Enphase Energy (ENPH) Times Interest Earned (2011 - 2026)
Enphase Energy's (ENPH) quarterly Times Interest Earned came in at -$1.04 in Q1 2026, down 208.83% year-on-year from $0.96 in Q1 2025, and down 235.02% quarter-over-quarter from $0.77 in Q4 2025.
Enphase Energy (ENPH) Times Interest Earned (2011 - 2026) Analysis & Trends
Enphase Energy's Times Interest Earned history runs 16 years deep, the most recent figure standing at -$1.04 for Q1 2026.
- On a quarterly basis, Times Interest Earned fell 208.83% year-over-year to -$1.04 in Q1 2026; TTM through Mar 2026 was $3.38, a 18.69% decrease from a year earlier, with the FY2025 full-year figure at $5.42, up 143.24% from the prior year.
- Times Interest Earned declined to -$1.04 in Q1 2026 per ENPH's latest filing, from $0.77 in the prior quarter.
- Across five years, Times Interest Earned topped out at $29.45 in Q4 2022 and bottomed at -$1.04 in Q1 2026.
- The 5-year median for Times Interest Earned is $1.78 (2025), against an average of $3.43.
- Across the five-year window, Times Interest Earned jumped 1778.61% in 2025 and slumped 208.83% in 2026, its largest moves.
- Year by year, Times Interest Earned stood at $29.45 in 2022, then slumped by 100.77% to -$0.23 in 2023, then surged by 1261.41% to $2.62 in 2024, then sank by 70.54% to $0.77 in 2025, then plunged by 235.02% to -$1.04 in 2026.
- Per Business Quant, the three latest ENPH Times Interest Earned figures stand at -$1.04 (Q1 2026), $0.77 (Q4 2025), and $1.78 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 6.14 |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.78 |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -1.04 |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -0.66 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -0.21 |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 2.66 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.32 |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 0.25 |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | -46.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.04 |
| Dec 31, 2025 | 0.77 |
| Sep 30, 2025 | 1.78 |
| Jun 30, 2025 | 1.12 |
| Mar 31, 2025 | 0.96 |
| Dec 31, 2024 | 2.62 |
| Sep 30, 2024 | 1.39 |
| Jun 30, 2024 | 0.06 |
| Mar 31, 2024 | -0.94 |
| Dec 31, 2023 | -0.23 |
| Sep 30, 2023 | 2.90 |
| Jun 30, 2023 | 4.64 |
| Mar 31, 2023 | 4.86 |
| Dec 31, 2022 | 29.45 |
| Sep 30, 2022 | 4.19 |
| Jun 30, 2022 | 3.22 |
| Mar 31, 2022 | 2.58 |
| Dec 31, 2021 | 4.55 |
| Sep 30, 2021 | 2.23 |
| Jun 30, 2021 | 3.96 |