Enphase Energy, Inc. (ENPH) Operating Cash Flow CAGR:-62.76%(TTM)
Operating cash flow CAGR uses precomputed cash-flow statement history (cash from operations, before capital expenditures).
Over longer horizons, Enphase Energy, Inc.'s Operating Cash Flow CAGR averages -40.09% over 3 years and -5.46% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Operating cash flow CAGR measures the compound annual growth rate of the cash Enphase Energy, Inc. generates from its core business operations, before capital expenditures, computed from rolling-twelve-month cash-flow statement history.
ENPH Operating Cash Flow CAGR Chart
Enphase Energy, Inc. (ENPH)
ENPH Quarterly Operating Cash Flow Growth (YoY)
Operating Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
ENPH Operating Cash Flow CAGR History
| Year | Start OCF | End OCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $513.69M | $136.54M | $-377.15M | -73.42% | -73.42% |
| 2024 | $696.78M | $513.69M | $-183.09M | -26.28% | -26.28% |
| 2023 | $744.82M | $696.78M | $-48.04M | -6.45% | -6.45% |
| 2022 | $352.03M | $744.82M | +$392.79M | +111.58% | +111.58% |
| 2021 | $216.33M | $352.03M | +$135.69M | +62.72% | +62.72% |
| 2020 | $139.07M | $216.33M | +$77.27M | +55.56% | +55.56% |
| 2019 | $16.13M | $139.07M | +$122.94M | +762.06% | +762.06% |
| 2018 | $-28.44M | $16.13M | +$44.57M | N/A | N/A |
| 2017 | $-32.95M | $-28.44M | +$4.51M | N/A | N/A |
| 2016 | $-21.16M | $-32.95M | $-11.79M | N/A | N/A |
| 2015 | $24.22M | $-21.16M | $-45.38M | -187.36% | N/A |
| 2014 | $-872.00K | $24.22M | +$25.09M | N/A | N/A |
| 2013 | $-44.65M | $-872.00K | +$43.77M | N/A | N/A |
| 2012 | $-367.00K | $-44.65M | $-44.28M | N/A | N/A |
| 2011 | $-17.85M | $-367.00K | +$17.48M | N/A | N/A |
| 2010 | $-18.89M | $-17.85M | +$1.03M | N/A | N/A |
| 2009 | $-12.23M | $-18.89M | $-6.65M | N/A | N/A |
Quarterly Operating Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $102.87M | +116.2% | +112.5% |
| Q4 2025 | $47.58M | +241.9% | -71.6% |
| Q3 2025 | $13.92M | -47.7% | -91.8% |
| Q2 2025 | $26.63M | -45.0% | -79.0% |
| Q1 2025 | $48.41M | -71.1% | -1.6% |
| Q4 2024 | $167.29M | -1.7% | +371.9% |
| Q3 2024 | $170.14M | +33.9% | +16.6% |
| Q2 2024 | $127.06M | +158.3% | -52.8% |
| Q1 2024 | $49.20M | +38.8% | -80.0% |
| Q4 2023 | $35.45M | -75.7% | -86.0% |
| Q3 2023 | $145.85M | -45.8% | -22.4% |
| Q2 2023 | $269.24M | +9.3% | +34.2% |
| Q1 2023 | $246.23M | -2.9% | +140.4% |
| Q4 2022 | $253.71M | +34.9% | +161.1% |
| Q3 2022 | $188.01M | -6.3% | +65.9% |
| Q2 2022 | $200.65M | +95.9% | +205.6% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
About Enphase Energy, Inc.
Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.
- Sector
- Energy
- Industry
- Solar
- CEO
- Badrinarayanan Kothandaraman