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Enphase Energy ENPH Standard Product Warranty Accrual

Standard Product Warranty Accrual at other companies

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$41.62M-25.9%
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$34.9M-16.1%
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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

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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:ProductWarrantyAccrual.

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 standard product warranty accrual?
Enphase Energy (ENPH) reported standard product warranty accrual of $204.21M in Q1 2026.
How has Enphase Energy's standard product warranty accrual changed year-over-year?
Enphase Energy's standard product warranty accrual increased by 0.4% year-over-year, from $203.45M to $204.21M.
What is the long-term trend for Enphase Energy's standard product warranty accrual?
Over 5 years (2020 to 2025), Enphase Energy's standard product warranty accrual has grown at a 36.1% compound annual growth rate (CAGR), from $45.91M to $214.04M.
What does standard product warranty accrual mean?
This metric represents the estimated liability for future repair or replacement costs associated with standard product warranties provided to customers. It reflects the company's anticipated financial obligation based on historical failure rates and the expected duration of warranty coverage for installed hardware. Monitoring this accrual provides insight into product quality reliability and the potential long-term service costs inherent in the company's hardware business model.