Enphase Energy, Inc. (ENPH) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

being recorded. I would now like to turn the conference over to Zach Friedman. Please go ahead. Good afternoon, and thank you for joining us on today's conference call to discuss Enphase Energy's second quarter 2025 results. On today's call are Badri Kothandaraman, our President and Chief Executive Officer, Mandy Yang, our Chief Financial Officer, and Raghu Balur, our Chief Products Officer. including, but not limited to, statements related to our expected future financial performance, market trends, the capabilities of our technology and products, and the benefits to homeowners and installers, our operations, including manufacturing, customer service, and supply and demand, anticipated growth in existing and new markets, the timing of new product introductions, and regulatory tax, tariff, and supply chain matters. These forward-looking statements involve with the SEC. We caution you not to place any undue reliance on forward-looking statements and undertake no duty or obligation to update any forward-looking statements as a result of new information, future events, or changes in expectations. Also, please note that financial measures used on this call are expressed on a non-GAAP basis unless otherwise noted and have been adjusted to exclude certain charges. We have provided a reconciliation of these non-GAAP financial measures to adapt financial measures in our earnings release furnished with the SEC on Form 8 can also be found in the investor relations section of our website. Now I'd like to introduce Badri Kothandaraman, our president and chief executive officer. Badri. Good afternoon, and thanks for joining us today to discuss our second quarter 2025 financial results. We reported quarterly revenue of $363.2 million, shipped 1.53 million microinverters, and 190.9...