Enphase Energy (ENPH) Cash & Equivalents (2011 - 2026)
Enphase Energy (ENPH) recorded quarterly Cash & Equivalents of $497.5 million in Q1 2026, up 4.9% quarter-over-quarter from $474.3 million in Q4 2025, and up 42.12% on a YoY basis from $350.1 million in Q1 2025.
Enphase Energy (ENPH) Cash & Equivalents (2011 - 2026) Analysis & Trends
Enphase Energy's Cash & Equivalents history runs 16 years deep, the most recent figure standing at $497.5 million for Q1 2026.
- In Q1 2026, Cash & Equivalents rose 42.12% year-over-year to $497.5 million; the TTM figure through Mar 2026 stood at $497.5 million (up 42.12% YoY), while the FY2025 annual figure was $474.3 million, up 28.5% from the prior year.
- Cash & Equivalents was $497.5 million for Q1 2026 at Enphase Energy, up from $474.3 million in the prior quarter.
- In the past five years, Cash & Equivalents ranged from a high of $497.5 million in Q1 2026 to a low of $251.8 million in Q1 2022.
- Historically, Cash & Equivalents has averaged $348.7 million across 5 years, with a median of $337.6 million in 2022.
- Biggest YoY gain for Cash & Equivalents was 296.63% in 2022; the steepest drop was 83.09% in 2022.
- A 5-year view of Cash & Equivalents shows it stood at $473.2 million in 2022, then tumbled by 38.99% to $288.7 million in 2023, then increased by 27.83% to $369.1 million in 2024, then advanced by 28.5% to $474.3 million in 2025, then grew by 4.9% to $497.5 million in 2026.
- The last three Cash & Equivalents figures came in at $497.5 million (Q1 2026), $474.3 million (Q4 2025), and $401.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 2.36 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 | 497.55 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 512.38 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 | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 11.57 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 9.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 497.55 Mn |
| Dec 31, 2025 | 474.32 Mn |
| Sep 30, 2025 | 401.88 Mn |
| Jun 30, 2025 | 370.54 Mn |
| Mar 31, 2025 | 350.08 Mn |
| Dec 31, 2024 | 369.11 Mn |
| Sep 30, 2024 | 256.33 Mn |
| Jun 30, 2024 | 252.10 Mn |
| Mar 31, 2024 | 253.65 Mn |
| Dec 31, 2023 | 288.75 Mn |
| Sep 30, 2023 | 290.08 Mn |
| Jun 30, 2023 | 278.68 Mn |
| Mar 31, 2023 | 286.05 Mn |
| Dec 31, 2022 | 473.24 Mn |
| Sep 30, 2022 | 337.58 Mn |
| Jun 30, 2022 | 495.47 Mn |
| Mar 31, 2022 | 251.85 Mn |
| Dec 31, 2021 | 119.32 Mn |
| Sep 30, 2021 | 885.55 Mn |
| Jun 30, 2021 | 1.31 Bn |