Enphase Energy (ENPH) Enterprise Value (2011 - 2026)

Enphase Energy's (ENPH) quarterly Enterprise Value came in at -$930.6 million in Q1 2026, up 36.56% year-on-year from -$681.5 million in Q1 2025, and up 38.48% quarter-over-quarter from -$1.5 billion in Q4 2025.

Enphase Energy (ENPH) Enterprise Value (2011 - 2026) Analysis & Trends

Enphase Energy's Enterprise Value history runs 16 years deep, the most recent figure standing at -$930.6 million for Q1 2026.

  • On a quarterly basis, Enterprise Value rose 36.56% year-over-year to -$930.6 million in Q1 2026; TTM through Mar 2026 was -$930.6 million, a 36.56% increase from a year earlier, with the FY2025 full-year figure at -$1.5 billion, down 225.96% from the prior year.
  • Enterprise Value improved to -$930.6 million in Q1 2026 per ENPH's latest filing, from -$1.5 billion in the prior quarter.
  • Across five years, Enterprise Value topped out at -$288.7 million in Q4 2023 and bottomed at -$1.8 billion in Q2 2023.
  • The 5-year median for Enterprise Value is -$1.5 billion (2025), against an average of -$1.4 billion.
  • Across the five-year window, Enterprise Value jumped 82.1% in 2023 and sank 225.96% in 2025, its largest moves.
  • Year by year, Enterprise Value stood at -$1.6 billion in 2022, then soared by 82.1% to -$288.7 million in 2023, then sank by 60.73% to -$464.1 million in 2024, then sank by 225.96% to -$1.5 billion in 2025, then surged by 38.48% to -$930.6 million in 2026.
  • Per Business Quant, the three latest ENPH Enterprise Value figures stand at -$930.6 million (Q1 2026), -$1.5 billion (Q4 2025), and -$1.5 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -2.43 Bn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -1.09 Bn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -930.64 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -1.69 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -553.37 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 320.65 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -1.88 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -433.02 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -200.70 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -76.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -930.64 Mn
Dec 31, 2025 -1.51 Bn
Sep 30, 2025 -1.48 Bn
Jun 30, 2025 -1.53 Bn
Mar 31, 2025 -1.47 Bn
Dec 31, 2024 -464.12 Mn
Sep 30, 2024 -1.77 Bn
Jun 30, 2024 -1.65 Bn
Mar 31, 2024 -1.63 Bn
Dec 31, 2023 -288.75 Mn
Sep 30, 2023 -1.78 Bn
Jun 30, 2023 -1.80 Bn
Mar 31, 2023 -1.78 Bn
Dec 31, 2022 -1.61 Bn
Sep 30, 2022 -1.42 Bn
Jun 30, 2022 -1.25 Bn
Mar 31, 2022 -1.06 Bn
Dec 31, 2021 -1.02 Bn
Sep 30, 2021 -1.39 Bn
Jun 30, 2021 -1.31 Bn