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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |