Enphase Energy (ENPH) Interest Expenses (2011 - 2026)

Enphase Energy's (ENPH) quarterly Interest Expenses came in at $28.4 million in Q1 2026, down 14.67% year-on-year from $33.3 million in Q1 2025, and down 2.16% quarter-over-quarter from $29.0 million in Q4 2025.

Enphase Energy (ENPH) Interest Expenses (2011 - 2026) Analysis & Trends

Enphase Energy's Interest Expenses history runs 16 years deep, the most recent figure standing at $28.4 million for Q1 2026.

  • On a quarterly basis, Interest Expenses fell 14.67% year-over-year to $28.4 million in Q1 2026; TTM through Mar 2026 was $28.4 million, a 14.67% decrease from a year earlier, with the FY2025 full-year figure at $29.0 million, down 16.21% from the prior year.
  • Interest Expenses retreated to $28.4 million in Q1 2026 per ENPH's latest filing, from $29.0 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $45.3 million in Q4 2023 and bottomed at $5.3 million in Q4 2022.
  • The 5-year median for Interest Expenses is $32.4 million (2022), against an average of $31.0 million.
  • Across the five-year window, Interest Expenses tumbled 58.0% in 2022 and surged 749.81% in 2023, its largest moves.
  • Year by year, Interest Expenses stood at $5.3 million in 2022, then jumped by 749.81% to $45.3 million in 2023, then slumped by 53.88% to $20.9 million in 2024, then jumped by 39.0% to $29.0 million in 2025, then declined by 2.16% to $28.4 million in 2026.
  • Per Business Quant, the three latest ENPH Interest Expenses figures stand at $28.4 million (Q1 2026), $29.0 million (Q4 2025), and $37.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 56.27 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 26.55 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 28.41 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 83.69 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 210.73 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 2.90 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -48.46 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 28.38 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -785,260.00

Historic Data

Download Data
DateValue
Mar 31, 2026 28.41 Mn
Mar 31, 2026 28.41 Mn
Dec 31, 2025 29.04 Mn
Dec 31, 2025 29.04 Mn
Sep 30, 2025 37.11 Mn
Sep 30, 2025 37.11 Mn
Jun 30, 2025 33.14 Mn
Jun 30, 2025 33.14 Mn
Mar 31, 2025 33.30 Mn
Mar 31, 2025 33.30 Mn
Dec 31, 2024 20.89 Mn
Dec 31, 2024 20.89 Mn
Sep 30, 2024 35.76 Mn
Sep 30, 2024 35.76 Mn
Jun 30, 2024 30.26 Mn
Jun 30, 2024 30.26 Mn
Mar 31, 2024 30.87 Mn
Mar 31, 2024 30.87 Mn
Dec 31, 2023 45.30 Mn
Dec 31, 2023 45.30 Mn