Enphase Energy (ENPH) Total Debt (2011 - 2026)
Enphase Energy's (ENPH) 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 68.83% quarter-over-quarter from $1.8 billion in Q4 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.
- On a quarterly basis, Total Debt fell 52.37% year-over-year to $572.5 million in Q1 2026; TTM through Mar 2026 was $572.5 million, a 52.37% decrease from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 41.02% from the prior year.
- Total Debt retreated to $572.5 million in Q1 2026 per ENPH's latest filing, from $1.8 billion in the prior quarter.
- Across five years, Total Debt topped out at $1.8 billion in Q4 2025 and bottomed at $572.5 million in Q1 2026.
- The 5-year median for Total Debt is $1.3 billion (2024), against an average of $1.3 billion.
- Across the five-year window, Total Debt jumped 41.15% in 2025 and sank 52.37% in 2026, its largest moves.
- Year by year, Total Debt stood at $1.3 billion in 2022, then advanced by 0.26% to $1.3 billion in 2023, then climbed by 0.67% to $1.3 billion in 2024, then surged by 41.02% to $1.8 billion in 2025, then sank by 68.83% to $572.5 million in 2026.
- Per Business Quant, the three latest ENPH Total Debt figures stand at $572.5 million (Q1 2026), $1.8 billion (Q4 2025), and $1.8 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 425.78 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 572.51 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 2.75 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 443.39 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 181.75 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 8.40 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 667.21 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 1.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 572.51 Mn |
| Dec 31, 2025 | 1.84 Bn |
| Sep 30, 2025 | 1.84 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 | 1.40 Bn |
| Mar 31, 2024 | 1.39 Bn |
| Dec 31, 2023 | 1.29 Bn |
| Sep 30, 2023 | 1.39 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 | 1.37 Bn |
| Mar 31, 2022 | 1.37 Bn |
| Dec 31, 2021 | 1.04 Bn |
| Sep 30, 2021 | 1.03 Bn |
| Jun 30, 2021 | 1.10 Bn |