Enphase Energy (ENPH) Change in Inventory (2011 - 2026)
Enphase Energy (ENPH) posted quarterly Change in Inventory of -$5.7 million for Q2 2026, down 119.59% year-over-year from $29.0 million in Q2 2025, and down 313.98% quarter-over-quarter from $2.7 million in Q1 2026.
Enphase Energy (ENPH) Change in Inventory (2011 - 2026) Analysis & Trends
Enphase Energy's Change in Inventory history runs 16 years deep, the most recent figure standing at -$5.7 million for Q2 2026.
- In Q2 2026, Change in Inventory fell 119.59% year-over-year to -$5.7 million; the TTM figure through Jun 2026 stood at $112.0 million (up 3769.92% YoY), while the FY2025 annual figure was $123.0 million, up 353.22% from the prior year.
- Change in Inventory for Q2 2026 stood at -$5.7 million, down from $2.7 million in the prior quarter.
- The five-year high for Change in Inventory was $99.4 million in Q4 2025, with the low at -$31.8 million in Q2 2024.
- The 5-year median for Change in Inventory is $7.1 million (2023), against an average of $11.7 million.
- The sharpest annual moves came in 2024 and 2025: Change in Inventory tumbled 766.9% in 2024, then jumped 1511.72% in 2025.
- Enphase Energy's Change in Inventory stood at $3.2 million in 2022, then soared by 1125.36% to $39.5 million in 2023, then sank by 84.38% to $6.2 million in 2024, then surged by 1511.72% to $99.4 million in 2025, then sank by 105.71% to -$5.7 million in 2026.
- Business Quant data shows ENPH's Change in Inventory at -$5.7 million in Q2 2026, $2.7 million in Q1 2026, and $99.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 162.14 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | -5.68 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 101.39 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -3.12 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 27.45 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -5.68 Mn |
| Jun 30, 2026 | -5.68 Mn |
| Mar 31, 2026 | 2.65 Mn |
| Mar 31, 2026 | 2.65 Mn |
| Dec 31, 2025 | 99.40 Mn |
| Dec 31, 2025 | 99.40 Mn |
| Sep 30, 2025 | 15.64 Mn |
| Sep 30, 2025 | 15.64 Mn |
| Jun 30, 2025 | 28.99 Mn |
| Jun 30, 2025 | 28.99 Mn |
| Mar 31, 2025 | -20.98 Mn |
| Mar 31, 2025 | -20.98 Mn |
| Dec 31, 2024 | 6.17 Mn |
| Dec 31, 2024 | 6.17 Mn |
| Sep 30, 2024 | -17.23 Mn |
| Sep 30, 2024 | -17.23 Mn |
| Jun 30, 2024 | -31.83 Mn |
| Jun 30, 2024 | -31.83 Mn |
| Mar 31, 2024 | -5.70 Mn |
| Mar 31, 2024 | -5.70 Mn |