Enphase Energy (ENPH) Cost of Revenue (2011 - 2026)

Enphase Energy's Cost of Revenue history runs 16 years deep, the most recent figure standing at $116.8 million for Q2 2026.

• In Q2 2026, Cost of Revenue fell 39.35% year-over-year to $116.8 million; the TTM figure through Jun 2026 stood at $704.8 million (down 8.18% YoY), while the FY2025 annual figure was $786.0 million, up 12.08% from the prior year.
• Cost of Revenue for Q2 2026 stood at $116.8 million, down from $182.5 million in the prior quarter.
• The five-year high for Cost of Revenue was $414.0 million in Q4 2022, with the low at $116.8 million in Q2 2026.
• The 5-year median for Cost of Revenue is $197.7 million (2024), against an average of $243.1 million.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 73.7% in 2022, then tumbled 63.01% in 2024.
• Enphase Energy's Cost of Revenue stood at $414.0 million in 2022, then plunged by 62.34% to $155.9 million in 2023, then gained by 18.29% to $184.4 million in 2024, then climbed by 3.73% to $191.3 million in 2025, then sank by 38.92% to $116.8 million in 2026.
• Business Quant data shows ENPH's Cost of Revenue at $116.8 million in Q2 2026, $182.5 million in Q1 2026, and $191.3 million in Q4 2025.