Enphase Energy (ENPH) Prepaid Assets (2011 - 2026)
Enphase Energy (ENPH) reported Prepaid Assets of $457.34 million for Q3 2026, down 0.5% from $459.7 million a year earlier but up 0.7% 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 $37.78 million in Q4 2021 and a high of $576.08 million in Q4 2025.
- Year over year, Prepaid Assets gained in seven of the last eight quarters, with growth averaging 106.1%.
- The high point for year-over-year Prepaid Assets in five years was Q1 2025 (growth of 193.6%); the low point was Q3 2026 (a decline of 0.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $454.2 million (Q2 2026), $412.35 million (Q1 2026) and $576.08 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Enphase Energy | 3.45 Bn | -863.96 Mn | 127.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 457.34 Mn |
| 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 |
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();