According to an SEC Form 8-K filed on July 28 (local time), Enphase Energy reported second-quarter revenue of $291.9 million, with adjusted earnings per share of $0.46 — exactly matching the Wall Street consensus estimate of $0.46.
📊 Stock Price at Time of Writing (July 29, 2026, 07:07 KST)
$36.32 ▼ -4.45%
Earnings at a Glance
Revenue rose 3% quarter-over-quarter but fell 20% year-over-year. U.S. revenue declined 3%, while European revenue jumped 35%. After posting a $7.4 million net loss in the first quarter, the company returned to profitability this quarter, helped significantly by a refund from U.S. customs authorities.
- Revenue: $291.9 million, down 20% year-over-year, up 3% quarter-over-quarter
- Adjusted earnings per share (EPS): $0.46, matching the Wall Street estimate of $0.46
- GAAP operating income: $51.5 million; adjusted operating income: $56.7 million
- GAAP net income: $36.1 million; adjusted net income: $61.5 million
- Shipments: approximately 1.59 million microinverters (725.2 megawatts); batteries: 113.8 megawatt-hours (MWh)
Market Reaction
Media outlets noted that the improved results were driven largely by one-time gains. During the second quarter, Enphase received a $41 million refund from U.S. Customs and Border Protection (CBP), followed by an additional $11 million after the quarter ended — bringing the total to $52 million reflected in the results. Of that, $45.4 million was recorded as gross profit, boosting the GAAP gross margin by 15.6 percentage points. The company also said it is accelerating development of its new 'IQ SST' power equipment for AI data centers. As of 7:07 a.m. KST on July 29, shares were trading at $36.32, down 4.45% from the previous close.
Related Stocks & ETFs
Enphase Energy (Nasdaq: ENPH) — a U.S. energy technology company that makes solar microinverters and home battery storage systems.
This article was automatically generated based on the original SEC Form 8-K filing and media reports, with the goal of quickly delivering key data immediately after the announcement. Readers are advised to review the company's official filings before making trading decisions. Stock prices reflect the time of writing and may differ from current prices.
