Net Assets for Enphase Energy (ENPH)
According to Enphase Energy's latest reported financial statements, the company's latest reported net assets is $1.10B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

ENPH
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Latest period
$1.10B
YoY change
+30.5%
5Y CAGR
+17.6%
Peak year (2025)
$1.09B
Latest annual
$1.09B
Net Assets history chart for Enphase Energy (ENPH) from 2009 to 2025
Net Assets history table for Enphase Energy (ENPH) from 2009 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $1.09B | +30.5% | ||
| 2024 | $833.02M | -15.3% | ||
| 2023 | $983.62M | +19.1% | ||
| 2022 | $825.57M | +91.9% | ||
| 2021 | $430.17M | -11.1% | ||
| 2020 | $483.99M | +77.8% | ||
| 2019 | $272.21M | +3400.7% | ||
| 2018 | $7.78M | -185.2% | ||
| 2017 | -$9.13M | -802.0% | ||
| 2016 | $1.30M | -96.9% | ||
| 2015 | $41.45M | -11.7% | ||
| 2014 | $46.95M | +16.8% | ||
| 2013 | $40.21M | -29.0% | ||
| 2012 | $56.66M | +71.2% | ||
| 2011 | $33.09M | -14.0% | ||
| 2010 | $38.48M | +182.4% | ||
| 2009 | $13.63M | — |
Net Assets values are taken from Enphase Energy's reported balance sheets (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
As of the 2025 fiscal year, Enphase Energy (ENPH) reported net assets of $1.09B – surged 30.5% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Enphase Energy net assets compounded at +17.6% per year, with the latest reading among the more recent periods of the dataset.
$1.09B stands as the all-time-high annual net assets, posted in 2025, against a low of -$9.13M during 2017.
Within Energy, Enphase Energy (ENPH) ranks 9th among 8 peers we track. The peer median for net assets is $46.08B.
Enphase Energy Net Assets by Year
Enphase Energy Net Assets 2025: $1.09B
Enphase Energy net assets in 2025 was $1.09B, surged 30.5% from 2024. This figure represents the highest annual value in the available history.
Enphase Energy Net Assets 2024: $833.02M
Enphase Energy net assets in 2024 was $833.02M, declined 15.3% below 2023.
Enphase Energy Net Assets 2023: $983.62M
Enphase Energy net assets in 2023 was $983.62M, grew 19.1% from 2022.
Enphase Energy Net Assets 2022: $825.57M
Enphase Energy net assets in 2022 was $825.57M, surged 91.9% from 2021.
Enphase Energy Net Assets 2021: $430.17M
Enphase Energy net assets in 2021 was $430.17M.
See more financial history for Enphase Energy (ENPH).
Sector peers — Net Assets
Companies in the same sector as Enphase Energy, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $259.39B | Energy |
| Chevron Corporation (CVX) | $186.45B | Energy |
| ConocoPhillips (COP) | $64.49B | Energy |
| Enbridge Inc. (ENB) | $62.33B | Energy |
| EOG Resources, Inc. (EOG) | $29.83B | Energy |
| SLB N.V. (SLB) | $26.11B | Energy |
| Valero Energy Corporation (VLO) | $23.73B | Energy |
| The Williams Companies, Inc. (WMB) | $12.81B | Energy |
Frequently asked questions
What is Enphase Energy's net assets?
- Latest reported net assets for Enphase Energy (ENPH) is $1.10B (period ending March 31, 2026).
How has Enphase Energy net assets changed year-over-year?
- Enphase Energy (ENPH) net assets changed +30.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Enphase Energy net assets?
- Enphase Energy (ENPH) net assets compound annual growth rate is +17.6% over the most recent 5 years available.
When did Enphase Energy net assets hit its highest annual value?
- Enphase Energy net assets reached its highest annual value of $1.09B in 2025.
What was Enphase Energy net assets in 2024?
- Enphase Energy (ENPH) net assets in 2024 was $833.02M.
What was Enphase Energy net assets in 2025?
- Enphase Energy (ENPH) net assets in 2025 was $1.09B.
Metrics overview
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