Enphase Energy (ENPH) Capital Expenditures (2011 - 2026)
Enphase Energy's quarterly Capital Expenditures came in at $12.0 million in Q1 2026, up 186.28% year-on-year from $4.2 million in Q1 2025, and down 66.25% quarter-over-quarter from $35.7 million in Q4 2025.
Enphase Energy has reported Capital Expenditures for 16 years, with the latest figure at $12.0 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures rose 186.28% year-over-year to $12.0 million; the trailing twelve-month figure through Mar 2026 stood at $48.5 million (up 59.25% YoY), and the FY2025 full-year result was $40.6 million, up 20.94% from the prior year.
- Capital Expenditures for Q1 2026 stood at $12.0 million, down from $35.7 million in the prior quarter.
- The five-year high for Capital Expenditures was $94.2 million in Q4 2023, with the low at -$2.4 million in Q2 2024.
- Average Capital Expenditures over 5 years is $14.3 million, with a median of $4.4 million recorded in 2022.
- Peak annual rise in Capital Expenditures reached 6409.83% in 2022, while the deepest fall reached 108.23% in 2022.
- Tracing ENPH's Capital Expenditures over 5 years: stood at $41.1 million in 2022, then soared by 129.37% to $94.2 million in 2023, then plunged by 70.41% to $27.9 million in 2024, then increased by 27.99% to $35.7 million in 2025, then plunged by 66.25% to $12.0 million in 2026.
- The last three Capital Expenditures figures came in at $12.0 million (Q1 2026), $35.7 million (Q4 2025), and $392000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 118.53 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 48.11 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -266.38 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 12.04 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 26.16 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 409,000.00 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 329,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 7.51 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 | 209,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.04 Mn |
| Mar 31, 2026 | 12.04 Mn |
| Dec 31, 2025 | 35.69 Mn |
| Dec 31, 2025 | 35.69 Mn |
| Sep 30, 2025 | 392,000.00 |
| Sep 30, 2025 | 392,000.00 |
| Jun 30, 2025 | 353,000.00 |
| Jun 30, 2025 | 353,000.00 |
| Mar 31, 2025 | 4.21 Mn |
| Mar 31, 2025 | 4.21 Mn |
| Dec 31, 2024 | 27.88 Mn |
| Dec 31, 2024 | 27.88 Mn |
| Sep 30, 2024 | 714,000.00 |
| Sep 30, 2024 | 714,000.00 |
| Jun 30, 2024 | -2.36 Mn |
| Jun 30, 2024 | -2.36 Mn |
| Mar 31, 2024 | 7.37 Mn |
| Mar 31, 2024 | 7.37 Mn |
| Dec 31, 2023 | 94.22 Mn |
| Dec 31, 2023 | 94.22 Mn |
| Sep 30, 2023 | 7.87 Mn |
| Sep 30, 2023 | 7.87 Mn |
| Jun 30, 2023 | -1.50 Mn |
| Jun 30, 2023 | -1.50 Mn |
