Companies: 10,795·Total market cap: $144.5T
Enphase Energy, Inc.

Enphase Energy, Inc.

ENPHNASDAQEnergy● Active
$57.85
+$1.78(+3.17%)
Market Cap$7.6B
P/E Ratio—
52W High$73.74
52W Low$25.78
Overview

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

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 & 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%Debt 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

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

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$1.51B-6.8%
Dec 31, 2024$1.62B-4.3%
Dec 31, 2023$1.70B+5.1%
Dec 31, 2022$1.61B+58.6%
Dec 31, 2021$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

#CompanyCash & ST Inv.Cash/MCap
#1
Shell plc
Shell plc
SHEL
$30.22B12.4%#2
TotalEnergies SE
TotalEnergies SE
TTE
$29.54B14.9%#3
Exxon Mobil Corporation
Exxon Mobil Corporation
XOM
$10.68B1.7%#4
Chevron Corporation
Chevron Corporation
CVX
$6.47B1.7%
#5
Enphase Energy, Inc.
Enphase Energy, Inc.YOU
ENPH
$1.51B19.5%
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 statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice 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