Enphase Energy (ENPH) Prepaid Assets (2011 - 2026)
Enphase Energy (ENPH) reported Prepaid Assets of $454.2 million for Q2 2026, up 25.3% from $362.52 million a year earlier and up 10.1% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Prepaid Assets (2011 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy posted Prepaid Assets of $576.08 million, up 161.0% from FY2024.
- Prepaid Assets has increased for 14 consecutive years, with a five-year compound annual growth rate of 80.9% (FY2020 to FY2025).
- By year, Prepaid Assets came in at $220.74 million in FY2024 (+148.2%), $88.93 million in FY2023 (+46.2%), $60.82 million in FY2022 (+61.0%) and $37.78 million in FY2021 (+27.0%).
- Five-year quarterly Prepaid Assets spans a low of $35.54 million in Q3 2021 and a high of $576.08 million in Q4 2025.
- Year over year, Prepaid Assets has now increased in each of the last 23 quarters, with growth averaging 125.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Prepaid Assets ran from 24.6% in Q3 2021 to 193.6% in Q1 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at $412.35 million (Q1 2026), $576.08 million (Q4 2025) and $459.7 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 454.20 Mn |
| Mar 31, 2026 | 412.35 Mn |
| Dec 31, 2025 | 576.08 Mn |
| Sep 30, 2025 | 459.70 Mn |
| Jun 30, 2025 | 362.52 Mn |
| Mar 31, 2025 | 295.73 Mn |
| Dec 31, 2024 | 220.74 Mn |
| Sep 30, 2024 | 203.20 Mn |
| Jun 30, 2024 | 141.70 Mn |
| Mar 31, 2024 | 100.72 Mn |
| Dec 31, 2023 | 88.93 Mn |
| Sep 30, 2023 | 80.35 Mn |
| Jun 30, 2023 | 73.88 Mn |
| Mar 31, 2023 | 67.57 Mn |
| Dec 31, 2022 | 60.82 Mn |
| Sep 30, 2022 | 51.27 Mn |
| Jun 30, 2022 | 45.47 Mn |
| Mar 31, 2022 | 40.57 Mn |
| Dec 31, 2021 | 37.78 Mn |
| Sep 30, 2021 | 35.54 Mn |
API Access
Enphase Energy Prepaid Assets 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=prepaid-assets&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();