Enphase Energy (ENPH) Payables (2011 - 2026)
Enphase Energy (ENPH) recorded Payables of $124.59 million in Q2 2026, down 23.4% from $162.7 million a year earlier but up 9.8% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Payables (2011 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy reported Payables of $203.04 million, up 125.5% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 22.8% (FY2020 to FY2025).
- Across earlier years, Payables came in at $90.03 million in FY2024 (-22.5%), $116.16 million in FY2023 (-7.1%), $125.09 million in FY2022 (+9.9%) and $113.77 million in FY2021 (+56.7%).
- Quarterly Payables has ranged from $71.75 million in Q1 2024 to $203.04 million in Q4 2025 over the past five years.
- On a year-over-year basis, Payables rose in five of the last eight quarters, with growth averaging 41.9%.
- Peak year-over-year performance for Payables in the last five years was growth of 125.5% in Q4 2025, against a decline of 32.4% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $113.46 million (Q1 2026), $203.04 million (Q4 2025) and $188.57 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 10.10 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 309.93 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 346.33 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 212.88 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 604.41 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 535.97 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 363.83 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 124.59 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 60.20 Mn |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 | 19.76 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Enphase Energy Payables 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=payables&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();