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

Enphase Energy (ENPH) recorded quarterly Liabilities and Shareholders Equity of $2.7 billion in Q1 2026, down 22.39% quarter-over-quarter from $3.5 billion in Q4 2025, and down 12.3% on a YoY basis from $3.1 billion in Q1 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.

  • In Q1 2026, Liabilities and Shareholders Equity fell 12.3% year-over-year to $2.7 billion; the TTM figure through Mar 2026 stood at $12.7 billion (changed 0.42% YoY), while the FY2025 annual figure was $3.5 billion, up 8.0% from the prior year.
  • Liabilities and Shareholders Equity was $2.7 billion for Q1 2026 at Enphase Energy, down from $3.5 billion in the prior quarter.
  • In the past five years, Liabilities and Shareholders Equity ranged from a high of $3.6 billion in Q3 2023 to a low of $2.3 billion in Q1 2022.
  • Historically, Liabilities and Shareholders Equity has averaged $3.1 billion across 5 years, with a median of $3.2 billion in 2024.
  • The sharpest annual moves came in 2023 and 2026: Liabilities and Shareholders Equity surged 49.38% in 2023, then dropped 12.3% in 2026.
  • A 5-year view of Liabilities and Shareholders Equity shows it 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.
  • The last three Liabilities and Shareholders Equity figures came in at $2.7 billion (Q1 2026), $3.5 billion (Q4 2025), and $3.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Liabilities and Shareholders Equity (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 13.35 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 4.07 Bn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 2.72 Bn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 2.26 Bn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 22.77 Bn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 1.03 Bn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 1.48 Bn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 18.12 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 74.85 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 45.49 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