Enphase Energy (ENPH) Inventory Average (2012 - 2026)
Enphase Energy (ENPH) posted quarterly Inventory Average of $287.9 million for Q2 2026, up 81.59% year-over-year from $158.5 million in Q2 2025, and down 0.52% quarter-over-quarter from $289.4 million in Q1 2026.
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 $287.9 million for Q2 2026.
- In Q2 2026, Inventory Average rose 81.59% year-over-year to $287.9 million; the TTM figure through Jun 2026 stood at $287.9 million (up 81.59% YoY), while the FY2025 annual figure was $226.5 million, up 19.67% from the prior year.
- Inventory Average for Q2 2026 stood at $287.9 million, 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.
- The 5-year median for Inventory Average is $164.7 million (2024), against an average of $177.7 million.
- The sharpest annual moves came in 2022 and 2025: Inventory Average soared 212.12% in 2022, then fell 26.68% in 2025.
- Enphase Energy's Inventory Average stood at $148.1 million in 2022, then soared by 30.91% to $193.9 million in 2023, then dropped by 16.47% to $161.9 million in 2024, then surged by 47.2% to $238.3 million in 2025, then climbed by 20.77% to $287.9 million in 2026.
- Business Quant data shows ENPH's Inventory Average at $287.9 million in Q2 2026, $289.4 million in Q1 2026, and $238.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 991.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 261.95 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 287.86 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 570.12 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 598.32 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 171.86 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 622.77 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 2.30 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 162.22 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 97.23 Mn |
Historic Data
Download 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 |