Enphase Energy (ENPH) Payables (2011 - 2026)
Enphase Energy (ENPH) posted quarterly Payables of $124.6 million for Q2 2026, down 23.42% year-over-year from $162.7 million in Q2 2025, and up 9.81% quarter-over-quarter from $113.5 million in Q1 2026.
Enphase Energy (ENPH) Payables (2011 - 2026) Analysis & Trends
Enphase Energy's Payables history runs 16 years deep, the most recent figure standing at $124.6 million for Q2 2026.
- In Q2 2026, Payables fell 23.42% year-over-year to $124.6 million; the TTM figure through Jun 2026 stood at $124.6 million (down 23.42% YoY), while the FY2025 annual figure was $203.0 million, up 125.52% from the prior year.
- Payables for Q2 2026 stood at $124.6 million, up from $113.5 million in the prior quarter.
- The five-year high for Payables was $203.0 million in Q4 2025, with the low at $71.8 million in Q1 2024.
- The 5-year median for Payables is $109.3 million (2023), against an average of $114.8 million.
- The sharpest annual moves came in 2024 and 2025: Payables plunged 32.41% in 2024, then surged 125.52% in 2025.
- Enphase Energy's Payables stood at $125.1 million in 2022, then retreated by 7.13% to $116.2 million in 2023, then fell by 22.5% to $90.0 million in 2024, then jumped by 125.52% to $203.0 million in 2025, then slumped by 38.64% to $124.6 million in 2026.
- Business Quant data shows ENPH's Payables at $124.6 million in Q2 2026, $113.5 million in Q1 2026, and $203.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.47 Bn | 21.74 Bn | 605.00 Mn | 346.33 Mn |
| 2 | Nextpower | 13.21 Bn | 12.00 Bn | 335.85 Mn | 535.97 Mn |
| 3 | Enphase Energy | 5.15 Bn | 4.21 Bn | 175.01 Mn | 124.59 Mn |
| 4 | Sunrun | 2.23 Bn | 2.23 Bn | 527.54 Mn | 321.42 Mn |
| 5 | Solaredge Technologies | 1.94 Bn | 1.36 Bn | 95.15 Mn | 460.14 Mn |
| 6 | Shoals Technologies | 1.23 Bn | 1.21 Bn | 49.53 Mn | 65.98 Mn |
| 7 | Canadian Solar | 1.01 Bn | -579.45 Mn | 124.40 Mn | 3.27 Bn |
| 8 | JinkoSolar Holding | 853.63 Mn | -2.45 Bn | 147.66 Mn | 3.45 Bn |
| 9 | Array Technologies | 730.86 Mn | 423.56 Mn | 99.60 Mn | 161.09 Mn |
| 10 | Toyo | 178.60 Mn | 101.96 Mn | 47.76 Mn | 78.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 124.59 Mn |
| Mar 31, 2026 | 113.46 Mn |
| Dec 31, 2025 | 203.04 Mn |
| Sep 30, 2025 | 188.57 Mn |
| Jun 30, 2025 | 162.70 Mn |
| Mar 31, 2025 | 115.37 Mn |
| Dec 31, 2024 | 90.03 Mn |
| Sep 30, 2024 | 112.42 Mn |
| Jun 30, 2024 | 79.65 Mn |
| Mar 31, 2024 | 71.75 Mn |
| Dec 31, 2023 | 116.16 Mn |
| Sep 30, 2023 | 90.12 Mn |
| Jun 30, 2023 | 79.08 Mn |
| Mar 31, 2023 | 106.15 Mn |
| Dec 31, 2022 | 125.09 Mn |
| Sep 30, 2022 | 92.82 Mn |
| Jun 30, 2022 | 90.40 Mn |
| Mar 31, 2022 | 104.74 Mn |
| Dec 31, 2021 | 113.77 Mn |
| Sep 30, 2021 | 92.21 Mn |