Enphase Energy (ENPH) Receivables (2011 - 2026)

Enphase Energy's (ENPH) quarterly Receivables came in at $232.2 million in Q1 2026, down 13.25% year-on-year from $267.7 million in Q1 2025, and down 12.65% quarter-over-quarter from $265.9 million in Q4 2025.

Enphase Energy (ENPH) Receivables (2011 - 2026) Analysis & Trends

Enphase Energy's Receivables history runs 16 years deep, the most recent figure standing at $232.2 million for Q1 2026.

  • On a quarterly basis, Receivables fell 13.25% year-over-year to $232.2 million in Q1 2026; TTM through Mar 2026 was $232.2 million, a 13.25% decrease from a year earlier, with the FY2025 full-year figure at $265.9 million, changed 0.04% from the prior year.
  • Receivables slipped to $232.2 million in Q1 2026 per ENPH's latest filing, from $265.9 million in the prior quarter.
  • Across five years, Receivables topped out at $599.8 million in Q3 2023 and bottomed at $232.2 million in Q1 2026.
  • The 5-year median for Receivables is $339.0 million (2022), against an average of $375.5 million.
  • Across the five-year window, Receivables jumped 64.72% in 2023 and plunged 54.18% in 2024, its largest moves.
  • Year by year, Receivables stood at $473.0 million in 2022, then grew by 2.79% to $486.2 million in 2023, then sank by 45.34% to $265.8 million in 2024, then climbed by 0.04% to $265.9 million in 2025, then retreated by 12.65% to $232.2 million in 2026.
  • Per Business Quant, the three latest ENPH Receivables figures stand at $232.2 million (Q1 2026), $265.9 million (Q4 2025), and $300.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 1.41 Bn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 950.30 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 232.24 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 1.99 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 280.70 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 1.28 Bn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 194.45 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 1.06 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 402.83 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 17.94 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 302.29 Mn