Enphase Energy (ENPH) revenue breakdown
By region, United States is the largest at 81% of fiscal 2025 revenue, growing 18% a year over 9 years.
Revenue by region
Fiscal years, as Enphase Energy reports them in its 10-K filings; fiscal 2025 total $1.5B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $259M | $200M | $220M | $524M | $638M | $1.1B | $1.8B | $1.5B | $935M | $1.2B | 81% |
| International | — | — | — | — | — | — | $569M | $822M | $396M | $284M | 19% |
| Others | — | — | — | — | — | $194M | — | — | — | — | — |
| International | $64M | $87M | $97M | $101M | $137M | — | — | — | — | — | — |
| Netherlands | — | — | — | — | — | $79M | — | — | — | — | — |
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Where does Enphase Energy make its money?
In fiscal 2025, by region: United States $1.2B, International $284M.
From Enphase Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.