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Side-by-side financial comparison of Enphase Energy (ENPH) and Revolve Group, Inc. (RVLV). Click either name above to swap in a different company.
Revolve Group, Inc. is the larger business by last-quarter revenue ($324.4M vs $282.9M, roughly 1.1× Enphase Energy). Revolve Group, Inc. runs the higher net margin — 5.7% vs -2.6%, a 8.3% gap on every dollar of revenue. On growth, Revolve Group, Inc. posted the faster year-over-year revenue change (10.4% vs -20.6%). Enphase Energy produced more free cash flow last quarter ($83.0M vs $-13.3M). Over the past eight quarters, Revolve Group, Inc.'s revenue compounded faster (9.5% 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.
Revolve Theatre Company is a Henley-on-Thames based theatre company specialising in political and Shakespearean plays. The company is owned by Oliver Dench, Joe Morris and Tom Smith.
ENPH vs RVLV — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $282.9M | $324.4M |
| Net Profit | $-7.4M | $18.6M |
| Gross Margin | 35.5% | 53.3% |
| Operating Margin | 54.0% | 6.3% |
| Net Margin | -2.6% | 5.7% |
| Revenue YoY | -20.6% | 10.4% |
| Net Profit YoY | -124.9% | 50.4% |
| EPS (diluted) | $-0.06 | $0.27 |
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 | $324.4M | ||
| Q3 25 | $410.4M | $295.6M | ||
| Q2 25 | $363.2M | $309.0M | ||
| Q1 25 | $356.1M | $296.7M | ||
| Q4 24 | $382.7M | $293.7M | ||
| Q3 24 | $380.9M | $283.1M | ||
| Q2 24 | $303.5M | $282.5M |
| Q1 26 | $-7.4M | — | ||
| Q4 25 | $38.7M | $18.6M | ||
| Q3 25 | $66.6M | $21.2M | ||
| Q2 25 | $37.1M | $10.2M | ||
| Q1 25 | $29.7M | $11.8M | ||
| Q4 24 | $62.2M | $12.3M | ||
| Q3 24 | $45.8M | $11.0M | ||
| Q2 24 | $10.8M | $15.4M |
| Q1 26 | 35.5% | — | ||
| Q4 25 | 44.3% | 53.3% | ||
| Q3 25 | 47.8% | 54.6% | ||
| Q2 25 | 46.9% | 54.1% | ||
| Q1 25 | 47.2% | 52.0% | ||
| Q4 24 | 51.8% | 52.5% | ||
| Q3 24 | 46.8% | 51.2% | ||
| Q2 24 | 45.2% | 54.0% |
| Q1 26 | 54.0% | — | ||
| Q4 25 | 6.5% | 6.3% | ||
| Q3 25 | 16.1% | 7.1% | ||
| Q2 25 | 10.2% | 5.8% | ||
| Q1 25 | 9.0% | 5.0% | ||
| Q4 24 | 14.3% | 3.9% | ||
| Q3 24 | 13.1% | 5.0% | ||
| Q2 24 | 0.6% | 5.8% |
| Q1 26 | -2.6% | — | ||
| Q4 25 | 11.3% | 5.7% | ||
| Q3 25 | 16.2% | 7.2% | ||
| Q2 25 | 10.2% | 3.3% | ||
| Q1 25 | 8.3% | 4.0% | ||
| Q4 24 | 16.2% | 4.2% | ||
| Q3 24 | 12.0% | 3.9% | ||
| Q2 24 | 3.6% | 5.4% |
| Q1 26 | $-0.06 | — | ||
| Q4 25 | $0.29 | $0.27 | ||
| Q3 25 | $0.50 | $0.29 | ||
| Q2 25 | $0.28 | $0.14 | ||
| Q1 25 | $0.22 | $0.16 | ||
| Q4 24 | $0.46 | $0.18 | ||
| Q3 24 | $0.33 | $0.15 | ||
| Q2 24 | $0.08 | $0.21 |
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 | $292.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $512.5M |
