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| Date | Value |
|---|---|
| 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 |