Enphase Energy (ENPH) Total Current Liabilities (2011 - 2026)
Enphase Energy (ENPH) recorded Total Current Liabilities of $460.1 million in Q3 2026, down 60.7% from $1.17 billion a year earlier and down 18.6% from the prior quarter.
Enphase Energy (ENPH) Total Current Liabilities (2011 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy reported Total Current Liabilities of $1.26 billion, up 91.2% from FY2024.
- Annual Total Current Liabilities has a five-year compound annual growth rate of 18.8% (FY2020 to FY2025).
- Across earlier years, Total Current Liabilities came in at $660.09 million in FY2024 (+24.0%), $532.45 million in FY2023 (-16.6%), $638.22 million in FY2022 (+45.1%) and $439.8 million in FY2021 (-17.6%).
- The Q3 2026 figure is the lowest quarterly Total Current Liabilities since Q1 2022.
- On a year-over-year basis, Total Current Liabilities has declined for three consecutive quarters, with growth averaging 35.0% over the last eight quarters.
- Peak year-over-year performance for Total Current Liabilities in the last five years was growth of 119.5% in Q2 2025, against a decline of 60.7% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $565.16 million (Q2 2026), $481.78 million (Q1 2026) and $1.26 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 62.47 Bn |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 1.39 Bn |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 2.06 Bn |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | 1.37 Bn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 960.93 Mn |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | 1.42 Bn |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 2.30 Bn |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | 761.97 Mn |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 299.80 Mn |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | 460.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 460.10 Mn |
| Jun 30, 2026 | 565.16 Mn |
| Mar 31, 2026 | 481.78 Mn |
| Dec 31, 2025 | 1.26 Bn |
| Sep 30, 2025 | 1.17 Bn |
| Jun 30, 2025 | 1.16 Bn |
| Mar 31, 2025 | 1.16 Bn |
| Dec 31, 2024 | 660.09 Mn |
| Sep 30, 2024 | 567.48 Mn |
| Jun 30, 2024 | 529.63 Mn |
| Mar 31, 2024 | 554.10 Mn |
| Dec 31, 2023 | 532.45 Mn |
| Sep 30, 2023 | 774.39 Mn |
| Jun 30, 2023 | 743.61 Mn |
| Mar 31, 2023 | 729.29 Mn |
| Dec 31, 2022 | 638.22 Mn |
| Sep 30, 2022 | 550.24 Mn |
| Jun 30, 2022 | 480.01 Mn |
| Mar 31, 2022 | 453.76 Mn |
| Dec 31, 2021 | 439.80 Mn |
Enphase Energy Total Current Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-current-liabilities&ticker=ENPH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-current-liabilities", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=total-current-liabilities&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();