Growth Metrics

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

Enphase Energy's quarterly Net Cash Flow came in at $28.1 million in Q1 2026, up 153.26% year-on-year from $11.1 million in Q1 2025, and down 61.49% quarter-over-quarter from $72.9 million in Q4 2025.

Enphase Energy has reported Net Cash Flow for 16 years, with the latest figure at $28.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Cash Flow rose 153.26% year-over-year to $28.1 million; the trailing twelve-month figure through Mar 2026 stood at $82.5 million (down 49.37% YoY), and the FY2025 full-year result was $1.7 million, down 99.06% from the prior year.
  • Net Cash Flow for Q1 2026 stood at $28.1 million, down from $72.9 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 $22.4 million, with a median of $1.6 million recorded in 2024.
  • Year-over-year, Net Cash Flow surged 6245.09% in 2024 and plunged 4331.21% in 2025.
  • Tracing ENPH's Net Cash Flow over 5 years: 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 sank 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 26.65 Bn 24.22 Bn 486.13 Mn -435.62 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 142.35 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -341.77 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 28.07 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 5.98 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -147.72 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -5.44 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -44.54 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 3.90 Mn

Historic Data

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DateValue
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
Sep 30, 2023 13.30 Mn
Sep 30, 2023 13.30 Mn
Jun 30, 2023 -7.04 Mn
Jun 30, 2023 -7.04 Mn
Mar 31, 2023 -189.10 Mn
Mar 31, 2023 -189.10 Mn
Dec 31, 2022 132.57 Mn
Dec 31, 2022 132.57 Mn
Sep 30, 2022 -153.89 Mn
Sep 30, 2022 -153.89 Mn
Jun 30, 2022 243.86 Mn
Jun 30, 2022 243.86 Mn
Mar 31, 2022 133.24 Mn
Mar 31, 2022 133.24 Mn
Dec 31, 2021 -765.58 Mn
Dec 31, 2021 -765.58 Mn
Sep 30, 2021 -426.34 Mn
Sep 30, 2021 -426.34 Mn
Jun 30, 2021 -176.53 Mn
Jun 30, 2021 -176.53 Mn
Mar 31, 2021 810.33 Mn
Mar 31, 2021 810.33 Mn
Dec 31, 2020 16.68 Mn
Dec 31, 2020 16.68 Mn
Sep 30, 2020 54.43 Mn
Sep 30, 2020 54.43 Mn
Jun 30, 2020 13.39 Mn
Jun 30, 2020 13.39 Mn
Mar 31, 2020 297.94 Mn
Mar 31, 2020 297.94 Mn
Dec 31, 2019 92.89 Mn
Dec 31, 2019 92.89 Mn
Sep 30, 2019 -2.37 Mn
Sep 30, 2019 -2.37 Mn
Jun 30, 2019 127.63 Mn
Jun 30, 2019 127.63 Mn
Mar 31, 2019 -28.02 Mn
Mar 31, 2019 -28.02 Mn
Dec 31, 2018 -9.89 Mn
Dec 31, 2018 -9.89 Mn
Sep 30, 2018 57.77 Mn
Sep 30, 2018 57.77 Mn
Jun 30, 2018 5.66 Mn
Jun 30, 2018 5.66 Mn
Mar 31, 2018 24.05 Mn
Mar 31, 2018 24.05 Mn
Dec 31, 2017 132,000.00
Dec 31, 2017 132,000.00
Sep 30, 2017 -2.29 Mn
Sep 30, 2017 -2.29 Mn
Jun 30, 2017 286,000.00
Jun 30, 2017 286,000.00
Mar 31, 2017 12.61 Mn
Mar 31, 2017 12.61 Mn
Dec 31, 2016 -6.14 Mn
Dec 31, 2016 -6.14 Mn
Sep 30, 2016 15.85 Mn
Sep 30, 2016 15.85 Mn
Jun 30, 2016 -4.53 Mn
Jun 30, 2016 -4.53 Mn
Mar 31, 2016 -15.55 Mn
Mar 31, 2016 -15.55 Mn
Dec 31, 2015 6.07 Mn
Dec 31, 2015 6.07 Mn
Sep 30, 2015 -9.34 Mn
Sep 30, 2015 -9.34 Mn
Jun 30, 2015 4.65 Mn
Jun 30, 2015 4.65 Mn
Mar 31, 2015 -14.43 Mn
Mar 31, 2015 -14.43 Mn
Dec 31, 2014 -2.27 Mn
Dec 31, 2014 -2.27 Mn
Sep 30, 2014 7.29 Mn
Sep 30, 2014 7.29 Mn
Jun 30, 2014 -2.37 Mn
Jun 30, 2014 -2.37 Mn
Mar 31, 2014 1.70 Mn
Mar 31, 2014 1.70 Mn
Dec 31, 2013 6.33 Mn
Dec 31, 2013 6.33 Mn
Sep 30, 2013 -2.39 Mn
Sep 30, 2013 -2.39 Mn
Jun 30, 2013 -2.45 Mn
Jun 30, 2013 -2.45 Mn
Mar 31, 2013 -8.68 Mn
Mar 31, 2013 -8.68 Mn
Dec 31, 2012 3.52 Mn
Dec 31, 2012 3.52 Mn
Sep 30, 2012 -25.15 Mn
Sep 30, 2012 -25.15 Mn
Jun 30, 2012 35.08 Mn
Jun 30, 2012 35.08 Mn
Mar 31, 2012 -19.65 Mn
Mar 31, 2012 -19.65 Mn
Mar 31, 2011 -9.47 Mn
Mar 31, 2011 -9.47 Mn