Enphase Energy (ENPH) Capital Expenditures (2011 - 2026)

Enphase Energy's Capital Expenditures history runs 16 years deep, the most recent figure standing at $12.0 million for Q1 2026.

• On a quarterly basis, Capital Expenditures fell 17.55% year-over-year to $12.0 million in Q1 2026; TTM through Mar 2026 was $38.1 million, a 112.73% increase from a year earlier, with the FY2025 full-year figure at $40.6 million, up 263.24% from the prior year.
• Capital Expenditures improved to $12.0 million in Q1 2026 per ENPH's latest filing, from $9.7 million in the prior quarter.
• Across five years, Capital Expenditures topped out at $82.0 million in Q3 2023 and bottomed at -$80.2 million in Q4 2023.
• The 5-year median for Capital Expenditures is $8.5 million (2024), against an average of $5.4 million.
• Across the five-year window, Capital Expenditures jumped 911.55% in 2022 and tumbled 802.87% in 2023, its largest moves.
• Year by year, Capital Expenditures stood at -$12.6 million in 2022, then slumped by 535.48% to -$80.2 million in 2023, then jumped by 82.1% to -$14.4 million in 2024, then surged by 167.87% to $9.7 million in 2025, then rose by 23.66% to $12.0 million in 2026.
• Per Business Quant, the three latest ENPH Capital Expenditures figures stand at $12.0 million (Q1 2026), $9.7 million (Q4 2025), and $26.3 million (Q3 2025).