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Enphase Energy ENPH United States — Long-Lived Assets

Other geography segments

India
$22.98M
CHINA
$12.88M
New Zealand
$8.96M
Mexico
$6.03M

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Other financials

Income statement

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Revenue$282.9M-20.6%
Gross profit$100.4M-40.3%
Operating income-$29.6M-193%
Net income-$7.4M-125%
EPS (diluted)-$0.06-127%

Balance sheet

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Cash & equivalents$497.5M+19.9%
Total debt$612.1M-50.4%
Total equity$1.1B+36.0%
Total assets$2.7B-12.3%

Cash flow

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Operating cash flow$102.9M+112%
CapEx$19.9M+36.2%
Free cash flow$83.0M+145%

Valuation

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Market cap$6.89B-39.7%
Enterprise value$7B-43.9%
P/E51×-25.9×
P/S4.9×-3.1×

Profitability

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Gross margin44.2%-3.7pp
Operating margin6.9%-2.9pp
Net margin9.6%-0.8pp
FCF margin10.4%-22.8pp

Returns & leverage

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Return on equity14.1%-3.0pp
Debt / equity0.6×-1.0×
Current ratio3.8×+1.9×

Where this comes from

Reported directly by Enphase Energy in its filing.

Tagged under the XBRL concept us-gaap:NoncurrentAssets.

The official record: Enphase Energy’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Enphase Energy's united states — long-lived assets?
Enphase Energy (ENPH) reported united states — long-lived assets of $103.19M in Q4 2025.
How has Enphase Energy's united states — long-lived assets changed year-over-year?
Enphase Energy's united states — long-lived assets decreased by 0.6% year-over-year, from $103.82M to $103.19M.
What does united states — long-lived assets mean?
This metric measures the total book value of non-current, physical, and intangible assets located within the United States, such as property, plant, and equipment. It reflects the scale of the company's regional operational footprint and the capital intensity required to support its local business activities. Analyzing this figure provides insight into the company's investment strategy and the asset base supporting its domestic revenue generation.