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Side-by-side financial comparison of Enphase Energy (ENPH) and RENASANT CORP (RNST). Click either name above to swap in a different company.

Enphase Energy is the larger business by last-quarter revenue ($282.9M vs $273.8M, roughly 1.0× RENASANT CORP). RENASANT CORP runs the higher net margin — 32.2% vs -2.6%, a 34.8% gap on every dollar of revenue. Over the past eight quarters, RENASANT CORP's revenue compounded faster (29.3% 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.

Renasant Bank is an American regional commercial financial institution based in Tupelo, Mississippi. The bank has more than 280 branches in Alabama, Florida, Georgia, Mississippi, Louisiana, Tennessee, North Carolina and South Carolina. Renasant Bank operates under the parent company Renasant Corporation and is affiliated with Renasant Nation, a platform through which they publish blogs and shows.

ENPH vs RNST — Head-to-Head

Bigger by revenue
ENPH
ENPH
1.0× larger
ENPH
$282.9M
$273.8M
RNST
Higher net margin
RNST
RNST
34.8% more per $
RNST
32.2%
-2.6%
ENPH
Faster 2-yr revenue CAGR
RNST
RNST
Annualised
RNST
29.3%
-3.4%
ENPH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ENPH
ENPH
RNST
RNST
Revenue
$282.9M
$273.8M
Net Profit
$-7.4M
$88.2M
Gross Margin
35.5%
Operating Margin
Net Margin
-2.6%
32.2%
Revenue YoY
-20.6%
Net Profit YoY
-124.9%
112.5%
EPS (diluted)
$-0.06
$0.94

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
RNST
RNST
Q1 26
$282.9M
$273.8M
Q4 25
$343.3M
$278.4M
Q3 25
$410.4M
$269.5M
Q2 25
$363.2M
$267.2M
Q1 25
$356.1M
$170.7M
Q4 24
$382.7M
$167.1M
Q3 24
$380.9M
$220.3M
Q2 24
$303.5M
$163.8M
Net Profit
ENPH
ENPH
RNST
RNST
Q1 26
$-7.4M
$88.2M
Q4 25
$38.7M
$78.9M
Q3 25
$66.6M
$59.8M
Q2 25
$37.1M
$1.0M
Q1 25
$29.7M
$41.5M
Q4 24
$62.2M
$44.7M
Q3 24
$45.8M
$72.5M
Q2 24
$10.8M
$38.8M
Gross Margin
ENPH
ENPH
RNST
RNST
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
RNST
RNST
Q1 26
Q4 25
6.5%
34.8%
Q3 25
16.1%
27.9%
Q2 25
10.2%
1.0%
Q1 25
9.0%
30.4%
Q4 24
14.3%
29.8%
Q3 24
13.1%
44.2%
Q2 24
0.6%
29.6%
Net Margin
ENPH
ENPH
RNST
RNST
Q1 26
-2.6%
32.2%
Q4 25
11.3%
28.4%
Q3 25
16.2%
22.2%
Q2 25
10.2%
0.4%
Q1 25
8.3%
24.3%
Q4 24
16.2%
26.8%
Q3 24
12.0%
32.9%
Q2 24
3.6%
23.7%
EPS (diluted)
ENPH
ENPH
RNST
RNST
Q1 26
$-0.06
$0.94
Q4 25
$0.29
$0.78
Q3 25
$0.50
$0.63
Q2 25
$0.28
$0.01
Q1 25
$0.22
$0.65
Q4 24
$0.46
$0.70
Q3 24
$0.33
$1.18
Q2 24
$0.08
$0.69

