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.

• In Q1 2026, Change in Inventory rose 112.65% year-over-year to $2.7 million; the TTM figure through Mar 2026 stood at $146.7 million (up 329.65% YoY), while the FY2025 annual figure was $123.0 million, up 353.22% from the prior year.
• Change in Inventory was $2.7 million for Q1 2026 at Enphase Energy, down from $99.4 million in the prior quarter.
• In the past five years, Change in Inventory ranged from a high of $99.4 million in Q4 2025 to a low of -$31.8 million in Q2 2024.
• Historically, Change in Inventory has averaged $12.7 million across 5 years, with a median of $8.0 million in 2023.
• The sharpest annual moves came in 2024 and 2025: Change in Inventory plunged 766.9% in 2024, then surged 1511.72% in 2025.
• A 5-year view of Change in Inventory shows it stood at $3.2 million in 2022, then jumped by 1125.36% to $39.5 million in 2023, then slumped by 84.38% to $6.2 million in 2024, then soared by 1511.72% to $99.4 million in 2025, then slumped 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.