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
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