# Enphase Energy, Inc. (ENPH)

> Energy · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/ENPH/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 574.75M | $ 28.67M | $ 108.90M | $ 613.37M | $ 1.18B |
| 2025 | $ 1.51B | $ 176.25M | $ 98.19M | $ 1.21B | $ 1.09B |
| 2024 | $ 1.40B | $ 107.90M | $ 504.61M | $ 1.33B | $ 833.02M |
| 2023 | $ 2.48B | $ 474.60M | $ 634.02M | $ 1.30B | $ 983.62M |
| 2022 | $ 2.60B | $ 443.90M | $ 780.16M | $ 1.29B | $ 825.57M |
| 2021 | $ 1.64B | $ 172.89M | $ 356.32M | $ 1.04B | $ 430.17M |
| 2020 | $ 986.56M | $ 170.70M | $ 249.40M | $ 350.62M | $ 483.99M |
| 2019 | $ 805.86M | $ 208.00M | $ 160.41M | $ 108.71M | $ 272.21M |
| 2018 | $ 417.55M | $ -15.36M | $ 15.82M | $ 109.78M | $ 7.78M |
| 2017 | $ 385.51M | $ -60.88M | $ -43.87M | $ 49.75M | $ -9.13M |
| 2016 | $ 443.83M | $ -92.82M | $ -63.01M | $ 33.90M | $ 1.30M |
| 2015 | $ 501.59M | $ -31.00M | $ -47.63M | $ 17.00M | $ 41.45M |
| 2014 | $ 485.94M | $ -11.38M | $ 14.45M | $ 0 | $ 46.95M |
| 2013 | $ 331.16M | $ -36.85M | $ -10.14M | $ 8.68M | $ 40.21M |
| 2012 | $ 312.83M | $ -55.18M | $ -83.21M | $ 11.06M | $ 56.66M |
| 2011 | $ 219.67M | $ -47.44M | $ -22.08M | $ 14.68M | $ 33.09M |
| 2010 | $ 93.36M | $ -32.97M | $ -31.97M | $ 6.90M | $ 38.48M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.52 |
| Liabilities / Eq | 1.47 |
| Current Ratio | 3.45 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 3.69 |
| Gross Debt / FCF | 2.17 |

## Other views

- [Metrics](https://sponda.capital/en/ENPH.md)
- [Charts](https://sponda.capital/en/ENPH/charts.md)
- [Compare](https://sponda.capital/en/ENPH/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.