Enphase Energy (ENPH) Exchange Rate Effect (2012 - 2026)

Enphase Energy's (ENPH) quarterly Exchange Rate Effect came in at -$4.8 million in Q1 2026, down 231.7% year-on-year from $3.7 million in Q1 2025, and down 1005.02% quarter-over-quarter from -$438000.0 in Q4 2025.

Enphase Energy (ENPH) Exchange Rate Effect (2012 - 2026) Analysis & Trends

Enphase Energy's Exchange Rate Effect history runs 15 years deep, the most recent figure standing at -$4.8 million for Q1 2026.

  • On a quarterly basis, Exchange Rate Effect fell 231.7% year-over-year to -$4.8 million in Q1 2026; TTM through Mar 2026 was -$21000.0, a 98.57% increase from a year earlier, with the FY2025 full-year figure at $8.5 million, up 234.33% from the prior year.
  • Exchange Rate Effect slipped to -$4.8 million in Q1 2026 per ENPH's latest filing, from -$438000.0 in the prior quarter.
  • Across five years, Exchange Rate Effect topped out at $7.6 million in Q2 2025 and bottomed at -$7.4 million in Q4 2024.
  • The 5-year median for Exchange Rate Effect is -$374000.0 (2024), against an average of -$157235.3.
  • Across the five-year window, Exchange Rate Effect tumbled 964.63% in 2022 and surged 2120.59% in 2025, its largest moves.
  • Year by year, Exchange Rate Effect stood at $3.1 million in 2022, then declined by 29.57% to $2.2 million in 2023, then tumbled by 440.69% to -$7.4 million in 2024, then jumped by 94.09% to -$438000.0 in 2025, then slumped by 1005.02% to -$4.8 million in 2026.
  • Per Business Quant, the three latest ENPH Exchange Rate Effect figures stand at -$4.8 million (Q1 2026), -$438000.0 (Q4 2025), and -$2.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -2.05 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -4.84 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -1.15 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 102.27 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 553,000.00
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 325,716.00

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.84 Mn
Mar 31, 2026 -4.84 Mn
Dec 31, 2025 -438,000.00
Dec 31, 2025 -438,000.00
Sep 30, 2025 -2.30 Mn
Sep 30, 2025 -2.30 Mn
Jun 30, 2025 7.56 Mn
Jun 30, 2025 7.56 Mn
Mar 31, 2025 3.68 Mn
Mar 31, 2025 3.68 Mn
Dec 31, 2024 -7.41 Mn
Dec 31, 2024 -7.41 Mn
Sep 30, 2024 2.64 Mn
Sep 30, 2024 2.64 Mn
Jun 30, 2024 -374,000.00
Jun 30, 2024 -374,000.00
Mar 31, 2024 -1.18 Mn
Mar 31, 2024 -1.18 Mn
Dec 31, 2023 2.18 Mn
Dec 31, 2023 2.18 Mn