Enphase Energy (ENPH) EBITDA (2011 - 2026)
Enphase Energy's EBITDA came in at $71.72 million for Q2 2026, up 25.6% from $57.09 million a year earlier.
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Analysis
Enphase Energy (ENPH) EBITDA (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Enphase Energy reported EBITDA of $192.13 million, down 24.4% year-over-year; for FY2025, it came in at $238.17 million, up 50.1% from FY2024.
- EBITDA carries a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- Going back by year, EBITDA was $158.68 million in FY2024 (-69.5%), $520.45 million in FY2023 (+2.6%), $507.04 million in FY2022 (+105.5%) and $246.68 million in FY2021 (+20.6%).
- The five-year range for quarterly EBITDA is -$8.96 million (Q1 2024) to $188.15 million (Q2 2023).
- Year-over-year, EBITDA increased in four of the last six quarters, with growth averaging 120.7%.
- The fastest year-over-year change in EBITDA over five years came in Q4 2024 (growth of 611.3%), and the weakest in Q4 2023 (a decline of 93.9%).
- Business Quant data shows ENPH's EBITDA at -$8.83 million (Q1 2026), $42.87 million (Q4 2025) and $86.38 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 238.25 Bn | 198.17 Bn | 2.36 Bn | 1.07 Bn |
| 2 | Bloom Energy | 64.00 Bn | 55.79 Bn | 355.57 Mn | 199.36 Mn |
| 3 | First Solar | 18.75 Bn | 9.70 Bn | 605.00 Mn | 598.23 Mn |
| 4 | BWX Technologies | 12.32 Bn | 10.62 Bn | 202.31 Mn | 145.50 Mn |
| 5 | Nextpower | 11.91 Bn | 7.80 Bn | 335.85 Mn | 199.67 Mn |
| 6 | Generac Holdings | 11.42 Bn | 10.25 Bn | 521.81 Mn | 300.20 Mn |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn | 182.39 Mn |
| 8 | Enphase Energy | 4.25 Bn | -607.94 Mn | 175.01 Mn | 72.04 Mn |
| 9 | Mirion Technologies | 3.72 Bn | 1.56 Bn | 133.10 Mn | 58.00 Mn |
| 10 | QuantumScape | 2.46 Bn | -1.28 Bn | - | -92.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 72.04 Mn |
| Mar 31, 2026 | -8.20 Mn |
| Dec 31, 2025 | 43.69 Mn |
| Sep 30, 2025 | 87.21 Mn |
| Jun 30, 2025 | 57.92 Mn |
| Mar 31, 2025 | 53.52 Mn |
| Dec 31, 2024 | 77.66 Mn |
| Sep 30, 2024 | 72.06 Mn |
| Jun 30, 2024 | 24.44 Mn |
| Mar 31, 2024 | -6.83 Mn |
| Dec 31, 2023 | 12.74 Mn |
| Sep 30, 2023 | 139.55 Mn |
| Jun 30, 2023 | 190.25 Mn |
| Mar 31, 2023 | 186.29 Mn |
| Dec 31, 2022 | 175.05 Mn |
| Sep 30, 2022 | 152.17 Mn |
| Jun 30, 2022 | 110.08 Mn |
| Mar 31, 2022 | 77.91 Mn |
| Dec 31, 2021 | 79.63 Mn |
| Sep 30, 2021 | 58.04 Mn |
API Access
Enphase Energy EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();