Enphase Energy (ENPH) EBT (2011 - 2026)

Enphase Energy (ENPH) recorded quarterly EBT of -$13.9 million in Q1 2026, down 135.92% quarter-over-quarter from $38.7 million in Q4 2025, and down 129.64% on a YoY basis from $46.9 million in Q1 2025.

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

Enphase Energy's EBT history runs 16 years deep, the most recent figure standing at -$13.9 million for Q1 2026.

  • In Q1 2026, EBT fell 129.64% year-over-year to -$13.9 million; the TTM figure through Mar 2026 stood at $144.0 million (down 19.33% YoY), while the FY2025 annual figure was $204.8 million, up 70.45% from the prior year.
  • EBT was -$13.9 million for Q1 2026 at Enphase Energy, down from $38.7 million in the prior quarter.
  • In the past five years, EBT ranged from a high of $184.6 million in Q2 2023 to a low of -$13.9 million in Q1 2026.
  • Historically, EBT has averaged $75.1 million across 5 years, with a median of $57.4 million in 2022.
  • The sharpest annual moves came in 2022 and 2026: EBT jumped 3476.47% in 2022, then sank 129.64% in 2026.
  • A 5-year view of EBT shows it stood at $168.1 million in 2022, then sank by 92.72% to $12.2 million in 2023, then surged by 469.48% to $69.7 million in 2024, then plunged by 44.48% to $38.7 million in 2025, then tumbled by 135.92% to -$13.9 million in 2026.
  • The last three EBT figures came in at -$13.9 million (Q1 2026), $38.7 million (Q4 2025), and $77.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 354.33 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 159.64 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -13.90 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -56.08 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -290.27 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -386,000.00
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 4.13 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -174.72 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -1.91 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.90 Mn
Dec 31, 2025 38.70 Mn
Sep 30, 2025 77.02 Mn
Jun 30, 2025 42.20 Mn
Mar 31, 2025 46.90 Mn
Dec 31, 2024 69.70 Mn
Sep 30, 2024 50.70 Mn
Jun 30, 2024 11.22 Mn
Mar 31, 2024 -11.50 Mn
Dec 31, 2023 12.24 Mn
Sep 30, 2023 137.30 Mn
Jun 30, 2023 184.59 Mn
Mar 31, 2023 178.97 Mn
Dec 31, 2022 168.15 Mn
Sep 30, 2022 134.30 Mn
Jun 30, 2022 92.21 Mn
Mar 31, 2022 57.40 Mn
Dec 31, 2021 50.53 Mn
Sep 30, 2021 25.71 Mn
Jun 30, 2021 46.30 Mn