Enphase Energy, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2011 | 19.4% | -19.6% | -21.6% |
| FY2012 | 25.5% | -14.4% | -17.6% |
| FY2013 | 29.0% | -9.9% | -11.1% |
| FY2014 | 32.9% | -1.6% | -2.3% |
| FY2015 | 30.3% | -5.7% | -6.2% |
| FY2016 | 18.0% | -19.4% | -20.9% |
| FY2017 | 19.6% | -13.8% | -15.8% |
| FY2018 | 29.9% | 0.5% | -3.7% |
| FY2019 | 35.4% | 16.5% | 25.8% |
| FY2020 | 44.7% | 24.1% | 17.3% |
| FY2021 | 40.1% | 15.6% | 10.5% |
| FY2022 | 41.8% | 19.2% | 17.0% |
| FY2023 | 46.2% | 19.5% | 19.2% |
| FY2024 | 47.3% | 5.8% | 7.7% |
| FY2025 | 46.6% | 10.7% | 11.7% |