Enphase Energy (ENPH) Net Cash Flow (2011 - 2026)
Enphase Energy (ENPH) posted quarterly Net Cash Flow of $32.4 million for Q2 2026, up 162.21% year-over-year from $12.4 million in Q2 2025, and up 15.5% quarter-over-quarter from $28.1 million in Q1 2026.
Enphase Energy (ENPH) Net Cash Flow (2011 - 2026) Analysis & Trends
Enphase Energy's Net Cash Flow history runs 16 years deep, the most recent figure standing at $32.4 million for Q2 2026.
- In Q2 2026, Net Cash Flow rose 162.21% year-over-year to $32.4 million; the TTM figure through Jun 2026 stood at $167.0 million (up 49.15% YoY), while the FY2025 annual figure was $1.7 million, down 99.06% from the prior year.
- Net Cash Flow for Q2 2026 stood at $32.4 million, up from $28.1 million in the prior quarter.
- The five-year high for Net Cash Flow was $243.9 million in Q2 2022, with the low at -$189.1 million in Q1 2023.
- The 5-year median for Net Cash Flow is $7.4 million (2023), against an average of $23.0 million.
- The sharpest annual moves came in 2024 and 2025: Net Cash Flow surged 6245.09% in 2024, then tumbled 4331.21% in 2025.
- Enphase Energy's Net Cash Flow stood at $132.6 million in 2022, then slumped by 102.64% to -$3.5 million in 2023, then soared by 6245.09% to $215.2 million in 2024, then plunged by 66.14% to $72.9 million in 2025, then tumbled by 55.52% to $32.4 million in 2026.
- Business Quant data shows ENPH's Net Cash Flow at $32.4 million in Q2 2026, $28.1 million in Q1 2026, and $72.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.17 Bn | 21.44 Bn | 605.00 Mn | -679.69 Mn |
| 2 | Nextpower | 12.99 Bn | 11.77 Bn | 335.85 Mn | 118.92 Mn |
| 3 | Enphase Energy | 5.09 Bn | 4.16 Bn | 175.01 Mn | 32.42 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 47.11 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 22.12 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.19 Bn | 49.53 Mn | 13.85 Mn |
| 7 | Canadian Solar | 980.39 Mn | -607.89 Mn | 124.40 Mn | -341.77 Mn |
| 8 | JinkoSolar Holding | 835.30 Mn | -2.47 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 728.56 Mn | 421.25 Mn | 99.60 Mn | 104.13 Mn |
| 10 | Toyo | 179.73 Mn | 103.09 Mn | 47.76 Mn | 13.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.42 Mn |
| Jun 30, 2026 | 32.42 Mn |
| Mar 31, 2026 | 28.07 Mn |
| Mar 31, 2026 | 28.07 Mn |
| Dec 31, 2025 | 72.88 Mn |
| Dec 31, 2025 | 72.88 Mn |
| Sep 30, 2025 | 33.64 Mn |
| Sep 30, 2025 | 33.64 Mn |
| Jun 30, 2025 | -52.11 Mn |
| Jun 30, 2025 | -52.11 Mn |
| Mar 31, 2025 | -52.70 Mn |
| Mar 31, 2025 | -52.70 Mn |
| Dec 31, 2024 | 215.20 Mn |
| Dec 31, 2024 | 215.20 Mn |
| Sep 30, 2024 | 1.59 Mn |
| Sep 30, 2024 | 1.59 Mn |
| Jun 30, 2024 | -1.18 Mn |
| Jun 30, 2024 | -1.18 Mn |
| Mar 31, 2024 | -33.92 Mn |
| Mar 31, 2024 | -33.92 Mn |