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

Enphase Energy (ENPH) recorded quarterly Retained Earnings of -$211.3 million in Q1 2026, down 12146.86% quarter-over-quarter from $1.8 million in Q4 2025, and down 13024.35% on a YoY basis from N/an in Q1 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 -$211.3 million for Q1 2026.

  • In Q1 2026, Retained Earnings fell 13024.35% year-over-year to -$211.3 million; the TTM figure through Mar 2026 stood at -$211.3 million (down 13024.35% YoY), while the FY2025 annual figure was $1.8 million, up 127.61% from the prior year.
  • Retained Earnings was -$211.3 million for Q1 2026 at Enphase Energy, down from $1.8 million in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $164.2 million in Q1 2023 to a low of -$328.2 million in Q1 2022.
  • Historically, Retained Earnings has averaged -$51.5 million across 5 years, with a median of -$6.9 million in 2023.
  • The sharpest annual moves came in 2023 and 2026: Retained Earnings surged 150.03% in 2023, then tumbled 13024.35% in 2026.
  • A 5-year view of Retained Earnings shows it stood at -$10.9 million in 2022, then surged by 81.73% to -$2.0 million in 2023, then tumbled by 219.52% to -$6.4 million in 2024, then soared by 127.61% to $1.8 million in 2025, then slumped by 12146.86% to -$211.3 million in 2026.
  • The last three Retained Earnings figures came in at -$211.3 million (Q1 2026), $1.8 million (Q4 2025), and $3.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn -168.20 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 183,000.00
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -211.30 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 4.94 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -3.66 Bn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 131.86 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -420.86 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 -142.16 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 11.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -211.30 Mn
Dec 31, 2025 1.75 Mn
Sep 30, 2025 3.32 Mn
Jun 30, 2025 -309.22 Mn
Mar 31, 2025 -1.61 Mn
Dec 31, 2024 -6.35 Mn
Sep 30, 2024 3.26 Mn
Jun 30, 2024 -7.95 Mn
Mar 31, 2024 -6.77 Mn
Dec 31, 2023 -1.99 Mn
Sep 30, 2023 -9.76 Mn
Jun 30, 2023 -6.85 Mn
Mar 31, 2023 164.21 Mn
Dec 31, 2022 -10.88 Mn
Sep 30, 2022 -136.42 Mn
Jun 30, 2022 -11.25 Mn
Mar 31, 2022 -328.21 Mn
Dec 31, 2021 -405.74 Mn
Sep 30, 2021 -158.33 Mn
Jun 30, 2021 1.92 Mn