Enphase Energy (ENPH) Inventory Average (2012 - 2026)

Enphase Energy's (ENPH) quarterly Inventory Average came in at $289.4 million in Q1 2026, up 87.28% year-on-year from $154.5 million in Q1 2025, and up 21.41% quarter-over-quarter from $238.3 million in Q4 2025.

Enphase Energy (ENPH) Inventory Average (2012 - 2026) Analysis & Trends

Enphase Energy's Inventory Average history runs 15 years deep, the most recent figure standing at $289.4 million for Q1 2026.

  • On a quarterly basis, Inventory Average rose 87.28% year-over-year to $289.4 million in Q1 2026; TTM through Mar 2026 was $289.4 million, a 87.28% increase from a year earlier, with the FY2025 full-year figure at $226.5 million, up 19.67% from the prior year.
  • Inventory Average improved to $289.4 million in Q1 2026 per ENPH's latest filing, from $238.3 million in the prior quarter.
  • Across five years, Inventory Average topped out at $289.4 million in Q1 2026 and bottomed at $85.4 million in Q1 2022.
  • The 5-year median for Inventory Average is $161.9 million (2024), against an average of $171.3 million.
  • Across the five-year window, Inventory Average soared 212.12% in 2022 and slipped 26.68% in 2025, its largest moves.
  • Year by year, Inventory Average stood at $148.1 million in 2022, then jumped by 30.91% to $193.9 million in 2023, then declined by 16.47% to $161.9 million in 2024, then soared by 47.2% to $238.3 million in 2025, then advanced by 21.41% to $289.4 million in 2026.
  • Per Business Quant, the three latest ENPH Inventory Average figures stand at $289.4 million (Q1 2026), $238.3 million (Q4 2025), and $180.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 815.31 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 268.78 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 289.37 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 2.30 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 574.73 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 495.84 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 124.44 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 622.77 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 159.17 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 97.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 289.37 Mn
Dec 31, 2025 238.35 Mn
Sep 30, 2025 180.83 Mn
Jun 30, 2025 158.52 Mn
Mar 31, 2025 154.51 Mn
Dec 31, 2024 161.92 Mn
Sep 30, 2024 167.45 Mn
Jun 30, 2024 191.98 Mn
Mar 31, 2024 210.74 Mn
Dec 31, 2023 193.85 Mn
Sep 30, 2023 170.11 Mn
Jun 30, 2023 158.34 Mn
Mar 31, 2023 150.14 Mn
Dec 31, 2022 148.08 Mn
Sep 30, 2022 138.36 Mn
Jun 30, 2022 113.35 Mn
Mar 31, 2022 85.42 Mn
Dec 31, 2021 69.90 Mn
Sep 30, 2021 51.58 Mn
Jun 30, 2021 36.32 Mn