Enphase Energy (ENPH) Accumulated Expenses (2011 - 2026)
Enphase Energy (ENPH) posted quarterly Accumulated Expenses of $188.5 million for Q2 2026, down 8.73% year-over-year from $206.5 million in Q2 2025, and down 3.61% quarter-over-quarter from $195.6 million in Q1 2026.
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 $188.5 million for Q2 2026.
- In Q2 2026, Accumulated Expenses fell 8.73% year-over-year to $188.5 million; the TTM figure through Jun 2026 stood at $188.5 million (down 8.73% YoY), while the FY2025 annual figure was $217.4 million, up 10.4% from the prior year.
- Accumulated Expenses for Q2 2026 stood at $188.5 million, down from $195.6 million in the prior quarter.
- The five-year high for Accumulated Expenses was $434.8 million in Q3 2023, with the low at $169.1 million in Q1 2022.
- The 5-year median for Accumulated Expenses is $210.0 million (2025), against an average of $249.1 million.
- The sharpest annual moves came in 2023 and 2024: Accumulated Expenses jumped 134.52% in 2023, then slumped 56.35% in 2024.
- Enphase Energy's Accumulated Expenses stood at $295.9 million in 2022, then decreased by 11.5% to $261.9 million in 2023, then declined by 24.83% to $196.9 million in 2024, then increased by 10.4% to $217.4 million in 2025, then fell by 13.27% to $188.5 million in 2026.
- Business Quant data shows ENPH's Accumulated Expenses at $188.5 million in Q2 2026, $195.6 million in Q1 2026, and $217.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 188.52 Mn |
| 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 |