Enphase Energy (ENPH) Total Non-Current Liabilities (2011 - 2026)
Enphase Energy (ENPH) reported Total Non-Current Liabilities of $1.56 billion for Q2 2026, down 26.5% from $2.13 billion a year earlier but up 8.0% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Total Non-Current Liabilities (2011 - 2026) Analysis & Trends
At the end of FY2025, Enphase Energy posted Total Non-Current Liabilities of $2.24 billion, down 0.9% from FY2024.
- Total Non-Current Liabilities has a five-year compound annual growth rate of 26.8% (FY2020 to FY2025).
- By year, Total Non-Current Liabilities came in at $2.26 billion in FY2024 (+0.5%), $2.25 billion in FY2023 (+3.9%), $2.16 billion in FY2022 (+35.6%) and $1.6 billion in FY2021 (+134.1%).
- Five-year quarterly Total Non-Current Liabilities spans a low of $1.45 billion in Q1 2026 and a high of $2.39 billion in Q3 2023.
- Year over year, Total Non-Current Liabilities has now declined in each of the last six quarters, with an average decline of 8.9% over the last eight quarters.
- The high point for year-over-year Total Non-Current Liabilities in five years was Q3 2021 (growth of 138.1%); the low point was Q1 2026 (a decline of 32.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.45 billion (Q1 2026), $2.24 billion (Q4 2025) and $2.15 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 238.25 Bn | 198.17 Bn | 2.36 Bn | 60.10 Bn |
| 2 | Bloom Energy | 64.00 Bn | 55.79 Bn | 355.57 Mn | 3.98 Bn |
| 3 | First Solar | 18.75 Bn | 9.70 Bn | 605.00 Mn | 2.78 Bn |
| 4 | BWX Technologies | 12.32 Bn | 10.62 Bn | 202.31 Mn | 2.88 Bn |
| 5 | Nextpower | 11.91 Bn | 7.80 Bn | 335.85 Mn | 1.61 Bn |
| 6 | Generac Holdings | 11.42 Bn | 10.25 Bn | 521.81 Mn | - |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn | 1.79 Bn |
| 8 | Enphase Energy | 4.25 Bn | -607.94 Mn | 175.01 Mn | 1.50 Bn |
| 9 | Mirion Technologies | 3.72 Bn | 1.56 Bn | 133.10 Mn | 1.57 Bn |
| 10 | QuantumScape | 2.46 Bn | -1.28 Bn | - | 105.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.50 Bn |
| Mar 31, 2026 | 1.38 Bn |
| Dec 31, 2025 | 2.17 Bn |
| Sep 30, 2025 | 2.09 Bn |
| Jun 30, 2025 | 2.13 Bn |
| Mar 31, 2025 | 2.13 Bn |
| Dec 31, 2024 | 2.20 Bn |
| Sep 30, 2024 | 2.18 Bn |
| Jun 30, 2024 | 2.14 Bn |
| Mar 31, 2024 | 2.16 Bn |
| Dec 31, 2023 | 2.25 Bn |
| Sep 30, 2023 | 2.39 Bn |
| Jun 30, 2023 | 2.35 Bn |
| Mar 31, 2023 | 2.30 Bn |
| Dec 31, 2022 | 2.16 Bn |
| Sep 30, 2022 | 2.01 Bn |
| Jun 30, 2022 | 1.92 Bn |
| Mar 31, 2022 | 1.87 Bn |
| Dec 31, 2021 | 1.58 Bn |
| Sep 30, 2021 | 1.53 Bn |
API Access
Enphase Energy Total Non-Current 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-non-current-liabilities&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-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-non-current-liabilities&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();