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
DateValue
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