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

Enphase Energy's (ENPH) quarterly Accumulated Expenses came in at $195.6 million in Q1 2026, down 7.82% year-on-year from $212.2 million in Q1 2025, and down 10.02% quarter-over-quarter from $217.4 million in Q4 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 $195.6 million for Q1 2026.

  • On a quarterly basis, Accumulated Expenses fell 7.82% year-over-year to $195.6 million in Q1 2026; TTM through Mar 2026 was $195.6 million, a 7.82% decrease from a year earlier, with the FY2025 full-year figure at $217.4 million, up 10.4% from the prior year.
  • Accumulated Expenses slipped to $195.6 million in Q1 2026 per ENPH's latest filing, from $217.4 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $434.8 million in Q3 2023 and bottomed at $169.1 million in Q1 2022.
  • The 5-year median for Accumulated Expenses is $212.2 million (2025), against an average of $252.7 million.
  • Across the five-year window, Accumulated Expenses jumped 134.52% in 2023 and tumbled 56.35% in 2024, its largest moves.
  • Year by year, Accumulated Expenses stood at $295.9 million in 2022, then slipped by 11.5% to $261.9 million in 2023, then fell by 24.83% to $196.9 million in 2024, then rose by 10.4% to $217.4 million in 2025, then declined by 10.02% to $195.6 million in 2026.
  • Per Business Quant, the three latest ENPH Accumulated Expenses figures stand at $195.6 million (Q1 2026), $217.4 million (Q4 2025), and $207.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 195.58 Mn
Dec 31, 2025 217.37 Mn
Sep 30, 2025 207.93 Mn
Jun 30, 2025 206.54 Mn
Mar 31, 2025 212.17 Mn
Dec 31, 2024 196.89 Mn
Sep 30, 2024 189.82 Mn
Jun 30, 2024 197.56 Mn
Mar 31, 2024 234.39 Mn
Dec 31, 2023 261.92 Mn
Sep 30, 2023 434.83 Mn
Jun 30, 2023 425.29 Mn
Mar 31, 2023 396.69 Mn
Dec 31, 2022 295.94 Mn
Sep 30, 2022 255.80 Mn
Jun 30, 2022 197.92 Mn
Mar 31, 2022 169.15 Mn
Dec 31, 2021 157.91 Mn
Sep 30, 2021 139.24 Mn
Jun 30, 2021 119.23 Mn