Enphase Energy, Inc.

ENPH Technology Solar

Enphase Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 10.7% from fiscal 2024.

Revenue
−28.5%
EPS
−65.3%
Free cash flow
−293.2%
Total debt
−52.4%

Quarter to September 2026, against a year earlier

28.17 0.80 −2.76%
Market cap
$3.8B
P/E
42.5×
Fwd P/E
82.4×
Dividend yield
—
F-score
6/9
Altman Z
1.99
Beneish M
−2.40
Dividend safety
n/a

Enphase Energy, Inc. (ENPH) Total debt

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Enphase Energy, Inc.'s total debt at the end of fiscal 2025 was $1.2B, down 7.52% from $1.3B in fiscal 2024. At the end of the quarter to 30 September 2026 it was $573.2M. Over the past ten years it has ranged from $23.8M (fiscal 2016) to $1.3B (fiscal 2024); the current reading is higher than 70% of that period. Enphase Energy, Inc. ranks 5th of 23 Solar companies by total debt.

Total debt, annual

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Annual newest first

Period Total debt Change
FY2025 $1.2B (7.52%)
FY2024 $1.3B 0.67%
FY2023 $1.3B 0.26%
FY2022 $1.3B 24.35%
FY2021 $1.0B 213.62%
FY2020 $330.9M 213.49%
FY2019 $105.5M (3.86%)
FY2018 $109.8M 120.66%
FY2017 $49.8M 109.04%
FY2016 $23.8M —

Quarterly newest first

Period Total debt Change
Sep 2026 $573.2M 0.06%
Jun 2026 $572.8M 0.06%
Mar 2026 $572.5M (52.46%)
Dec 2025 $1.2B 0.07%
37 more quarters

Against its own ten years

Low $23.8M High $1.3B
Ten-year median $684.3M
Current reading's percentile 70

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

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