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Enphase Energy to Cut Nearly 160 Jobs Amid Revenue Decline

Image: Enphase Energy


Microinverter supplier Enphase Energy has disclosed plans to reduce its global workforce by nearly 160 positions, according to a filing with the U.S. Securities and Exchange Commission (SEC).


The layoffs will impact less than 6% of the company’s total workforce and are expected to be carried out during the first half of 2026. Enphase said it will continue to prioritize investment in core product and software research and development, while also seeking to improve productivity through increased use of artificial intelligence and automation.


The workforce reduction was announced just days before Enphase released its fourth-quarter 2025 financial results, which showed declines in both quarterly and year-on-year revenue.


Enphase reported Q4 2025 revenue of US$343 million, down from US$410 million in the previous quarter, which marked a two-year high. Revenue was also lower than the US$382 million recorded in the same period of 2024.


On a regional basis, Enphase said revenues declined 13% quarter-on-quarter in the United States and 29% in Europe. The US revenue decrease was attributed primarily to lower safe harbor revenue, which fell to US$20.3 million in Q4 2025 from US$70.9 million in the prior quarter, as well as weaker energy storage sales.


In Europe, Enphase cited a continued softening of market demand as the main driver behind the revenue decline.