financetom
Business
financetom
/
Business
/
Enphase Energy forecasts fourth-quarter revenue below estimates, signals tariff hit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Enphase Energy forecasts fourth-quarter revenue below estimates, signals tariff hit
Oct 28, 2025 3:51 PM

(Reuters) -Enphase Energy ( ENPH ) forecast fourth-quarter revenue below Wall Street estimates on Tuesday, and said U.S. President Donald Trump's tariffs had a negative impact on its margins, sending the solar inverter maker's shares down over 8% after hours.

The company said the tariffs hit its third-quarter margins by 4.9% points and they are also expected to hurt the current quarter.

Enphase on a post-earning call said it expects limited exposure to the recent China-related tariffs as the company's supply chain transitions away from China.

Enphase currently pays over 40% tariffs for the cell packs coming from China, it added.

U.S. trade officials in April finalized steep tariffs on most solar cells imported from Southeast Asia, after American manufacturers complained that companies from the region were flooding the market with unfairly cheap goods.

Renewable energy companies such as Enphase Energy ( ENPH ) are also facing uncertainty following the passage of Trump's One Big Beautiful Bill Act (OBBA), which accelerates the phase-out of clean energy tax credits.

Enphase Energy ( ENPH ) now expects fourth-quarter revenue between $310 million and $350 million, with the midpoint coming in below analysts' expectations of $382.96 million, according to data compiled by LSEG.

The company also forecast fourth-quarter gross margin of between 42% and 45%, including about 5% points of tariff impact.

However, the company beat third-quarter estimates as revenue from the U.S. increased 29%, compared to the second quarter.

It posted an adjusted profit of 90 cents per share for the quarter ended September 30, compared with estimates of 65 cents.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2026 - www.financetom.com All Rights Reserved