Enphase Energy ENPH
NASDAQ ENPH
$36.72 -2.11 (-5.43%)
At close: Sep 9, 2026 · 4:00 PM EDT

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

Enphase Energy (ENPH) posted Total Debt of $572.8 million for Q2 2026, little changed on a QoQ basis from $572.5 million in Q1 2026, and down 68.76% year-over-year from $1.8 billion in Q2 2025.

Analysis

Enphase Energy (ENPH) Total Debt (2011 - 2026) Analysis & Trends

Enphase Energy has reported Total Debt for 16 years, with the latest figure at $572.8 million in Q2 2026.

  • On a quarterly basis, Total Debt fell 68.76% year-over-year to $572.8 million in Q2 2026; TTM through Jun 2026 was $572.8 million, a 68.76% decrease from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 30.84% from the prior year.
  • Total Debt was $572.8 million for Q2 2026 at Enphase Energy, 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.
  • Average Total Debt over 5 years is $1.4 billion, with a median of $1.4 billion recorded in 2023.
  • The sharpest annual moves came in 2025 and 2026: Total Debt soared 31.54% in 2025, then tumbled 68.76% in 2026.
  • Over 5 years, Total Debt stood at $1.4 billion in 2022, then retreated by 6.34% to $1.3 billion in 2023, then rose by 8.5% to $1.4 billion in 2024, then jumped by 30.84% to $1.8 billion in 2025, then plunged by 68.81% to $572.8 million in 2026.
  • The last three Total Debt figures came in at $572.8 million (Q2 2026), $572.5 million (Q1 2026), and $1.8 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 First Solar 21.97 Bn 20.25 Bn 605.00 Mn 37.64 Mn
2 Nextpower 12.81 Bn 11.60 Bn 335.85 Mn -
3 Enphase Energy 4.81 Bn 3.87 Bn 175.01 Mn 572.84 Mn
4 Solaredge Technologies 2.10 Bn 1.52 Bn 95.15 Mn -
5 T1 Energy 1.29 Bn 1.14 Bn 49.10 Mn 600.89 Mn
6 Shoals Technologies 1.20 Bn 1.18 Bn 49.53 Mn 196.75 Mn
7 Canadian Solar 896.45 Mn 597.20 Mn 168.48 Mn 6.38 Bn
8 Array Technologies 708.44 Mn 401.13 Mn 99.60 Mn 668.72 Mn
9 JinkoSolar Holding 627.24 Mn -480.04 Mn 75.62 Mn 5.44 Bn
10 Toyo 133.94 Mn 23.90 Mn 36.97 Mn 28.74 Mn
Historic Data

Historic Data

Download Data
DateValue
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