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Table of Contents ENPHASE ENERGY, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In thousands) Years Ended December 31, 2023 2022 2021 Net income $ 438,936 $ 397,362 $ 145,449 Other comprehensive income (loss): Foreign currency translation adjustments 1,190 (3,185) (334) Marketable securities Change in net unrealized gain (loss), net of income tax benefit (provision) of $2,468, $1,993, and $745 for the year ended 7,704 (5,677) (2,120) December 31, 2023, 2022, and 2021, respectively. Comprehensive income $ 447,830 $ 388,500 $ 142,995 See Notes to Consolidated Financial Statements. Enphase Energy, Inc. | 2023 Form 10-K | 70

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