Enphase Energy (ENPH) EBIT (2011 - 2026)

Enphase Energy (ENPH) recorded quarterly EBIT of -$29.6 million in Q1 2026, down 232.11% quarter-over-quarter from $22.4 million in Q4 2025, and down 192.86% on a YoY basis from $31.9 million in Q1 2025.

Enphase Energy (ENPH) EBIT (2011 - 2026) Analysis & Trends

Enphase Energy's EBIT history runs 16 years deep, the most recent figure standing at -$29.6 million for Q1 2026.

  • In Q1 2026, EBIT fell 192.86% year-over-year to -$29.6 million; the TTM figure through Mar 2026 stood at $96.0 million (down 30.62% YoY), while the FY2025 annual figure was $157.5 million, up 103.81% from the prior year.
  • EBIT was -$29.6 million for Q1 2026 at Enphase Energy, down from $22.4 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of $170.3 million in Q2 2023 to a low of -$29.6 million in Q1 2026.
  • Historically, EBIT has averaged $64.7 million across 5 years, with a median of $54.8 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: EBIT soared 1957.09% in 2025, then sank 192.86% in 2026.
  • A 5-year view of EBIT shows it stood at $157.0 million in 2022, then tumbled by 106.52% to -$10.2 million in 2023, then jumped by 635.67% to $54.8 million in 2024, then sank by 59.06% to $22.4 million in 2025, then slumped by 232.11% to -$29.6 million in 2026.
  • The last three EBIT figures came in at -$29.6 million (Q1 2026), $22.4 million (Q4 2025), and $66.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 345.30 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 153.59 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -29.64 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -55.04 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -43.51 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 7.72 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 7.11 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -84.91 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -2.41 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 -29.64 Mn
Dec 31, 2025 22.44 Mn
Sep 30, 2025 66.16 Mn
Jun 30, 2025 37.01 Mn
Mar 31, 2025 31.92 Mn
Dec 31, 2024 54.80 Mn
Sep 30, 2024 49.79 Mn
Jun 30, 2024 1.80 Mn
Mar 31, 2024 -29.10 Mn
Dec 31, 2023 -10.23 Mn
Sep 30, 2023 117.99 Mn
Jun 30, 2023 170.32 Mn
Mar 31, 2023 167.66 Mn
Dec 31, 2022 156.96 Mn
Sep 30, 2022 135.44 Mn
Jun 30, 2022 94.04 Mn
Mar 31, 2022 61.82 Mn
Dec 31, 2021 57.70 Mn
Sep 30, 2021 37.35 Mn
Jun 30, 2021 59.40 Mn