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
DateValue
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