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

Enphase Energy's (ENPH) quarterly Receivables - Net came in at $196.6 million in Q1 2026, down 12.87% year-on-year from $225.6 million in Q1 2025, and down 14.49% quarter-over-quarter from $229.9 million in Q4 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.

  • On a quarterly basis, Receivables - Net fell 12.87% year-over-year to $196.6 million in Q1 2026; TTM through Mar 2026 was $196.6 million, a 12.87% decrease from a year earlier, with the FY2025 full-year figure at $229.9 million, up 2.74% from the prior year.
  • Receivables - Net fell to $196.6 million in Q1 2026 per ENPH's latest filing, from $229.9 million in the prior quarter.
  • Across five years, Receivables - Net topped out at $560.3 million in Q3 2023 and bottomed at $196.6 million in Q1 2026.
  • The 5-year median for Receivables - Net is $312.5 million (2022), against an average of $338.9 million.
  • Across the five-year window, Receivables - Net soared 66.52% in 2023 and sank 58.55% in 2024, its largest moves.
  • Year by year, Receivables - Net stood at $440.9 million in 2022, then climbed by 1.15% to $446.0 million in 2023, then tumbled 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.
  • Per Business Quant, the three latest ENPH Receivables - Net figures stand at $196.6 million (Q1 2026), $229.9 million (Q4 2025), and $265.5 million (Q3 2025).

Peer Comparison

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