Enphase Energy, Inc.
ENPHAPI behind this page
ENPH Q1 2026 request
Playground key active
/api/financials?ticker=ENPH&year=2026&quarter=1
Pick an endpoint and run the request.
Income Statement
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Revenue (Q) | — | — | — |
Show Business Segments breakouts |
|||
| Reportable Segment | 282,900 | 356,084 | -20.6% |
Show Geography breakouts |
|||
| Non Us | 48,995 | 92,846 | -47.2% |
| US | 233,905 | 263,238 | -11.1% |
Show — breakouts |
|||
| Revenue | 282,900 | 356,084 | -20.6% |
Show Timing Of Transfer Of Good Or Service breakouts |
|||
| Transferred At Point In Time | 253,982 | 322,886 | -21.3% |
| Transferred Over Time | 28,918 | 33,198 | -12.9% |
| Cost of Revenue (Q) | — | — | — |
Show — breakouts |
|||
| Cost of Revenue | 182,507 | 187,843 | -2.8% |
| Gross Profit (Q) | — | — | — |
Show — breakouts |
|||
| Gross Profit | 100,393 | 168,241 | -40.3% |
| Research & Development (Q) | — | — | — |
Show — breakouts |
|||
| Research & Development | 44,867 | 50,174 | -10.6% |
| Sales & Marketing (Q) | — | — | — |
Show — breakouts |
|||
| Sales & Marketing | 48,087 | 48,948 | -1.8% |
| General & Administrative (Q) | — | — | — |
Show — breakouts |
|||
| General & Administrative | 33,255 | 34,035 | -2.3% |
| Operating Expenses (Q) | — | — | — |
Show — breakouts |
|||
| Operating Expenses | 130,036 | 136,319 | -4.6% |
| Operating Income (Q) | — | — | — |
Show Business Segments breakouts |
|||
| Reportable Segment | -29,643 | 31,922 | -192.9% |
Show — breakouts |
|||
| Operating Income | -29,643 | 31,922 | -192.9% |
| Non-Operating Income (Expense) (Q) | — | — | — |
Show Business Segments breakouts |
|||
| Reportable Segment | 15,783 | 14,971 | +5.4% |
Show — breakouts |
|||
| Non-Operating Income (Expense) | 15,783 | 14,971 | +5.4% |
| Interest Expense (Q) | — | — | — |
Show — breakouts |
|||
| Interest Expense | 633 | 2,047 | -69.1% |
| Other Non-Operating Income (Expense) (Q) | — | — | — |
Show — breakouts |
|||
| Other Non-Operating Income (Expense) | 3,791 | -14 | +27178.6% |
| Income Before Taxes (Q) | — | — | — |
Show Business Segments breakouts |
|||
| Reportable Segment | -13,860 | 46,893 | -129.6% |
Show — breakouts |
|||
| Income Before Taxes | -13,860 | 46,893 | -129.6% |
| Income Tax Expense (Benefit) (Q) | — | — | — |
Show Business Segments breakouts |
|||
| Reportable Segment | -6,454 | 17,163 | -137.6% |
Show — breakouts |
|||
| Income Tax Expense (Benefit) | -6,454 | 17,163 | -137.6% |
| Net Income (Q) | — | — | — |
Show Business Segments breakouts |
|||
| Reportable Segment | -7,406 | 29,730 | -124.9% |
Show Equity Components breakouts |
|||
| Retained Earnings | -7,406 | 29,730 | -124.9% |
Show — breakouts |
|||
| Net Income | -7,406 | 29,730 | -124.9% |
| Comprehensive Income (Q) | — | — | — |
Show — breakouts |
|||
| Comprehensive Income | -14,976 | 34,472 | -143.4% |
| EPS (Basic) (Q) | — | — | — |
Show — breakouts |
|||
| EPS (Basic) | -0.06 | 0.23 | -126.1% |
| EPS (Diluted) (Q) | — | — | — |
Show — breakouts |
|||
| EPS (Diluted) | -0.06 | 0.22 | -127.3% |
| Wtd Avg Shares (Basic) (Q) | — | — | — |
Show — breakouts |
|||
| Wtd Avg Shares (Basic) | 131,337 | 131,869 | -0.4% |
| Wtd Avg Shares (Diluted) (Q) | — | — | — |
Show — breakouts |
|||
