Enphase Energy, Inc. (ENPH) Operating margin 2016–2025
Enphase Energy, Inc. (ENPH) operating margin by fiscal year — reported operating income divided by reported revenue.
10.7%FY2025 · since FY2016: -19.4% → 10.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 10.7% | +4.9 pp |
| FY2024 | 5.8% | -13.6 pp |
| FY2023 | 19.5% | +0.2 pp |
| FY2022 | 19.2% | +3.6 pp |
| FY2021 | 15.6% | -8.5 pp |
| FY2020 | 24.1% | +7.6 pp |
| FY2019 | 16.5% | +15.9 pp |
| FY2018 | 0.5% | +14.3 pp |
| FY2017 | -13.8% | +5.7 pp |
| FY2016 | -19.4% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice