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Side-by-side financial comparison of Enphase Energy (ENPH) and UNIVERSAL TECHNICAL INSTITUTE INC (UTI). Click either name above to swap in a different company.

Enphase Energy is the larger business by last-quarter revenue ($282.9M vs $220.8M, roughly 1.3× UNIVERSAL TECHNICAL INSTITUTE INC). UNIVERSAL TECHNICAL INSTITUTE INC runs the higher net margin — 5.8% vs -2.6%, a 8.4% gap on every dollar of revenue. On growth, UNIVERSAL TECHNICAL INSTITUTE INC posted the faster year-over-year revenue change (9.6% vs -20.6%). Enphase Energy produced more free cash flow last quarter ($83.0M vs $-19.2M). Over the past eight quarters, UNIVERSAL TECHNICAL INSTITUTE 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.

Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.

ENPH vs UTI — Head-to-Head

Bigger by revenue
ENPH
ENPH
1.3× larger
ENPH
$282.9M
$220.8M
UTI
Growing faster (revenue YoY)
UTI
UTI
+30.2% gap
UTI
9.6%
-20.6%
ENPH
Higher net margin
UTI
UTI
8.4% more per $
UTI
5.8%
-2.6%
ENPH
More free cash flow
ENPH
ENPH
$102.1M more FCF
ENPH
$83.0M
$-19.2M
UTI
Faster 2-yr revenue CAGR
UTI
UTI
Annualised
UTI
9.5%
-3.4%
ENPH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ENPH
ENPH
UTI
UTI
Revenue
$282.9M
$220.8M
Net Profit
$-7.4M
$12.8M
Gross Margin
35.5%
Operating Margin
54.0%
7.1%
Net Margin
-2.6%
5.8%
Revenue YoY
-20.6%
9.6%
Net Profit YoY
-124.9%
-42.1%
EPS (diluted)
$-0.06
$0.23

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
UTI
UTI
Q1 26
$282.9M
Q4 25
$343.3M
$220.8M
Q3 25
$410.4M
$222.4M
Q2 25
$363.2M
$204.3M
Q1 25
$356.1M
$207.4M
Q4 24
$382.7M
$201.4M
Q3 24
$380.9M
$196.4M
Q2 24
$303.5M
$177.5M
Net Profit
ENPH
ENPH
UTI
UTI
Q1 26
$-7.4M
Q4 25
$38.7M
$12.8M
Q3 25
$66.6M
$18.8M
Q2 25
$37.1M
$10.7M
Q1 25
$29.7M
$11.4M
Q4 24
$62.2M
$22.2M
Q3 24
$45.8M
$18.8M
Q2 24
$10.8M
$5.0M
Gross Margin
ENPH
ENPH
UTI
UTI
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
UTI
UTI
Q1 26
54.0%
Q4 25
6.5%
7.1%
Q3 25
16.1%
11.2%
Q2 25
10.2%
6.9%
Q1 25
9.0%
8.1%
Q4 24
14.3%
13.6%
Q3 24
13.1%
13.3%
Q2 24
0.6%
4.2%
Net Margin
ENPH
ENPH
UTI
UTI
Q1 26
-2.6%
Q4 25
11.3%
5.8%
Q3 25
16.2%
8.4%
Q2 25
10.2%
5.2%
Q1 25
8.3%
5.5%
Q4 24
16.2%
11.0%
Q3 24
12.0%
9.6%
Q2 24
3.6%
2.8%
EPS (diluted)
ENPH
ENPH
UTI
UTI
Q1 26
$-0.06
Q4 25
$0.29
$0.23
Q3 25
$0.50
$0.33
Q2 25
$0.28
$0.19
Q1 25
$0.22
$0.21
Q4 24
$0.46
$0.40
Q3 24
$0.33
$0.35
Q2 24
$0.08
$0.09

