Enphase Energy, Inc.

ENPHNASDAQEnergy● Active

$56.07

$-12.32(-18.01%)

Market Cap$7.4B

P/E Ratio—

52W High$73.74

52W Low$25.78

Avg Volume7.3M

Open$66.55

Beta1.57

Cash on Hand Financials Revenue

Enphase Energy, Inc. (ENPH) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

ENPH · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$1.51B▼ -6.8% vs prior year

FY · as of Dec 31, 2025 · Reported in USD

Cash & Cash Equiv. (CCE)

$474.3M

cashAndCashEquivalents

Short-Term Investments

$1.04B

shortTermInvestments

YoY Change vs Prior Year

-6.8%

vs prior fiscal year

Latest Quarter

$930.6M

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$1.51BCash on Hand

Total Debt$1.24BTotal Debt

Net Cash / Net Debt+$269.1MNet Cash Position

Cash vs Debt Ratio

Cash 55%Enphase Energy, Inc. cash as % of market cap: 20.47%% · MCap $7BDebt 45%

Enphase Energy, Inc. has a net cash position of $269.1M, holding more cash than debt.

Net Cash = Cash & ST Investments − Total Debt$1.51B − $1.24B = +$269.1M

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

ENPH annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

ENPH cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$1.51B-6.8%

Dec 31, 2024FY$1.62B-4.3%

Dec 31, 2023FY$1.70B+5.1%

Dec 31, 2022FY$1.61B+58.6%

Dec 31, 2021FY$1.02B+49.6%

ENPH cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Energy Sector Cash Reserves Comparison

ENPH vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

Exxon Mobil Corporation

Enphase Energy, Inc.YOU

ENPH

$1.51B$7B20.5%

Energy sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Enphase Energy, Inc. (ENPH) cash on hand as of December 31, 2025 is $1.51B, comprising $474.3M in cash and cash equivalents (CCE) plus $1.04B in short-term investments — reported as Enphase Energy, Inc. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Enphase Energy, Inc. cash reserves or cash position.

Enphase Energy, Inc. annual cash on hand history shows decreased -6.8% in 2025: decreased -6.8% in 2025. Enphase Energy, Inc. cash reserves in 2025 reflect the company's capital allocation strategy.

Enphase Energy, Inc. carries total debt of $1.24B against cash of $1.51B, resulting in a net cash position of +$269.1M. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

ENPH cash on hand · 5 questions

As of December 31, 2025, Enphase Energy, Inc. (ENPH) has $1.51B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $474,318,000 in cash and cash equivalents (CCE) plus $1.04B in short-term investments. Latest quarter (March 31, 2026): $930,641,000. Data sourced from the annual 10-K filing via FMP.

ENPH cash on handENPH cash reservesENPH cash 2025how much cash does ENPH have

▸ Source: FMP /balance-sheet-statement · US GAAP · Enphase Energy, Inc. · Enphase Energy, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025