Enphase Energy (ENPH) Cash & Current Investments (2011 - 2026)
Enphase Energy (ENPH) posted Cash & Current Investments of $931.85 million for Q3 2026, down 36.9% from $1.48 billion a year earlier and down 0.6% from the prior quarter.
Enphase Energy (ENPH) Cash & Current Investments (2011 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy's Cash & Current Investments came in at $1.51 billion, down 6.8% from FY2024.
- Annual Cash & Current Investments shows a five-year compound annual growth rate of 17.4% (FY2020 to FY2025).
- In prior years, Enphase Energy's Cash & Current Investments was $1.62 billion in FY2024 (-4.3%), $1.7 billion in FY2023 (+5.1%), $1.61 billion in FY2022 (+58.6%) and $1.02 billion in FY2021 (+49.6%).
- Quarterly Cash & Current Investments has run from a low of $930.64 million in Q1 2026 to a high of $1.8 billion in Q2 2023 over five years.
- On a year-over-year basis, Cash & Current Investments has declined in each of the last 11 quarters, with an average decline of 19.6% over the last eight quarters.
- The strongest year-over-year quarter for Cash & Current Investments in the past five years was Q1 2023, with growth of 67.2%; the weakest was Q2 2026, with a decline of 38.7%.
- According to Business Quant data, Cash & Current Investments for the three prior quarters was $937.71 million (Q2 2026), $930.64 million (Q1 2026) and $1.51 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 16.76 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 2.49 Bn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 1.62 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 1.03 Bn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 577.32 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 393.67 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 1.20 Bn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 275.50 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 408.70 Mn |
| 10 | Enphase Energy | 3.45 Bn | -863.96 Mn | 127.12 Mn | 931.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 931.85 Mn |
| Jun 30, 2026 | 937.71 Mn |
| Mar 31, 2026 | 930.64 Mn |
| Dec 31, 2025 | 1.51 Bn |
| Sep 30, 2025 | 1.48 Bn |
| Jun 30, 2025 | 1.53 Bn |
| Mar 31, 2025 | 1.47 Bn |
| Dec 31, 2024 | 1.62 Bn |
| Sep 30, 2024 | 1.77 Bn |
| Jun 30, 2024 | 1.65 Bn |
| Mar 31, 2024 | 1.63 Bn |
| Dec 31, 2023 | 1.70 Bn |
| Sep 30, 2023 | 1.78 Bn |
| Jun 30, 2023 | 1.80 Bn |
| Mar 31, 2023 | 1.78 Bn |
| Dec 31, 2022 | 1.61 Bn |
| Sep 30, 2022 | 1.42 Bn |
| Jun 30, 2022 | 1.25 Bn |
| Mar 31, 2022 | 1.06 Bn |
| Dec 31, 2021 | 1.02 Bn |
Enphase Energy Cash & Current Investments 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=cash-and-current-investments&ticker=ENPH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-current-investments", "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=cash-and-current-investments&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();