Enphase Energy ENPH
NASDAQ ENPH
$36.72 -2.11 (-5.43%)
At close: Sep 9, 2026 · 4:00 PM EDT

Enphase Energy (ENPH) Other Working Capital Changes (2017 - 2026)

Enphase Energy (ENPH) posted Other Working Capital Changes of $126.0 million for Q2 2026, up 181.1% on a QoQ basis from -$155.3 million in Q1 2026, and up 96.05% year-over-year from $64.3 million in Q2 2025.

Analysis

Enphase Energy (ENPH) Other Working Capital Changes (2017 - 2026) Analysis & Trends

Enphase Energy has reported Other Working Capital Changes for 16 years, with the latest figure at $126.0 million in Q2 2026.

  • On a quarterly basis, Other Working Capital Changes rose 96.05% year-over-year to $126.0 million in Q2 2026; TTM through Jun 2026 was $149.4 million, a 32.23% decrease from a year earlier, with the FY2025 full-year figure at $318.6 million, up 137.12% from the prior year.
  • Other Working Capital Changes was $126.0 million for Q2 2026 at Enphase Energy, up from -$155.3 million in the prior quarter.
  • The five-year high for Other Working Capital Changes was $112.3 million in Q2 2026, with the low at -$82.4 million in Q1 2025.
  • Average Other Working Capital Changes over 5 years is $18.4 million, with a median of $14.7 million recorded in 2022.
  • The sharpest annual moves came in 2023 and 2026: Other Working Capital Changes soared 3024.52% in 2023, then sank 305.6% in 2026.
  • Over 5 years, Other Working Capital Changes stood at $47.6 million in 2022, then sank by 94.96% to $2.4 million in 2023, then jumped by 586.67% to $16.5 million in 2024, then jumped by 509.05% to $100.4 million in 2025, then climbed by 25.46% to $126.0 million in 2026.
  • The last three Other Working Capital Changes figures came in at $126.0 million (Q2 2026), -$155.3 million (Q1 2026), and $100.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 21.97 Bn 20.25 Bn 605.00 Mn
2 Nextpower 12.81 Bn 11.60 Bn 335.85 Mn
3 Enphase Energy 4.81 Bn 3.87 Bn 175.01 Mn
4 Solaredge Technologies 2.10 Bn 1.52 Bn 95.15 Mn
5 T1 Energy 1.29 Bn 1.14 Bn 49.10 Mn
6 Shoals Technologies 1.20 Bn 1.18 Bn 49.53 Mn
7 Canadian Solar 896.45 Mn 597.20 Mn 168.48 Mn
8 Array Technologies 708.44 Mn 401.13 Mn 99.60 Mn
9 JinkoSolar Holding 627.24 Mn -480.04 Mn 75.62 Mn
10 Toyo 133.94 Mn 23.90 Mn 36.97 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 112.25 Mn
Jun 30, 2026 112.25 Mn
Mar 31, 2026 -45.08 Mn
Mar 31, 2026 -45.08 Mn
Dec 31, 2025 61.13 Mn
Dec 31, 2025 61.13 Mn
Sep 30, 2025 -3.39 Mn
Sep 30, 2025 -3.39 Mn
Jun 30, 2025 -50.81 Mn
Jun 30, 2025 -50.81 Mn
Mar 31, 2025 -82.36 Mn
Mar 31, 2025 -82.36 Mn
Dec 31, 2024 104.11 Mn
Dec 31, 2024 104.11 Mn
Sep 30, 2024 1.69 Mn
Sep 30, 2024 1.69 Mn
Jun 30, 2024 -1.40 Mn
Jun 30, 2024 -1.40 Mn
Mar 31, 2024 -5.55 Mn
Mar 31, 2024 -5.55 Mn