Growth Metrics

Enphase Energy (ENPH) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Enphase Energy (ENPH) over the last 15 years, with Q4 2025 value amounting to $129.6 million.

  • Enphase Energy's Operating Expenses fell 968.44% to $129.6 million in Q4 2025 from the same period last year, while for Dec 2025 it was $529.5 million, marking a year-over-year decrease of 405.33%. This contributed to the annual value of $529.5 million for FY2025, which is 405.33% down from last year.
  • As of Q4 2025, Enphase Energy's Operating Expenses stood at $129.6 million, which was down 968.44% from $130.1 million recorded in Q3 2025.
  • In the past 5 years, Enphase Energy's Operating Expenses registered a high of $158.7 million during Q1 2023, and its lowest value of $61.6 million during Q1 2021.
  • For the 5-year period, Enphase Energy's Operating Expenses averaged around $127.9 million, with its median value being $133.0 million (2022).
  • Per our database at Business Quant, Enphase Energy's Operating Expenses skyrocketed by 14663.51% in 2021 and then plummeted by 1153.76% in 2024.
  • Quarter analysis of 5 years shows Enphase Energy's Operating Expenses stood at $105.6 million in 2021, then soared by 45.56% to $153.7 million in 2022, then grew by 2.05% to $156.9 million in 2023, then fell by 8.54% to $143.5 million in 2024, then fell by 9.68% to $129.6 million in 2025.
  • Its last three reported values are $129.6 million in Q4 2025, $130.1 million for Q3 2025, and $133.5 million during Q2 2025.