📈 Net Income History (16 Quarters)
🧮 ENPH Net Income Breakdown
Understanding Net Income
Net income, also called the "bottom line" or net profit, is the money a company keeps after paying all expenses including cost of goods, operating costs, interest, and taxes. For ENPH, the trailing twelve month net income is $135.0M.
Why Net Income Matters
Net income is the ultimate measure of accounting profitability. It determines earnings per share (EPS), affects stock valuations through the P/E ratio, and represents the theoretical amount available to shareholders. However, net income can be influenced by accounting choices, which is why value investors often look at cash flow metrics alongside it.
ENPH's net income growth rate of -33.23% (based on log-linear regression of 16 quarters) indicates significant profit decline, requiring investigation into causes.
Net Income vs Cash Flow Metrics
Free Cash Flow: $145.1M →
Actual cash generated after capital expenditures. FCF often differs from net income due to depreciation, working capital changes, and capex timing.
Owner Earnings: $145.1M →
Buffett's preferred metric that adds back depreciation but subtracts maintenance capex. Often considered more accurate than net income.
EPS (Diluted): $1.01 →
Net income divided by diluted shares outstanding. The primary driver of the P/E ratio used in valuations.
Revenue: $1.4B →
The top line that net income is derived from. Net margin shows what percentage of revenue becomes profit.
P/E Ratio Analysis
ENPH's P/E ratio of 36.9x means investors pay $36.88 for every $1 of annual earnings. A P/E between 25-40 suggests investors expect above-average earnings growth.
Net Margin: Profitability Efficiency
Net margin of 9.64% shows what percentage of ENPH's revenue converts to profit after all costs. Net margins between 5-10% are common in competitive industries with thinner profits.
Summary: ENPH Net Income Trend
Enphase Energy, Inc. (ENPH) has a net margin of 9.64%, which Zyberno classifies as acceptable for a Technology company — within the 5–12% range Zyberno considers typical for technology businesses where software margins, tax efficiency, and scalability drive net profitability. Net income grew at -33.23% annually — a material decline Zyberno treats as a concern requiring investigation. For complete financial analysis, view the full ENPH stock report on Zyberno.
Frequently Asked Questions
What is ENPH's current net income?
Enphase Energy, Inc.'s TTM net income is $135.0M, growing at -33.23% annually — a material decline Zyberno treats as a concern requiring investigation.
Is ENPH's net income growing?
Enphase Energy, Inc. (ENPH) has a net margin of 9.64%, which Zyberno classifies as acceptable for a Technology company — within the 5–12% range Zyberno considers typical for technology businesses where software margins, tax efficiency, and scalability drive net profitability. Net income grew at -33.23% annually — a material decline Zyberno treats as a concern requiring investigation.
What is ENPH's net profit margin?
Enphase Energy, Inc. (ENPH) has a net margin of 9.64%, which Zyberno classifies as acceptable for a Technology company — within the 5–12% range Zyberno considers typical for technology businesses where software margins, tax efficiency, and scalability drive net profitability. Net income grew at -33.23% annually — a material decline Zyberno treats as a concern requiring investigation.
What is ENPH's P/E ratio?
ENPH's P/E ratio is 36.9x, meaning the market values the company at 36.9 times its annual earnings.
How does net income differ from free cash flow?
Net income is an accounting measure that includes non-cash items like depreciation, while free cash flow shows actual cash generated. ENPH's net income is $135.0M versus free cash flow of $145.1M. Large differences often indicate significant capital expenditures or working capital changes.
📊 Full ENPH Stock Report →
See ENPH's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.
💵 ENPH Free Cash Flow →
Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.
💰 ENPH Owner Earnings →
Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.
📈 ENPH Earnings Per Share →
Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.
🎯 ENPH Earnings Surprise (SUE) →
See whether ENPH is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.
📊 ENPH Revenue →
Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.
💰 ENPH Net Income →
Analyze the bottom-line profit, P/E ratio, and net profit margin trends.
🔶 ENPH Operating Income →
Analyze EBIT, operating margin, and core business profitability before interest and taxes.
💜 ENPH Gross Profit →
Analyze gross margin, pricing power, and profitability before operating expenses.