European MarketEuropean results showed a decline due to sustained weakness in demand for rooftop solar amid decreasing electricity rates in the region.
Guidance1Q 2025 guidance of $340-380M points to a 19% sequential drop, worse than the 10-15% seasonal dip, signaling weakening demand.
Market ShareEnphase is losing market share, particularly in U.S. residential against Tesla's Powerwall 3.