Enphase Energy (ENPH) Total Debt (2011 - 2026)
Enphase Energy (ENPH) posted Total Debt of $573.16 million for Q3 2026, down 52.4% from $1.2 billion a year earlier but up 0.1% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Total Debt (2011 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy's Total Debt came in at $1.2 billion, down 7.5% from FY2024.
- Annual Total Debt shows a five-year compound annual growth rate of 29.5% (FY2020 to FY2025).
- In prior years, Enphase Energy's Total Debt was $1.3 billion in FY2024 (+0.7%), $1.29 billion in FY2023 (+0.3%), $1.29 billion in FY2022 (+24.3%) and $1.04 billion in FY2021 (+213.6%).
- Quarterly Total Debt has run from a low of $572.51 million in Q1 2026 to a high of $1.3 billion in Q4 2024 over five years.
- On a year-over-year basis, Total Debt has declined in each of the last seven quarters, with an average decline of 23.2% over the last eight quarters.
- The strongest year-over-year quarter for Total Debt in the past five years was Q4 2021, with growth of 213.6%; the weakest was Q3 2026, with a decline of 52.4%.
- According to Business Quant data, Total Debt for the three prior quarters was $572.84 million (Q2 2026), $572.51 million (Q1 2026) and $1.2 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 2.80 Bn |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 2.95 Mn |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 107.67 Mn |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 2.02 Bn |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | 1.33 Bn |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 2.60 Bn |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | 1.04 Bn |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 444.00 Mn |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | 573.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 573.16 Mn |
| Jun 30, 2026 | 572.84 Mn |
| 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 |
API Access
Enphase Energy Total Debt 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-debt&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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-debt&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();