Enphase(ENPH) - 2024 Q4 - Annual Results

| | | | | GAAP | | | | | | Non-GAAP | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | Q4 2024 | | | Q3 2024 | | Q4 2023 | | Q4 2024 | | Q3 2024 | | Q4 2023 | | Revenue | $ | 382,713 | $ | 380,873 | $ | 302,570 | $ | 382,713 | $ | 380,873 | $ | 302,570 | | Gross margin | | 51.8 % | | 46.8 % | | 48.5 % | | 53.2 % | | 48.1 % | | 50.3 % | | Operating expenses | $ | 143,489 | $ | 128,383 | $ | 156,893 | $ | 83,322 | $ | 81,612 | $ | 86,551 | | Operating income (loss) | $ | ...