Enphase Energy (ENPH) Accumulated Expenses (2011 - 2026)
Enphase Energy's quarterly Accumulated Expenses came in at $28.4 million in Q1 2026, down 14.67% year-on-year from $33.3 million in Q1 2025, and down 86.93% quarter-over-quarter from $217.4 million in Q4 2025.
Enphase Energy has reported Accumulated Expenses for 16 years, with the latest figure at $28.4 million in Q1 2026.
- For the quarter ending Q1 2026, Accumulated Expenses fell 14.67% year-over-year to $28.4 million; the trailing twelve-month figure through Mar 2026 stood at $28.4 million (down 14.67% YoY), and the FY2025 full-year result was $217.4 million, up 527.21% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $28.4 million, down from $217.4 million in the prior quarter.
- The five-year high for Accumulated Expenses was $217.4 million in Q4 2025, with the low at $24.0 million in Q1 2022.
- Average Accumulated Expenses over 5 years is $64.4 million, with a median of $34.7 million recorded in 2024.
- Year-over-year, Accumulated Expenses fell 17.51% in 2024 and surged 582.52% in 2025.
- Tracing ENPH's Accumulated Expenses over 5 years: stood at $35.6 million in 2022, then advanced by 1.43% to $36.1 million in 2023, then declined by 3.91% to $34.7 million in 2024, then soared by 527.21% to $217.4 million in 2025, then slumped 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 14.30 Mn |
| Dec 31, 2020 | 11.26 Mn |
| Sep 30, 2020 | 10.76 Mn |
| Jun 30, 2020 | 10.17 Mn |
| Mar 31, 2020 | 9.68 Mn |
| Dec 31, 2019 | 10.08 Mn |
| Sep 30, 2019 | 8.76 Mn |
| Jun 30, 2019 | 7.47 Mn |
| Mar 31, 2019 | 7.93 Mn |
| Dec 31, 2018 | 8.08 Mn |
| Sep 30, 2018 | 41.56 Mn |
| Jun 30, 2018 | 8.28 Mn |
| Mar 31, 2018 | 7.70 Mn |
| Dec 31, 2017 | 7.43 Mn |
| Sep 30, 2017 | 7.15 Mn |
| Jun 30, 2017 | 8.03 Mn |
| Mar 31, 2017 | 8.38 Mn |
| Dec 31, 2016 | 8.60 Mn |
| Sep 30, 2016 | 6.76 Mn |
| Jun 30, 2016 | 6.73 Mn |
| Mar 31, 2016 | 6.65 Mn |
| Dec 31, 2015 | 7.07 Mn |
| Sep 30, 2015 | 6.61 Mn |
| Jun 30, 2015 | 7.25 Mn |
| Mar 31, 2015 | 7.55 Mn |
| Dec 31, 2014 | 7.61 Mn |
| Sep 30, 2014 | 7.75 Mn |
| Jun 30, 2014 | 8.48 Mn |
| Mar 31, 2014 | 5.89 Mn |
| Dec 31, 2013 | 4.94 Mn |
| Sep 30, 2013 | 8.43 Mn |
| Jun 30, 2013 | 7.99 Mn |
| Mar 31, 2013 | 6.80 Mn |
| Dec 31, 2012 | 6.08 Mn |
| Mar 31, 2012 | 10.56 Mn |
| Dec 31, 2011 | 10.10 Mn |