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| Date | Value |
|---|---|
| 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 |