Enphase Energy (ENPH) Non-Current Debt (2011 - 2026)
Enphase Energy's (ENPH) quarterly Non-Current Debt came in at $572.5 million in Q1 2026, little changed year-on-year from $571.2 million in Q1 2025, and down 52.46% quarter-over-quarter from $1.2 billion in Q4 2025.
Enphase Energy (ENPH) Non-Current Debt (2011 - 2026) Analysis & Trends
Enphase Energy's Non-Current Debt history runs 15 years deep, the most recent figure standing at $572.5 million for Q1 2026.
- On a quarterly basis, Non-Current Debt changed 0.23% year-over-year to $572.5 million in Q1 2026; TTM through Mar 2026 was $572.5 million, a 0.23% change from a year earlier, with the FY2025 full-year figure at $1.2 billion, changed 0.27% from the prior year.
- Non-Current Debt retreated to $572.5 million in Q1 2026 per ENPH's latest filing, from $1.2 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $1.3 billion in Q2 2024 and bottomed at $571.2 million in Q1 2025.
- The 5-year median for Non-Current Debt is $1.2 billion (2023), against an average of $1.1 billion.
- Across the five-year window, Non-Current Debt advanced 28.13% in 2022 and tumbled 55.97% in 2025, its largest moves.
- Year by year, Non-Current Debt stood at $1.2 billion in 2022, then increased by 7.86% to $1.3 billion in 2023, then dropped by 7.16% to $1.2 billion in 2024, then increased by 0.27% to $1.2 billion in 2025, then plunged by 52.46% to $572.5 million in 2026.
- Per Business Quant, the three latest ENPH Non-Current Debt figures stand at $572.5 million (Q1 2026), $1.2 billion (Q4 2025), and $1.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 237.18 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 572.51 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 2.76 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 152.20 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 181.75 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 6.01 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 656.96 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 572.51 Mn |
| Dec 31, 2025 | 1.20 Bn |
| Sep 30, 2025 | 1.20 Bn |
| Jun 30, 2025 | 571.54 Mn |
| Mar 31, 2025 | 571.21 Mn |
| Dec 31, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.30 Bn |
| Mar 31, 2024 | 1.30 Bn |
| Dec 31, 2023 | 1.29 Bn |
| Sep 30, 2023 | 1.29 Bn |
| Jun 30, 2023 | 1.20 Bn |
| Mar 31, 2023 | 1.20 Bn |
| Dec 31, 2022 | 1.20 Bn |
| Sep 30, 2022 | 1.20 Bn |
| Jun 30, 2022 | 1.29 Bn |
| Mar 31, 2022 | 1.28 Bn |
| Dec 31, 2021 | 951.59 Mn |
| Sep 30, 2021 | 940.24 Mn |
| Jun 30, 2021 | 1.01 Bn |