ENPH — Enphase Energy Income Statement

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Annual income statement for Enphase Energy, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2019 December 31st	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	624	774	1,382	2,331	2,291
Cost of Revenue
Gross Profit	221	346	554	975	1,058
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	522	588	1,223	1,883	1,845
Operating Profit	103	186	159	448	446
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	90.1	119	121	452	513
Provision for Income Taxes
Net Income After Taxes	161	134	145	397	439
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	161	134	145	397	439
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	161	134	145	397	439
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	1.24	0.944	1.3	2.78	3.16