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
DateValue
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