Growth Metrics

Enphase Energy (ENPH) Total Debt (2011 - 2026)

Enphase Energy's quarterly Total Debt came in at $572.5 million in Q1 2026, down 52.37% year-on-year from $1.2 billion in Q1 2025, and down 52.46% quarter-over-quarter from $1.2 billion in Q4 2025.

Enphase Energy has reported Total Debt for 16 years, with the latest figure at $572.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Total Debt fell 52.37% year-over-year to $572.5 million; the trailing twelve-month figure through Mar 2026 stood at $572.5 million (down 52.37% YoY), and the FY2025 full-year result was $1.2 billion, down 7.52% from the prior year.
  • Total Debt for Q1 2026 stood at $572.5 million, down from $1.2 billion in the prior quarter.
  • The five-year high for Total Debt was $1.3 billion in Q4 2024, with the low at $572.5 million in Q1 2026.
  • Average Total Debt over 5 years is $1.2 billion, with a median of $1.3 billion recorded in 2022.
  • Year-over-year, Total Debt advanced 28.13% in 2022 and sank 52.37% in 2026.
  • Tracing ENPH's Total Debt over 5 years: stood at $1.3 billion in 2022, then grew by 0.26% to $1.3 billion in 2023, then grew by 0.67% to $1.3 billion in 2024, then decreased by 7.52% to $1.2 billion in 2025, then sank by 52.46% to $572.5 million in 2026.
  • The last three Total Debt figures came in at $572.5 million (Q1 2026), $1.2 billion (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 425.78 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 5.34 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 572.51 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 443.39 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 181.75 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 667.21 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 2.78 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 572.51 Mn
Dec 31, 2025 1.20 Bn
Sep 30, 2025 1.20 Bn
Jun 30, 2025 1.20 Bn
Mar 31, 2025 1.20 Bn
Dec 31, 2024 1.30 Bn
Sep 30, 2024 1.30 Bn
Jun 30, 2024 1.30 Bn
Mar 31, 2024 1.30 Bn
Dec 31, 2023 1.29 Bn
Sep 30, 2023 1.29 Bn
Jun 30, 2023 1.29 Bn
Mar 31, 2023 1.29 Bn
Dec 31, 2022 1.29 Bn
Sep 30, 2022 1.29 Bn
Jun 30, 2022 1.29 Bn
Mar 31, 2022 1.28 Bn
Dec 31, 2021 1.04 Bn
Sep 30, 2021 1.03 Bn
Jun 30, 2021 1.01 Bn
Mar 31, 2021 1.00 Bn
Dec 31, 2020 330.87 Mn
Sep 30, 2020 360.12 Mn
Jun 30, 2020 355.45 Mn
Mar 31, 2020 395.78 Mn
Dec 31, 2019 105.54 Mn
Jun 30, 2019 102.93 Mn
Mar 31, 2019 68.39 Mn
Dec 31, 2018 109.78 Mn
Sep 30, 2018 112.03 Mn
Jun 30, 2018 51.99 Mn
Mar 31, 2018 50.73 Mn
Dec 31, 2017 49.75 Mn
Sep 30, 2017 47.61 Mn
Jun 30, 2017 41.39 Mn
Mar 31, 2017 46.88 Mn
Dec 31, 2016 30.87 Mn
Sep 30, 2016 35.26 Mn
Jun 30, 2016 12.45 Mn
Mar 31, 2016 20.00 Mn
Dec 31, 2015 17.00 Mn
Sep 30, 2015 17.00 Mn
Jun 30, 2015 17.00 Mn
Sep 30, 2014 5.86 Mn
Jun 30, 2014 6.53 Mn
Mar 31, 2014 7.83 Mn
Dec 31, 2013 8.68 Mn
Sep 30, 2013 9.29 Mn
Jun 30, 2013 9.90 Mn
Mar 31, 2013 10.49 Mn
Dec 31, 2012 11.06 Mn
Mar 31, 2012 14.06 Mn
Dec 31, 2011 14.68 Mn