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

Enphase Energy's (ENPH) quarterly Cash from Operations came in at 102871000.0 in Q1 2026, up 112.48% year-on-year from 48414000.0 in Q1 2025, and up 116.21% quarter-over-quarter from 47579000.0 in Q4 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.

  • On a quarterly basis, Cash from Operations rose 112.48% year-over-year to 102871000.0 in Q1 2026; TTM through Mar 2026 was 190997000.0, a 62.76% decrease from a year earlier, with the FY2025 full-year figure at 136540000.0, down 73.42% from the prior year.
  • Cash from Operations improved to 102871000.0 in Q1 2026 per ENPH's latest filing, from 47579000.0 in the prior quarter.
  • Across five years, Cash from Operations topped out at 269243000.0 in Q2 2023 and bottomed at 13918000.0 in Q3 2025.
  • The 5-year median for Cash from Operations is 127062000.0 (2024), against an average of 129100058.82.
  • Across the five-year window, Cash from Operations soared 371.91% in 2024 and slumped 91.82% in 2025, its largest moves.
  • Year by year, Cash from Operations stood at 253714000.0 in 2022, then tumbled by 86.03% to 35450000.0 in 2023, then surged by 371.91% to 167292000.0 in 2024, then sank by 71.56% to 47579000.0 in 2025, then surged by 116.21% to 102871000.0 in 2026.
  • Per Business Quant, the three latest ENPH Cash from Operations figures stand at 102871000.0 (Q1 2026), 47579000.0 (Q4 2025), and 13918000.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -214.87 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 171.43 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 102.87 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 24.43 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 10.62 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -41.45 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -65.03 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -29.42 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 33.44 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