Enphase Energy (ENPH) Enterprise Value (2011 - 2026)
Enphase Energy (ENPH) recorded quarterly Enterprise Value of -$930.6 million in Q1 2026, up 38.48% quarter-over-quarter from -$1.5 billion in Q4 2025, and down 124.2% on a YoY basis from $3.8 billion in Q1 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.
- In Q1 2026, Enterprise Value fell 124.2% year-over-year to -$930.6 million; the TTM figure through Mar 2026 stood at -$930.6 million (down 124.2% YoY), while the FY2025 annual figure was -$1.5 billion, down 225.96% from the prior year.
- Enterprise Value was -$930.6 million for Q1 2026 at Enphase Energy, up from -$1.5 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$288.7 million in Q4 2023 to a low of -$1.8 billion in Q2 2023.
- Historically, Enterprise Value has averaged -$1.2 billion across 5 years, with a median of -$1.4 billion in 2022.
- The sharpest annual moves came in 2023 and 2025: Enterprise Value surged 82.1% in 2023, then sank 225.96% in 2025.
- A 5-year view of Enterprise Value shows it stood at -$1.6 billion in 2022, then soared by 82.1% to -$288.7 million in 2023, then tumbled by 60.73% to -$464.1 million in 2024, then tumbled by 225.96% to -$1.5 billion in 2025, then surged by 38.48% to -$930.6 million in 2026.
- The last three Enterprise Value figures came in at -$930.6 million (Q1 2026), -$1.5 billion (Q4 2025), and -$401.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | -2.43 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | -1.09 Bn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -930.64 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -553.37 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 476.02 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -1.88 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -200.70 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 1.61 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -11.57 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | -6.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -930.64 Mn |
| Dec 31, 2025 | -1.51 Bn |
| Sep 30, 2025 | -401.88 Mn |
| Jun 30, 2025 | -370.54 Mn |
| Mar 31, 2025 | -415.09 Mn |
| 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 |