Enphase Energy (ENPH) Deferred Taxes (2019 - 2026)
Enphase Energy's quarterly Deferred Taxes came in at -$3.1 million in Q1 2026, down 136.53% year-on-year from $8.6 million in Q1 2025, and down 196.68% quarter-over-quarter from -$1.1 million in Q4 2025.
Enphase Energy has reported Deferred Taxes for 8 years, with the latest figure at -$3.1 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes fell 136.53% year-over-year to -$3.1 million; the trailing twelve-month figure through Mar 2026 stood at -$5.6 million (up 86.49% YoY), and the FY2025 full-year result was $6.1 million, up 110.43% from the prior year.
- Deferred Taxes for Q1 2026 stood at -$3.1 million, down from -$1.1 million in the prior quarter.
- The five-year high for Deferred Taxes was $12.5 million in Q2 2022, with the low at -$30.7 million in Q4 2024.
- Average Deferred Taxes over 5 years is -$5.6 million, with a median of -$5.1 million recorded in 2023.
- Year-over-year, Deferred Taxes sank 10099.13% in 2023 and soared 203.23% in 2025.
- Tracing ENPH's Deferred Taxes over 5 years: stood at -$12.1 million in 2022, then jumped by 58.24% to -$5.1 million in 2023, then slumped by 507.07% to -$30.7 million in 2024, then surged by 96.56% to -$1.1 million in 2025, then slumped 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | -15.71 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | - |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -3.13 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 7.07 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -89,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -1.60 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 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 |
| Mar 31, 2021 | -35.37 Mn |
| Dec 31, 2020 | -2.61 Mn |
| Sep 30, 2020 | 5.06 Mn |
| Jun 30, 2020 | -7.07 Mn |
| Mar 31, 2020 | -12.50 Mn |
| Dec 31, 2019 | -73.38 Mn |