Enphase Energy (ENPH) Change in Inventory (2011 - 2026)

Enphase Energy's Change in Inventory history runs 16 years deep, the most recent figure standing at $2.7 million for Q1 2026.

• On a quarterly basis, Change in Inventory rose 112.65% year-over-year to $2.7 million in Q1 2026; TTM through Mar 2026 was $146.7 million, a 329.65% increase from a year earlier, with the FY2025 full-year figure at $123.0 million, up 353.22% from the prior year.
• Change in Inventory declined to $2.7 million in Q1 2026 per ENPH's latest filing, from $99.4 million in the prior quarter.
• Across five years, Change in Inventory topped out at $99.4 million in Q4 2025 and bottomed at -$31.8 million in Q2 2024.
• The 5-year median for Change in Inventory is $8.0 million (2023), against an average of $12.7 million.
• Across the five-year window, Change in Inventory plunged 766.9% in 2024 and jumped 1511.72% in 2025, its largest moves.
• Year by year, Change in Inventory stood at $3.2 million in 2022, then jumped by 1125.36% to $39.5 million in 2023, then plunged by 84.38% to $6.2 million in 2024, then soared by 1511.72% to $99.4 million in 2025, then plunged by 97.33% to $2.7 million in 2026.
• Per Business Quant, the three latest ENPH Change in Inventory figures stand at $2.7 million (Q1 2026), $99.4 million (Q4 2025), and $15.6 million (Q3 2025).