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Enphase Energy ENPH Payments To Acquire Tax Equity Investment

Payments To Acquire Tax Equity Investment at other companies

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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 enph:PaymentsToAcquireTaxEquityInvestment.

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

Filed
Jul 28, 2026, 4:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001463101-26-000081

FAQ

What is Enphase Energy's payments to acquire tax equity investment?
Enphase Energy (ENPH) reported payments to acquire tax equity investment of $0 in Q2 2026.
How has Enphase Energy's payments to acquire tax equity investment changed year-over-year?
Enphase Energy's payments to acquire tax equity investment decreased by 100.0% year-over-year, from $1.4M to $0.
What does payments to acquire tax equity investment mean?
This represents cash outflows directed toward tax equity partnerships, often used to monetize tax credits associated with renewable energy projects. These investments allow the company to participate in the financial benefits of solar or storage deployments by leveraging tax incentives. It highlights the company's strategy for capital allocation and tax efficiency within the energy sector.

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