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Side-by-side financial comparison of Enphase Energy (ENPH) and PROSPERITY BANCSHARES INC (PB). Click either name above to swap in a different company.

PROSPERITY BANCSHARES INC is the larger business by last-quarter revenue ($367.6M vs $282.9M, roughly 1.3× Enphase Energy). PROSPERITY BANCSHARES INC runs the higher net margin — 31.6% vs -2.6%, a 34.2% gap on every dollar of revenue. Over the past eight quarters, PROSPERITY BANCSHARES INC's revenue compounded faster (19.2% CAGR vs -3.4%).

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.

Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including The Woodlands, Texas; 30 in South Texas, including Corpus Christi, Texas and Victoria, Texas; 75 in the Dallas–Fort Worth metroplex; 22 in East Texas; 29 in Central Texas, including Austin, Texas and San Antonio; 34 in West Texas, including Lubbock, Texas, Midland–Odess...

ENPH vs PB — Head-to-Head

Bigger by revenue
PB
PB
1.3× larger
PB
$367.6M
$282.9M
ENPH
Higher net margin
PB
PB
34.2% more per $
PB
31.6%
-2.6%
ENPH
Faster 2-yr revenue CAGR
PB
PB
Annualised
PB
19.2%
-3.4%
ENPH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ENPH
ENPH
PB
PB
Revenue
$282.9M
$367.6M
Net Profit
$-7.4M
$116.3M
Gross Margin
35.5%
Operating Margin
Net Margin
-2.6%
31.6%
Revenue YoY
-20.6%
Net Profit YoY
-124.9%
-10.7%
EPS (diluted)
$-0.06
$1.16

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.

Revenue
ENPH
ENPH
PB
PB
Q1 26
$282.9M
$367.6M
Q4 25
$343.3M
$275.0M
Q3 25
$410.4M
$273.4M
Q2 25
$363.2M
$267.7M
Q1 25
$356.1M
$265.4M
Q4 24
$382.7M
$267.8M
Q3 24
$380.9M
$261.7M
Q2 24
$303.5M
$258.8M
Net Profit
ENPH
ENPH
PB
PB
Q1 26
$-7.4M
$116.3M
Q4 25
$38.7M
$139.9M
Q3 25
$66.6M
$137.6M
Q2 25
$37.1M
$135.2M
Q1 25
$29.7M
$130.2M
Q4 24
$62.2M
$130.1M
Q3 24
$45.8M
$127.3M
Q2 24
$10.8M
$111.6M
Gross Margin
ENPH
ENPH
PB
PB
Q1 26
35.5%
Q4 25
44.3%
Q3 25
47.8%
Q2 25
46.9%
Q1 25
47.2%
Q4 24
51.8%
Q3 24
46.8%
Q2 24
45.2%
Operating Margin
ENPH
ENPH
PB
PB
Q1 26
Q4 25
6.5%
65.1%
Q3 25
16.1%
64.4%
Q2 25
10.2%
64.3%
Q1 25
9.0%
62.7%
Q4 24
14.3%
62.0%
Q3 24
13.1%
62.1%
Q2 24
0.6%
55.2%
Net Margin
ENPH
ENPH
PB
PB
Q1 26
-2.6%
31.6%
Q4 25
11.3%
50.9%
Q3 25
16.2%
50.3%
Q2 25
10.2%
50.5%
Q1 25
8.3%
49.1%
Q4 24
16.2%
48.6%
Q3 24
12.0%
48.6%
Q2 24
3.6%
43.1%
EPS (diluted)
ENPH
ENPH
PB
PB
Q1 26
$-0.06
$1.16
Q4 25
$0.29
$1.48
Q3 25
$0.50
$1.45
Q2 25
$0.28
$1.42
Q1 25
$0.22
$1.37
Q4 24
$0.46
$1.36
Q3 24
$0.33
$1.34
Q2 24
$0.08
$1.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ENPH
ENPH
PB
PB
Cash + ST InvestmentsLiquidity on hand
$497.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$8.2B
Total Assets
$2.7B
$43.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENPH
ENPH
PB
PB
Q1 26
$497.5M
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.6B
Q3 24
$1.8B
Q2 24
$1.6B
Total Debt
ENPH
ENPH
PB
PB
Q1 26
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.3B
Stockholders' Equity
ENPH
ENPH
PB
PB
Q1 26
$1.1B
$8.2B
Q4 25
$1.1B
$7.6B
Q3 25
$995.0M
$7.7B
Q2 25
$880.6M
$7.6B
Q1 25
$810.7M
$7.5B
Q4 24
$833.0M
$7.4B
Q3 24
$931.4M
$7.4B
Q2 24
$884.5M
$7.3B
Total Assets
ENPH
ENPH
PB
PB
Q1 26
$2.7B
$43.6B
Q4 25
$3.5B
$38.5B
Q3 25
$3.3B
$38.3B
Q2 25
$3.2B
$38.4B
Q1 25
$3.1B
$38.8B
Q4 24
$3.2B
$39.6B
Q3 24
$3.3B
$40.1B
Q2 24
$3.2B
$39.8B
Debt / Equity
ENPH
ENPH
PB
PB
Q1 26
Q4 25
1.11×
Q3 25
1.21×
Q2 25
1.37×
Q1 25
1.48×
Q4 24
1.56×
Q3 24
1.40×
Q2 24
1.47×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ENPH
ENPH
PB
PB
Operating Cash FlowLast quarter
$102.9M
Free Cash FlowOCF − Capex
$83.0M
FCF MarginFCF / Revenue
29.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$145.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENPH
ENPH
PB
PB
Q1 26
$102.9M
Q4 25
$47.6M
$78.3M
Q3 25
$13.9M
$194.8M
Q2 25
$26.6M
$98.2M
Q1 25
$48.4M
$178.2M
Q4 24
$167.3M
$-205.8M
Q3 24
$170.1M
$274.6M
Q2 24
$127.1M
$216.5M
Free Cash Flow
ENPH
ENPH
PB
PB
Q1 26
$83.0M
Q4 25
$37.8M
$68.5M
Q3 25
$5.9M
$185.7M
Q2 25
$18.4M
$91.8M
Q1 25
$33.8M
$171.1M
Q4 24
$159.2M
$-210.7M
Q3 24
$161.6M
$270.2M
Q2 24
$117.4M
$211.8M
FCF Margin
ENPH
ENPH
PB
PB
Q1 26
29.3%
Q4 25
11.0%
24.9%
Q3 25
1.4%
67.9%
Q2 25
5.1%
34.3%
Q1 25
9.5%
64.5%
Q4 24
41.6%
-78.7%
Q3 24
42.4%
103.3%
Q2 24
38.7%
81.8%
Capex Intensity
ENPH
ENPH
PB
PB
Q1 26
Q4 25
2.8%
3.6%
Q3 25
2.0%
3.3%
Q2 25
2.3%
2.4%
Q1 25
4.1%
2.7%
Q4 24
2.1%
1.8%
Q3 24
2.2%
1.7%
Q2 24
3.2%
1.8%
Cash Conversion
ENPH
ENPH
PB
PB
Q1 26
Q4 25
1.23×
0.56×
Q3 25
0.21×
1.42×
Q2 25
0.72×
0.73×
Q1 25
1.63×
1.37×
Q4 24
2.69×
-1.58×
Q3 24
3.72×
2.16×
Q2 24
11.73×
1.94×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ENPH
ENPH

Segment breakdown not available.

PB
PB

Net Interest Income$321.1M87%
Noninterest Income$46.5M13%

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