Enphase Energy sells $235M in advanced manufacturing production tax credits for $218.55M, reducing projected Q1 2026 GAAP gross margin by approximately 6.7 percentage points
Enphase Energy entered into an agreement to sell $235 million in advanced manufacturing production tax credits for a purchase price of $218.55 million. This transaction is expected to reduce the company's projected Q1 2026 GAAP gross margin by approximately 6.7 percentage points compared to its prior guidance.
