Enphase Energy (ENPH) Non-Current Debt (2011 - 2026)
Enphase Energy's Non-Current Debt came in at $572.84 million for Q2 2026, up 0.2% from $571.54 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Non-Current Debt (2011 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy's Non-Current Debt was $572.19 million, down 52.4% from FY2024.
- Non-Current Debt carries a five-year compound annual growth rate of 159.1% (FY2020 to FY2025).
- Going back by year, Non-Current Debt was $1.2 billion in FY2024 (-7.2%), $1.29 billion in FY2023 (+7.9%), $1.2 billion in FY2022 (+26.0%) and $951.59 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Non-Current Debt since Q4 2024.
- Year-over-year, Non-Current Debt increased in three of the last eight quarters, with an average decline of 27.0%.
- The fastest year-over-year change in Non-Current Debt over five years came in Q3 2021 (growth of 266.6%), and the weakest in Q4 2025 (a decline of 52.4%).
- Business Quant data shows ENPH's Non-Current Debt at $572.51 million (Q1 2026), $572.19 million (Q4 2025) and $571.87 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 2.79 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 2.58 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | - |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 2.02 Bn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 1.25 Bn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 1.01 Bn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 572.84 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 443.70 Mn |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 572.84 Mn |
| Mar 31, 2026 | 572.51 Mn |
| Dec 31, 2025 | 572.19 Mn |
| Sep 30, 2025 | 571.87 Mn |
| 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 | 1.20 Bn |
| Mar 31, 2024 | 1.20 Bn |
| Dec 31, 2023 | 1.29 Bn |
| Sep 30, 2023 | 1.20 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 | 1.20 Bn |
| Mar 31, 2022 | 1.20 Bn |
| Dec 31, 2021 | 951.59 Mn |
| Sep 30, 2021 | 940.24 Mn |
API Access
Enphase Energy Non-Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();