Enphase Energy (ENPH) Receivables (2011 - 2026)
Enphase Energy (ENPH) recorded quarterly Receivables of $336.4 million in Q1 2026, down 11.68% quarter-over-quarter from $380.9 million in Q4 2025, and down 10.56% on a YoY basis from $376.1 million in Q1 2025.
Enphase Energy (ENPH) Receivables (2011 - 2026) Analysis & Trends
Enphase Energy's Receivables history runs 16 years deep, the most recent figure standing at $336.4 million for Q1 2026.
- In Q1 2026, Receivables fell 10.56% year-over-year to $336.4 million; the TTM figure through Mar 2026 stood at $336.4 million (down 10.56% YoY), while the FY2025 annual figure was $380.9 million, up 1.12% from the prior year.
- Receivables was $336.4 million for Q1 2026 at Enphase Energy, down from $380.9 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $725.8 million in Q3 2023 to a low of $336.4 million in Q1 2026.
- Historically, Receivables has averaged $483.8 million across 5 years, with a median of $438.9 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Receivables surged 63.35% in 2023, then sank 45.95% in 2024.
- A 5-year view of Receivables shows it stood at $574.0 million in 2022, then advanced by 6.34% to $610.4 million in 2023, then plunged by 38.28% to $376.7 million in 2024, then increased by 1.12% to $380.9 million in 2025, then fell by 11.68% to $336.4 million in 2026.
- The last three Receivables figures came in at $336.4 million (Q1 2026), $380.9 million (Q4 2025), and $412.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 1.41 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 950.30 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 336.42 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 277.70 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 237.93 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 193.96 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 402.83 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 1.99 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 14.17 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 11.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 336.42 Mn |
| Dec 31, 2025 | 380.92 Mn |
| Sep 30, 2025 | 412.44 Mn |
| Jun 30, 2025 | 370.82 Mn |
| Mar 31, 2025 | 376.13 Mn |
| Dec 31, 2024 | 376.70 Mn |
| Sep 30, 2024 | 392.26 Mn |
| Jun 30, 2024 | 438.86 Mn |
| Mar 31, 2024 | 526.91 Mn |
| Dec 31, 2023 | 610.39 Mn |
| Sep 30, 2023 | 725.78 Mn |
| Jun 30, 2023 | 681.36 Mn |
| Mar 31, 2023 | 664.34 Mn |
| Dec 31, 2022 | 574.02 Mn |
| Sep 30, 2022 | 484.20 Mn |
| Jun 30, 2022 | 417.13 Mn |
| Mar 31, 2022 | 456.32 Mn |
| Dec 31, 2021 | 426.72 Mn |
| Sep 30, 2021 | 362.85 Mn |
| Jun 30, 2021 | 366.04 Mn |