Enphase Energy Q2 2025 Results: Revenue Hits $363.2M, Non-GAAP Gross Margin at 48.6%
Enphase Energy Inc. released its latest financial results, reporting a notable variation in its non-GAAP operating expenses, which are expected to range between $78.0 million and $82.0 million. This excludes an estimated $52.0 million for stock-based compensation, acquisition-related amortization, restructuring, and asset impairment charges. The company has also provided an outlook for 2025, forecasting a GAAP tax rate between 19-21% and a non-GAAP tax rate in the range of 15-17%, inclusive of IRA benefits. These projections are part of Enphase's ongoing efforts to analyze its operating performance and future prospects, providing a more comprehensive understanding of its financial health and strategic direction.
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