Enphase Energy (ENPH) Receivables (2011 - 2026)
Enphase Energy (ENPH) posted Receivables of $308.4 million for Q2 2026, up 32.8% on a QoQ basis from $232.2 million in Q1 2026, and up 16.12% year-over-year from $265.6 million in Q2 2025.
Analysis
Enphase Energy (ENPH) Receivables (2011 - 2026) Analysis & Trends
Enphase Energy has reported Receivables for 16 years, with the latest figure at $308.4 million in Q2 2026.
- On a quarterly basis, Receivables rose 16.12% year-over-year to $308.4 million in Q2 2026; TTM through Jun 2026 was $308.4 million, a 16.12% increase from a year earlier, with the FY2025 full-year figure at $265.9 million, changed 0.04% from the prior year.
- Receivables was $308.4 million for Q2 2026 at Enphase Energy, up from $232.2 million in the prior quarter.
- The five-year high for Receivables was $599.8 million in Q3 2023, with the low at $232.2 million in Q1 2026.
- Average Receivables over 5 years is $371.7 million, with a median of $329.1 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Receivables soared 64.72% in 2023, then tumbled 54.18% in 2024.
- Over 5 years, Receivables stood at $473.0 million in 2022, then increased by 2.79% to $486.2 million in 2023, then slumped by 45.34% to $265.8 million in 2024, then grew by 0.04% to $265.9 million in 2025, then climbed by 16.01% to $308.4 million in 2026.
- The last three Receivables figures came in at $308.4 million (Q2 2026), $232.2 million (Q1 2026), and $265.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 1.78 Bn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 1.05 Bn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 308.42 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 271.08 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 194.04 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 157.68 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 1.17 Bn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 421.64 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 1.85 Bn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 15.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 308.42 Mn |
| Mar 31, 2026 | 232.24 Mn |
| Dec 31, 2025 | 265.86 Mn |
| Sep 30, 2025 | 300.17 Mn |
| Jun 30, 2025 | 265.60 Mn |
| Mar 31, 2025 | 267.72 Mn |
| Dec 31, 2024 | 265.75 Mn |
| Sep 30, 2024 | 274.81 Mn |
| Jun 30, 2024 | 319.21 Mn |
| Mar 31, 2024 | 405.28 Mn |
| Dec 31, 2023 | 486.20 Mn |
| Sep 30, 2023 | 599.80 Mn |
| Jun 30, 2023 | 558.38 Mn |
| Mar 31, 2023 | 550.23 Mn |
| Dec 31, 2022 | 473.03 Mn |
| Sep 30, 2022 | 396.57 Mn |
| Jun 30, 2022 | 338.99 Mn |
| Mar 31, 2022 | 383.18 Mn |
| Dec 31, 2021 | 357.13 Mn |
| Sep 30, 2021 | 295.47 Mn |