Enphase Energy (ENPH) Intangibles (2013 - 2026)
Enphase Energy (ENPH) reported Intangibles of $13.08 million for Q2 2026, down 59.6% from $32.38 million a year earlier and down 25.5% from the prior quarter.
Enphase Energy (ENPH) Intangibles (2013 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy posted Intangibles of $22.29 million, down 47.4% from FY2024.
- Intangibles has declined for three consecutive years, with a five-year compound annual growth rate of -5.0% (FY2020 to FY2025).
- By year, Intangibles came in at $42.4 million in FY2024 (-38.1%), $68.54 million in FY2023 (-31.1%), $99.54 million in FY2022 (+1.8%) and $97.76 million in FY2021 (+239.3%).
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q2 2018.
- Year over year, Intangibles has now declined in each of the last 14 quarters, with an average decline of 45.4% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q4 2021 (growth of 239.3%); the low point was Q2 2026 (a decline of 59.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $17.56 million (Q1 2026), $22.29 million (Q4 2025) and $27.33 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 4.51 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | - |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 63.37 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 311.77 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 221.11 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 80.64 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 334.24 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 13.08 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 545.50 Mn |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 | 16.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.08 Mn |
| Mar 31, 2026 | 17.56 Mn |
| Dec 31, 2025 | 22.29 Mn |
| Sep 30, 2025 | 27.33 Mn |
| Jun 30, 2025 | 32.38 Mn |
| Mar 31, 2025 | 37.41 Mn |
| Dec 31, 2024 | 42.40 Mn |
| Sep 30, 2024 | 51.15 Mn |
| Jun 30, 2024 | 56.72 Mn |
| Mar 31, 2024 | 62.63 Mn |
| Dec 31, 2023 | 68.54 Mn |
| Sep 30, 2023 | 79.15 Mn |
| Jun 30, 2023 | 85.96 Mn |
| Mar 31, 2023 | 92.76 Mn |
| Dec 31, 2022 | 99.54 Mn |
| Sep 30, 2022 | 90.92 Mn |
| Jun 30, 2022 | 96.89 Mn |
| Mar 31, 2022 | 103.17 Mn |
| Dec 31, 2021 | 97.76 Mn |
| Sep 30, 2021 | 43.15 Mn |
Enphase Energy Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=ENPH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();