Enphase Energy Reports Financial Results for the Fourth Quarter of 2024
We reported quarterly revenue of $382.7 million in the fourth quarter of 2024, along with 53.2% for non-GAAP gross margin. We shipped approximately 2.01 million microinverters, or 878.0 megawatts DC, and 152.4 megawatt hours of IQ ® Batteries. Financial highlights for the fourth quarter of 2024 are listed below: