Enphase Energy (ENPH) Net Cash Flow (2011 - 2026)
Enphase Energy (ENPH) recorded quarterly Net Cash Flow of $28.1 million in Q1 2026, down 61.49% quarter-over-quarter from $72.9 million in Q4 2025, and up 153.26% on a YoY basis from $11.1 million in Q1 2025.
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 $28.1 million for Q1 2026.
- In Q1 2026, Net Cash Flow rose 153.26% year-over-year to $28.1 million; the TTM figure through Mar 2026 stood at $82.5 million (down 49.37% YoY), while the FY2025 annual figure was $1.7 million, down 99.06% from the prior year.
- Net Cash Flow was $28.1 million for Q1 2026 at Enphase Energy, down from $72.9 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $243.9 million in Q2 2022 to a low of -$189.1 million in Q1 2023.
- Historically, Net Cash Flow has averaged $22.4 million across 5 years, with a median of $1.6 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Net Cash Flow soared 6245.09% in 2024, then plunged 4331.21% in 2025.
- A 5-year view of Net Cash Flow shows it stood at $132.6 million in 2022, then tumbled by 102.64% to -$3.5 million in 2023, then jumped by 6245.09% to $215.2 million in 2024, then sank by 66.14% to $72.9 million in 2025, then slumped by 61.49% to $28.1 million in 2026.
- The last three Net Cash Flow figures came in at $28.1 million (Q1 2026), $72.9 million (Q4 2025), and $33.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | -435.62 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 142.35 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 28.07 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 5.98 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -147.72 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -5.44 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -44.54 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 3.90 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | -3.50 Mn |
| Dec 31, 2023 | -3.50 Mn |