Enphase Energy (ENPH) Total Debt (2011 - 2026)
Enphase Energy (ENPH) recorded quarterly Total Debt of $572.5 million in Q1 2026, down 52.46% quarter-over-quarter from $1.2 billion in Q4 2025, and down 52.37% on a YoY basis from $1.2 billion in Q1 2025.
Enphase Energy (ENPH) Total Debt (2011 - 2026) Analysis & Trends
Enphase Energy's Total Debt history runs 16 years deep, the most recent figure standing at $572.5 million for Q1 2026.
- In Q1 2026, Total Debt fell 52.37% year-over-year to $572.5 million; the TTM figure through Mar 2026 stood at $572.5 million (down 52.37% YoY), while the FY2025 annual figure was $1.2 billion, down 7.52% from the prior year.
- Total Debt was $572.5 million for Q1 2026 at Enphase Energy, down from $1.2 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $1.3 billion in Q4 2024 to a low of $572.5 million in Q1 2026.
- Historically, Total Debt has averaged $1.2 billion across 5 years, with a median of $1.3 billion in 2022.
- The sharpest annual moves came in 2022 and 2026: Total Debt rose 28.13% in 2022, then sank 52.37% in 2026.
- A 5-year view of Total Debt shows it stood at $1.3 billion in 2022, then climbed by 0.26% to $1.3 billion in 2023, then climbed by 0.67% to $1.3 billion in 2024, then retreated by 7.52% to $1.2 billion in 2025, then slumped 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 425.78 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 572.51 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 443.39 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 181.75 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 667.21 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 2.78 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 2.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |