Enphase Energy (ENPH) Retained Earnings (2011 - 2026)

Enphase Energy's (ENPH) quarterly Retained Earnings came in at -$5.8 million in Q1 2026, up 98.16% year-on-year from -$2.9 million in Q1 2025, and up 97.15% quarter-over-quarter from -$203.9 million in Q4 2025.

Enphase Energy (ENPH) Retained Earnings (2011 - 2026) Analysis & Trends

Enphase Energy's Retained Earnings history runs 16 years deep, the most recent figure standing at -$5.8 million for Q1 2026.

  • On a quarterly basis, Retained Earnings rose 98.16% year-over-year to -$5.8 million in Q1 2026; TTM through Mar 2026 was -$5.8 million, a 98.16% increase from a year earlier, with the FY2025 full-year figure at -$203.9 million, down 3109.95% from the prior year.
  • Retained Earnings advanced to -$5.8 million in Q1 2026 per ENPH's latest filing, from -$203.9 million in the prior quarter.
  • Across five years, Retained Earnings topped out at $1.2 billion in Q3 2025 and bottomed at -$315.9 million in Q1 2025.
  • The 5-year median for Retained Earnings is -$5.8 million (2026), against an average of $189.4 million.
  • Across the five-year window, Retained Earnings soared 3520.11% in 2022 and slumped 4563.46% in 2025, its largest moves.
  • Year by year, Retained Earnings stood at $17.3 million in 2022, then plunged by 111.47% to -$2.0 million in 2023, then sank by 219.52% to -$6.4 million in 2024, then tumbled by 3109.95% to -$203.9 million in 2025, then soared by 97.15% to -$5.8 million in 2026.
  • Per Business Quant, the three latest ENPH Retained Earnings figures stand at -$5.8 million (Q1 2026), -$203.9 million (Q4 2025), and $1.2 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -168.20 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -1.97 Bn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -5.82 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 -1.49 Bn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 64.41 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 131.86 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -78.13 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -8.16 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 118.39 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.82 Mn
Dec 31, 2025 -203.90 Mn
Sep 30, 2025 1.23 Bn
Jun 30, 2025 5.36 Mn
Mar 31, 2025 -315.86 Mn
Dec 31, 2024 -6.35 Mn
Sep 30, 2024 1.03 Bn
Jun 30, 2024 -100.90 Mn
Mar 31, 2024 -6.77 Mn
Dec 31, 2023 -1.99 Mn
Sep 30, 2023 125.35 Mn
Jun 30, 2023 -6.85 Mn
Mar 31, 2023 812.62 Mn
Dec 31, 2022 17.34 Mn
Sep 30, 2022 -15.54 Mn
Jun 30, 2022 -11.25 Mn
Mar 31, 2022 666.51 Mn
Dec 31, 2021 -2.02 Mn
Sep 30, 2021 -158.33 Mn
Jun 30, 2021 1.92 Mn