Enphase Energy (ENPH) Receivables - Net (2011 - 2026)

Enphase Energy (ENPH) recorded quarterly Receivables - Net of $196.6 million in Q1 2026, down 14.49% quarter-over-quarter from $229.9 million in Q4 2025, and down 12.87% on a YoY basis from $225.6 million in Q1 2025.

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

Enphase Energy's Receivables - Net history runs 16 years deep, the most recent figure standing at $196.6 million for Q1 2026.

  • In Q1 2026, Receivables - Net fell 12.87% year-over-year to $196.6 million; the TTM figure through Mar 2026 stood at $196.6 million (down 12.87% YoY), while the FY2025 annual figure was $229.9 million, up 2.74% from the prior year.
  • Receivables - Net was $196.6 million for Q1 2026 at Enphase Energy, down from $229.9 million in the prior quarter.
  • In the past five years, Receivables - Net ranged from a high of $560.3 million in Q3 2023 to a low of $196.6 million in Q1 2026.
  • Historically, Receivables - Net has averaged $338.9 million across 5 years, with a median of $312.5 million in 2022.
  • The sharpest annual moves came in 2023 and 2024: Receivables - Net jumped 66.52% in 2023, then sank 58.55% in 2024.
  • A 5-year view of Receivables - Net shows it stood at $440.9 million in 2022, then climbed by 1.15% to $446.0 million in 2023, then sank by 49.83% to $223.7 million in 2024, then gained by 2.74% to $229.9 million in 2025, then retreated by 14.49% to $196.6 million in 2026.
  • The last three Receivables - Net figures came in at $196.6 million (Q1 2026), $229.9 million (Q4 2025), and $265.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 196.58 Mn
Mar 31, 2026 196.58 Mn
Dec 31, 2025 229.88 Mn
Dec 31, 2025 229.88 Mn
Sep 30, 2025 265.51 Mn
Sep 30, 2025 265.51 Mn
Jun 30, 2025 223.22 Mn
Jun 30, 2025 223.22 Mn
Mar 31, 2025 225.63 Mn
Mar 31, 2025 225.63 Mn
Dec 31, 2024 223.75 Mn
Dec 31, 2024 223.75 Mn
Sep 30, 2024 232.23 Mn
Sep 30, 2024 232.23 Mn
Jun 30, 2024 277.48 Mn
Jun 30, 2024 277.48 Mn
Mar 31, 2024 364.36 Mn
Mar 31, 2024 364.36 Mn
Dec 31, 2023 445.96 Mn
Dec 31, 2023 445.96 Mn