Free Cash Flow for Enphase Energy (ENPH)
Free Cash Flow for Enphase Energy (ENPH): headline value $145.07M · YoY -80.0%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
ENPH
Currently viewingFree Cash FlowSwitch metric
Latest period
$145.07M
YoY change
-80.0%
5Y CAGR
-13.3%
Peak year (2022)
$698.37M
Latest annual
$95.90M
Free Cash Flow history chart for Enphase Energy (ENPH) from 2008 to 2025
Free Cash Flow history table for Enphase Energy (ENPH) from 2008 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $95.90M | -80.0% | ||
| 2024 | $480.09M | -18.1% | ||
| 2023 | $586.38M | -16.0% | ||
| 2022 | $698.37M | +133.2% | ||
| 2021 | $299.52M | +53.0% | ||
| 2020 | $195.78M | +57.5% | ||
| 2019 | $124.28M | +937.3% | ||
| 2018 | $11.98M | -136.8% | ||
| 2017 | -$32.56M | -28.9% | ||
| 2016 | -$45.80M | +35.0% | ||
| 2015 | -$33.92M | -431.8% | ||
| 2014 | $10.22M | -243.4% | ||
| 2013 | -$7.13M | -87.6% | ||
| 2012 | -$57.63M | +283.5% | ||
| 2011 | -$15.03M | -28.8% | ||
| 2010 | -$21.11M | +0.3% | ||
| 2009 | -$21.06M | +44.8% | ||
| 2008 | -$14.55M | — |
Free Cash Flow values are taken from Enphase Energy's reported cash flow 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
Enphase Energy (ENPH) most recent annual free cash flow stands at $95.90M (2025) – plunged 80.0% year-over-year.
Through 2020–2025 (5 years), Enphase Energy free cash flow delivered a -13.3% annualised rate; with a net decline across the window.
Enphase Energy free cash flow peaked at $698.37M in 2022; the latest annual figure is $95.90M in 2025 (86.3% below peak).
Across the available history, free cash flow reached its high of $698.37M in 2022 and its low of -$57.63M in 2012.
Among 8 Energy peers, Enphase Energy (ENPH) ranks 9th; the peer median for free cash flow is $4.91B.
Enphase Energy Free Cash Flow by Year
Enphase Energy Free Cash Flow 2025: $95.90M
Enphase Energy free cash flow in 2025 was $95.90M, plunged 80.0% below 2024.
Enphase Energy Free Cash Flow 2024: $480.09M
Enphase Energy free cash flow in 2024 was $480.09M, declined 18.1% below 2023.
Enphase Energy Free Cash Flow 2023: $586.38M
Enphase Energy free cash flow in 2023 was $586.38M, declined 16.0% below 2022.
Enphase Energy Free Cash Flow 2022: $698.37M
Enphase Energy free cash flow in 2022 was $698.37M, surged 133.2% from 2021. This figure represents the highest annual value in the available history.
Enphase Energy Free Cash Flow 2021: $299.52M
Enphase Energy free cash flow in 2021 was $299.52M.
See more financial history for Enphase Energy (ENPH).
Sector peers — Free Cash Flow
Companies in the same sector as Enphase Energy, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $23.61B | Energy |
| ConocoPhillips (COP) | $16.77B | Energy |
| Chevron Corporation (CVX) | $16.59B | Energy |
| Valero Energy Corporation (VLO) | $5.03B | Energy |
| SLB N.V. (SLB) | $4.79B | Energy |
| EOG Resources, Inc. (EOG) | $3.93B | Energy |
| Enbridge Inc. (ENB) | $3.30B | Energy |
| The Williams Companies, Inc. (WMB) | $1.00B | Energy |
Frequently asked questions
What is Enphase Energy's free cash flow?
Latest reported free cash flow for Enphase Energy (ENPH) is $145.07M (period ending March 31, 2026).
How has Enphase Energy free cash flow changed year-over-year?
Enphase Energy (ENPH) free cash flow changed -80.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Enphase Energy free cash flow?
Enphase Energy (ENPH) free cash flow compound annual growth rate is -13.3% over the most recent 5 years available.
When did Enphase Energy free cash flow hit its highest annual value?
Enphase Energy free cash flow reached its highest annual value of $698.37M in 2022.
What was Enphase Energy free cash flow in 2024?
Enphase Energy (ENPH) free cash flow in 2024 was $480.09M.
What was Enphase Energy free cash flow in 2025?
Enphase Energy (ENPH) free cash flow in 2025 was $95.90M.
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