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Enphase Energy ENPH Accrued Expenses

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Other financials

Income statement

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Revenue$291.9M-19.6%
Gross profit$175.0M+2.7%
Operating income$51.5M+39.2%
Net income$36.1M-2.6%
EPS (diluted)$0.27-3.6%

Balance sheet

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Cash & equivalents$529.3M+42.9%
Total debt$613.4M-50.3%
Total equity$1.2B+34.2%
Total assets$2.9B-8.2%

Cash flow

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Operating cash flow$40.3M+51.4%
CapEx$14.4M+74.3%
Free cash flow$25.9M+41.1%

Valuation

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Market cap$5.53B+29.9%
Enterprise value$5.62B+9.6%
P/E41.3×+16.9×
P/S4.2×+1.3×

Profitability

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Gross margin46.9%-1.3pp
Operating margin8.3%-3.4pp
Net margin10.1%-1.7pp
FCF margin11.5%-13.7pp

Returns & leverage

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Return on equity13%-6.8pp
Debt / equity0.5×-0.9×
Current ratio3.5×+1.5×

Where this comes from

Reported directly by Enphase Energy in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Enphase Energy’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001463101-26-000081
Line itemJune 30,2026December 31,2025
Liability due to supply and service agreements76,56262,789
Duties and tariffs5,17230,499
Freight8,5178,034
Salaries, commissions, incentive compensation and benefits14,6299,529
Income tax payable2,0494,919
Operating lease liabilities9,1038,211
VAT payable5,1142,226
Liabilities related to restructuring accruals715190

Item 1. Financial Statements (unaudited)

FAQ

What is Enphase Energy's accrued expenses?
Enphase Energy (ENPH) reported accrued expenses of $14.63M in Q2 2026.
How has Enphase Energy's accrued expenses changed year-over-year?
Enphase Energy's accrued expenses increased by 26.5% year-over-year, from $11.57M to $14.63M.
What is the long-term trend for Enphase Energy's accrued expenses?
Over 5 years (2020 to 2025), Enphase Energy's accrued expenses has grown at a 23.2% compound annual growth rate (CAGR), from $76.54M to $217.37M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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