Balance Sheet & Financial Strength

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

Metric
ENPH
ENPH
RNST
RNST
Cash + ST InvestmentsLiquidity on hand
$497.5M
$1.2B
Total DebtLower is stronger
$806.2M
Stockholders' EquityBook value
$1.1B
$3.9B
Total Assets
$2.7B
$27.1B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENPH
ENPH
RNST
RNST
Q1 26
$497.5M
$1.2B
Q4 25
$1.5B
$1.1B
Q3 25
$1.5B
$1.1B
Q2 25
$1.5B
$1.4B
Q1 25
$1.5B
$1.1B
Q4 24
$1.6B
$1.1B
Q3 24
$1.8B
$1.3B
Q2 24
$1.6B
$851.9M
Total Debt
ENPH
ENPH
RNST
RNST
Q1 26
$806.2M
Q4 25
$1.2B
$499.8M
Q3 25
$1.2B
$558.9M
Q2 25
$1.2B
$557.0M
Q1 25
$1.2B
$433.3M
Q4 24
$1.3B
$430.6M
Q3 24
$1.3B
$433.2M
Q2 24
$1.3B
$428.7M
Stockholders' Equity
ENPH
ENPH
RNST
RNST
Q1 26
$1.1B
$3.9B
Q4 25
$1.1B
$3.9B
Q3 25
$995.0M
$3.8B
Q2 25
$880.6M
$3.8B
Q1 25
$810.7M
$2.7B
Q4 24
$833.0M
$2.7B
Q3 24
$931.4M
$2.7B
Q2 24
$884.5M
$2.4B
Total Assets
ENPH
ENPH
RNST
RNST
Q1 26
$2.7B
$27.1B
Q4 25
$3.5B
$26.8B
Q3 25
$3.3B
$26.7B
Q2 25
$3.2B
$26.6B
Q1 25
$3.1B
$18.3B
Q4 24
$3.2B
$18.0B
Q3 24
$3.3B
$18.0B
Q2 24
$3.2B
$17.5B
Debt / Equity
ENPH
ENPH
RNST
RNST
Q1 26
0.21×
Q4 25
1.11×
0.13×
Q3 25
1.21×
0.15×
Q2 25
1.37×
0.15×
Q1 25
1.48×
0.16×
Q4 24
1.56×
0.16×
Q3 24
1.40×
0.16×
Q2 24
1.47×
0.18×

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
RNST
RNST
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
RNST
RNST
Q1 26
$102.9M
Q4 25
$47.6M
$271.5M
Q3 25
$13.9M
$135.5M
Q2 25
$26.6M
$-77.3M
Q1 25
$48.4M
$106.2M
Q4 24
$167.3M
$106.4M
Q3 24
$170.1M
$-1.7M
Q2 24
$127.1M
$-49.1M
Free Cash Flow
ENPH
ENPH
RNST
RNST
Q1 26
$83.0M
Q4 25
$37.8M
$237.8M
Q3 25
$5.9M
$120.1M
Q2 25
$18.4M
$-87.5M
Q1 25
$33.8M
$101.3M
Q4 24
$159.2M
$92.8M
Q3 24
$161.6M
$-5.3M
Q2 24
$117.4M
$-52.6M
FCF Margin
ENPH
ENPH
RNST
RNST
Q1 26
29.3%
Q4 25
11.0%
85.4%
Q3 25
1.4%
44.6%
Q2 25
5.1%
-32.7%
Q1 25
9.5%
59.4%
Q4 24
41.6%
55.5%
Q3 24
42.4%
-2.4%
Q2 24
38.7%
-32.1%
Capex Intensity
ENPH
ENPH
RNST
RNST
Q1 26
Q4 25
2.8%
12.1%
Q3 25
2.0%
5.7%
Q2 25
2.3%
3.8%
Q1 25
4.1%
2.8%
Q4 24
2.1%
8.2%
Q3 24
2.2%
1.6%
Q2 24
3.2%
2.1%
Cash Conversion
ENPH
ENPH
RNST
RNST
Q1 26
Q4 25
1.23×
3.44×
Q3 25
0.21×
2.27×
Q2 25
0.72×
-75.92×
Q1 25
1.63×
2.56×
Q4 24
2.69×
2.38×
Q3 24
3.72×
-0.02×
Q2 24
11.73×
-1.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ENPH
ENPH

Segment breakdown not available.

RNST
RNST

Net Interest Income$223.6M82%
Noninterest Income$50.3M18%

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