Enphase Energy (ENPH) Accumulated Expenses (2011 - 2026)

Enphase Energy (ENPH) recorded quarterly Accumulated Expenses of $28.4 million in Q1 2026, down 86.93% quarter-over-quarter from $217.4 million in Q4 2025, and down 14.67% on a YoY basis from $33.3 million in Q1 2025.

Enphase Energy (ENPH) Accumulated Expenses (2011 - 2026) Analysis & Trends

Enphase Energy's Accumulated Expenses history runs 16 years deep, the most recent figure standing at $28.4 million for Q1 2026.

  • In Q1 2026, Accumulated Expenses fell 14.67% year-over-year to $28.4 million; the TTM figure through Mar 2026 stood at $28.4 million (down 14.67% YoY), while the FY2025 annual figure was $217.4 million, up 527.21% from the prior year.
  • Accumulated Expenses was $28.4 million for Q1 2026 at Enphase Energy, down from $217.4 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $217.4 million in Q4 2025 to a low of $24.0 million in Q1 2022.
  • Historically, Accumulated Expenses has averaged $64.4 million across 5 years, with a median of $34.7 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Accumulated Expenses dropped 17.51% in 2024, then soared 582.52% in 2025.
  • A 5-year view of Accumulated Expenses shows it stood at $35.6 million in 2022, then gained by 1.43% to $36.1 million in 2023, then dropped by 3.91% to $34.7 million in 2024, then surged by 527.21% to $217.4 million in 2025, then tumbled by 86.93% to $28.4 million in 2026.
  • The last three Accumulated Expenses figures came in at $28.4 million (Q1 2026), $217.4 million (Q4 2025), and $207.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 28.41 Mn
Dec 31, 2025 217.37 Mn
Sep 30, 2025 207.93 Mn
Jun 30, 2025 206.54 Mn
Mar 31, 2025 33.30 Mn
Dec 31, 2024 34.66 Mn
Sep 30, 2024 35.76 Mn
Jun 30, 2024 30.26 Mn
Mar 31, 2024 30.87 Mn
Dec 31, 2023 36.07 Mn
Sep 30, 2023 40.75 Mn
Jun 30, 2023 36.69 Mn
Mar 31, 2023 34.51 Mn
Dec 31, 2022 35.56 Mn
Sep 30, 2022 32.35 Mn
Jun 30, 2022 29.20 Mn
Mar 31, 2022 23.96 Mn
Dec 31, 2021 19.40 Mn
Sep 30, 2021 16.73 Mn
Jun 30, 2021 15.01 Mn