Enphase Energy (ENPH) Non-Current Debt (2011 - 2026)
Enphase Energy (ENPH) recorded quarterly Non-Current Debt of $572.5 million in Q1 2026, little changed quarter-over-quarter from $572.2 million in Q4 2025, and little changed on a YoY basis from $571.2 million in Q1 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.
- In Q1 2026, Non-Current Debt changed 0.23% year-over-year to $572.5 million; the TTM figure through Mar 2026 stood at $572.5 million (changed 0.23% YoY), while the FY2025 annual figure was $572.2 million, down 52.36% from the prior year.
- Non-Current Debt was $572.5 million for Q1 2026 at Enphase Energy, roughly flat from $572.2 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $1.3 billion in Q4 2023 to a low of $571.2 million in Q1 2025.
- Historically, Non-Current Debt has averaged $1.0 billion across 5 years, with a median of $1.2 billion in 2024.
- The sharpest annual moves came in 2022 and 2025: Non-Current Debt soared 30.4% in 2022, then slumped 52.36% in 2025.
- A 5-year view of Non-Current Debt shows it 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 plunged by 52.36% to $572.2 million in 2025, then increased by 0.06% to $572.5 million in 2026.
- The last three Non-Current Debt figures came in at $572.5 million (Q1 2026), $572.2 million (Q4 2025), and $571.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 237.18 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 572.51 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 152.20 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 181.75 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 656.96 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 2.76 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 43,725.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 572.51 Mn |
| Mar 31, 2026 | 572.51 Mn |
| Dec 31, 2025 | 572.19 Mn |
| Dec 31, 2025 | 572.19 Mn |
| Sep 30, 2025 | 571.87 Mn |
| Sep 30, 2025 | 571.87 Mn |
| Jun 30, 2025 | 571.54 Mn |
| Jun 30, 2025 | 571.54 Mn |
| Mar 31, 2025 | 571.21 Mn |
| Mar 31, 2025 | 571.21 Mn |
| Dec 31, 2024 | 1.20 Bn |
| Dec 31, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.20 Bn |
| Mar 31, 2024 | 1.20 Bn |
| Mar 31, 2024 | 1.20 Bn |
| Dec 31, 2023 | 1.29 Bn |
| Dec 31, 2023 | 1.29 Bn |