Enphase Energy (ENPH) Cash & Equivalents (2011 - 2026)
Enphase Energy (ENPH) reported Cash & Equivalents of $529.34 million for Q2 2026, up 42.9% from $370.54 million a year earlier and up 6.4% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Cash & Equivalents (2011 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy posted Cash & Equivalents of $474.32 million, up 28.5% from FY2024.
- Cash & Equivalents has a five-year compound annual growth rate of -6.9% (FY2020 to FY2025).
- By year, Cash & Equivalents came in at $369.11 million in FY2024 (+27.8%), $288.75 million in FY2023 (-39.0%), $473.24 million in FY2022 (+296.6%) and $119.32 million in FY2021 (-82.4%).
- The Q2 2026 figure ranks as the highest quarterly Cash & Equivalents since Q3 2021.
- Year over year, Cash & Equivalents has now increased in each of the last seven quarters, with growth averaging 33.9% over the last eight quarters.
- The high point for year-over-year Cash & Equivalents in five years was Q4 2022 (growth of 296.6%); the low point was Q1 2022 (a decline of 83.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $497.55 million (Q1 2026), $474.32 million (Q4 2025) and $401.88 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 262.99 Bn | 224.06 Bn | 2.36 Bn | 13.12 Bn |
| 2 | Bloom Energy | 81.45 Bn | 73.27 Bn | 355.57 Mn | 2.67 Bn |
| 3 | First Solar | 18.50 Bn | 9.45 Bn | 605.00 Mn | 1.69 Bn |
| 4 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn | 608.20 Mn |
| 5 | Generac Holdings | 12.26 Bn | 11.09 Bn | 521.81 Mn | 264.92 Mn |
| 6 | Nextpower | 12.05 Bn | 7.95 Bn | 335.85 Mn | 1.21 Bn |
| 7 | EnerSys | 6.88 Bn | 5.08 Bn | 313.36 Mn | 530.66 Mn |
| 8 | Enphase Energy | 4.34 Bn | -522.59 Mn | 175.01 Mn | 529.34 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 418.70 Mn |
| 10 | Nuscale Power | 3.19 Bn | 3.15 Bn | -152,000.00 | 766.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 529.34 Mn |
| 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 |
API Access
Enphase Energy Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();