| Mar 31, 2023 | 9.81 Mn |
| Mar 31, 2023 | 9.81 Mn |
| Dec 31, 2022 | 41.08 Mn |
| Dec 31, 2022 | 41.08 Mn |
| Sep 30, 2022 | 2.58 Mn |
| Sep 30, 2022 | 2.58 Mn |
| Jun 30, 2022 | -1.57 Mn |
| Jun 30, 2022 | -1.57 Mn |
| Mar 31, 2022 | 4.35 Mn |
| Mar 31, 2022 | 4.35 Mn |
| Dec 31, 2021 | 631,000.00 |
| Dec 31, 2021 | 631,000.00 |
| Sep 30, 2021 | -19.50 Mn |
| Sep 30, 2021 | -19.50 Mn |
| Jun 30, 2021 | 19.07 Mn |
| Jun 30, 2021 | 19.07 Mn |
| Mar 31, 2021 | 7.30 Mn |
| Mar 31, 2021 | 7.30 Mn |
| Dec 31, 2020 | 1.50 Mn |
| Dec 31, 2020 | 1.50 Mn |
| Sep 30, 2020 | 496,000.00 |
| Sep 30, 2020 | 496,000.00 |
| Jun 30, 2020 | -1.72 Mn |
| Jun 30, 2020 | -1.72 Mn |
| Mar 31, 2020 | 3.35 Mn |
| Mar 31, 2020 | 3.35 Mn |
| Dec 31, 2019 | 13.86 Mn |
| Dec 31, 2019 | 13.86 Mn |
| Sep 30, 2019 | -2.25 Mn |
| Sep 30, 2019 | -2.25 Mn |
| Jun 30, 2019 | 2.52 Mn |
| Jun 30, 2019 | 2.52 Mn |
| Mar 31, 2019 | 658,000.00 |
| Mar 31, 2019 | 658,000.00 |
| Dec 31, 2018 | 770,000.00 |
| Dec 31, 2018 | 770,000.00 |
| Sep 30, 2018 | -1.35 Mn |
| Sep 30, 2018 | -1.35 Mn |
| Jun 30, 2018 | 432,000.00 |
| Jun 30, 2018 | 432,000.00 |
| Mar 31, 2018 | 1.04 Mn |
| Mar 31, 2018 | 1.04 Mn |
| Dec 31, 2017 | -3.06 Mn |
| Dec 31, 2017 | -3.06 Mn |
| Sep 30, 2017 | 3.30 Mn |
| Sep 30, 2017 | 3.30 Mn |
| Jun 30, 2017 | -3.16 Mn |
| Jun 30, 2017 | -3.16 Mn |
| Mar 31, 2017 | 3.47 Mn |
| Mar 31, 2017 | 3.47 Mn |
| Dec 31, 2016 | 183,000.00 |
| Dec 31, 2016 | 183,000.00 |
| Sep 30, 2016 | -421,000.00 |
| Sep 30, 2016 | -421,000.00 |
| Jun 30, 2016 | -2.41 Mn |
| Jun 30, 2016 | -2.41 Mn |
| Mar 31, 2016 | 3.35 Mn |
| Mar 31, 2016 | 3.35 Mn |
| Dec 31, 2015 | 1.13 Mn |
| Dec 31, 2015 | 1.13 Mn |
| Sep 30, 2015 | -1.03 Mn |
| Sep 30, 2015 | -1.03 Mn |
| Jun 30, 2015 | -2.00 Mn |
| Jun 30, 2015 | -2.00 Mn |
| Mar 31, 2015 | 3.61 Mn |
| Mar 31, 2015 | 3.61 Mn |
| Dec 31, 2014 | -8.00 Mn |
| Dec 31, 2014 | -8.00 Mn |
| Sep 30, 2014 | 9.16 Mn |
| Sep 30, 2014 | 9.16 Mn |
| Jun 30, 2014 | -1.50 Mn |
| Jun 30, 2014 | -1.50 Mn |
| Mar 31, 2014 | 2.17 Mn |
| Mar 31, 2014 | 2.17 Mn |
| Dec 31, 2013 | 1.37 Mn |
| Dec 31, 2013 | 1.37 Mn |
| Sep 30, 2013 | 4.58 Mn |
| Sep 30, 2013 | 4.58 Mn |
| Jun 30, 2013 | -185,000.00 |
| Jun 30, 2013 | -185,000.00 |
| Mar 31, 2013 | 490,000.00 |
| Mar 31, 2013 | 490,000.00 |
| Dec 31, 2012 | -10.28 Mn |
| Dec 31, 2012 | -10.28 Mn |
| Sep 30, 2012 | 9.36 Mn |
| Sep 30, 2012 | 9.36 Mn |
| Jun 30, 2012 | -2.91 Mn |
| Jun 30, 2012 | -2.91 Mn |
| Mar 31, 2012 | 4.61 Mn |
| Mar 31, 2012 | 4.61 Mn |
| Dec 31, 2011 | 12.94 Mn |
| Dec 31, 2011 | 12.94 Mn |
| Sep 30, 2011 | 1.05 Mn |
| Sep 30, 2011 | 1.05 Mn |
| Jun 30, 2011 | -739,000.00 |
| Jun 30, 2011 | -739,000.00 |
| Mar 31, 2011 | 1.41 Mn |
| Mar 31, 2011 | 1.41 Mn |