Enphase Energy Q3 2026 net income drops 65% year over year to $23.39 million
Bitget2026/10/27 20:10- Enphase Energy's third-quarter 2026 GAAP net income fell 65% year-over-year to $23.39 million; revenue dropped 29% to $293.33 million.
- U.S. sell-through declined 35% year-over-year, while European sell-through fell 12% sequentially during the quarter.
- IQ SST customer pilots remain scheduled for 2027, with commercial shipments expected to begin in 2028.
- Fourth-quarter 2026 revenue is forecast at $225 million to $255 million, assuming sell-through declines 10% sequentially.
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