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Enphase Energy ENPH Interest Expense

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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$5.15B+30.7%
Enterprise value$5.23B+9.0%
P/E38.4×+15.9×
P/S3.9×+1.2×

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:InterestExpenseNonoperating.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Income from operations51,51937,00721,87668,929
Other income, net
Interest income12,15414,91124,77931,943
Interest expense(327)(815)(960)(2,862)
Other income (expense), net(1,447)(8,898)2,344(8,912)
Total other income, net10,3805,19826,16320,169
Income before income taxes61,89942,20548,03989,098
Income tax provision(25,820)(5,153)(19,366)(22,316)

Item 1. Financial Statements (unaudited)

FAQ

What is Enphase Energy's interest expense?
Enphase Energy (ENPH) reported interest expense of $327K in Q2 2026.
How has Enphase Energy's interest expense changed year-over-year?
Enphase Energy's interest expense decreased by 59.9% year-over-year, from $815K to $327K.
What is the long-term trend for Enphase Energy's interest expense?
Over 4 years (2021 to 2025), Enphase Energy's interest expense has grown at a -43.7% compound annual growth rate (CAGR), from $45.15M to $4.52M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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