Enphase Energy (ENPH) Liabilities and Shareholders Equity (2011 - 2026)

Enphase Energy's (ENPH) quarterly Liabilities and Shareholders Equity came in at $2.7 billion in Q1 2026, down 12.3% year-on-year from $3.1 billion in Q1 2025, and down 22.39% quarter-over-quarter from $3.5 billion in Q4 2025.

Enphase Energy (ENPH) Liabilities and Shareholders Equity (2011 - 2026) Analysis & Trends

Enphase Energy's Liabilities and Shareholders Equity history runs 16 years deep, the most recent figure standing at $2.7 billion for Q1 2026.

  • On a quarterly basis, Liabilities and Shareholders Equity fell 12.3% year-over-year to $2.7 billion in Q1 2026; TTM through Mar 2026 was $12.7 billion, a 0.42% change from a year earlier, with the FY2025 full-year figure at $3.5 billion, up 8.0% from the prior year.
  • Liabilities and Shareholders Equity declined to $2.7 billion in Q1 2026 per ENPH's latest filing, from $3.5 billion in the prior quarter.
  • Across five years, Liabilities and Shareholders Equity topped out at $3.6 billion in Q3 2023 and bottomed at $2.3 billion in Q1 2022.
  • The 5-year median for Liabilities and Shareholders Equity is $3.2 billion (2024), against an average of $3.1 billion.
  • Across the five-year window, Liabilities and Shareholders Equity jumped 49.38% in 2023 and fell 12.3% in 2026, its largest moves.
  • Year by year, Liabilities and Shareholders Equity stood at $3.1 billion in 2022, then increased by 9.69% to $3.4 billion in 2023, then fell by 3.94% to $3.2 billion in 2024, then advanced by 8.0% to $3.5 billion in 2025, then declined by 22.39% to $2.7 billion in 2026.
  • Per Business Quant, the three latest ENPH Liabilities and Shareholders Equity figures stand at $2.7 billion (Q1 2026), $3.5 billion (Q4 2025), and $3.3 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Liabilities and Shareholders Equity (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 13.35 Bn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 4.07 Bn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 2.72 Bn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 18.12 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 2.26 Bn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 22.77 Bn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 1.03 Bn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 15.17 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 1.48 Bn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 478.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.72 Bn
Dec 31, 2025 3.51 Bn
Sep 30, 2025 3.32 Bn
Jun 30, 2025 3.18 Bn
Mar 31, 2025 3.11 Bn
Dec 31, 2024 3.25 Bn
Sep 30, 2024 3.26 Bn
Jun 30, 2024 3.17 Bn
Mar 31, 2024 3.23 Bn
Dec 31, 2023 3.38 Bn
Sep 30, 2023 3.55 Bn
Jun 30, 2023 3.47 Bn
Mar 31, 2023 3.38 Bn
Dec 31, 2022 3.08 Bn
Sep 30, 2022 2.70 Bn
Jun 30, 2022 2.44 Bn
Mar 31, 2022 2.26 Bn
Dec 31, 2021 2.08 Bn
Sep 30, 2021 2.23 Bn
Jun 30, 2021 2.10 Bn