Enphase Energy (ENPH) Accumulated Expenses (2011 - 2026)
Enphase Energy (ENPH) posted Accumulated Expenses of $161.93 million for Q3 2026, down 22.1% from $207.93 million a year earlier and down 14.1% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Accumulated Expenses (2011 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy's Accumulated Expenses came in at $217.37 million, up 10.4% from FY2024.
- Annual Accumulated Expenses shows a five-year compound annual growth rate of 23.2% (FY2020 to FY2025).
- In prior years, Enphase Energy's Accumulated Expenses was $196.89 million in FY2024 (-24.8%), $261.92 million in FY2023 (-11.5%), $295.94 million in FY2022 (+87.4%) and $157.91 million in FY2021 (+106.3%).
- The Q3 2026 figure stands as the lowest quarterly Accumulated Expenses since Q4 2021.
- On a year-over-year basis, Accumulated Expenses has declined in each of the last three quarters, with an average decline of 6.1% over the last eight quarters.
- The strongest year-over-year quarter for Accumulated Expenses in the past five years was Q1 2023, with growth of 134.5%; the weakest was Q3 2024, with a decline of 56.3%.
- According to Business Quant data, Accumulated Expenses for the three prior quarters was $188.52 million (Q2 2026), $195.58 million (Q1 2026) and $217.37 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Enphase Energy | 3.45 Bn | -863.96 Mn | 127.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 161.93 Mn |
| 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 |
API Access
Enphase Energy Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();