Enphase Energy (ENPH) Total Debt (2011 - 2026)
Enphase Energy (ENPH) posted quarterly Total Debt of $572.8 million for Q2 2026, down 68.76% year-over-year from $1.8 billion in Q2 2025, and little changed quarter-over-quarter from $572.5 million in Q1 2026.
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 $572.8 million for Q2 2026.
- In Q2 2026, Total Debt fell 68.76% year-over-year to $572.8 million; the TTM figure through Jun 2026 stood at $572.8 million (down 68.76% YoY), while the FY2025 annual figure was $1.8 billion, up 30.84% from the prior year.
- Total Debt for Q2 2026 stood at $572.8 million, roughly flat from $572.5 million in the prior quarter.
- The five-year high for Total Debt was $1.8 billion in Q4 2025, with the low at $572.5 million in Q1 2026.
- The 5-year median for Total Debt is $1.4 billion (2023), against an average of $1.4 billion.
- The sharpest annual moves came in 2025 and 2026: Total Debt jumped 31.54% in 2025, then tumbled 68.76% in 2026.
- Enphase Energy's Total Debt stood at $1.4 billion in 2022, then declined by 6.34% to $1.3 billion in 2023, then grew by 8.5% to $1.4 billion in 2024, then surged by 30.84% to $1.8 billion in 2025, then plunged by 68.81% to $572.8 million in 2026.
- Business Quant data shows ENPH's Total Debt at $572.8 million in Q2 2026, $572.5 million in Q1 2026, and $1.8 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 37.64 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 572.84 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 14.53 Bn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 196.75 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 8.40 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 2.75 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 668.72 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 2.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 572.84 Mn |
| Mar 31, 2026 | 572.51 Mn |
| Dec 31, 2025 | 1.84 Bn |
| Sep 30, 2025 | 1.84 Bn |
| Jun 30, 2025 | 1.83 Bn |
| Mar 31, 2025 | 1.83 Bn |
| Dec 31, 2024 | 1.40 Bn |
| Sep 30, 2024 | 1.40 Bn |
| Jun 30, 2024 | 1.40 Bn |
| Mar 31, 2024 | 1.39 Bn |
| Dec 31, 2023 | 1.29 Bn |
| Sep 30, 2023 | 1.39 Bn |
| Jun 30, 2023 | 1.39 Bn |
| Mar 31, 2023 | 1.38 Bn |
| Dec 31, 2022 | 1.38 Bn |
| Sep 30, 2022 | 1.38 Bn |
| Jun 30, 2022 | 1.37 Bn |
| Mar 31, 2022 | 1.37 Bn |
| Dec 31, 2021 | 1.12 Bn |
| Sep 30, 2021 | 1.11 Bn |