Enphase Energy (ENPH) Cash from Operations (2011 - 2026)

Enphase Energy (ENPH) recorded quarterly Cash from Operations of 102871000.0 in Q1 2026, up 116.21% quarter-over-quarter from 47579000.0 in Q4 2025, and up 112.48% on a YoY basis from 48414000.0 in Q1 2025.

Enphase Energy (ENPH) Cash from Operations (2011 - 2026) Analysis & Trends

Enphase Energy's Cash from Operations history runs 16 years deep, the most recent figure standing at 102871000.0 for Q1 2026.

  • In Q1 2026, Cash from Operations rose 112.48% year-over-year to 102871000.0; the TTM figure through Mar 2026 stood at 190997000.0 (down 62.76% YoY), while the FY2025 annual figure was 136540000.0, down 73.42% from the prior year.
  • Cash from Operations was 102871000.0 for Q1 2026 at Enphase Energy, up from 47579000.0 in the prior quarter.
  • In the past five years, Cash from Operations ranged from a high of 269243000.0 in Q2 2023 to a low of 13918000.0 in Q3 2025.
  • Historically, Cash from Operations has averaged 129100058.82 across 5 years, with a median of 127062000.0 in 2024.
  • The sharpest annual moves came in 2024 and 2025: Cash from Operations jumped 371.91% in 2024, then slumped 91.82% in 2025.
  • A 5-year view of Cash from Operations shows it stood at 253714000.0 in 2022, then sank by 86.03% to 35450000.0 in 2023, then surged by 371.91% to 167292000.0 in 2024, then tumbled by 71.56% to 47579000.0 in 2025, then surged by 116.21% to 102871000.0 in 2026.
  • The last three Cash from Operations figures came in at 102871000.0 (Q1 2026), 47579000.0 (Q4 2025), and 13918000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn -214.87 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 171.43 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 102.87 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 24.43 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 10.62 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -41.45 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -29.42 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 -9.25 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 102.87 Mn
Mar 31, 2026 102.87 Mn
Dec 31, 2025 47.58 Mn
Dec 31, 2025 47.58 Mn
Sep 30, 2025 13.92 Mn
Sep 30, 2025 13.92 Mn
Jun 30, 2025 26.63 Mn
Jun 30, 2025 26.63 Mn
Mar 31, 2025 48.41 Mn
Mar 31, 2025 48.41 Mn
Dec 31, 2024 167.29 Mn
Dec 31, 2024 167.29 Mn
Sep 30, 2024 170.14 Mn
Sep 30, 2024 170.14 Mn
Jun 30, 2024 127.06 Mn
Jun 30, 2024 127.06 Mn
Mar 31, 2024 49.20 Mn
Mar 31, 2024 49.20 Mn
Dec 31, 2023 35.45 Mn
Dec 31, 2023 35.45 Mn