Enphase Energy (ENPH) EBT Margin (2011 - 2026)
Enphase Energy's quarterly EBT Margin came in at 4.91% in Q1 2026, down 1808.0% year-on-year from 0.29% in Q1 2025, and down 143.59% quarter-over-quarter from 11.27% in Q4 2025.
Enphase Energy has reported EBT Margin for 16 years, with the latest figure at 4.91% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 1808.0% year-over-year to 4.91%; the trailing twelve-month figure through Mar 2026 stood at 10.29% (down 226.0% YoY), and the FY2025 full-year result was 13.9%, up 487.0% from the prior year.
- EBT Margin for Q1 2026 stood at 4.91%, down from 11.27% in the prior quarter.
- The five-year high for EBT Margin was 25.96% in Q2 2023, with the low at 4.91% in Q1 2026.
- Average EBT Margin over 5 years is 13.83%, with a median of 13.31% recorded in 2024.
- Year-over-year, EBT Margin slumped 2902 bps in 2024 and jumped 1754 bps in 2025.
- Tracing ENPH's EBT Margin over 5 years: stood at 23.2% in 2022, then plunged by 83 bps to 4.05% in 2023, then soared by 350 bps to 18.21% in 2024, then slumped by 38 bps to 11.27% in 2025, then plunged by 144 bps to 4.91% in 2026.
- The last three EBT Margin figures came in at 4.91% (Q1 2026), 11.27% (Q4 2025), and 18.77% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 33.93% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 18.13% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -0.55% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -4.91% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -18.06% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -40.19% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -0.27% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 1.85% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -9.84% |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -7.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.91% |
| Dec 31, 2025 | 11.27% |
| Sep 30, 2025 | 18.77% |
| Jun 30, 2025 | 11.62% |
| Mar 31, 2025 | 13.17% |
| Dec 31, 2024 | 18.21% |
| Sep 30, 2024 | 13.31% |
| Jun 30, 2024 | 3.70% |
| Mar 31, 2024 | -4.37% |
| Dec 31, 2023 | 4.05% |
| Sep 30, 2023 | 24.91% |
| Jun 30, 2023 | 25.96% |
| Mar 31, 2023 | 24.65% |
| Dec 31, 2022 | 23.20% |
| Sep 30, 2022 | 21.16% |
| Jun 30, 2022 | 17.39% |
| Mar 31, 2022 | 13.01% |
| Dec 31, 2021 | 12.24% |
| Sep 30, 2021 | 7.31% |
| Jun 30, 2021 | 14.65% |
| Mar 31, 2021 | -0.56% |
| Dec 31, 2020 | 26.94% |
| Sep 30, 2020 | 25.12% |
| Jun 30, 2020 | -42.90% |
| Mar 31, 2020 | 27.78% |
| Dec 31, 2019 | 21.15% |
| Sep 30, 2019 | 17.42% |
| Jun 30, 2019 | 8.36% |
| Mar 31, 2019 | 3.11% |
| Dec 31, 2018 | 1.39% |
| Sep 30, 2018 | -4.13% |
| Jun 30, 2018 | -4.48% |
| Mar 31, 2018 | -6.99% |
| Dec 31, 2017 | -4.88% |
| Sep 30, 2017 | -9.14% |
| Jun 30, 2017 | -15.04% |
| Mar 31, 2017 | -42.33% |
| Dec 31, 2016 | -13.73% |
| Sep 30, 2016 | -20.99% |
| Jun 30, 2016 | -20.68% |
| Mar 31, 2016 | -28.94% |
| Dec 31, 2015 | -23.02% |
| Sep 30, 2015 | 0.91% |
| Jun 30, 2015 | -0.37% |
| Mar 31, 2015 | -7.10% |
| Dec 31, 2014 | 0.78% |
| Sep 30, 2014 | 0.95% |
| Jun 30, 2014 | -3.56% |
| Mar 31, 2014 | -10.64% |
| Dec 31, 2013 | -3.57% |
| Sep 30, 2013 | -9.93% |
| Jun 30, 2013 | -10.78% |
| Mar 31, 2013 | -22.43% |
| Dec 31, 2012 | -12.92% |
| Sep 30, 2012 | -14.43% |
| Jun 30, 2012 | -20.17% |
| Mar 31, 2012 | -23.75% |
| Dec 31, 2011 | -9.69% |
| Sep 30, 2011 | -16.04% |
| Jun 30, 2011 | -34.77% |
| Mar 31, 2011 | -51.41% |