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
DateValue
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