Enphase Energy ENPH
NASDAQ ENPH
$36.86 +0.14 (+0.38%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Enphase Energy (ENPH) posted Capital Expenditures of $14.4 million for Q2 2026, down 27.66% on a QoQ basis from $19.9 million in Q1 2026, and up 74.28% year-over-year from $8.3 million in Q2 2025.

Analysis

Enphase Energy (ENPH) Capital Expenditures (2011 - 2026) Analysis & Trends

Enphase Energy has reported Capital Expenditures for 16 years, with the latest figure at $14.4 million in Q2 2026.

  • On a quarterly basis, Capital Expenditures rose 74.28% year-over-year to $14.4 million in Q2 2026; TTM through Jun 2026 was $52.1 million, a 31.93% increase from a year earlier, with the FY2025 full-year figure at $40.6 million, up 20.94% from the prior year.
  • Capital Expenditures was $14.4 million for Q2 2026 at Enphase Energy, down from $19.9 million in the prior quarter.
  • The five-year high for Capital Expenditures was $44.0 million in Q2 2023, with the low at $7.9 million in Q1 2024.
  • Average Capital Expenditures over 5 years is $14.7 million, with a median of $11.1 million recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Capital Expenditures jumped 406.29% in 2023, then tumbled 79.3% in 2024.
  • Over 5 years, Capital Expenditures stood at $16.4 million in 2022, then grew by 22.19% to $20.1 million in 2023, then sank by 59.83% to $8.1 million in 2024, then gained by 20.78% to $9.7 million in 2025, then surged by 47.78% to $14.4 million in 2026.
  • The last three Capital Expenditures figures came in at $14.4 million (Q2 2026), $19.9 million (Q1 2026), and $9.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 110.25 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 15.90 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 14.39 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn -
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 101.10 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 7.02 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn -171.84 Mn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 7.63 Mn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn -
10 Toyo 131.54 Mn 21.49 Mn 36.97 Mn -23.19 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 14.39 Mn
Mar 31, 2026 19.90 Mn
Dec 31, 2025 9.74 Mn
Sep 30, 2025 8.03 Mn
Jun 30, 2025 8.26 Mn
Mar 31, 2025 14.61 Mn
Dec 31, 2024 8.06 Mn
Sep 30, 2024 8.53 Mn
Jun 30, 2024 9.11 Mn
Mar 31, 2024 7.90 Mn
Dec 31, 2023 20.08 Mn
Sep 30, 2023 23.85 Mn
Jun 30, 2023 44.00 Mn
Mar 31, 2023 22.48 Mn
Dec 31, 2022 16.43 Mn
Sep 30, 2022 8.95 Mn
Jun 30, 2022 8.69 Mn
Mar 31, 2022 12.38 Mn
Dec 31, 2021 13.21 Mn
Sep 30, 2021 12.68 Mn