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

Enphase Energy (ENPH) recorded quarterly Inventory Average of $289.4 million in Q1 2026, up 21.41% quarter-over-quarter from $238.3 million in Q4 2025, and up 87.28% on a YoY basis from $154.5 million in Q1 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.

  • In Q1 2026, Inventory Average rose 87.28% year-over-year to $289.4 million; the TTM figure through Mar 2026 stood at $289.4 million (up 87.28% YoY), while the FY2025 annual figure was $226.5 million, up 19.67% from the prior year.
  • Inventory Average was $289.4 million for Q1 2026 at Enphase Energy, up from $238.3 million in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $289.4 million in Q1 2026 to a low of $85.4 million in Q1 2022.
  • Historically, Inventory Average has averaged $171.3 million across 5 years, with a median of $161.9 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Inventory Average jumped 212.12% in 2022, then retreated 26.68% in 2025.
  • A 5-year view of Inventory Average shows it 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.
  • 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 28.68 Bn 26.25 Bn 486.13 Mn 815.31 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 268.78 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 289.37 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 574.73 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 495.84 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 124.44 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 159.17 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 2.30 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 28.05 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 1.52 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