vs
Side-by-side financial comparison of Enphase Energy (ENPH) and Frontdoor, Inc. (FTDR). Click either name above to swap in a different company.
Frontdoor, Inc. is the larger business by last-quarter revenue ($451.0M vs $282.9M, roughly 1.6× Enphase Energy). Frontdoor, Inc. runs the higher net margin — 9.1% vs -2.6%, a 11.7% gap on every dollar of revenue. On growth, Frontdoor, Inc. posted the faster year-over-year revenue change (5.9% vs -20.6%). Frontdoor, Inc. produced more free cash flow last quarter ($114.0M vs $83.0M). Over the past eight quarters, Enphase Energy's revenue compounded faster (-3.4% CAGR vs -8.8%).
Enphase Energy, Inc. is an American energy technology company headquartered in Fremont, California, that develops and manufactures solar micro-inverters, battery energy storage, and EV charging stations primarily for residential customers. Enphase was established in 2006 and is the first company to successfully commercialize solar micro-inverters, which convert the direct current (DC) power generated by solar panels into grid-compatible alternating current (AC) for use or export.
Frontdoor, Inc. operates a leading U.S.-focused home services and protection platform. It offers customizable home warranty plans covering repairs and replacements for household appliances, HVAC, plumbing, and electrical systems, plus on-demand access to a network of pre-vetted local service professionals for residential maintenance and repairs.
ENPH vs FTDR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $282.9M | $451.0M |
| Net Profit | $-7.4M | $41.0M |
| Gross Margin | 35.5% | 55.0% |
| Operating Margin | 54.0% | — |
| Net Margin | -2.6% | 9.1% |
| Revenue YoY | -20.6% | 5.9% |
| Net Profit YoY | -124.9% | 10.8% |
| EPS (diluted) | $-0.06 | $0.57 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $282.9M | $451.0M | ||
| Q4 25 | $343.3M | $432.0M | ||
| Q3 25 | $410.4M | $618.0M | ||
| Q2 25 | $363.2M | $617.0M | ||
| Q1 25 | $356.1M | $426.0M | ||
| Q4 24 | $382.7M | $383.0M | ||
| Q3 24 | $380.9M | $540.0M | ||
| Q2 24 | $303.5M | $542.0M |
| Q1 26 | $-7.4M | $41.0M | ||
| Q4 25 | $38.7M | $1.0M | ||
| Q3 25 | $66.6M | $106.0M | ||
| Q2 25 | $37.1M | $111.0M | ||
| Q1 25 | $29.7M | $37.0M | ||
| Q4 24 | $62.2M | $9.0M | ||
| Q3 24 | $45.8M | $100.0M | ||
| Q2 24 | $10.8M | $92.0M |
| Q1 26 | 35.5% | 55.0% | ||
| Q4 25 | 44.3% | 49.3% | ||
| Q3 25 | 47.8% | 57.1% | ||
| Q2 25 | 46.9% | 57.7% | ||
| Q1 25 | 47.2% | 55.2% | ||
| Q4 24 | 51.8% | 48.0% | ||
| Q3 24 | 46.8% | 56.7% | ||
| Q2 24 | 45.2% | 56.5% |
| Q1 26 | 54.0% | — | ||
| Q4 25 | 6.5% | 0.5% | ||
| Q3 25 | 16.1% | 23.0% | ||
| Q2 25 | 10.2% | 23.7% | ||
| Q1 25 | 9.0% | 11.3% | ||
| Q4 24 | 14.3% | 1.6% | ||
| Q3 24 | 13.1% | 24.8% | ||
| Q2 24 | 0.6% | 22.9% |
| Q1 26 | -2.6% | 9.1% | ||
| Q4 25 | 11.3% | 0.2% | ||
| Q3 25 | 16.2% | 17.2% | ||
| Q2 25 | 10.2% | 18.0% | ||
| Q1 25 | 8.3% | 8.7% | ||
| Q4 24 | 16.2% | 2.3% | ||
| Q3 24 | 12.0% | 18.5% | ||
| Q2 24 | 3.6% | 17.0% |
| Q1 26 | $-0.06 | $0.57 | ||
