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

Enphase Energy (ENPH) recorded quarterly Total Liabilities of $1.6 billion in Q1 2026, down 33.07% quarter-over-quarter from $2.4 billion in Q4 2025, and down 29.36% on a YoY basis from $2.3 billion in Q1 2025.

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

Enphase Energy's Total Liabilities history runs 16 years deep, the most recent figure standing at $1.6 billion for Q1 2026.

  • In Q1 2026, Total Liabilities fell 29.36% year-over-year to $1.6 billion; the TTM figure through Mar 2026 stood at $1.6 billion (down 29.36% YoY), while the FY2025 annual figure was $2.4 billion, changed 0.25% from the prior year.
  • Total Liabilities was $1.6 billion for Q1 2026 at Enphase Energy, down from $2.4 billion in the prior quarter.
  • In the past five years, Total Liabilities ranged from a high of $2.5 billion in Q3 2023 to a low of $1.6 billion in Q1 2026.
  • Historically, Total Liabilities has averaged $2.3 billion across 5 years, with a median of $2.3 billion in 2024.
  • The sharpest annual moves came in 2022 and 2026: Total Liabilities soared 36.97% in 2022, then declined 29.36% in 2026.
  • A 5-year view of Total Liabilities shows it stood at $2.3 billion in 2022, then climbed by 6.23% to $2.4 billion in 2023, then gained by 0.72% to $2.4 billion in 2024, then climbed by 0.25% to $2.4 billion in 2025, then tumbled by 33.07% to $1.6 billion in 2026.
  • The last three Total Liabilities figures came in at $1.6 billion (Q1 2026), $2.4 billion (Q4 2025), and $2.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 3.47 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 1.74 Bn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 1.62 Bn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 1.85 Bn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 17.81 Bn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 429.25 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 1.21 Bn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 13.82 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 34.01 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 23.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.62 Bn
Dec 31, 2025 2.42 Bn
Sep 30, 2025 2.33 Bn
Jun 30, 2025 2.30 Bn
Mar 31, 2025 2.30 Bn
Dec 31, 2024 2.42 Bn
Sep 30, 2024 2.33 Bn
Jun 30, 2024 2.28 Bn
Mar 31, 2024 2.31 Bn
Dec 31, 2023 2.40 Bn
Sep 30, 2023 2.54 Bn
Jun 30, 2023 2.49 Bn
Mar 31, 2023 2.41 Bn
Dec 31, 2022 2.26 Bn
Sep 30, 2022 2.09 Bn
Jun 30, 2022 1.99 Bn
Mar 31, 2022 1.93 Bn
Dec 31, 2021 1.65 Bn
Sep 30, 2021 1.58 Bn
Jun 30, 2021 1.52 Bn