Enphase Energy, Inc. Website

Enphase Energy, Inc.

NasdaqGM-ENPH

Company Overview

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.

  • Name

    Enphase Energy, Inc.

  • CEO

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  • Website

    www.enphase.com

  • Sector

    Semiconductors and Semiconductor Equipment

  • Year Founded

    2006

Company Statistics

Profile

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Financial Health

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Bulls Say

  • Enphase commands industry-leading gross margins and returns on invested capital based on its high-tech product offering.

  • Enphase serves a growing rooftop solar market with an expanding total addressable market as more consumers adopt solar plus storage.

  • Potential policy incentives to address climate change have the ability to meaningfully increase annual solar installations.

Bears Say

  • Enphase’s end markets are concentrated in residential and in the US.

  • There is potential for current policies in the US—for example, net metering and fixed customer charges—to be altered as penetration rises, harming customer economics and slowing industry growth.

Source: Morningstar Analysis - Oct 29, 2025
NasdaqGM:ENPH