According to foreign media reports, on January 23, Enphase Energy, an American solar inverter manufacturer, said it planned to lay off about 160 people , or about 6% of its workforce, due to the decline in demand for residential solar energy caused by the expiration of federal tax credits. It also plans to transfer some functions to lower-cost areas to reduce expenditure.
In addition, the company plans to reduce costs by relying on distributors to sell in some smaller markets, prioritizing the development of its core products and software, and using artificial intelligence and automation to improve productivity.
Enphase Energy expects to incur charges of approximately $ 4.6 million for the restructuring, including approximately $4.2 million in the first quarter. The company disclosed that the restructuring plan will be basically completed in the first half of this year. After
restructuring, the company expects its adjusted operating expenses to decrease to between $70 million and $75 million per quarter, starting in the third quarter of 2026.
public information, Enphase Energy was founded in 2006, focusing on photovoltaic June". The company acquired Sun Power's micro-inverter subsidiary for $25 million and became its exclusive supplier; In 2020, the business was further extended to energy storage and other fields, and since then, the company has entered a rapid growth stage, with net profit increasing from $ 134 million to $4 in 2023.
However, the weather is unpredictable. In 2024, Enphase Energy's net profit fell sharply to 1 due to the decline in residential solar demand.
By 2025, this dilemma has not been alleviated.
According to the three-quarter report, the company's revenue in the first three quarters of 2025 was about $ 1.154 billion, and its net profit was about $ 149 million. Revenue in the third quarter was $ 410 million, with a net profit of about 0.
For the fourth quarter and full year of 2025, the company announced that it would be released on February 3, 2026.
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