# Enphase Energy, Inc. (ENPH) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Enphase Energy, Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/ENPH/mda/fy2025/): filed 2026-02-17; accession 0001463101-26-000013 (https://www.sec.gov/Archives/edgar/data/1463101/000146310126000013/enph-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/ENPH/mda/fy2024/): filed 2025-02-10; accession 0001463101-25-000024 (https://www.sec.gov/Archives/edgar/data/1463101/000146310125000024/enph-20241231.htm)
- [FY 2023 MD&A](/company/ENPH/mda/fy2023/): filed 2024-02-09; accession 0001463101-24-000024 (https://www.sec.gov/Archives/edgar/data/1463101/000146310124000024/enph-20231231.htm)
- [FY 2022 MD&A](/company/ENPH/mda/fy2022/): filed 2023-02-13; accession 0001463101-23-000025 (https://www.sec.gov/Archives/edgar/data/1463101/000146310123000025/enph-20221231.htm)
- [FY 2021 MD&A](/company/ENPH/mda/fy2021/): filed 2022-02-11; accession 0001463101-22-000016 (https://www.sec.gov/Archives/edgar/data/1463101/000146310122000016/enph-20211231.htm)

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