Enphase Energy (ENPH) Total Liabilities (2011 - 2026)
Enphase Energy's Total Liabilities was $1.64 billion in Q3 2026, down 29.7% from $2.33 billion a year earlier and down 5.9% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Total Liabilities (2011 - 2026) Analysis & Trends
At the end of FY2025, Total Liabilities at Enphase Energy came in at $2.42 billion, up 0.3% from FY2024.
- Total Liabilities has now increased for 13 consecutive years, with a five-year compound annual growth rate of 27.6% (FY2020 to FY2025).
- In earlier years, Total Liabilities was $2.42 billion in FY2024 (+0.7%), $2.4 billion in FY2023 (+6.2%), $2.26 billion in FY2022 (+37.0%) and $1.65 billion in FY2021 (+130.3%).
- Quarterly Total Liabilities has moved between $1.62 billion (Q1 2026) and $2.54 billion (Q3 2023) over five years.
- Compared with a year earlier, Total Liabilities has declined for three straight quarters, with an average decline of 10.3% over the last eight quarters.
- The best year-over-year quarter for Total Liabilities over five years was Q4 2021 (growth of 130.3%); the worst was Q3 2026 (a decline of 29.7%).
- Per Business Quant data, ENPH's Total Liabilities in the three quarters before Q3 2026 was $1.74 billion (Q2 2026), $1.62 billion (Q1 2026) and $2.42 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 220.58 Bn | 171.68 Bn | 3.11 Bn | 73.68 Bn |
| 2 | Bloom Energy | 56.91 Bn | 46.81 Bn | 417.10 Mn | 4.61 Bn |
| 3 | First Solar | 20.56 Bn | 11.92 Bn | 713.06 Mn | 3.14 Bn |
| 4 | Nextpower | 15.90 Bn | 11.61 Bn | 345.32 Mn | 1.99 Bn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 3.34 Bn |
| 6 | Generac Holdings | 11.11 Bn | 9.84 Bn | 516.04 Mn | 3.13 Bn |
| 7 | EnerSys | 5.54 Bn | 3.73 Bn | 313.36 Mn | 1.98 Bn |
| 8 | Mirion Technologies | 4.72 Bn | 3.08 Bn | 131.50 Mn | 1.67 Bn |
| 9 | Enphase Energy | 3.84 Bn | -474.64 Mn | 127.12 Mn | 1.64 Bn |
| 10 | QuantumScape | 2.84 Bn | -715.25 Mn | - | 123.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.64 Bn |
| Jun 30, 2026 | 1.74 Bn |
| 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 |
API Access
Enphase Energy Total Liabilities 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-liabilities&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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-liabilities&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();