Enphase Energy (ENPH) Inventory Average (2012 - 2026)
Enphase Energy's 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 has reported Inventory Average for 15 years, with the latest figure at $289.4 million in Q1 2026.
- For the quarter ending Q1 2026, Inventory Average rose 87.28% year-over-year to $289.4 million; the trailing twelve-month figure through Mar 2026 stood at $289.4 million (up 87.28% YoY), and the FY2025 full-year result was $226.5 million, up 19.67% from the prior year.
- Inventory Average for Q1 2026 stood at $289.4 million, up from $238.3 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 $171.3 million, with a median of $161.9 million recorded in 2024.
- Year-over-year, Inventory Average soared 212.12% in 2022 and slipped 26.68% in 2025.
- Tracing ENPH's Inventory Average over 5 years: 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 climbed by 21.41% to $289.4 million in 2026.
- The last three Inventory Average figures came in at $289.4 million (Q1 2026), $238.3 million (Q4 2025), and $180.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 815.31 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 268.78 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 622.77 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 289.37 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 574.73 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 495.84 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 124.44 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 159.17 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 2.30 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 28.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 38.32 Mn |
| Dec 31, 2020 | 39.65 Mn |
| Sep 30, 2020 | 34.36 Mn |
| Jun 30, 2020 | 32.90 Mn |
| Mar 31, 2020 | 33.34 Mn |
| Jun 30, 2019 | 16.53 Mn |
| Mar 31, 2019 | 14.62 Mn |
| Dec 31, 2018 | 17.08 Mn |
| Sep 30, 2018 | 17.68 Mn |
| Jun 30, 2018 | 18.01 Mn |
| Mar 31, 2018 | 22.27 Mn |
| Dec 31, 2017 | 25.66 Mn |
| Sep 30, 2017 | 23.08 Mn |
| Jun 30, 2017 | 27.32 Mn |
| Mar 31, 2017 | 32.88 Mn |
| Dec 31, 2016 | 35.53 Mn |
| Sep 30, 2016 | 39.20 Mn |
| Jun 30, 2016 | 42.44 Mn |
| Mar 31, 2016 | 43.19 Mn |
| Dec 31, 2015 | 38.76 Mn |
| Sep 30, 2015 | 35.39 Mn |
| Jun 30, 2015 | 34.40 Mn |
| Mar 31, 2015 | 28.17 Mn |
| Dec 31, 2014 | 18.54 Mn |
| Sep 30, 2014 | 15.61 Mn |
| Jun 30, 2014 | 14.92 Mn |
| Mar 31, 2014 | 15.35 Mn |
| Dec 31, 2013 | 20.49 Mn |
| Sep 30, 2013 | 21.15 Mn |
| Jun 30, 2013 | 20.11 Mn |
| Mar 31, 2013 | 21.08 Mn |
| Mar 31, 2012 | 18.44 Mn |