Enphase Energy (ENPH) Enterprise Value (2012 - 2026)
Enphase Energy's Enterprise Value came in at $3.43 billion for Q3 2026, up 8.9% from $3.15 billion a year earlier but down 38.4% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Enterprise Value (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Enphase Energy reported Enterprise Value of $51.56 million; 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 five-year range for quarterly Enterprise Value is $2.69 billion (Q4 2025) to $36.28 billion (Q3 2022).
- Year-over-year, Enterprise Value increased in two of the last eight quarters, with an average decline of 37.1%.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2022 (growth of 92.7%), and the weakest in Q3 2025 (a decline of 76.6%).
- Business Quant data shows ENPH's Enterprise Value at $5.57 billion (Q2 2026), $4.05 billion (Q1 2026) and $2.69 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.43 Bn |
| 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 |
API Access
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_KEYimport 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();