Enphase Energy ENPH
NASDAQ ENPH
$36.86 +0.14 (+0.38%)
As of: Sep 10, 2026 · 3:59 PM EDT

Enphase Energy (ENPH) Net Cash Flow (2011 - 2026)

Enphase Energy (ENPH) posted Net Cash Flow of $32.4 million for Q2 2026, up 15.5% on a QoQ basis from $28.1 million in Q1 2026, and up 162.21% year-over-year from $12.4 million in Q2 2025.

Analysis

Enphase Energy (ENPH) Net Cash Flow (2011 - 2026) Analysis & Trends

Enphase Energy has reported Net Cash Flow for 16 years, with the latest figure at $32.4 million in Q2 2026.

  • On a quarterly basis, Net Cash Flow rose 162.21% year-over-year to $32.4 million in Q2 2026; TTM through Jun 2026 was $167.0 million, a 49.15% increase from a year earlier, with the FY2025 full-year figure at $1.7 million, down 99.06% from the prior year.
  • Net Cash Flow was $32.4 million for Q2 2026 at Enphase Energy, 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.
  • Average Net Cash Flow over 5 years is $23.0 million, with a median of $7.4 million recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: Net Cash Flow jumped 6245.09% in 2024, then tumbled 4331.21% in 2025.
  • Over 5 years, Net Cash Flow stood at $132.6 million in 2022, then slumped by 102.64% to -$3.5 million in 2023, then surged 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.
  • The last three Net Cash Flow figures came in at $32.4 million (Q2 2026), $28.1 million (Q1 2026), and $72.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn -679.69 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 118.92 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 32.42 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn 22.12 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 32.89 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 13.85 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn 12.39 Mn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 104.13 Mn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn -
10 Toyo 131.54 Mn 21.49 Mn 36.97 Mn 51.81 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 32.42 Mn
Mar 31, 2026 28.07 Mn
Dec 31, 2025 72.88 Mn
Sep 30, 2025 33.64 Mn
Jun 30, 2025 -52.11 Mn
Mar 31, 2025 -52.70 Mn
Dec 31, 2024 215.20 Mn
Sep 30, 2024 1.59 Mn
Jun 30, 2024 -1.18 Mn
Mar 31, 2024 -33.92 Mn
Dec 31, 2023 -3.50 Mn
Sep 30, 2023 13.30 Mn
Jun 30, 2023 -7.04 Mn
Mar 31, 2023 -189.10 Mn
Dec 31, 2022 132.57 Mn
Sep 30, 2022 -153.89 Mn
Jun 30, 2022 243.86 Mn
Mar 31, 2022 133.24 Mn
Dec 31, 2021 -765.58 Mn
Sep 30, 2021 -426.34 Mn