What is Enphase Energy's PP&E (net)?

Enphase Energy (ENPH) reported PP&E (net) of $138.87M in Q1 2026.

How has Enphase Energy's PP&E (net) changed year-over-year?

Enphase Energy's PP&E (net) decreased by 2.4% year-over-year, from $142.22M to $138.87M.

What is the long-term trend for Enphase Energy's PP&E (net)?

Over 5 years (2020 to 2025), Enphase Energy's PP&E (net) has grown at a 26.1% compound annual growth rate (CAGR), from $42.99M to $136.8M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Enphase Energy ENPH PP&E (Net)

PP&E (Net) at other companies

Generac HoldingsGNRC

$819.62M+15.5%

EnerSysENS

$593M+0.1%

First SolarFSLR

$5.67B+0.5%

Monolithic Power SystemsMPWR

$693.86M+31.6%

Nextpower Inc. NXT

$78.36M+29.7%

AESAES

$39.29B+15.6%

Segments

By geography

See full

United States$107.45M—

India$22.98M—

CHINA$12.88M—

New Zealand$8.96M—

Mexico$6.03M—

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

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:PropertyPlantAndEquipmentNet.

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

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Questions, answered.

What is Enphase Energy's PP&E (net)?: Enphase Energy (ENPH) reported PP&E (net) of $138.87M in Q1 2026.
How has Enphase Energy's PP&E (net) changed year-over-year?: Enphase Energy's PP&E (net) decreased by 2.4% year-over-year, from $142.22M to $138.87M.
What is the long-term trend for Enphase Energy's PP&E (net)?: Over 5 years (2020 to 2025), Enphase Energy's PP&E (net) has grown at a 26.1% compound annual growth rate (CAGR), from $42.99M to $136.8M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.