Enphase Energy Unveils First Quarter Financial Performance for 2025
April 22, 2025 - 20:59
FREMONT, Calif., April 22, 2025 -- Enphase Energy, Inc., a prominent player in the energy technology sector and a leading provider of microinverter-based solar and battery systems, has released its financial results for the first quarter of 2025. The company reported a quarterly revenue of $356.1 million, reflecting a strong performance in the market.
In addition to revenue figures, Enphase Energy achieved a non-GAAP gross margin of 48.9%, highlighting its operational efficiency and cost management strategies. The company also indicated that it shipped approximately 1.5 million microinverters during this period, showcasing robust demand for its innovative solutions.
President and CEO Badri Kothandaraman expressed optimism about the future, emphasizing the company's commitment to advancing clean energy technology. Enphase's strong financial results underscore its position as a leader in the renewable energy sector, as it continues to expand its product offerings and market reach. The company remains focused on driving growth and sustainability in the rapidly evolving energy landscape.
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