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

Enphase Energy (ENPH) recorded quarterly Cash & Current Investments of $930.6 million in Q1 2026, down 38.48% quarter-over-quarter from $1.5 billion in Q4 2025, and up 124.2% on a YoY basis from $415.1 million in Q1 2025.

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

Enphase Energy's Cash & Current Investments history runs 16 years deep, the most recent figure standing at $930.6 million for Q1 2026.

  • In Q1 2026, Cash & Current Investments rose 124.2% year-over-year to $930.6 million; the TTM figure through Mar 2026 stood at $930.6 million (up 124.2% YoY), while the FY2025 annual figure was $1.5 billion, up 225.96% from the prior year.
  • Cash & Current Investments was $930.6 million for Q1 2026 at Enphase Energy, down from $1.5 billion in the prior quarter.
  • In the past five years, Cash & Current Investments ranged from a high of $1.8 billion in Q2 2023 to a low of $288.7 million in Q4 2023.
  • Historically, Cash & Current Investments has averaged $1.2 billion across 5 years, with a median of $1.4 billion in 2022.
  • The sharpest annual moves came in 2023 and 2025: Cash & Current Investments plunged 82.1% in 2023, then soared 225.96% in 2025.
  • A 5-year view of Cash & Current Investments shows it stood at $1.6 billion in 2022, then slumped by 82.1% to $288.7 million in 2023, then soared by 60.73% to $464.1 million in 2024, then jumped by 225.96% to $1.5 billion in 2025, then tumbled 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 28.68 Bn 26.25 Bn 486.13 Mn 2.43 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 1.09 Bn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 930.64 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 553.37 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 1.88 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 200.70 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 15.59 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 11.57 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 9.37 Mn

Historic Data

Download Data
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