Enphase Energy Quarterly Balance Sheet
NASDAQ: ENPHTechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Enphase Energy financial position
As of Mar 31, 2026, Enphase Energy reported total assets of $2.72 billion, down 12.3% from a year earlier against total liabilities of $1.62 billion. Shareholders' equity stood at $1.10 billion, or 40.5% of assets. The company held $497.5 million in cash and equivalents against $572.5 million of debt, a net debt position of $75.0 million.
The current ratio (current assets divided by current liabilities) was 3.80, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.52.
Summary generated from market data by MetaCap's automated system. Methodology
Enphase Energy balance sheet (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 497.55M | 474.32M | 401.88M | 370.54M | 350.08M | 369.11M | 256.32M | 252.10M | 253.65M | 288.75M | 290.07M | 278.68M |
| Short-Term Investments | 433.10M | 1.04B | 1.08B | 1.16B | 1.12B | 1.25B | 1.51B | 1.39B | 1.38B | 1.41B | 1.49B | 1.52B |
| Receivables | 196.58M | 229.88M | 265.51M | 223.22M | 225.63M | 223.75M | 232.22M | 277.48M | 364.36M | 445.96M | 560.29M | 520.31M |
| Inventory | 290.70M | 288.05M | 188.65M | 173.02M | 144.03M | 165.00M | 158.84M | 176.07M | 207.89M | 213.59M | 174.11M | 166.11M |
| Total Current Assets | 1.83B | 2.61B | 2.39B | 2.29B | 2.20B | 2.33B | 2.36B | 2.24B | 2.30B | 2.44B | 2.60B | 2.56B |
| Property, Plant & Equipment | 138.87M | 136.80M | 131.32M | 136.90M | 142.22M | 147.51M | 148.44M | 152.07M | 158.30M | 168.24M | 173.00M | 151.66M |
| Goodwill | 213.74M | 214.76M | 214.41M | 214.89M | 212.36M | 211.57M | 214.29M | 213.24M | 213.63M | 214.56M | 213.19M | 214.29M |
| Intangible Assets | 17.56M | 22.29M | 27.33M | 32.38M | 37.41M | 42.40M | 51.15M | 56.72M | 62.63M | 68.54M | 79.15M | 85.96M |
| Total Assets | 2.72B | 3.51B | 3.32B | 3.18B | 3.11B | 3.25B | 3.26B | 3.17B | 3.23B | 3.38B | 3.55B | 3.47B |
| Accounts Payable | 113.46M | 203.04M | 188.57M | 162.70M | 115.37M | 90.03M | 112.42M | 79.65M | 71.75M | 116.16M | 90.12M | 79.08M |
| Short-Term Debt | 0 | 632.18M | 631.68M | 631.18M | 630.68M | 101.29M | 99.93M | 98.59M | 97.26M | 0 | 94.67M | 93.38M |
| Total Current Liabilities | 481.78M | 1.26B | 1.17B | 1.16B | 1.16B | 660.09M | 567.48M | 529.63M | 554.10M | 532.45M | 774.39M | 743.61M |
| Long-Term Debt | 572.51M | 572.19M | 571.87M | 571.54M | 571.21M | 1.20B | 1.20B | 1.20B | 1.20B | 1.29B | 1.20B | 1.20B |
| Total Liabilities | 1.62B | 2.42B | 2.33B | 2.30B | 2.30B | 2.42B | 2.33B | 2.28B | 2.31B | 2.40B | 2.54B | 2.49B |
| Shareholders' Equity | 1.10B | 1.09B | 995.02M | 880.64M | 810.70M | 833.02M | 931.37M | 884.52M | 922.72M | 983.62M | 1.01B | 972.59M |
| Retained Earnings | -211.30M | -203.90M | -242.58M | -309.22M | -315.86M | -245.21M | -104.93M | -100.89M | -11.82M | 46.27M | 125.35M | 189.54M |
| Total Debt | 572.51M | 1.20B | 1.20B | 1.20B | 1.20B | 1.30B | 1.30B | 1.30B | 1.30B | 1.29B | 1.29B | 1.29B |
| Net Cash (Debt) | 358.13M | 308.48M | 274.38M | 327.46M | 264.97M | 320.21M | 466.43M | 348.38M | 333.73M | 401.30M | 492.27M | 506.00M |
| Shares Outstanding | 131.78M | 131.08M | 130.85M | 130.74M | 131.19M | 132.45M | 135.08M | 135.40M | 135.99M | 135.72M | 136.51M | 136.01M |
This table shows 12 quarterly periods of Enphase Energy's balance sheet, from Q1 2026 back to Q2 2023, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow ENPH's reporting calendar. What is a balance sheet?