Enphase — Supply Chain & Business Relationships

FREMONT, Calif., July 28, 2026 - Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today financial results for the second quarter of 2026, which included the summary below from its President and CEO, Badri Kothandaraman.

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We reported quarterly revenue of $291.9 million in the second quarter of 2026 and shipped approximately 1.59 million IQ ® Microinverters, or 725.2 megawatts DC, and 113.8 megawatt hours (MWh) of IQ ® Batteries. Highlights for the second quarter of 2026 are listed below: • Strong progress on development of IQ ® SST; achieved key technical milestones and deepened customer engagement with potential multi-gigawatt opportunities • Revenue of $291.9 million • GAAP gross margin of 60.0%; non-GAAP gross margin of 46.8% • GAAP operating income of $51.5 million; non-GAAP operating income of $56.7 million • GAAP net income of $36.1 million; non-GAAP net income of $61.5 million • GAAP diluted earnings per share of $0.27; non-GAAP diluted earnings per share of $0.46 • Free cash flow of $25.9 million; ending cash, cash equivalents and marketable securities of $937.7 million

FREMONT, Calif., April 28, 2026 - Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today financial results for the first quarter of 2026, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $282.9 million in the first quarter of 2026, along with 43.9% for non-GAAP gross margin.

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We shipped approximately 1.41 million microinverters, or 627.6 megawatts DC, and 103.1 megawatt hours (MWh) of IQ ® Batteries. Highlights for the first quarter of 2026 are listed below: • Announced today the development of IQ ® SST, a distributed solid‑state transformer (SST) platform purpose-built for AI data centers • Revenue of $282.9 million • GAAP gross margin of 35.5% and non-GAAP gross margin of 43.9%, including 4.3% of tariff impact • GAAP operating loss of $29.6 million; non-GAAP operating income of $47.3 million • GAAP net loss of $7.4 million; non-GAAP net income of $62.3 million • GAAP diluted loss per share of $0.06; non-GAAP diluted earnings per share of $0.47 • Free cash flow of $83.0 million; ending cash, cash equivalents and marketable securities of $930.6 million

FREMONT, Calif., Feb. 3, 2026 - Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today financial results for the fourth quarter of 2025, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $343.3 million in the fourth quarter of 2025, along with 46.1% for non-GAAP gross margin.

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We shipped approximately 1.55 million microinverters, or 682.6 megawatts DC, and 150.1 megawatt hours (MWh) of IQ ® Batteries. Highlights for the fourth quarter of 2025 are listed below: • Revenue of $343.3 million • GAAP gross margin of 44.3% and non-GAAP gross margin of 46.1%, including 5.1% of tariff impact • GAAP operating income of $22.4 million; non-GAAP operating income of $79.4 million • GAAP net income of $38.7 million; non-GAAP net income of $93.4 million • GAAP diluted earnings per share of $0.29; non-GAAP diluted earnings per share of $0.71 • Free cash flow of $37.8 million; ending cash, cash equivalents and marketable securities of $1.51 billion • Shipped 1.31 million microinverters and 51.1 MWh of IQ Batteries from Texas and South Carolina facilities

FREMONT, Calif., Oct. 28, 2025 - 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 third quarter of 2025, which included the summary below from its President and CEO, Badri Kothandaraman.

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We reported quarterly revenue of $410.4 million in the third quarter of 2025, along with 49.2% for non-GAAP gross margin. We shipped approximately 1.77 million microinverters, or 784.6 megawatts DC, and a record 195.0 megawatt hours (MWh) of IQ ® Batteries. Highlights for the third quarter of 2025 are listed below: • Revenue of $410.4 million; highest revenue level in two years • GAAP gross margin of 47.8% and non-GAAP gross margin of 49.2% including 4.9% of tariff impact • GAAP operating income of $66.2 million; non-GAAP operating income of $123.4 million • GAAP net income of $66.6 million; non-GAAP net income of $117.3 million • GAAP diluted earnings per share of $0.50; non-GAAP diluted earnings per share of $0.90 • Free cash flow of $5.9 million; ending cash, cash equivalents and marketable securities of $1.48 billion • U.S.

FREMONT, Calif., July 22, 2025 - 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.

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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 million microinverters, or 675.4 megawatts DC, and 190.9 megawatt hours (MWh) of IQ ® Batteries. Highlights for the second quarter of 2025 are listed below: • IQ ® Meter Collar approved by 29 U.S. utilities to date • U.S. manufacturing: shipped approximately 1.41 million microinverters and record 46.9 MWh of IQ Batteries • Revenue of $363.2 million • GAAP gross margin of 46.9%; non-GAAP gross margin of 48.6% with net IRA benefit • Non-GAAP gross margin of 37.2%, excluding net IRA benefit of 11.4% • GAAP operating income of $37.0 million; non-GAAP operating income of $98.6 million • GAAP net income of $37.1 million; non-GAAP net income of $89.9 million • GAAP diluted earnings per share of $0.28;