Enphase Exited 2022 With Over 68% Jump In Annual Revenues

Enphase Energy Reports ‘Record’ Revenues Of $724.7 Million In Q4/2022; Targets 10 Million Quarterly Microinverter Production Capacity By 2023-End

US based solar microinverter and battery supplier Enphase Energy, Inc has reported a strong Q4/2022 with a ‘record’ quarterly revenue of $724.7 million reflecting an annual improvement of more than 75%, contributing to its annual revenues for 2022 growing more than 68% to $2.3 billion.

Enphase Energy’s Q2/2021 Revenues Grew To $316 Million

Enphase Energy Reports $316 Million GAAP Revenues & 40.4% Gross Margin In Q2/2021; Bears Higher Component Costs & Sees Supply Chain Issues To Continue In Q3/2021, Before Getting Better In Q4/2021

Enphase Energy said the component supply chain issues continued to impact its business in Q2/2021, something it sees continuing in Q3/2021 but smoothening in Q4/2021. Revenue mix in Q2/2021 comprised 81% US and 19% rest of the world.

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