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| Date | Value |
|---|---|
| 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 |