| Wtd Avg Shares (Diluted) | 131,337 | 136,208 | -3.6% |
Balance Sheet
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents (Q) | — | — | — |
Show — breakouts |
|||
| Cash & Cash Equivalents | 497,546 | 350,077 | +42.1% |
| Marketable Securities (Current) (Q) | — | — | — |
Show — breakouts |
|||
| Marketable Securities (Current) | 433,095 | 1,116,780 | -61.2% |
| Accounts Receivable (Q) | — | — | — |
Show — breakouts |
|||
| Accounts Receivable | 196,578 | 225,625 | -12.9% |
| Inventory (Q) | — | — | — |
Show — breakouts |
|||
| Inventory | 290,701 | 144,025 | +101.8% |
| Prepaid Expenses & Other Current Assets (Q) | — | — | — |
Show — breakouts |
|||
| Prepaid Expenses & Other Current Assets | 412,351 | 295,725 | +39.4% |
| Total Current Assets (Q) | — | — | — |
Show — breakouts |
|||
| Total Current Assets | 1,830,271 | 2,197,245 | -16.7% |
| Non-Current Assets | |||
| Property, Plant & Equipment (Q) | — | — | — |
Show — breakouts |
|||
| Property, Plant & Equipment | 138,873 | 142,219 | -2.4% |
| Operating Lease Right-of-Use Assets (Q) | — | — | — |
Show — breakouts |
|||
| Operating Lease Right-of-Use Assets | 34,800 | 27,949 | +24.5% |
| Goodwill (Q) | — | — | — |
Show — breakouts |
|||
| Goodwill | 213,744 | 212,359 | +0.7% |
| Intangible Assets (Q) | — | — | — |
Show — breakouts |
|||
| Intangible Assets | 17,276 | 37,122 | -53.5% |
Show Finite Lived Intangible Assets By Major Class breakouts |
|||
| Customer Relationships | 7,596 | 13,799 | -45.0% |
| Developed Technology Rights | 4,100 | 10,221 | -59.9% |
| Trade Names | 5,580 | 13,102 | -57.4% |
| Deferred Tax Assets (Q) | — | — | — |
Show — breakouts |
|||
| Deferred Tax Assets | 311,767 | 305,408 | +2.1% |
| Other Non-Current Assets (Q) | — | — | — |
Show — breakouts |
|||
| Other Non-Current Assets | 211,706 | 211,447 | +0.1% |
| Total Assets (Q) | — | — | — |
Show — breakouts |
|||
| Total Assets | 2,723,923 | 3,106,086 | -12.3% |
| Current Liabilities | |||
| Accounts Payable (Q) | — | — | — |
Show — breakouts |
|||
| Accounts Payable | 113,462 | 115,374 | -1.7% |
| Accrued Liabilities (Q) | — | — | — |
Show — breakouts |
|||
| Accrued Liabilities | 195,584 | 212,169 | -7.8% |
| Deferred Revenue (Current) (Q) | — | — | — |
Show — breakouts |
|||
| Deferred Revenue (Current) | 144,325 | 167,771 | -14.0% |
| Total Current Liabilities (Q) | — | — | — |
Show — breakouts |
|||
| Total Current Liabilities | 481,783 | 1,159,289 | -58.4% |
| Non-Current Liabilities | |||
| Long-Term Debt (Q) | — | — | — |
Show Debt Instrument breakouts |
|||
| Convertible Senior Notes Due2028 · Convertible Notes Payable | 572,510 | 571,214 | +0.2% |
Show — breakouts |
|||
| Long-Term Debt | 572,510 | 1,201,891 | -52.4% |
| Long-Term Debt (Q) | — | — | — |
Show — breakouts |
|||
| Long-Term Debt | 572,510 | 571,214 | +0.2% |
| Operating Lease Liabilities (Q) | — | — | — |
Show — breakouts |
|||
| Operating Lease Liabilities | 31,014 | 26,560 | +16.8% |
| Other Non-Current Liabilities (Q) | — | — | — |
Show — breakouts |
|||
| Other Non-Current Liabilities | 65,252 | 61,032 | +6.9% |
| Total Liabilities (Q) | — | — | — |
Show — breakouts |
|||
| Total Liabilities | 1,621,571 | 2,295,388 | -29.4% |
| Contract With Customer Liability Noncurrent (Q) | — | — | — |
Show — breakouts |
|||
