Enphase Energy (ENPH) Deferred Taxes (2019 - 2026)
Enphase Energy's (ENPH) 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 (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.
- On a quarterly basis, Deferred Taxes fell 136.53% year-over-year to -$3.1 million in Q1 2026; TTM through Mar 2026 was -$5.6 million, a 86.49% increase from a year earlier, with the FY2025 full-year figure at $6.1 million, up 110.43% from the prior year.
- Deferred Taxes retreated to -$3.1 million in Q1 2026 per ENPH's latest filing, from -$1.1 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $12.5 million in Q2 2022 and bottomed at -$30.7 million in Q4 2024.
- The 5-year median for Deferred Taxes is -$5.1 million (2023), against an average of -$5.6 million.
- Across the five-year window, Deferred Taxes sank 10099.13% in 2023 and soared 203.23% in 2025, its largest moves.
- Year by year, Deferred Taxes stood at -$12.1 million in 2022, then soared by 58.24% to -$5.1 million in 2023, then sank by 507.07% to -$30.7 million in 2024, then jumped by 96.56% to -$1.1 million in 2025, then sank by 196.68% to -$3.1 million in 2026.
- Per Business Quant, the three latest ENPH Deferred Taxes figures stand at -$3.1 million (Q1 2026), -$1.1 million (Q4 2025), and -$1.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | -15.71 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -3.13 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 7.07 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -89,000.00 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | - |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -1.60 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 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 |