EBITDA for Enphase Energy (ENPH)
According to Enphase Energy's latest reported financial statements, the company's current EBITDA (TTM) is $189.48M USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
ENPH
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$189.48M
YoY change
+37.8%
5Y CAGR
+12.8%
Peak year (2023)
$596.69M
Cumulative EBITDA
$1.89B
EBITDA history chart for Enphase Energy (ENPH) from 2008 to 2025
EBITDA history table for Enphase Energy (ENPH) from 2008 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $289.98M | +37.8% | ||
| 2024 | $210.45M | -64.7% | ||
| 2023 | $596.69M | +14.7% | ||
| 2022 | $520.26M | +164.2% | ||
| 2021 | $196.93M | +24.2% | ||
| 2020 | $158.51M | +39.1% | ||
| 2019 | $113.92M | +1024.5% | ||
| 2018 | $10.13M | -136.0% | ||
| 2017 | -$28.13M | -46.5% | ||
| 2016 | -$52.58M | +444.1% | ||
| 2015 | -$9.66M | -440.7% | ||
| 2014 | $2.84M | -117.7% | ||
| 2013 | -$16.01M | -37.4% | ||
| 2012 | -$25.56M | -2.6% | ||
| 2011 | -$26.25M | +35.9% | ||
| 2010 | -$19.31M | +21.5% | ||
| 2009 | -$15.89M | +12.2% | ||
| 2008 | -$14.16M | — |
EBITDA values are taken from Enphase Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Enphase Energy (ENPH) EBITDA totalled $289.98M – surged 37.8% year-over-year.
Through 2020–2025 (5 years), Enphase Energy EBITDA delivered a +12.8% annualised rate; with the latest reading among the more recent periods of the dataset.
Enphase Energy EBITDA plunged from $596.69M in 2023 to $289.98M in 2025, a 51.4% drawdown.
Across the available history, EBITDA reached its high of $596.69M in 2023 and its low of -$52.58M in 2016.
Within Energy, Enphase Energy (ENPH) ranks 9th among 8 peers we track. The peer median for EBITDA is $15.87B.
Enphase Energy EBITDA by Year
Enphase Energy EBITDA 2025: $289.98M
Enphase Energy EBITDA in 2025 was $289.98M, surged 37.8% from 2024.
Enphase Energy EBITDA 2024: $210.45M
Enphase Energy EBITDA in 2024 was $210.45M, plunged 64.7% below 2023.
Enphase Energy EBITDA 2023: $596.69M
Enphase Energy EBITDA in 2023 was $596.69M, grew 14.7% from 2022. This figure represents the highest annual value in the available history.
Enphase Energy EBITDA 2022: $520.26M
Enphase Energy EBITDA in 2022 was $520.26M, surged 164.2% from 2021.
Enphase Energy EBITDA 2021: $196.93M
Enphase Energy EBITDA in 2021 was $196.93M.
See more financial history for Enphase Energy (ENPH).
Sector peers — EBITDA
Companies in the same sector as Enphase Energy, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $67.86B | Energy |
| Chevron Corporation (CVX) | $41.42B | Energy |
| ConocoPhillips (COP) | $23.18B | Energy |
| Enbridge Inc. (ENB) | $20.45B | Energy |
| EOG Resources, Inc. (EOG) | $11.30B | Energy |
| The Williams Companies, Inc. (WMB) | $7.41B | Energy |
| SLB N.V. (SLB) | $7.15B | Energy |
| Valero Energy Corporation (VLO) | $6.72B | Energy |
Frequently asked questions
What is Enphase Energy's EBITDA?
- Latest reported EBITDA for Enphase Energy (ENPH) is $189.48M (period ending March 31, 2026).
How has Enphase Energy EBITDA changed year-over-year?
- Enphase Energy (ENPH) EBITDA changed +37.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Enphase Energy EBITDA?
- Enphase Energy (ENPH) EBITDA compound annual growth rate is +12.8% over the most recent 5 years available.
When did Enphase Energy EBITDA hit its highest annual value?
- Enphase Energy EBITDA reached its highest annual value of $596.69M in 2023.
What was Enphase Energy EBITDA in 2024?
- Enphase Energy (ENPH) EBITDA in 2024 was $210.45M.
What was Enphase Energy EBITDA in 2025?
- Enphase Energy (ENPH) EBITDA in 2025 was $289.98M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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