| Contract With Customer Liability Noncurrent | 326,231 | 333,704 | -2.2% |
| Stockholders' Equity | |||
| Common Stock (Q) | — | — | — |
Show — breakouts |
|||
| Common Stock | 1 | 1 | 0.0% |
| Additional Paid-In Capital (Q) | — | — | — |
Show — breakouts |
|||
| Additional Paid-In Capital | 1,319,469 | 1,128,163 | +17.0% |
| Retained Earnings (Q) | — | — | — |
Show — breakouts |
|||
| Retained Earnings | -211,302 | -315,856 | +33.1% |
| Accumulated Other Comprehensive Income (Q) | — | — | — |
Show — breakouts |
|||
| Accumulated Other Comprehensive Income | -5,816 | -1,610 | -261.2% |
| Total Stockholders' Equity (Q) | — | — | — |
Show Equity Components breakouts |
|||
| Accumulated Other Comprehensive Income | -5,816 | -1,610 | -261.2% |
| Common Stock Including Additional Paid In Capital | 1,319,470 | 1,128,164 | +17.0% |
| Retained Earnings | -211,302 | -315,856 | +33.1% |
Show — breakouts |
|||
| Total Stockholders' Equity | 1,102,352 | 810,698 | +36.0% |
| Total Liabilities & Equity (Q) | — | — | — |
Show — breakouts |
|||
| Total Liabilities & Equity | 2,723,923 | 3,106,086 | -12.3% |
Cash Flow Statement
| Metric | YTD Q1 2026 | YTD Q1 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization (Q) | — | — | — |
Show — breakouts |
|||
| Depreciation & Amortization | 20,815 | 19,915 | +4.5% |
| Stock-Based Compensation (Q) | — | — | — |
Show — breakouts |
|||
| Stock-Based Compensation | 48,991 | 55,633 | -11.9% |
| Change in Accounts Receivable (Q) | — | — | — |
Show — breakouts |
|||
| Change in Accounts Receivable | -41,555 | -1,760 | -2261.1% |
| Change in Inventory (Q) | — | — | — |
Show — breakouts |
|||
| Change in Inventory | 2,654 | -20,979 | +112.7% |
| Change in Deferred Revenue (Q) | — | — | — |
Show — breakouts |
|||
| Change in Deferred Revenue | -45,084 | -82,357 | +45.3% |
| Change in Prepaid & Other Assets (Q) | — | — | — |
Show — breakouts |
|||
| Change in Prepaid & Other Assets | -155,340 | 75,553 | -305.6% |
| Net Cash from Operations (Q) | — | — | — |
Show — breakouts |
|||
| Net Cash from Operations | 102,871 | 48,414 | +112.5% |
| Investing Activities | |||
| Capital Expenditures (Q) | — | — | — |
Show — breakouts |
|||
| Capital Expenditures | 19,898 | 14,608 | +36.2% |
| Net Cash from Investing (Q) | — | — | — |
Show — breakouts |
|||
| Net Cash from Investing | 576,383 | 113,060 | +409.8% |
| Financing Activities | |||
| Tax Withholding for Share Compensation (Q) | — | — | — |
Show — breakouts |
|||
| Tax Withholding for Share Compensation | 18,686 | 12,110 | +54.3% |
| Amortization of Financing Costs (Q) | — | — | — |
Show Debt Instrument breakouts |
|||
| Convertible Senior Notes Due2026 · Convertible Notes Payable | 317 | 485 | -34.6% |
| Convertible Senior Notes Due2028 · Convertible Notes Payable | 316 | 316 | 0.0% |
| Net Cash from Financing (Q) | — | — | — |
Show — breakouts |
|||
| Net Cash from Financing | -651,186 | -214,175 | -204.0% |
| Supplemental | |||
| Unpaid Capital Expenditures (Q) | — | — | — |
Show — breakouts |
|||
| Unpaid Capital Expenditures | 12,044 | 4,207 | +186.3% |
| Other Cash Flow | |||
| Net Change in Cash (Q) | — | — | — |
Show — breakouts |
|||
| Net Change in Cash | 23,228 | -49,026 | +147.4% |
Values in thousands USD. Source: SEC EDGAR 10-Q filing.