Enphase Energy forecasts Q4 revenue of $225 million-$255 million
ENPH•Enphase Energy forecasts fourth-quarter 2026 revenue of $225 million-$255 million, down from $293.3 million in the third quarter. It projects GAAP gross margin of 38%-41% and storage shipments of 100-120 MWh.
1. Fourth-quarter outlook
Enphase Energy expects fourth-quarter 2026 revenue of $225 million-$255 million, compared with $293.3 million in the third quarter. The company projects GAAP gross margin of 38%-41%, or 40%-43% on an adjusted basis. GAAP operating expenses are expected to be $119 million-$123 million, versus $76 million-$80 million on an adjusted basis, and storage shipments are forecast at 100-120 MWh.
