Growth Metrics

Enphase Energy (ENPH) FCF Margin (2016 - 2025)

Enphase Energy has reported FCF Margin over the past 15 years, most recently at 3.46% for Q4 2025.

  • Quarterly results put FCF Margin at 3.46% for Q4 2025, down 3296.0% from a year ago — trailing twelve months through Dec 2025 was 6.51% (down 2958.0% YoY), and the annual figure for FY2025 was 6.51%, down 2958.0%.
  • FCF Margin for Q4 2025 was 3.46% at Enphase Energy, down from 7.76% in the prior quarter.
  • Over the last five years, FCF Margin for ENPH hit a ceiling of 44.48% in Q3 2024 and a floor of 3.46% in Q4 2025.
  • Median FCF Margin over the past 5 years was 25.46% (2021), compared with a mean of 24.27%.
  • Biggest five-year swings in FCF Margin: soared 2271bps in 2024 and later crashed -3759bps in 2025.
  • Enphase Energy's FCF Margin stood at 20.34% in 2021, then surged by 81bps to 36.75% in 2022, then plummeted by -63bps to 13.71% in 2023, then skyrocketed by 166bps to 36.43% in 2024, then crashed by -90bps to 3.46% in 2025.
  • The last three reported values for FCF Margin were 3.46% (Q4 2025), 7.76% (Q3 2025), and 5.06% (Q2 2025) per Business Quant data.