| Total Assets | $2.7B | $765.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $497.5M | — | ||
| Q4 25 | $1.5B | $292.3M | ||
| Q3 25 | $1.5B | $315.4M | ||
| Q2 25 | $1.5B | $310.7M | ||
| Q1 25 | $1.5B | $300.8M | ||
| Q4 24 | $1.6B | $256.6M | ||
| Q3 24 | $1.8B | $252.8M | ||
| Q2 24 | $1.6B | $244.7M |
| 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 | $512.5M | ||
| Q3 25 | $995.0M | $490.2M | ||
| Q2 25 | $880.6M | $468.6M | ||
| Q1 25 | $810.7M | $453.4M | ||
| Q4 24 | $833.0M | $437.8M | ||
| Q3 24 | $931.4M | $420.8M | ||
| Q2 24 | $884.5M | $405.8M |
| Q1 26 | $2.7B | — | ||
| Q4 25 | $3.5B | $765.0M | ||
| Q3 25 | $3.3B | $751.3M | ||
| Q2 25 | $3.2B | $722.9M | ||
| Q1 25 | $3.1B | $713.9M | ||
| Q4 24 | $3.2B | $665.5M | ||
| Q3 24 | $3.3B | $670.9M | ||
| Q2 24 | $3.2B | $657.8M |
| 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 | $-10.2M |
| Free Cash FlowOCF − Capex | $83.0M | $-13.3M |
| FCF MarginFCF / Revenue | 29.3% | -4.1% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | — | -0.55× |
| TTM Free Cash FlowTrailing 4 quarters | $145.1M | $48.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $102.9M | — | ||
| Q4 25 | $47.6M | $-10.2M | ||
| Q3 25 | $13.9M | $11.8M | ||
| Q2 25 | $26.6M | $12.6M | ||
| Q1 25 | $48.4M | $45.1M | ||
| Q4 24 | $167.3M | $3.9M | ||
| Q3 24 | $170.1M | $9.1M | ||
| Q2 24 | $127.1M | $-24.7M |
| Q1 26 | $83.0M | — | ||
| Q4 25 | $37.8M | $-13.3M | ||
| Q3 25 | $5.9M | $7.5M | ||
| Q2 25 | $18.4M | $10.4M | ||
| Q1 25 | $33.8M | $43.4M | ||
| Q4 24 | $159.2M | $2.1M | ||
| Q3 24 | $161.6M | $8.0M | ||
| Q2 24 | $117.4M | $-25.7M |
| Q1 26 | 29.3% | — | ||
| Q4 25 | 11.0% | -4.1% | ||
| Q3 25 | 1.4% | 2.5% | ||
| Q2 25 | 5.1% | 3.4% | ||
| Q1 25 | 9.5% | 14.6% | ||
| Q4 24 | 41.6% | 0.7% | ||
| Q3 24 | 42.4% | 2.8% | ||
| Q2 24 | 38.7% | -9.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.8% | 1.0% | ||
| Q3 25 | 2.0% | 1.5% | ||
| Q2 25 | 2.3% | 0.7% | ||
| Q1 25 | 4.1% | 0.6% | ||
| Q4 24 | 2.1% | 0.6% | ||
| Q3 24 | 2.2% | 0.4% | ||
| Q2 24 | 3.2% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | -0.55× | ||
| Q3 25 | 0.21× | 0.56× | ||
| Q2 25 | 0.72× | 1.24× | ||
| Q1 25 | 1.63× | 3.82× | ||
| Q4 24 | 2.69× | 0.32× | ||
| Q3 24 | 3.72× | 0.83× | ||
| Q2 24 | 11.73× | -1.60× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ENPH
Segment breakdown not available.
RVLV
| Fashion Apparel | $155.1M | 48% |
| Dresses | $76.4M | 24% |
| Handbags Shoes And Accessories | $67.6M | 21% |
| Beauty | $20.3M | 6% |
| Manufactured Product Other | $5.0M | 2% |
| Breakage On Store Credit And Gift Cards | $900.0K | 0% |
