Enphase Energy Inc - Company Profile
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Enphase Energy Inc (Enphase), is an energy technology company that designs, develops, manufactures and markets home energy solutions that manage energy generation, energy storage and communications. The company’s semiconductor-based microinverter system converts energy at individual solar module levels and provides advanced energy monitoring and control. The company’s crucial products include IQ microinverters for module-level power electronics, Enphase AC Battery, Envoy communication gateway, and Enphase Enlighten, a cloud-based energy management platform. The company offers its products under envoy, IQ brands. The company offers its microinverter systems to residential and commercial markets in North America, Latin America, Europe, and Asia-Pacific regions. Enphase is headquartered in Fremont, California, the US.
Headquarters
United States of America
Address
47281 Bayside Parkway, Fremont, California, 94538
Website
enphase.com
Telephone
1 877 7974743
No of Employees
2,872
Industry
Alternative Energy
Ticker Symbol & Exchange
ENPH (NASD)
Revenue (2024)
$1.5B
10.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
67.7%
(2024 vs 2023)
Market Cap*
$6.5B
Net Profit Margin (2024)
XYZ
51.4%
(2024 vs 2023)
* As of and is in US$
Enphase Energy Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Micro-Inverter Systems | Featured Installation | Envoy |
| Communications Gateway | Enphase System | Toolkit |
| AC Battery | Design and Permitting Service | Enlighten |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Corporate Changes/Expansions | In June, the company introduced the new IQ9N Microinverter with GaN Technology for the US residential solar. |
| 2026 | New Products/Services | In June, the company introduced the new IQ9N Microinverter for residential solar across key European markets. |
| 2026 | Contracts/Agreements | In May, the company signed a safe harbor agreement with a U.S. solar and battery financing company to provide third-party ownership to homeowners and businesses. |
Competitor Comparison
| Key Parameters | Enphase Energy Inc | Tesla Inc | LG Chem Ltd | Generac Holdings Inc | SolarEdge Technologies Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | South Korea | United States of America | Israel |
| City | Fremont | Austin | Seoul | Waukesha | Herzliya |
| State/Province | California | Texas | Seoul | Wisconsin | Tel Aviv |
| No. of Employees | 2,872 | 134,785 | 17,389 | 9,400 | 3,576 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Badrinarayanan Kothandaraman | President; Chief Executive Officer; Director | Executive Board | 2017 | 54 |
| Mandy Yang | Vice President; Chief Financial Officer | Senior Management | 2022 | 50 |
| Mary Erginsoy | Vice President; Chief Accounting Officer | Senior Management | 2024 | - |
| Hans Van Antwerpen | Senior Vice President; Chief Technology Officer | Senior Management | 2020 | - |
| Marco Krapels | Chief Marketing Officer; Senior Vice President | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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