# Enphase Energy, Inc. (ENPH) — Operating Income

## Annual Operating Income (USD)

| Year | Operating Income |
| --- | --- |
| 2025 | $158M |
| 2024 | $77M |
| 2023 | $446M |
| 2022 | $448M |
| 2021 | $216M |
| 2020 | $186M |
| 2019 | $103M |
| 2018 | $2M |
| 2017 | -$39M |
| 2016 | -$63M |

## Quarterly Operating Income (USD)

| Quarter | Operating Income |
| --- | --- |
| 2026-03-31 | -$30M |
| 2025-09-30 | $66M |
| 2025-06-30 | $37M |
| 2025-03-31 | $32M |
| 2024-09-30 | $50M |
| 2024-06-30 | $2M |
| 2024-03-31 | -$29M |
| 2023-09-30 | $118M |
| 2023-06-30 | $170M |
| 2023-03-31 | $168M |
| 2022-09-30 | $135M |
| 2022-06-30 | $94M |
| 2022-03-31 | $62M |
| 2021-09-30 | $37M |
| 2021-06-30 | $59M |
| 2021-03-31 | $61M |
| 2020-09-30 | $52M |
| 2020-06-30 | $11M |
| 2020-03-31 | $45M |
| 2019-09-30 | $34M |
| 2019-06-30 | $17M |
| 2019-03-31 | $7M |
| 2018-09-30 | -$374,000 |
| 2018-06-30 | -$558,000 |

Source: [CompaniesByCap](https://companiesbycap.com/company/ENPH/operating-income)