What is Enphase Energy's inventories?

Enphase Energy (ENPH) reported inventories of $290.7M in Q1 2026.

How has Enphase Energy's inventories changed year-over-year?

Enphase Energy's inventories increased by 101.8% year-over-year, from $144.03M to $290.7M.

What is the long-term trend for Enphase Energy's inventories?

Over 5 years (2020 to 2025), Enphase Energy's inventories has grown at a 47.1% compound annual growth rate (CAGR), from $41.76M to $288.05M.

What does inventories mean?

Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

Enphase Energy ENPH Inventories

Inventories at other companies

Tesla, Inc.TSLA

$14.43B+5.3%

Generac HoldingsGNRC

$1.25B+14.3%

EnerSysENS

$724.69M-2.1%

Quanta ServicesPWR

$446.89M+69.9%

First SolarFSLR

$216.99M-21.6%

Nextpower Inc. NXT

$262.28M+25.2%

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%

Free cash flow$83.0M+145%

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

Reported directly by Enphase Energy in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

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 inventories.

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

Connect your AI

Claude

Questions, answered.

What is Enphase Energy's inventories?: Enphase Energy (ENPH) reported inventories of $290.7M in Q1 2026.
How has Enphase Energy's inventories changed year-over-year?: Enphase Energy's inventories increased by 101.8% year-over-year, from $144.03M to $290.7M.
What is the long-term trend for Enphase Energy's inventories?: Over 5 years (2020 to 2025), Enphase Energy's inventories has grown at a 47.1% compound annual growth rate (CAGR), from $41.76M to $288.05M.
What does inventories mean?: Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.