Investor Presentaiton
Enphase financials - GAAP
P&L-GAAP
($ in MUSD)
Q1'22
ACT
Q2'22 Q3'22 Q4'22
ACT ACT ACT
FY'22
ACT
Revenues
$441.3 $530.2 $634.7 $724.7
Q1'23 Q2'23 Q3'23 Q4'23 FY'23 Q1'24
ACT ACT ACT ACT ACT ACT
$2,330.9 $726.0 $711.1 $551.1 $302.6 $2,290.8 $263.3
Cost of revenues
(264.3)
(311.2) (366.8) (414.0)
(1,356.3) (399.6) (387.8) (289.1) (155.9) (1,232.4) (147.8)
Gross profit
177.0 219.0 267.9 310.7
974.6 326.4 323.3 262.0
146.7 1,058.4 115.5
Gross Margin %
40.1% 41.3% 42.2% 42.9%
41.8%
45.0% 45.5% 47.5%
48.5% 46.2% 43.9%
Operating expenses
(115.2) (125.0) (132.5) (153.7)
(526.3) (158.7) (153.0) (144.0) (156.9) (612.6) (144.6)
% of Revenue
26%
24%
21%
21%
23%
22% 22% 26%
52%
27%
55%
Operating income (loss)
61.8
% of Revenue
14%
94.0 135.4 157.0
18% 21% 22%
448.3 167.7 170.3 118.0
19% 23% 24% 21%
(10.2)
(3%)
445.8 (29.1)
19% (11%)
Cash flows from
operations
102.4 200.7 188.0 253.7
744.8 246.2 269.2 145.8
35.5 696.8
49.2
Cash, cash equivalents
and marketable securities
1,063.5 1,247.8 1,417.3
1,612.8
1,612.8 1,778.4 1,800.5 1,783.9 1,695.0 1,695.0 1,629.6
ENPHASE
© 2024 Enphase Energy, Inc.
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