Enphase Energy (ENPH) Prepaid Assets (2011 - 2026)

Enphase Energy (ENPH) recorded quarterly Prepaid Assets of $412.4 million in Q1 2026, down 28.42% quarter-over-quarter from $576.1 million in Q4 2025, and up 39.44% on a YoY basis from $295.7 million in Q1 2025.

Enphase Energy (ENPH) Prepaid Assets (2011 - 2026) Analysis & Trends

Enphase Energy's Prepaid Assets history runs 16 years deep, the most recent figure standing at $412.4 million for Q1 2026.

  • In Q1 2026, Prepaid Assets rose 39.44% year-over-year to $412.4 million; the TTM figure through Mar 2026 stood at $412.4 million (up 39.44% YoY), while the FY2025 annual figure was $576.1 million, up 160.98% from the prior year.
  • Prepaid Assets was $412.4 million for Q1 2026 at Enphase Energy, down from $576.1 million in the prior quarter.
  • In the past five years, Prepaid Assets ranged from a high of $576.1 million in Q4 2025 to a low of $40.6 million in Q1 2022.
  • Historically, Prepaid Assets has averaged $193.0 million across 5 years, with a median of $100.7 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Prepaid Assets gained 29.25% in 2022, then surged 193.61% in 2025.
  • A 5-year view of Prepaid Assets shows it stood at $60.8 million in 2022, then surged by 46.21% to $88.9 million in 2023, then jumped by 148.21% to $220.7 million in 2024, then jumped by 160.98% to $576.1 million in 2025, then fell by 28.42% to $412.4 million in 2026.
  • The last three Prepaid Assets figures came in at $412.4 million (Q1 2026), $576.1 million (Q4 2025), and $459.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 34.75 Mn