Enphase Energy, a supplier of micro inverter-based solar-plus-storage systems, reported a record first quarter (Q1) revenue of $441.3 million, a year-over-year (YoY) increase of 46.2% compared to $301.7 million in the same period last year, and 7% quarter-over-quarter (QoQ) surge compared to $412.7 million in the fourth quarter of 2021.