Growth Metrics

Enphase Energy (ENPH) Cash & Current Investments (2011 - 2026)

Enphase Energy's quarterly Cash & Current Investments came in at $930.6 million in Q1 2026, up 124.2% year-on-year from $415.1 million in Q1 2025, and down 38.48% quarter-over-quarter from $1.5 billion in Q4 2025.

Enphase Energy has reported Cash & Current Investments for 16 years, with the latest figure at $930.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Cash & Current Investments rose 124.2% year-over-year to $930.6 million; the trailing twelve-month figure through Mar 2026 stood at $930.6 million (up 124.2% YoY), and the FY2025 full-year result was $1.5 billion, up 225.96% from the prior year.
  • Cash & Current Investments for Q1 2026 stood at $930.6 million, down from $1.5 billion in the prior quarter.
  • The five-year high for Cash & Current Investments was $1.8 billion in Q2 2023, with the low at $288.7 million in Q4 2023.
  • Average Cash & Current Investments over 5 years is $1.2 billion, with a median of $1.4 billion recorded in 2022.
  • Year-over-year, Cash & Current Investments plunged 82.1% in 2023 and surged 225.96% in 2025.
  • Tracing ENPH's Cash & Current Investments over 5 years: stood at $1.6 billion in 2022, then sank by 82.1% to $288.7 million in 2023, then jumped by 60.73% to $464.1 million in 2024, then surged by 225.96% to $1.5 billion in 2025, then slumped by 38.48% to $930.6 million in 2026.
  • The last three Cash & Current Investments figures came in at $930.6 million (Q1 2026), $1.5 billion (Q4 2025), and $401.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Current Investments (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 2.43 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 1.09 Bn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 556.71 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 930.64 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 553.37 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 1.88 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 200.70 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 15.59 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 11.57 Mn

Historic Data

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DateValue
Mar 31, 2026 930.64 Mn
Dec 31, 2025 1.51 Bn
Sep 30, 2025 401.88 Mn
Jun 30, 2025 370.54 Mn
Mar 31, 2025 415.09 Mn
Dec 31, 2024 464.12 Mn
Sep 30, 2024 1.77 Bn
Jun 30, 2024 1.65 Bn
Mar 31, 2024 1.63 Bn
Dec 31, 2023 288.75 Mn
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
Sep 30, 2021 1.39 Bn
Jun 30, 2021 1.31 Bn
Mar 31, 2021 1.49 Bn
Dec 31, 2020 679.38 Mn
Sep 30, 2020 661.79 Mn
Jun 30, 2020 607.25 Mn
Mar 31, 2020 549.14 Mn
Dec 31, 2019 251.41 Mn
Jun 30, 2019 205.96 Mn
Mar 31, 2019 78.09 Mn
Dec 31, 2018 106.24 Mn
Sep 30, 2018 116.16 Mn
Jun 30, 2018 58.47 Mn
Mar 31, 2018 53.26 Mn
Dec 31, 2017 29.14 Mn
Sep 30, 2017 28.88 Mn
Jun 30, 2017 30.95 Mn
Mar 31, 2017 29.96 Mn
Dec 31, 2016 17.76 Mn
Sep 30, 2016 24.11 Mn
Jun 30, 2016 8.24 Mn
Mar 31, 2016 13.02 Mn
Dec 31, 2015 28.45 Mn
Sep 30, 2015 22.49 Mn
Jun 30, 2015 31.89 Mn
Mar 31, 2015 27.13 Mn
Dec 31, 2014 42.03 Mn
Sep 30, 2014 44.54 Mn
Jun 30, 2014 37.62 Mn
Mar 31, 2014 39.94 Mn
Dec 31, 2013 38.19 Mn
Sep 30, 2013 31.78 Mn
Jun 30, 2013 33.98 Mn
Mar 31, 2013 36.43 Mn
Dec 31, 2012 45.29 Mn
Sep 30, 2012 41.72 Mn
Jun 30, 2012 66.97 Mn
Mar 31, 2012 31.90 Mn
Dec 31, 2011 51.52 Mn
Mar 31, 2011 30.52 Mn