Enphase Energy (ENPH) Change in Inventory (2011 - 2026)
Enphase Energy's quarterly Change in Inventory came in at $2.7 million in Q1 2026, up 112.65% year-on-year from $1.2 million in Q1 2025, and down 97.33% quarter-over-quarter from $99.4 million in Q4 2025.
Enphase Energy has reported Change in Inventory for 16 years, with the latest figure at $2.7 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Inventory rose 112.65% year-over-year to $2.7 million; the trailing twelve-month figure through Mar 2026 stood at $146.7 million (up 329.65% YoY), and the FY2025 full-year result was $123.0 million, up 353.22% from the prior year.
- Change in Inventory for Q1 2026 stood at $2.7 million, down from $99.4 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.
- Average Change in Inventory over 5 years is $12.7 million, with a median of $8.0 million recorded in 2023.
- Year-over-year, Change in Inventory plunged 766.9% in 2024 and jumped 1511.72% in 2025.
- Tracing ENPH's Change in Inventory over 5 years: stood at $3.2 million in 2022, then surged by 1125.36% to $39.5 million in 2023, then sank by 84.38% to $6.2 million in 2024, then jumped by 1511.72% to $99.4 million in 2025, then sank by 97.33% to $2.7 million in 2026.
- The last three Change in Inventory figures came in at $2.7 million (Q1 2026), $99.4 million (Q4 2025), and $15.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 143.82 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | - |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 2.65 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 38.34 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -30.90 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 69.63 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | - |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -6.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 39.48 Mn |
| Dec 31, 2023 | 39.48 Mn |
| Sep 30, 2023 | 8.00 Mn |
| Sep 30, 2023 | 8.00 Mn |
| Jun 30, 2023 | 15.55 Mn |
| Jun 30, 2023 | 15.55 Mn |
| Mar 31, 2023 | 855,000.00 |
| Mar 31, 2023 | 855,000.00 |
| Dec 31, 2022 | 3.22 Mn |
| Dec 31, 2022 | 3.22 Mn |
| Sep 30, 2022 | 16.19 Mn |
| Sep 30, 2022 | 16.19 Mn |
| Jun 30, 2022 | 33.83 Mn |
| Jun 30, 2022 | 33.83 Mn |
| Mar 31, 2022 | 22.04 Mn |
| Mar 31, 2022 | 22.04 Mn |
| Dec 31, 2021 | 5.62 Mn |
| Dec 31, 2021 | 5.62 Mn |
| Sep 30, 2021 | 27.65 Mn |
| Sep 30, 2021 | 27.65 Mn |
| Jun 30, 2021 | 2.88 Mn |
| Jun 30, 2021 | 2.88 Mn |
| Mar 31, 2021 | -6.89 Mn |
| Mar 31, 2021 | -6.89 Mn |
| Dec 31, 2020 | 4.23 Mn |
| Dec 31, 2020 | 4.23 Mn |
| Sep 30, 2020 | 6.35 Mn |
| Sep 30, 2020 | 6.35 Mn |
| Jun 30, 2020 | -3.43 Mn |
| Jun 30, 2020 | -3.43 Mn |
| Mar 31, 2020 | 2.56 Mn |
| Mar 31, 2020 | 2.56 Mn |
| Dec 31, 2019 | 1.83 Mn |
| Dec 31, 2019 | 1.83 Mn |
| Sep 30, 2019 | 10.14 Mn |
| Sep 30, 2019 | 10.14 Mn |
| Jun 30, 2019 | 7.12 Mn |
| Jun 30, 2019 | 7.12 Mn |
| Mar 31, 2019 | -3.30 Mn |
| Mar 31, 2019 | -3.30 Mn |
| Dec 31, 2018 | -1.62 Mn |
| Dec 31, 2018 | -1.62 Mn |
| Sep 30, 2018 | 416,000.00 |
| Sep 30, 2018 | 416,000.00 |
| Jun 30, 2018 | -1.07 Mn |
| Jun 30, 2018 | -1.07 Mn |
| Mar 31, 2018 | -7.46 Mn |
| Mar 31, 2018 | -7.46 Mn |
| Dec 31, 2017 | 683,000.00 |
| Dec 31, 2017 | 683,000.00 |
| Sep 30, 2017 | 4.48 Mn |
| Sep 30, 2017 | 4.48 Mn |
| Jun 30, 2017 | -12.97 Mn |
| Jun 30, 2017 | -12.97 Mn |
| Mar 31, 2017 | 1.85 Mn |
| Mar 31, 2017 | 1.85 Mn |
| Dec 31, 2016 | -7.14 Mn |
| Dec 31, 2016 | -7.14 Mn |
| Sep 30, 2016 | -194,000.00 |
| Sep 30, 2016 | -194,000.00 |
| Jun 30, 2016 | -6.28 Mn |
| Jun 30, 2016 | -6.28 Mn |
| Mar 31, 2016 | 4.78 Mn |
| Mar 31, 2016 | 4.78 Mn |
| Dec 31, 2015 | 4.08 Mn |
| Dec 31, 2015 | 4.08 Mn |
| Sep 30, 2015 | 2.66 Mn |
| Sep 30, 2015 | 2.66 Mn |
| Jun 30, 2015 | -692,000.00 |
| Jun 30, 2015 | -692,000.00 |
| Mar 31, 2015 | 13.16 Mn |
| Mar 31, 2015 | 13.16 Mn |
| Dec 31, 2014 | 6.10 Mn |
| Dec 31, 2014 | 6.10 Mn |
| Sep 30, 2014 | -236,000.00 |
| Sep 30, 2014 | -236,000.00 |
| Jun 30, 2014 | 1.61 Mn |
| Jun 30, 2014 | 1.61 Mn |
| Mar 31, 2014 | -2.47 Mn |
| Mar 31, 2014 | -2.47 Mn |
| Dec 31, 2013 | -7.81 Mn |
| Dec 31, 2013 | -7.81 Mn |
| Sep 30, 2013 | 6.49 Mn |
| Sep 30, 2013 | 6.49 Mn |
| Jun 30, 2013 | -4.40 Mn |
| Jun 30, 2013 | -4.40 Mn |
| Mar 31, 2013 | 2.47 Mn |
| Mar 31, 2013 | 2.47 Mn |
| Dec 31, 2012 | 3.19 Mn |
| Dec 31, 2012 | 3.19 Mn |
| Sep 30, 2012 | -14.32 Mn |
| Sep 30, 2012 | -14.32 Mn |
| Jun 30, 2012 | 5.31 Mn |
| Jun 30, 2012 | 5.31 Mn |
| Mar 31, 2012 | 14.43 Mn |
| Mar 31, 2012 | 14.43 Mn |
| Mar 31, 2011 | 1.30 Mn |
| Mar 31, 2011 | 1.30 Mn |