Enphase Energy ENPH
NASDAQ ENPH
$36.72 -2.11 (-5.43%)
At close: Sep 9, 2026 · 4:00 PM EDT

Enphase Energy (ENPH) EBITDA (2011 - 2026)

Enphase Energy (ENPH) posted EBITDA of $51.5 million for Q2 2026, up 273.8% on a QoQ basis from -$29.6 million in Q1 2026, and up 39.21% year-over-year from $37.0 million in Q2 2025.

Analysis

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

Enphase Energy has reported EBITDA for 16 years, with the latest figure at $51.5 million in Q2 2026.

  • On a quarterly basis, EBITDA rose 39.21% year-over-year to $51.5 million in Q2 2026; TTM through Jun 2026 was $110.5 million, a 36.33% decrease from a year earlier, with the FY2025 full-year figure at $157.5 million, up 103.81% from the prior year.
  • EBITDA was $51.5 million for Q2 2026 at Enphase Energy, up from -$29.6 million in the prior quarter.
  • The five-year high for EBITDA was $170.3 million in Q2 2023, with the low at -$29.6 million in Q1 2026.
  • Average EBITDA over 5 years is $63.9 million, with a median of $53.2 million recorded in 2024.
  • The sharpest annual moves came in 2025 and 2026: EBITDA jumped 1957.09% in 2025, then plunged 192.86% in 2026.
  • Over 5 years, EBITDA stood at $157.0 million in 2022, then slumped by 106.52% to -$10.2 million in 2023, then surged by 635.67% to $54.8 million in 2024, then plunged by 59.06% to $22.4 million in 2025, then surged by 129.61% to $51.5 million in 2026.
  • The last three EBITDA figures came in at $51.5 million (Q2 2026), -$29.6 million (Q1 2026), and $22.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 First Solar 21.88 Bn 20.15 Bn 605.00 Mn 450.39 Mn
2 Nextpower 12.39 Bn 11.18 Bn 335.85 Mn 190.91 Mn
3 Enphase Energy 4.85 Bn 3.91 Bn 175.01 Mn 51.52 Mn
4 Solaredge Technologies 2.15 Bn 1.57 Bn 95.15 Mn -16.05 Mn
5 T1 Energy 1.36 Bn 1.15 Bn 49.10 Mn -22.78 Mn
6 Shoals Technologies 1.18 Bn 1.17 Bn 49.53 Mn 21.42 Mn
7 Canadian Solar 910.82 Mn -555.68 Mn 168.48 Mn -71.06 Mn
8 Array Technologies 687.01 Mn 379.71 Mn 99.60 Mn 37.47 Mn
9 JinkoSolar Holding 638.26 Mn -2.04 Bn 75.62 Mn -210.95 Mn
10 Toyo 131.23 Mn 21.19 Mn 36.97 Mn 22.56 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 51.52 Mn
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