Enphase Energy (ENPH) Current Deferred Revenue (2011 - 2026)
Enphase Energy (ENPH) recorded Current Deferred Revenue of $224.27 million in Q2 2026, up 73.8% from $129.04 million a year earlier and up 55.4% from the prior quarter.
Enphase Energy (ENPH) Current Deferred Revenue (2011 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy reported Current Deferred Revenue of $180.52 million, down 23.9% from FY2024.
- Annual Current Deferred Revenue has a five-year compound annual growth rate of 30.5% (FY2020 to FY2025).
- Across earlier years, Current Deferred Revenue came in at $237.23 million in FY2024 (+100.5%), $118.3 million in FY2023 (+30.4%), $90.75 million in FY2022 (+44.8%) and $62.67 million in FY2021 (+31.5%).
- The Q2 2026 figure is the highest quarterly Current Deferred Revenue since Q4 2024.
- On a year-over-year basis, Current Deferred Revenue rose in five of the last eight quarters, with growth averaging 22.6%.
- Peak year-over-year performance for Current Deferred Revenue in the last five years was growth of 100.5% in Q4 2024, against a decline of 23.9% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $144.33 million (Q1 2026), $180.52 million (Q4 2025) and $111.49 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 224.27 Mn |
| Mar 31, 2026 | 144.33 Mn |
| Dec 31, 2025 | 180.52 Mn |
| Sep 30, 2025 | 111.49 Mn |
| Jun 30, 2025 | 129.04 Mn |
| Mar 31, 2025 | 167.77 Mn |
| Dec 31, 2024 | 237.23 Mn |
| Sep 30, 2024 | 129.56 Mn |
| Jun 30, 2024 | 123.58 Mn |
| Mar 31, 2024 | 119.82 Mn |
| Dec 31, 2023 | 118.30 Mn |
| Sep 30, 2023 | 114.03 Mn |
| Jun 30, 2023 | 109.18 Mn |
| Mar 31, 2023 | 99.82 Mn |
| Dec 31, 2022 | 90.75 Mn |
| Sep 30, 2022 | 79.61 Mn |
| Jun 30, 2022 | 74.07 Mn |
| Mar 31, 2022 | 68.69 Mn |
| Dec 31, 2021 | 62.67 Mn |
| Sep 30, 2021 | 59.23 Mn |
Enphase Energy Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=ENPH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();