vs
Side-by-side financial comparison of Enphase Energy (ENPH) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.
Enphase Energy is the larger business by last-quarter revenue ($282.9M vs $168.3M, roughly 1.7× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs -2.6%, a 28.0% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs -20.6%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $83.0M). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% 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.
National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.
ENPH vs PRK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $282.9M | $168.3M |
| Net Profit | $-7.4M | $42.6M |
| Gross Margin | 35.5% | — |
| Operating Margin | 54.0% | — |
| Net Margin | -2.6% | 25.3% |
| Revenue YoY | -20.6% | 2.2% |
| Net Profit YoY | -124.9% | 10.4% |
| EPS (diluted) | $-0.06 | $2.62 |
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 | — | ||
| Q4 25 | $343.3M | $168.3M | ||
| Q3 25 | $410.4M | $169.5M | ||
| Q2 25 | $363.2M | $168.7M | ||
| Q1 25 | $356.1M | $157.9M | ||
| Q4 24 | $382.7M | $164.7M | ||
| Q3 24 | $380.9M | $170.3M | ||
| Q2 24 | $303.5M | $157.7M |
| Q1 26 | $-7.4M | — | ||
| Q4 25 | $38.7M | $42.6M | ||
| Q3 25 | $66.6M | $47.2M | ||
| Q2 25 | $37.1M | $48.1M | ||
| Q1 25 | $29.7M | $42.2M | ||
| Q4 24 | $62.2M | $38.6M | ||
| Q3 24 | $45.8M | $38.2M | ||
| Q2 24 | $10.8M | $39.4M |
| 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% | — |
| Q1 26 | 54.0% | — | ||
| Q4 25 | 6.5% | — | ||
| Q3 25 | 16.1% | 34.3% | ||
| Q2 25 | 10.2% | 35.2% | ||
| Q1 25 | 9.0% | 32.4% | ||
| Q4 24 | 14.3% | — | ||
| Q3 24 | 13.1% | 27.4% | ||
| Q2 24 | 0.6% | 30.6% |
| Q1 26 | -2.6% | — | ||
| Q4 25 | 11.3% | 25.3% | ||
| Q3 25 | 16.2% | 27.8% | ||
| Q2 25 | 10.2% | 28.5% | ||
| Q1 25 | 8.3% | 26.7% | ||
| Q4 24 | 16.2% | 23.5% | ||
| Q3 24 | 12.0% | 22.4% | ||
| Q2 24 | 3.6% | 25.0% |
| Q1 26 | $-0.06 | — | ||
| Q4 25 | $0.29 | $2.62 | ||
| Q3 25 | $0.50 | $2.92 | ||
| Q2 25 | $0.28 | $2.97 | ||
| Q1 25 | $0.22 | $2.60 | ||
| Q4 24 | $0.46 | $2.38 | ||
| Q3 24 | $0.33 | $2.35 | ||
| Q2 24 | $0.08 | $2.42 |
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 | $233.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $1.4B |
| Total Assets | $2.7B | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $497.5M | — | ||
| Q4 25 | $1.5B | $233.5M | ||
| Q3 25 | $1.5B | $218.9M | ||
| Q2 25 | $1.5B | $193.1M | ||
| Q1 25 | $1.5B | $237.6M | ||
| Q4 24 | $1.6B | $160.6M | ||
| Q3 24 | $1.8B | $201.7M | ||
| Q2 24 | $1.6B | $261.5M |
| 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 | — |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $995.0M | $1.3B | ||
| Q2 25 | $880.6M | $1.3B | ||
| Q1 25 | $810.7M | $1.3B | ||
| Q4 24 | $833.0M | $1.2B | ||
| Q3 24 | $931.4M | $1.2B | ||
| Q2 24 | $884.5M | $1.2B |
| Q1 26 | $2.7B | — | ||
| Q4 25 | $3.5B | $9.8B | ||
| Q3 25 | $3.3B | $9.9B | ||
| Q2 25 | $3.2B | $9.9B | ||
| Q1 25 | $3.1B | $9.9B | ||
| Q4 24 | $3.2B | $9.8B | ||
| Q3 24 | $3.3B | $9.9B | ||
| Q2 24 | $3.2B | $9.9B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $102.9M | $198.3M |
| Free Cash FlowOCF − Capex | $83.0M | $191.9M |
| FCF MarginFCF / Revenue | 29.3% | 114.1% |
| Capex IntensityCapex / Revenue | — | 3.8% |
| Cash ConversionOCF / Net Profit | — | 4.65× |
| TTM Free Cash FlowTrailing 4 quarters | $145.1M | $328.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $102.9M | — | ||
| Q4 25 | $47.6M | $198.3M | ||
| Q3 25 | $13.9M | $52.6M | ||
| Q2 25 | $26.6M | $49.7M | ||
| Q1 25 | $48.4M | $37.9M | ||
| Q4 24 | $167.3M | $178.8M | ||
| Q3 24 | $170.1M | $43.8M | ||
| Q2 24 | $127.1M | $50.9M |
| Q1 26 | $83.0M | — | ||
| Q4 25 | $37.8M | $191.9M | ||
| Q3 25 | $5.9M | $51.1M | ||
| Q2 25 | $18.4M | $48.4M | ||
| Q1 25 | $33.8M | $36.8M | ||
| Q4 24 | $159.2M | $169.7M | ||
| Q3 24 | $161.6M | $41.7M | ||
| Q2 24 | $117.4M | $49.0M |
| Q1 26 | 29.3% | — | ||
| Q4 25 | 11.0% | 114.1% | ||
| Q3 25 | 1.4% | 30.1% | ||
| Q2 25 | 5.1% | 28.7% | ||
| Q1 25 | 9.5% | 23.3% | ||
| Q4 24 | 41.6% | 103.0% | ||
| Q3 24 | 42.4% | 24.5% | ||
| Q2 24 | 38.7% | 31.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.8% | 3.8% | ||
| Q3 25 | 2.0% | 0.9% | ||
| Q2 25 | 2.3% | 0.8% | ||
| Q1 25 | 4.1% | 0.7% | ||
| Q4 24 | 2.1% | 5.6% | ||
| Q3 24 | 2.2% | 1.2% | ||
| Q2 24 | 3.2% | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | 4.65× | ||
| Q3 25 | 0.21× | 1.11× | ||
| Q2 25 | 0.72× | 1.03× | ||
| Q1 25 | 1.63× | 0.90× | ||
| Q4 24 | 2.69× | 4.63× | ||
| Q3 24 | 3.72× | 1.14× | ||
| Q2 24 | 11.73× | 1.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