Balance Sheet & Financial Strength

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

Metric
ENPH
ENPH
UTI
UTI
Cash + ST InvestmentsLiquidity on hand
$497.5M
$162.8M
Total DebtLower is stronger
$101.4M
Stockholders' EquityBook value
$1.1B
$335.9M
Total Assets
$2.7B
$834.0M
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENPH
ENPH
UTI
UTI
Q1 26
$497.5M
Q4 25
$1.5B
$162.8M
Q3 25
$1.5B
$169.1M
Q2 25
$1.5B
$70.7M
Q1 25
$1.5B
$96.0M
Q4 24
$1.6B
$172.0M
Q3 24
$1.8B
$161.9M
Q2 24
$1.6B
$115.5M
Total Debt
ENPH
ENPH
UTI
UTI
Q1 26
Q4 25
$1.2B
$101.4M
Q3 25
$1.2B
$87.1M
Q2 25
$1.2B
$73.8M
Q1 25
$1.2B
$94.4M
Q4 24
$1.3B
$120.1M
Q3 24
$1.3B
$125.7M
Q2 24
$1.3B
$137.3M
Stockholders' Equity
ENPH
ENPH
UTI
UTI
Q1 26
$1.1B
Q4 25
$1.1B
$335.9M
Q3 25
$995.0M
$328.1M
Q2 25
$880.6M
$306.8M
Q1 25
$810.7M
$293.9M
Q4 24
$833.0M
$280.0M
Q3 24
$931.4M
$260.2M
Q2 24
$884.5M
$239.4M
Total Assets
ENPH
ENPH
UTI
UTI
Q1 26
$2.7B
Q4 25
$3.5B
$834.0M
Q3 25
$3.3B
$826.1M
Q2 25
$3.2B
$740.8M
Q1 25
$3.1B
$720.4M
Q4 24
$3.2B
$753.8M
Q3 24
$3.3B
$744.6M
Q2 24
$3.2B
$706.0M
Debt / Equity
ENPH
ENPH
UTI
UTI
Q1 26
Q4 25
1.11×
0.30×
Q3 25
1.21×
0.27×
Q2 25
1.37×
0.24×
Q1 25
1.48×
0.32×
Q4 24
1.56×
0.43×
Q3 24
1.40×
0.48×
Q2 24
1.47×
0.57×

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
UTI
UTI
Operating Cash FlowLast quarter
$102.9M
$3.1M
Free Cash FlowOCF − Capex
$83.0M
$-19.2M
FCF MarginFCF / Revenue
29.3%
-8.7%
Capex IntensityCapex / Revenue
10.1%
Cash ConversionOCF / Net Profit
0.24×
TTM Free Cash FlowTrailing 4 quarters
$145.1M
$16.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENPH
ENPH
UTI
UTI
Q1 26
$102.9M
Q4 25
$47.6M
$3.1M
Q3 25
$13.9M
$57.1M
Q2 25
$26.6M
$18.1M
Q1 25
$48.4M
$-789.0K
Q4 24
$167.3M
$23.0M
Q3 24
$170.1M
$67.5M
Q2 24
$127.1M
$10.0M
Free Cash Flow
ENPH
ENPH
UTI
UTI
Q1 26
$83.0M
Q4 25
$37.8M
$-19.2M
Q3 25
$5.9M
$40.6M
Q2 25
$18.4M
$6.8M
Q1 25
$33.8M
$-11.7M
Q4 24
$159.2M
$19.6M
Q3 24
$161.6M
$60.0M
Q2 24
$117.4M
$3.0M
FCF Margin
ENPH
ENPH
UTI
UTI
Q1 26
29.3%
Q4 25
11.0%
-8.7%
Q3 25
1.4%
18.3%
Q2 25
5.1%
3.4%
Q1 25
9.5%
-5.7%
Q4 24
41.6%
9.7%
Q3 24
42.4%
30.6%
Q2 24
38.7%
1.7%
Capex Intensity
ENPH
ENPH
UTI
UTI
Q1 26
Q4 25
2.8%
10.1%
Q3 25
2.0%
7.4%
Q2 25
2.3%
5.5%
Q1 25
4.1%
5.3%
Q4 24
2.1%
1.7%
Q3 24
2.2%
3.8%
Q2 24
3.2%
4.0%
Cash Conversion
ENPH
ENPH
UTI
UTI
Q1 26
Q4 25
1.23×
0.24×
Q3 25
0.21×
3.04×
Q2 25
0.72×
1.69×
Q1 25
1.63×
-0.07×
Q4 24
2.69×
1.04×
Q3 24
3.72×
3.58×
Q2 24
11.73×
2.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ENPH
ENPH

Segment breakdown not available.

UTI
UTI

UTI$142.8M65%
Concorde$78.0M35%

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