Skip to content

Enphase Energy ENPH Free cash flow

Free cash flow at other companies

Tesla, Inc. logo
Tesla, Inc.TSLA
$1.44B+117%
Quanta Services logo
Quanta ServicesPWR
$171.65M+55.4%
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
$179.4M-17.0%
Generac Holdings logo
Generac HoldingsGNRC
EnerSys logo
EnerSysENS
First Solar logo
First SolarFSLR

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$102.9M+112%
CapEx$19.9M+36.2%

Valuation

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

Profitability

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

Returns & leverage

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

Where this comes from

Calculated from Enphase Energy’s reported figures.

The official record: Enphase Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about Enphase Energy's free cash flow.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Enphase Energy's free cash flow?
Enphase Energy (ENPH) reported free cash flow of $82.97M in Q1 2026.
How has Enphase Energy's free cash flow changed year-over-year?
Enphase Energy's free cash flow increased by 145.4% year-over-year, from $33.81M to $82.97M.
What is the long-term trend for Enphase Energy's free cash flow?
Over 4 years (2021 to 2025), Enphase Energy's free cash flow has grown at a -24.8% compound annual growth rate (CAGR), from $299.77M to $95.9M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.