Growth Metrics

Enphase Energy (ENPH) Non-Current Debt (2011 - 2026)

Enphase Energy's 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 little changed quarter-over-quarter from $572.2 million in Q4 2025.

Enphase Energy has reported Non-Current Debt for 15 years, with the latest figure at $572.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Debt changed 0.23% year-over-year to $572.5 million; the trailing twelve-month figure through Mar 2026 stood at $572.5 million (changed 0.23% YoY), and the FY2025 full-year result was $572.2 million, down 52.36% from the prior year.
  • Non-Current Debt for Q1 2026 stood at $572.5 million, roughly flat from $572.2 million in the prior quarter.
  • The five-year high for Non-Current Debt was $1.3 billion in Q4 2023, with the low at $571.2 million in Q1 2025.
  • Average Non-Current Debt over 5 years is $1.0 billion, with a median of $1.2 billion recorded in 2024.
  • Year-over-year, Non-Current Debt surged 30.4% in 2022 and slumped 52.36% in 2025.
  • Tracing ENPH's Non-Current Debt over 5 years: stood at $1.2 billion in 2022, then rose by 7.86% to $1.3 billion in 2023, then declined by 7.16% to $1.2 billion in 2024, then tumbled by 52.36% to $572.2 million in 2025, then rose 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 26.65 Bn 24.22 Bn 486.13 Mn 237.18 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 2.96 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 572.51 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 152.20 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 181.75 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 656.96 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 2.76 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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DateValue
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
Sep 30, 2023 1.20 Bn
Sep 30, 2023 1.20 Bn
Jun 30, 2023 1.20 Bn
Jun 30, 2023 1.20 Bn
Mar 31, 2023 1.20 Bn
Mar 31, 2023 1.20 Bn
Dec 31, 2022 1.20 Bn
Dec 31, 2022 1.20 Bn
Sep 30, 2022 1.20 Bn
Sep 30, 2022 1.20 Bn
Jun 30, 2022 1.20 Bn
Jun 30, 2022 1.20 Bn
Mar 31, 2022 1.20 Bn
Mar 31, 2022 1.20 Bn
Dec 31, 2021 951.59 Mn
Dec 31, 2021 951.59 Mn
Sep 30, 2021 940.24 Mn
Sep 30, 2021 940.24 Mn
Jun 30, 2021 929.02 Mn
Jun 30, 2021 929.02 Mn
Mar 31, 2021 917.87 Mn
Mar 31, 2021 917.87 Mn
Dec 31, 2020 4.90 Mn
Dec 31, 2020 4.90 Mn
Sep 30, 2020 256.45 Mn
Sep 30, 2020 256.45 Mn
Jun 30, 2020 253.17 Mn
Jun 30, 2020 253.17 Mn
Mar 31, 2020 295.22 Mn
Mar 31, 2020 295.22 Mn
Dec 31, 2019 102.66 Mn
Dec 31, 2019 102.66 Mn
Jun 30, 2019 99.89 Mn
Jun 30, 2019 99.89 Mn
Mar 31, 2019 65.41 Mn
Mar 31, 2019 65.41 Mn
Dec 31, 2018 81.63 Mn
Dec 31, 2018 81.63 Mn
Sep 30, 2018 87.91 Mn
Sep 30, 2018 87.91 Mn
Jun 30, 2018 33.56 Mn
Jun 30, 2018 33.56 Mn
Mar 31, 2018 36.46 Mn
Mar 31, 2018 36.46 Mn
Dec 31, 2017 32.32 Mn
Dec 31, 2017 32.32 Mn
Sep 30, 2017 37.06 Mn
Sep 30, 2017 37.06 Mn
Jun 30, 2017 41.39 Mn
Jun 30, 2017 41.39 Mn
Mar 31, 2017 45.38 Mn
Mar 31, 2017 45.38 Mn
Dec 31, 2016 20.77 Mn
Dec 31, 2016 20.77 Mn
Sep 30, 2016 22.81 Mn
Sep 30, 2016 22.81 Mn
Sep 30, 2014 2.97 Mn
Sep 30, 2014 2.97 Mn
Jun 30, 2014 3.73 Mn
Jun 30, 2014 3.73 Mn
Mar 31, 2014 4.46 Mn
Mar 31, 2014 4.46 Mn
Dec 31, 2013 5.17 Mn
Dec 31, 2013 5.17 Mn
Sep 30, 2013 5.86 Mn
Sep 30, 2013 5.86 Mn
Jun 30, 2013 6.53 Mn
Jun 30, 2013 6.53 Mn
Mar 31, 2013 8.05 Mn
Mar 31, 2013 8.05 Mn
Dec 31, 2012 8.68 Mn
Dec 31, 2012 8.68 Mn
Mar 31, 2012 8.62 Mn
Mar 31, 2012 8.62 Mn
Dec 31, 2011 10.15 Mn
Dec 31, 2011 10.15 Mn