| Q4 25 | $0.29 | $0.03 | ||
| Q3 25 | $0.50 | $1.42 | ||
| Q2 25 | $0.28 | $1.48 | ||
| Q1 25 | $0.22 | $0.49 | ||
| Q4 24 | $0.46 | $0.10 | ||
| Q3 24 | $0.33 | $1.30 | ||
| Q2 24 | $0.08 | $1.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $497.5M | $603.0M |
| Total DebtLower is stronger | — | $1.2B |
| Stockholders' EquityBook value | $1.1B | $230.0M |
| Total Assets | $2.7B | $2.2B |
| Debt / EquityLower = less leverage | — | 5.07× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $497.5M | $603.0M | ||
| Q4 25 | $1.5B | $566.0M | ||
| Q3 25 | $1.5B | $563.0M | ||
| Q2 25 | $1.5B | $562.0M | ||
| Q1 25 | $1.5B | $506.0M | ||
| Q4 24 | $1.6B | $436.0M | ||
| Q3 24 | $1.8B | $375.0M | ||
| Q2 24 | $1.6B | $419.0M |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.3B | $565.0M | ||
| Q2 24 | $1.3B | $569.0M |
| Q1 26 | $1.1B | $230.0M | ||
| Q4 25 | $1.1B | $242.0M | ||
| Q3 25 | $995.0M | $316.0M | ||
| Q2 25 | $880.6M | $254.0M | ||
| Q1 25 | $810.7M | $198.0M | ||
| Q4 24 | $833.0M | $239.0M | ||
| Q3 24 | $931.4M | $261.0M | ||
| Q2 24 | $884.5M | $214.0M |
| Q1 26 | $2.7B | $2.2B | ||
| Q4 25 | $3.5B | $2.1B | ||
| Q3 25 | $3.3B | $2.2B | ||
| Q2 25 | $3.2B | $2.2B | ||
| Q1 25 | $3.1B | $2.1B | ||
| Q4 24 | $3.2B | $2.1B | ||
| Q3 24 | $3.3B | $1.2B | ||
| Q2 24 | $3.2B | $1.2B |
| Q1 26 | — | 5.07× | ||
| Q4 25 | 1.11× | 4.73× | ||
| Q3 25 | 1.21× | 3.64× | ||
| Q2 25 | 1.37× | 4.56× | ||
| Q1 25 | 1.48× | 5.88× | ||
| Q4 24 | 1.56× | 4.90× | ||
| Q3 24 | 1.40× | 2.16× | ||
| Q2 24 | 1.47× | 2.66× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $102.9M | — |
| Free Cash FlowOCF − Capex | $83.0M | $114.0M |
| FCF MarginFCF / Revenue | 29.3% | 25.3% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $145.1M | $387.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $102.9M | — | ||
| Q4 25 | $47.6M | $101.0M | ||
| Q3 25 | $13.9M | $64.0M | ||
| Q2 25 | $26.6M | $127.0M | ||
| Q1 25 | $48.4M | $124.0M | ||
| Q4 24 | $167.3M | $58.0M | ||
| Q3 24 | $170.1M | $25.0M | ||
| Q2 24 | $127.1M | $103.0M |
| Q1 26 | $83.0M | $114.0M | ||
| Q4 25 | $37.8M | $95.0M | ||
| Q3 25 | $5.9M | $58.0M | ||
| Q2 25 | $18.4M | $120.0M | ||
| Q1 25 | $33.8M | $117.0M | ||
| Q4 24 | $159.2M | $50.0M | ||
| Q3 24 | $161.6M | $16.0M | ||
| Q2 24 | $117.4M | $91.0M |
| Q1 26 | 29.3% | 25.3% | ||
| Q4 25 | 11.0% | 22.0% | ||
| Q3 25 | 1.4% | 9.4% | ||
| Q2 25 | 5.1% | 19.4% | ||
| Q1 25 | 9.5% | 27.5% | ||
| Q4 24 | 41.6% | 13.1% | ||
| Q3 24 | 42.4% | 3.0% | ||
| Q2 24 | 38.7% | 16.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.8% | 1.4% | ||
| Q3 25 | 2.0% | 1.0% | ||
| Q2 25 | 2.3% | 1.1% | ||
| Q1 25 | 4.1% | 1.6% | ||
| Q4 24 | 2.1% | 2.1% | ||
| Q3 24 | 2.2% | 1.7% | ||
| Q2 24 | 3.2% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | 101.00× | ||
| Q3 25 | 0.21× | 0.60× | ||
| Q2 25 | 0.72× | 1.14× | ||
| Q1 25 | 1.63× | 3.35× | ||
| Q4 24 | 2.69× | 6.44× | ||
| Q3 24 | 3.72× | 0.25× | ||
| Q2 24 | 11.73× | 1.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
