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

Enphase Energy's (ENPH) quarterly Prepaid Assets came in at $412.4 million in Q1 2026, up 39.44% year-on-year from $295.7 million in Q1 2025, and down 28.42% quarter-over-quarter from $576.1 million in Q4 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.

  • On a quarterly basis, Prepaid Assets rose 39.44% year-over-year to $412.4 million in Q1 2026; TTM through Mar 2026 was $412.4 million, a 39.44% increase from a year earlier, with the FY2025 full-year figure at $576.1 million, up 160.98% from the prior year.
  • Prepaid Assets retreated to $412.4 million in Q1 2026 per ENPH's latest filing, from $576.1 million in the prior quarter.
  • Across five years, Prepaid Assets topped out at $576.1 million in Q4 2025 and bottomed at $40.6 million in Q1 2022.
  • The 5-year median for Prepaid Assets is $100.7 million (2024), against an average of $193.0 million.
  • Across the five-year window, Prepaid Assets climbed 29.25% in 2022 and jumped 193.61% in 2025, its largest moves.
  • Year by year, Prepaid Assets 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.
  • Per Business Quant, the three latest ENPH Prepaid Assets figures stand at $412.4 million (Q1 2026), $576.1 million (Q4 2025), and $459.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 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