Enphase Energy annual capital expenditures (capex)
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Enphase Energy Capital Expenditures (CapEx) Growth & History (ENPH)
Enphase Energy's capital expenditures (capex) was $40.6M for fiscal 2025.
View full Enphase Energy company overviewEnphase Energy annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $40.6M | $7.0M | +20.94% |
| 2024 | 2024-12-31 | $33.6M | −$76.8M | −69.56% |
| 2023 | 2023-12-31 | $110.4M | $64.0M | +137.71% |
| 2022 | 2022-12-31 | $46.4M | −$5.8M | −11.13% |
| 2021 | 2021-12-31 | $52.3M | $31.7M | +154.20% |
| 2020 | 2020-12-31 | $20.6M | $5.8M | +39.02% |
| 2019 | 2019-12-31 | $14.8M | $10.6M | +256.25% |
| 2018 | 2018-12-31 | $4.2M | $30,000 | +0.73% |
| 2017 | 2017-12-31 | $4.1M | −$8.0M | −66.13% |
| 2016 | 2016-12-31 | $12.2M | −$358,000 | −2.86% |
| 2015 | 2015-12-31 | $12.5M | −$724,000 | −5.46% |
| 2014 | 2014-12-31 | $13.2M | $7.0M | +111.75% |
| 2013 | 2013-12-31 | $6.3M | −$6.7M | −51.83% |
| 2012 | 2012-12-31 | $13.0M | −$1.7M | −11.40% |
| 2011 | 2011-12-31 | $14.7M | $11.4M | +349.48% |
| 2010 | 2010-12-31 | $3.3M | — | — |
Enphase Energy quarterly capital expenditures (capex)
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Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $14.4M | $6.1M | +74.28% |
| Q1 2026 | 2026-03-31 | $19.9M | $5.3M | +36.21% |
| Q4 2025 | 2025-12-31 | $9.7M | $1.7M | +20.78% |
| Q3 2025 | 2025-09-30 | $8.0M | −$501,000 | −5.87% |
| Q2 2025 | 2025-06-30 | $8.3M | −$1.4M | −14.29% |
| Q1 2025 | 2025-03-31 | $14.6M | $7.2M | +98.18% |
| Q4 2024 | 2024-12-31 | $8.1M | −$12.0M | −59.83% |
| Q3 2024 | 2024-09-30 | $8.5M | −$15.3M | −64.22% |
| Q2 2024 | 2024-06-30 | $9.6M | −$34.4M | −78.10% |
| Q1 2024 | 2024-03-31 | $7.4M | −$15.1M | −67.21% |
| Q4 2023 | 2023-12-31 | $20.1M | $3.6M | +22.19% |
| Q3 2023 | 2023-09-30 | $23.8M | $14.9M | +166.52% |
| Q2 2023 | 2023-06-30 | $44.0M | $35.3M | +406.29% |
| Q1 2023 | 2023-03-31 | $22.5M | $10.1M | +81.62% |
| Q4 2022 | 2022-12-31 | $16.4M | $3.2M | +24.39% |
| Q3 2022 | 2022-09-30 | $8.9M | −$3.7M | −29.44% |
| Q2 2022 | 2022-06-30 | $8.7M | −$7.7M | −47.10% |
| Q1 2022 | 2022-03-31 | $12.4M | $2.4M | +24.50% |
| Q4 2021 | 2021-12-31 | $13.2M | $4.4M | +49.23% |
| Q3 2021 | 2021-09-30 | $12.7M | $8.8M | +224.93% |
| Q2 2021 | 2021-06-30 | $16.4M | $12.0M | +269.09% |
| Q1 2021 | 2021-03-31 | $9.9M | $6.6M | +196.45% |
| Q4 2020 | 2020-12-31 | $8.9M | $1.4M | +19.29% |
| Q3 2020 | 2020-09-30 | $3.9M | −$289,000 | −6.89% |
| Q2 2020 | 2020-06-30 | $4.5M | $1.9M | +76.77% |
| Q1 2020 | 2020-03-31 | $3.4M | $2.7M | +409.57% |
| Q4 2019 | 2019-12-31 | $7.4M | $5.7M | +319.92% |
| Q3 2019 | 2019-09-30 | $4.2M | $3.3M | +361.17% |
| Q2 2019 | 2019-06-30 | $2.5M | $2.1M | +482.87% |
| Q1 2019 | 2019-03-31 | $658,000 | −$385,000 | −36.91% |
| Q4 2018 | 2018-12-31 | $1.8M | $1.3M | +245.12% |
| Q3 2018 | 2018-09-30 | $909,000 | $815,000 | +867.02% |
| Q2 2018 | 2018-06-30 | $432,000 | $383,000 | +781.63% |
| Q1 2018 | 2018-03-31 | $1.0M | −$2.4M | −69.91% |
| Q4 2017 | 2017-12-31 | $512,000 | −$2.0M | −80.00% |
| Q3 2017 | 2017-09-30 | $94,000 | −$2.0M | −95.52% |
| Q2 2017 | 2017-06-30 | $49,000 | −$4.1M | −98.82% |
| Q1 2017 | 2017-03-31 | $3.5M | $118,000 | +3.52% |
| Q4 2016 | 2016-12-31 | $2.6M | −$283,000 | −9.95% |
| Q3 2016 | 2016-09-30 | $2.1M | −$1.3M | −38.72% |
| Q2 2016 | 2016-06-30 | $4.2M | $1.5M | +57.12% |
| Q1 2016 | 2016-03-31 | $3.3M | −$263,000 | −7.28% |
| Q4 2015 | 2015-12-31 | $2.8M | −$570,000 | −16.70% |
| Q3 2015 | 2015-09-30 | $3.4M | −$2.1M | −37.82% |
| Q2 2015 | 2015-06-30 | $2.6M | $488,000 | +22.58% |
| Q1 2015 | 2015-03-31 | $3.6M | $1.4M | +66.25% |
| Q4 2014 | 2014-12-31 | $3.4M | $2.0M | +148.94% |
| Q3 2014 | 2014-09-30 | $5.5M | $4.1M | +287.81% |
| Q2 2014 | 2014-06-30 | $2.2M | $376,000 | +21.06% |
| Q1 2014 | 2014-03-31 | $2.2M | $490,000 | +29.13% |
| Q4 2013 | 2013-12-31 | $1.4M | −$565,000 | −29.18% |
| Q3 2013 | 2013-09-30 | $1.4M | −$1.6M | −53.34% |
| Q2 2013 | 2013-06-30 | $1.8M | −$1.6M | −47.62% |
| Q1 2013 | 2013-03-31 | $1.7M | −$2.9M | −63.47% |
| Q4 2012 | 2012-12-31 | $1.9M | −$3.1M | −61.84% |
| Q3 2012 | 2012-09-30 | $3.0M | $62,000 | +2.08% |
| Q2 2012 | 2012-06-30 | $3.4M | −$884,000 | −20.60% |
| Q1 2012 | 2012-03-31 | $4.6M | $2.3M | +98.66% |
| Q4 2011 | 2011-12-31 | $5.1M | — | — |
| Q3 2011 | 2011-09-30 | $3.0M | — | — |
| Q2 2011 | 2011-06-30 | $4.3M | — | — |
| Q1 2011 | 2011-03-31 | $2.3M | — | — |
Enphase Energy capital expenditures (capex) trends
Over the last five fiscal years, Enphase Energy's capital expenditures (capex) increased from $20.6M to $40.6M, a change of $20.1M. The latest reported quarter, Q2 2026, shows $14.4M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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