ENPH
Enphase Enphase Energy, Inc.
+0.73 (+2.05%)36.29USD1.4M成交股數4.8B市值35.9本益比(近四季)3.4股價營收比-20.6%營收年增(近四季)2026-10-27下次財報
財報 SEC XBRL 申報值 · 美元 · 財年於 12 月結束
逐季數字是 10-Q 的單季值;財年第四季 XBRL 只有年度值,這裡用年度減前三季推算。年增率比的是去年同一會計季。
營收與利潤率近 16 季
稀釋 EPS近 16 季 · 美元
現金流近 16 季
股東回饋近 16 季 · 庫藏股與股利
損益表 逐季 · 最新在左 · 小字是年增率
| 科目 | 26Q1 | 25Q3 | 25Q2 | 25Q1 | 24Q4 | 24Q3 | 24Q2 | 24Q1 | 23Q3 | 23Q2 | 23Q1 | 22Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 營收 | 283M-26% | 410M+8% | 363M+20% | 356M+35% | 383M-31% | 381M-46% | 303M-58% | 263M-64% | 551M | 711M | 726M | 725M |
| 營業成本 | 183M | 214M | 193M | 188M | 184M | 203M | 166M | 148M | 289M | 388M | 400M | 414M |
| 毛利 | 100M-49% | 196M+10% | 170M+24% | 168M+46% | 198M-24% | 178M-45% | 137M-58% | 116M-63% | 262M | 323M | 326M | 311M |
| 毛利率 | 35.5% | 47.8% | 46.9% | 47.2% | 51.8% | 46.8% | 45.2% | 43.9% | 47.5% | 45.5% | 45.0% | 42.9% |
| 研發費用 | 44.9M | 47.3M | 45.4M | 50.2M | 50.4M | 47.8M | 48.9M | 54.2M | 54.9M | 60.0M | 57.1M | 49.7M |
| 銷售管理費用 | 33.3M | 33.1M | 34.0M | 34.0M | 31.9M | 30.2M | 33.6M | 35.2M | 33.8M | 34.4M | 36.3M | 37.4M |
| 營業利益 | −29.6M-154% | 66.2M+33% | 37.0M+1957% | 31.9M-210% | 54.8M-54% | 49.8M-71% | 1.8M-99% | −29.1M-119% | 118M | 170M | 168M | 157M |
| 營業利益率 | -10.5% | 16.1% | 10.2% | 9.0% | 14.3% | 13.1% | 0.6% | -11.1% | 21.4% | 24.0% | 23.1% | 21.7% |
| 稅後淨利 | −7.4M-112% | 66.6M+46% | 37.1M+242% | 29.7M-285% | 62.2M-45% | 45.8M-71% | 10.8M-93% | −16.1M-110% | 114M | 157M | 147M | 154M |
| 淨利率 | -2.6% | 16.2% | 10.2% | 8.3% | 16.2% | 12.0% | 3.6% | -6.1% | 20.7% | 22.1% | 20.2% | 21.2% |
| 稀釋 EPS | -0.06-113% | 0.50+52% | 0.28+250% | 0.22-283% | 0.46-43% | 0.33-70% | 0.08-92% | -0.12 | 0.80 | 1.09 | 1.02 | – |
| 稀釋股數 | 131M | 133M | 135M | 136M | 140M | 140M | 136M | 136M | 144M | 145M | 146M | 144M |
資產負債表 期末餘額
| 科目 | 26Q1 | 25Q3 | 25Q2 | 25Q1 | 24Q4 | 24Q3 | 24Q2 | 24Q1 | 23Q3 | 23Q2 | 23Q1 | 22Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 現金與約當現金 | 498M | 402M | 371M | 350M | 369M | 256M | 252M | 254M | 290M | 279M | 286M | 473M |
| 應收帳款 | 197M | 266M | 223M | 226M | 224M | 232M | 277M | 364M | 560M | 520M | 516M | 441M |
| 存貨 | 291M | 189M | 173M | 144M | 165M | 159M | 176M | 208M | 174M | 166M | 151M | 150M |
| 總資產 | 2.7B | 3.3B | 3.2B | 3.1B | 3.2B | 3.3B | 3.2B | 3.2B | 3.6B | 3.5B | 3.4B | 3.1B |
| 有息負債 | 573M | 572M | 572M | 571M | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| 總負債 | 1.6B | 2.3B | 2.3B | 2.3B | 2.4B | 2.3B | 2.3B | 2.3B | 2.5B | 2.5B | 2.4B | 2.3B |
| 股東權益 | 1.1B | 995M | 881M | 811M | 833M | 931M | 885M | 923M | 1.0B | 973M | 970M | 826M |
| 負債比 | 59.5% | 70.0% | 72.3% | 73.9% | 74.4% | 71.5% | 72.1% | 71.5% | 71.4% | 71.9% | 71.3% | 73.2% |
| 淨現金(現金 − 有息負債) | −75.0M | −170M | −201M | −221M | −832M | −944M | −947M | −945M | −907M | −922M | −914M | −726M |
現金流量表 單季
| 科目 | 26Q1 | 25Q3 | 25Q2 | 25Q1 | 24Q4 | 24Q3 | 24Q2 | 24Q1 | 23Q3 | 23Q2 | 23Q1 | 22Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 營業現金流 | 103M | – | – | 48.4M-2% | – | – | – | 49.2M | – | – | 246M | – |
| 資本支出 | 19.9M | – | – | 14.6M | – | – | – | 7.4M | – | – | 22.5M | – |
| 自由現金流 | 83.0M | – | – | 33.8M-19% | – | – | – | 41.8M | – | – | 224M | – |
| 折舊攤銷 | 20.8M | – | – | 19.9M | – | – | – | 20.1M | – | – | 16.6M | – |
| 買回庫藏股 | 0.00 | – | – | 100.0M | – | – | – | 42.0M | – | – | 0.00 | – |
| 現金股利 | – | – | – | – | – | – | – | – | – | – | – | – |
| 自由現金流率 | 29.3% | – | – | 9.5% | – | – | – | 15.9% | – | – | 30.8% | – |
營收拆解 2025 年度 10-K 的分部揭露 · 年增對前一年度
業務分部2025 年度 · 1.5B
| Reportable | 1.5B | 100.0% | +10.7% |
|---|
地區2025 年度 · 1.5B
| 美國 | 1.2B | 80.7% | +27.2% |
|---|---|---|---|
| 國際 | 284M | 19.3% | -28.2% |
各維度的加總不一定等於合併營收:分部有時含內部交易、地區有時只揭露主要國家。挑的是加總最接近合併營收的那個標籤。
年度 10-K
| 財年 | 營收 | 年增 | 稅後淨利 | 淨利率 | 稀釋 EPS | 自由現金流 |
|---|---|---|---|---|---|---|
| FY2025 | 1.5B | +10.7% | 172M | 11.7% | 1.29 | 95.9M |
| FY2024 | 1.3B | -41.9% | 103M | 7.7% | 0.75 | 480M |
| FY2023 | 2.3B | -1.7% | 439M | 19.2% | 3.08 | 586M |
| FY2022 | 2.3B | +68.7% | 397M | 17.0% | 2.77 | 698M |
| FY2021 | 1.4B | +78.5% | 145M | 10.5% | – | 300M |
| FY2020 | 774M | +24.0% | 134M | 17.3% | – | 196M |
| FY2019 | 624M | +97.5% | 161M | 25.8% | – | 124M |
| FY2018 | 316M | – | −11.6M | -3.7% | – | 12.0M |