Enphase Energy (ENPH) Receivables (2011 - 2026)
Enphase Energy (ENPH) reported Receivables of $308.42 million for Q2 2026, up 16.1% from $265.6 million a year earlier and up 32.8% from the prior quarter.
Enphase Energy (ENPH) Receivables (2011 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy posted Receivables of $265.86 million, unchanged from FY2024.
- Receivables has a five-year compound annual growth rate of 5.9% (FY2020 to FY2025).
- By year, Receivables came in at $265.75 million in FY2024 (-45.3%), $486.2 million in FY2023 (+2.8%), $473.03 million in FY2022 (+32.5%) and $357.13 million in FY2021 (+78.5%).
- The Q2 2026 figure ranks as the highest quarterly Receivables since Q2 2024.
- Year over year, Receivables gained in two of the last eight quarters, with an average decline of 17.3%.
- The high point for year-over-year Receivables in five years was Q3 2021 (growth of 112.0%); the low point was Q3 2024 (a decline of 54.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $232.24 million (Q1 2026), $265.86 million (Q4 2025) and $300.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 20.62 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 823.59 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 1.76 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 820.54 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 669.20 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 1.05 Bn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 543.79 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 308.42 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 267.40 Mn |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 | 13.19 Mn |
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 |
Enphase Energy Receivables 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=receivables&ticker=ENPH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();