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| 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 |