Enphase Energy (ENPH) Payables (2011 - 2026)
Enphase Energy (ENPH) recorded Payables of $100.61 million in Q3 2026, down 46.6% from $188.57 million a year earlier and down 19.2% from the prior quarter.
Powered by 
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%).
- The Q3 2026 figure is the lowest quarterly Payables since Q4 2024.
- On a year-over-year basis, Payables has declined for three consecutive quarters, with growth averaging 33.0% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 125.5% in Q4 2025, against a decline of 46.6% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $124.59 million (Q2 2026), $113.46 million (Q1 2026) and $203.04 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 10.79 Bn |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 493.03 Mn |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 338.20 Mn |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | 643.66 Mn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 281.64 Mn |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | 682.57 Mn |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 546.30 Mn |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | 363.83 Mn |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 67.50 Mn |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | 100.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 100.61 Mn |
| 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 |
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();