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| Date | Value |
|---|---|
| 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 |