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

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WEBVTT 00:00:00.031 -- 00:00:01.914 being recorded. 00:00:01.914 -- 00:00:04.237 I would now like to turn the conference over to Zach Friedman. 00:00:04.237 -- 00:00:06.578 Please go ahead. 00:00:06.761 -- 00:00:10.546 Good afternoon, and thank you for joining us on today's conference call to discuss Enphase 00:00:10.546 -- 00:00:15.674 Energy's second quarter 2025 results. On today's call are Badri Kothandaraman, our 00:00:15.674 -- 00:00:20.260 President and Chief Executive Officer, Mandy Yang, our Chief Financial Officer, and Raghu 00:00:20.260 -- 00:00:23.222 Balur, our Chief Products Officer. 00:00:32.245 -- 00:00:37.132 including, but not limited to, statements related to our expected future financial performance, 00:00:37.132 -- 00:00:41.178 market trends, the capabilities of our technology and products, and the benefits to homeowners 00:00:41.178 -- 00:00:45.224 and installers, our operations, including manufacturing, customer service, and supply 00:00:45.224 -- 00:00:49.490 and demand, anticipated growth in existing and new markets, the timing of new product 00:00:49.490 -- 00:00:53.235 introductions, and regulatory tax, tariff, and supply chain matters. 00:00:53.235 -- 00:00:56.337 These forward-looking statements involve 00:01:06.164 -- 00:01:10.809 with the SEC. We caution you not to place any undue reliance on forward-looking statements 00:01:10.809 -- 00:01:14.894 and undertake no duty or obligation to update any forward-looking statements as a result 00:01:14.894 -- 00:01:18.498 of new information, future events, or changes in expectations. 00:01:18.498 -- 00:01:22.262 Also, please note that financial measures used on this call are expressed on a non-GAAP 00:01:22.262 -- 00:01:26.426 basis unless otherwise noted and have been adjusted to exclude certai...