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
DateValue
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