Enphase Energy (ENPH) EBITDA (2011 - 2026)
Enphase Energy's quarterly EBITDA came in at -$29.6 million in Q1 2026, down 192.86% year-on-year from $31.9 million in Q1 2025, and down 232.11% quarter-over-quarter from $22.4 million in Q4 2025.
Enphase Energy has reported EBITDA for 16 years, with the latest figure at -$29.6 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 192.86% year-over-year to -$29.6 million; the trailing twelve-month figure through Mar 2026 stood at $96.0 million (down 30.62% YoY), and the FY2025 full-year result was $157.5 million, up 103.81% from the prior year.
- EBITDA for Q1 2026 stood at -$29.6 million, down from $22.4 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 $64.7 million, with a median of $54.8 million recorded in 2024.
- Year-over-year, EBITDA surged 1957.09% in 2025 and sank 192.86% in 2026.
- Tracing ENPH's EBITDA over 5 years: 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 sank by 232.11% to -$29.6 million in 2026.
- The last three EBITDA 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) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -64.06 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -29.64 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 9.92 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 9.51 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -84.91 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -2.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 61.39 Mn |
| Dec 31, 2020 | 79.11 Mn |
| Sep 30, 2020 | 51.76 Mn |
| Jun 30, 2020 | 10.85 Mn |
| Mar 31, 2020 | 44.71 Mn |
| Dec 31, 2019 | 44.44 Mn |
| Sep 30, 2019 | 33.71 Mn |
| Jun 30, 2019 | 17.45 Mn |
| Mar 31, 2019 | 7.13 Mn |
| Dec 31, 2018 | 5.00 Mn |
| Sep 30, 2018 | -374,000.00 |
| Jun 30, 2018 | -558,000.00 |
| Mar 31, 2018 | -2.48 Mn |
| Dec 31, 2017 | -2.13 Mn |
| Sep 30, 2017 | -5.90 Mn |
| Jun 30, 2017 | -9.25 Mn |
| Mar 31, 2017 | -22.10 Mn |
| Dec 31, 2016 | -10.09 Mn |
| Sep 30, 2016 | -17.73 Mn |
| Jun 30, 2016 | -15.79 Mn |
| Mar 31, 2016 | -19.09 Mn |
| Dec 31, 2015 | -15.17 Mn |
| Sep 30, 2015 | 1.78 Mn |
| Jun 30, 2015 | -369,000.00 |
| Mar 31, 2015 | -5.55 Mn |
| Dec 31, 2014 | 1.95 Mn |
| Sep 30, 2014 | 1.89 Mn |
| Jun 30, 2014 | -2.49 Mn |
| Mar 31, 2014 | -5.79 Mn |
| Dec 31, 2013 | -1.61 Mn |
| Sep 30, 2013 | -5.35 Mn |
| Jun 30, 2013 | -5.49 Mn |
| Mar 31, 2013 | -9.71 Mn |
| Dec 31, 2012 | -6.18 Mn |
| Sep 30, 2012 | -9.01 Mn |
| Jun 30, 2012 | -11.40 Mn |
| Mar 31, 2012 | -9.28 Mn |
| Dec 31, 2011 | -3.83 Mn |
| Sep 30, 2011 | -7.28 Mn |
| Jun 30, 2011 | -10.28 Mn |
| Mar 31, 2011 | -8.96 Mn |