Enphase Energy (ENPH) Deferred Taxes (2019 - 2026)
Enphase Energy (ENPH) recorded quarterly Deferred Taxes of -$3.1 million in Q1 2026, down 196.68% quarter-over-quarter from -$1.1 million in Q4 2025, and down 136.53% on a YoY basis from $8.6 million in Q1 2025.
Enphase Energy (ENPH) Deferred Taxes (2019 - 2026) Analysis & Trends
Enphase Energy's Deferred Taxes history runs 8 years deep, the most recent figure standing at -$3.1 million for Q1 2026.
- In Q1 2026, Deferred Taxes fell 136.53% year-over-year to -$3.1 million; the TTM figure through Mar 2026 stood at -$5.6 million (up 86.49% YoY), while the FY2025 annual figure was $6.1 million, up 110.43% from the prior year.
- Deferred Taxes was -$3.1 million for Q1 2026 at Enphase Energy, down from -$1.1 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $12.5 million in Q2 2022 to a low of -$30.7 million in Q4 2024.
- Historically, Deferred Taxes has averaged -$5.6 million across 5 years, with a median of -$5.1 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Deferred Taxes sank 10099.13% in 2023, then jumped 203.23% in 2025.
- A 5-year view of Deferred Taxes shows it stood at -$12.1 million in 2022, then soared by 58.24% to -$5.1 million in 2023, then tumbled by 507.07% to -$30.7 million in 2024, then jumped by 96.56% to -$1.1 million in 2025, then tumbled by 196.68% to -$3.1 million in 2026.
- The last three Deferred Taxes figures came in at -$3.1 million (Q1 2026), -$1.1 million (Q4 2025), and -$1.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | -15.71 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -3.13 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 7.07 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -89,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -1.60 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.13 Mn |
| Dec 31, 2025 | -1.05 Mn |
| Sep 30, 2025 | -1.83 Mn |
| Jun 30, 2025 | 403,000.00 |
| Mar 31, 2025 | 8.56 Mn |
| Dec 31, 2024 | -30.68 Mn |
| Sep 30, 2024 | -5.28 Mn |
| Jun 30, 2024 | -14.08 Mn |
| Mar 31, 2024 | -8.29 Mn |
| Dec 31, 2023 | -5.05 Mn |
| Sep 30, 2023 | -11.50 Mn |
| Jun 30, 2023 | -10.62 Mn |
| Mar 31, 2023 | -16.18 Mn |
| Dec 31, 2022 | -12.10 Mn |
| Sep 30, 2022 | 115,000.00 |
| Jun 30, 2022 | 12.45 Mn |
| Mar 31, 2022 | 3.17 Mn |
| Dec 31, 2021 | -2.45 Mn |
| Sep 30, 2021 | 1.34 Mn |
| Jun 30, 2021 | 5.24 Mn |