Enphase Energy (ENPH) EBT (2011 - 2026)
Enphase Energy's (ENPH) quarterly EBT came in at -$13.9 million in Q1 2026, down 129.64% year-on-year from $46.9 million in Q1 2025, and down 135.9% quarter-over-quarter from $38.7 million in Q4 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.
- On a quarterly basis, EBT fell 129.64% year-over-year to -$13.9 million in Q1 2026; TTM through Mar 2026 was $144.0 million, a 19.34% decrease from a year earlier, with the FY2025 full-year figure at $204.8 million, up 70.45% from the prior year.
- EBT eased to -$13.9 million in Q1 2026 per ENPH's latest filing, from $38.7 million in the prior quarter.
- Across five years, EBT topped out at $184.6 million in Q2 2023 and bottomed at -$13.9 million in Q1 2026.
- The 5-year median for EBT is $57.4 million (2022), against an average of $75.1 million.
- Across the five-year window, EBT soared 3476.88% in 2022 and sank 129.64% in 2026, its largest moves.
- Year by year, EBT stood at $168.2 million in 2022, then slumped by 92.73% to $12.2 million in 2023, then jumped by 470.04% to $69.7 million in 2024, then tumbled by 44.46% to $38.7 million in 2025, then tumbled by 135.9% to -$13.9 million in 2026.
- Per Business Quant, the three latest ENPH EBT figures stand at -$13.9 million (Q1 2026), $38.7 million (Q4 2025), and $77.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 354.33 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 159.64 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -13.90 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -174.72 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -56.08 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -290.27 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -386,000.00 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -118.53 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 4.13 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 33.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.90 Mn |
| Dec 31, 2025 | 38.71 Mn |
| Sep 30, 2025 | 77.00 Mn |
| Jun 30, 2025 | 42.20 Mn |
| Mar 31, 2025 | 46.90 Mn |
| Dec 31, 2024 | 69.70 Mn |
| Sep 30, 2024 | 50.74 Mn |
| Jun 30, 2024 | 11.20 Mn |
| Mar 31, 2024 | -11.50 Mn |
| Dec 31, 2023 | 12.23 Mn |
| Sep 30, 2023 | 137.30 Mn |
| Jun 30, 2023 | 184.60 Mn |
| Mar 31, 2023 | 178.97 Mn |
| Dec 31, 2022 | 168.18 Mn |
| Sep 30, 2022 | 134.30 Mn |
| Jun 30, 2022 | 92.21 Mn |
| Mar 31, 2022 | 57.41 Mn |
| Dec 31, 2021 | 50.53 Mn |
| Sep 30, 2021 | 25.71 Mn |
| Jun 30, 2021 | 46.35 Mn |