Enphase Energy (ENPH) Enterprise Value (2012 - 2026)
Enphase Energy's Enterprise Value came in at $5.57 billion for Q2 2026, up 52.4% from $3.65 billion a year earlier and up 37.4% from the prior quarter.
Enphase Energy (ENPH) Enterprise Value (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Enphase Energy reported Enterprise Value of $1.65 billion; for FY2025, it was $2.69 billion, down 64.0% from FY2024.
- Enterprise Value has declined in each of the last three years, with a five-year compound annual growth rate of -34.3% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $7.47 billion in FY2024 (-54.0%), $16.24 billion in FY2023 (-53.0%), $34.54 billion in FY2022 (+47.1%) and $23.48 billion in FY2021 (+7.0%).
- The Q2 2026 figure represents the highest quarterly Enterprise Value since Q1 2025.
- Year-over-year, Enterprise Value increased in 1 of the last eight quarters, with an average decline of 39.2%.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2021 (growth of 92.8%), and the weakest in Q3 2025 (a decline of 76.6%).
- Business Quant data shows ENPH's Enterprise Value at $4.05 billion (Q1 2026), $2.69 billion (Q4 2025) and $3.15 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn |
| 10 | Nuscale Power | 3.18 Bn | 3.14 Bn | -152,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.57 Bn |
| Mar 31, 2026 | 4.05 Bn |
| Dec 31, 2025 | 2.69 Bn |
| Sep 30, 2025 | 3.15 Bn |
| Jun 30, 2025 | 3.65 Bn |
| Mar 31, 2025 | 6.67 Bn |
| Dec 31, 2024 | 7.47 Bn |
| Sep 30, 2024 | 13.50 Bn |
| Jun 30, 2024 | 11.85 Bn |
| Mar 31, 2024 | 14.82 Bn |
| Dec 31, 2023 | 16.24 Bn |
| Sep 30, 2023 | 14.62 Bn |
| Jun 30, 2023 | 20.98 Bn |
| Mar 31, 2023 | 27.03 Bn |
| Dec 31, 2022 | 34.54 Bn |
| Sep 30, 2022 | 36.28 Bn |
| Jun 30, 2022 | 25.19 Bn |
| Mar 31, 2022 | 26.17 Bn |
| Dec 31, 2021 | 23.48 Bn |
| Sep 30, 2021 | 18.83 Bn |
Enphase Energy Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=ENPH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();