Enphase Energy (ENPH) Research & Development (2011 - 2026)

Enphase Energy has reported Research & Development for 16 years, with the latest figure at $45.7 million in Q2 2026.

• On a quarterly basis, Research & Development fell 9.96% year-over-year to $45.7 million in Q2 2026; TTM through Jun 2026 was $191.6 million, a 5.32% decrease from a year earlier, with the FY2025 full-year figure at $197.5 million, down 4.38% from the prior year.
• Research & Development was $45.7 million for Q2 2026 at Enphase Energy, down from $48.1 million in the prior quarter.
• The five-year high for Research & Development was $64.9 million in Q4 2022, with the low at $41.3 million in Q1 2022.
• Average Research & Development over 5 years is $52.7 million, with a median of $51.8 million recorded in 2024.
• The sharpest annual moves came in 2022 and 2023: Research & Development jumped 109.44% in 2022, then declined 17.72% in 2023.
• Over 5 years, Research & Development stood at $64.9 million in 2022, then slipped by 17.72% to $53.4 million in 2023, then fell by 3.01% to $51.8 million in 2024, then retreated by 4.59% to $49.4 million in 2025, then slipped by 7.61% to $45.7 million in 2026.
• The last three Research & Development figures came in at $45.7 million (Q2 2026), $48.1 million (Q1 2026), and $49.4 million (Q4 2025), per Business Quant data.