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
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