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
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