Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
40.92
-0.95 (-2.27%)
At close: Aug 10, 2026, 4:00 PM EDT
40.85
-0.07 (-0.17%)
After-hours: Aug 10, 2026, 7:33 PM EDT
Enphase Energy Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 529.34 | 474.32 | 369.11 | 288.75 | 473.24 | 119.32 |
Short-Term Investments | 408.36 | 1,039 | 1,253 | 1,406 | 1,140 | 897.34 |
Cash & Short-Term Investments | 937.71 | 1,513 | 1,623 | 1,695 | 1,613 | 1,017 |
Cash Growth | -38.72% | -6.76% | -4.27% | 5.10% | 58.64% | 49.64% |
Accounts Receivable | 273.61 | 229.88 | 223.75 | 445.96 | 440.9 | 333.63 |
Inventory | 285.02 | 288.05 | 165 | 213.6 | 149.71 | 74.4 |
Other Current Assets | 454.2 | 576.08 | 315.74 | 88.93 | 60.82 | 37.78 |
Total Current Assets | 1,951 | 2,607 | 2,327 | 2,444 | 2,264 | 1,462 |
Net Property, Plant & Equipment | 136.45 | 136.8 | 147.51 | 188.13 | 132.75 | 96.59 |
Other Intangible Assets | 13.08 | 22.29 | 42.4 | 68.54 | 99.54 | 97.76 |
Goodwill | 213.23 | 214.76 | 211.57 | 214.56 | 213.56 | 181.25 |
Other Long-Term Assets | 605.96 | 529.08 | 521.11 | 468.27 | 374.16 | 241.2 |
Total Assets | 2,919 | 3,510 | 3,250 | 3,383 | 3,084 | 2,079 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 124.59 | 203.04 | 90.03 | 116.16 | 125.09 | 113.77 |
Accrued Expenses | 188.52 | 217.37 | 196.89 | 261.92 | 295.94 | 157.91 |
Current Portion of Long-Term Debt | - | 632.18 | 101.29 | - | 90.89 | 86.05 |
Unearned Revenue | 224.27 | 180.52 | 237.23 | 118.3 | 90.75 | 62.67 |
Other Current Liabilities | 27.78 | 29.04 | 34.66 | 36.07 | 35.56 | 19.4 |
Total Current Liabilities | 565.16 | 1,262 | 660.09 | 532.45 | 638.22 | 439.8 |
Long-Term Debt | 572.84 | 572.19 | 1,201 | 1,294 | 1,199 | 951.59 |
Other Long-Term Liabilities | 599.42 | 588.43 | 555.48 | 573.2 | 421.02 | 257.7 |
Total Long-Term Liabilities | 1,172 | 1,161 | 1,757 | 1,867 | 1,620 | 1,209 |
Total Liabilities | 1,737 | 2,423 | 2,417 | 2,399 | 2,259 | 1,649 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Additional Paid-in Capital | 1,365 | 1,289 | 1,085 | 939.34 | 819.12 | 837.92 |
Accumulated Other Comprehensive Income | -7.6 | 1.75 | -6.35 | -1.99 | -10.88 | -2.02 |
Retained Earnings | -175.22 | -203.9 | -245.21 | 46.27 | 17.34 | -405.74 |
Shareholders' Equity | 1,182 | 1,087 | 833.02 | 983.62 | 825.57 | 430.17 |
Total Liabilities & Equity | 2,919 | 3,510 | 3,250 | 3,383 | 3,084 | 2,079 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 572.84 | 1,204 | 1,302 | 1,294 | 1,290 | 1,038 |
Net Cash (Debt) | 364.87 | 308.48 | 320.21 | 401.3 | 322.49 | -21 |
Net Cash Growth | 11.42% | -3.66% | -20.21% | 24.44% | - | - |
Net Cash Per Share | 2.74 | 2.29 | 2.29 | 2.80 | 2.23 | -0.15 |
Book Value | 1,182 | 1,087 | 833.02 | 983.62 | 825.57 | 430.17 |
Book Value Per Share | 8.87 | 8.06 | 5.95 | 6.86 | 5.72 | 3.01 |
Tangible Book Value | 955.52 | 849.98 | 579.05 | 700.53 | 512.47 | 151.16 |
Tangible Book Value Per Share | 7.17 | 6.30 | 4.14 | 4.89 | 3.55 | 1.06 |