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
DateValue
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