]. - The Zacks Consensus Estimate for Enphase's second-quarter sales is $356.3 million, reflecting a year-over-year growth of 17.4% [4]. Group 2: Regional Performance - In the United States, lower demand for microinverters may negatively impact overall revenues, while strong sales are expected in the UK and Germany, although reduced demand in France could adversely affect European sales [3]. Group 3: Impact of Tariffs - Newly announced U.S. import tariffs, including a 145% tariff on products from China, are expected to reduce Enphase's gross margin by approximately 2%, although the impact may be mitigated by the use of pre-tariff inventory batteries [5][8]. Group 4: Earnings Prediction - The current Earnings ESP for Enphase Energy is -4.24%, indicating that the model does not predict an earnings beat for this reporting cycle [7].

FREMONT, Calif., July 17, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced initial shipments of the IQ® Battery 5P supplied from manufacturing facilities in the United States with higher domestic content than previous models. The higher domestic content batteries comply with the new requirement in the U.S. federal budget law, signed on July 4, 2025, which retroac ...

Key Takeaways ENPH began shipping its IQ EV Charger 2 to Greece, Romania, Ireland and Poland with full support. Rising EV adoption and clean energy focus are driving demand for ENPH's smart charging solutions. ENPH is targeting global growth, with IQ EV Charger 2 also launched in Australia and New Zealand.Enphase Energy, Inc. (ENPH) recently stated that it has started shipments of its newest electric vehicle (EV) charger, the IQ EV Charger 2, to the markets of Greece, Romania, Ireland and Poland. Followin ...

Core Viewpoint - Morgan Stanley has adjusted ratings for several U.S. solar stocks due to market and policy changes, downgrading Enphase Energy and SolarEdge Technologies to "Neutral" while favoring Sunrun as a preferred stock [1][2]. Group 1: Enphase Energy - Morgan Stanley downgraded Enphase Energy's rating from "Overweight" to "Neutral" and reduced the target price from $64 to $37, reflecting downward pressure on stock prices and profit margins due to the industry's shift towards third-party systems [1]. - Despite the downgrade, the firm believes that Enphase remains one of the few consistently profitable solar companies with a net cash position [1]. - Analyst Mark Strouse noted that the recent "Inflation Reduction Act" may lead to a lack of positive momentum in the U.S. residential solar market, potentially impacting Enphase's market share and gross margins [1]. Group 2: SolarEdge Technologies - SolarEdge Technologies' rating was also downgraded from "Overweight" to "Neutral," with a target price set at $23, following a 34% increase in the stock's performance this month [2]. - Strouse maintains that SolarEdge holds a relatively favorable position in the U.S. residential inverter market, as the residential solar sector shifts towards third-party ownership models [2]. - New foreign entity regulatory frameworks have reduced competitive pressure in the market [2]. Group 3: Sunrun - Morgan Stanley is optimistic about Sunrun, assigning it an "Overweight" rating and raising the target price from $13 to $16, due to improved visibility in solar leasing and power purchase agreements [2]. - Sunrun is expected to meet the 48E tax credit eligibility by the end of 2027 and continue to benefit from storage incentives until the end of 2032 [2].