Enphase Energy (ENPH) Tax Rate (2012 - 2026)

Enphase Energy's Tax Rate history runs 15 years deep, the most recent figure standing at 46.76% for Q1 2026.

• On a quarterly basis, Tax Rate rose 1017.0% year-over-year to 46.76% in Q1 2026; TTM through Mar 2026 was 6.29%, a 1057.0% decrease from a year earlier, with the FY2025 full-year figure at 15.96%, up 139.0% from the prior year.
• Tax Rate rose to 46.76% in Q1 2026 per ENPH's latest filing, from 0.05% in the prior quarter.
• Across five years, Tax Rate topped out at 46.76% in Q1 2026 and bottomed at 71.09% in Q4 2023.
• The 5-year median for Tax Rate is 12.32% (2025), against an average of 7.14%.
• Across the five-year window, Tax Rate plunged 195498 bps in 2022 and surged 8191 bps in 2024, its largest moves.
• Year by year, Tax Rate stood at 8.55% in 2022, then plunged by 931 bps to 71.09% in 2023, then jumped by 115 bps to 10.82% in 2024, then plunged by 100 bps to 0.05% in 2025, then jumped by 95382 bps to 46.76% in 2026.
• Per Business Quant, the three latest ENPH Tax Rate figures stand at 46.76% (Q1 2026), 0.05% (Q4 2025), and 13.48% (Q3 2025).