Enphase Energy (ENPH) Inventory Average (2012 - 2026)
Enphase Energy (ENPH) posted Inventory Average of $287.9 million for Q2 2026, down 0.52% on a QoQ basis from $289.4 million in Q1 2026, and up 81.59% year-over-year from $158.5 million in Q2 2025.
Analysis
Enphase Energy (ENPH) Inventory Average (2012 - 2026) Analysis & Trends
Enphase Energy has reported Inventory Average for 15 years, with the latest figure at $287.9 million in Q2 2026.
- On a quarterly basis, Inventory Average rose 81.59% year-over-year to $287.9 million in Q2 2026; TTM through Jun 2026 was $287.9 million, a 81.59% increase from a year earlier, with the FY2025 full-year figure at $226.5 million, up 19.67% from the prior year.
- Inventory Average was $287.9 million for Q2 2026 at Enphase Energy, down from $289.4 million in the prior quarter.
- The five-year high for Inventory Average was $289.4 million in Q1 2026, with the low at $85.4 million in Q1 2022.
- Average Inventory Average over 5 years is $177.7 million, with a median of $164.7 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Inventory Average surged 212.12% in 2022, then decreased 26.68% in 2025.
- Over 5 years, Inventory Average stood at $148.1 million in 2022, then surged by 30.91% to $193.9 million in 2023, then fell by 16.47% to $161.9 million in 2024, then jumped by 47.2% to $238.3 million in 2025, then increased by 20.77% to $287.9 million in 2026.
- The last three Inventory Average figures came in at $287.9 million (Q2 2026), $289.4 million (Q1 2026), and $238.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 991.00 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 261.95 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 287.86 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 598.32 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 178.86 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 171.86 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 1.59 Bn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 162.22 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 2.50 Bn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 123.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 287.86 Mn |
| 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 |