Enphase Energy Inc
NASDAQ:ENPH
Balance Sheet
Balance Sheet Decomposition
Enphase Energy Inc
Enphase Energy Inc
Balance Sheet
Enphase Energy Inc
| Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||
| Cash & Cash Equivalents |
9
|
40
|
52
|
45
|
38
|
42
|
29
|
18
|
29
|
106
|
251
|
679
|
119
|
473
|
289
|
369
|
474
|
|
| Cash Equivalents |
9
|
40
|
52
|
45
|
38
|
42
|
29
|
18
|
29
|
106
|
251
|
679
|
119
|
473
|
289
|
369
|
474
|
|
| Short-Term Investments |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
897
|
1 140
|
1 406
|
1 253
|
1 039
|
|
| Total Receivables |
6
|
8
|
18
|
28
|
32
|
45
|
46
|
61
|
65
|
79
|
145
|
182
|
334
|
473
|
486
|
266
|
230
|
|
| Accounts Receivables |
6
|
8
|
18
|
28
|
32
|
45
|
46
|
61
|
65
|
79
|
145
|
182
|
334
|
473
|
486
|
266
|
230
|
|
| Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Inventory |
2
|
5
|
11
|
20
|
17
|
22
|
41
|
32
|
26
|
16
|
32
|
42
|
74
|
150
|
214
|
165
|
288
|
|
| Other Current Assets |
0
|
0
|
1
|
2
|
4
|
6
|
6
|
7
|
10
|
21
|
71
|
30
|
38
|
29
|
49
|
274
|
576
|
|
| Total Current Assets |
17
|
53
|
82
|
95
|
91
|
115
|
122
|
118
|
130
|
222
|
500
|
933
|
1 463
|
2 264
|
2 444
|
2 327
|
2 607
|
|
| PP&E Net |
4
|
6
|
18
|
26
|
25
|
31
|
32
|
31
|
27
|
21
|
39
|
61
|
97
|
133
|
188
|
172
|
137
|
|
| PP&E Gross |
4
|
6
|
18
|
26
|
25
|
31
|
32
|
31
|
27
|
21
|
39
|
61
|
97
|
133
|
188
|
172
|
0
|
|
| Accumulated Depreciation |
1
|
3
|
6
|
11
|
17
|
24
|
32
|
40
|
44
|
52
|
52
|
62
|
77
|
104
|
137
|
183
|
0
|
|
| Intangible Assets |
0
|
0
|
0
|
0
|
0
|
2
|
2
|
1
|
1
|
35
|
31
|
29
|
98
|
100
|
69
|
42
|
22
|
|
| Goodwill |
0
|
0
|
0
|
0
|
0
|
4
|
4
|
4
|
4
|
25
|
25
|
25
|
181
|
214
|
215
|
212
|
215
|
|
| Note Receivable |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
101
|
124
|
111
|
0
|
|
| Other Long-Term Assets |
0
|
0
|
6
|
2
|
1
|
1
|
6
|
10
|
8
|
37
|
119
|
153
|
241
|
273
|
344
|
386
|
529
|
|
| Other Assets |
0
|
0
|
0
|
0
|
0
|
4
|
4
|
4
|
4
|
25
|
25
|
25
|
181
|
214
|
215
|
212
|
215
|
|
| Total Assets |
21
N/A
|
60
+185%
|
106
+78%
|
122
+15%
|
117
-5%
|
152
+30%
|
166
+9%
|
164
-1%
|
169
+3%
|
340
+101%
|
713
+110%
|
1 200
+68%
|
2 079
+73%
|
3 084
+48%
|
3 383
+10%
|
3 250
-4%
|
3 510
+8%
|
|
| Liabilities | ||||||||||||||||||
| Accounts Payable |
5
|
7
|
13
|
11
|
7
|
22
|
26
|
32
|
29
|
49
|
58
|
73
|
114
|
125
|
116
|
90
|
203
|
|
| Accrued Liabilities |
1
|
3
|
10
|
19
|
15
|
26
|
19
|
23
|
22
|
29
|
47
|
77
|
158
|
280
|
253
|
193
|
217
|
|
| Short-Term Debt |
0
|
3
|
5
|
2
|
0
|
0
|
17
|
10
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Current Portion of Long-Term Debt |
0
|
0
|
0
|
0
|
4
|
0
|
0
|
3
|
17
|
28
|
3
|
326
|
86
|
91
|
0
|
101
|
632
|
|
| Other Current Liabilities |
0
|
1
|
25
|
1
|
8
|
10
|
11
|
15
|
23
|
41
|
92
|
59
|
82
|
142
|
163
|
275
|
210
|
|
| Total Current Liabilities |
6
|
13
|
52
|
34
|
33
|
59
|
73
|
83
|
92
|
147
|
199
|
534
|
440
|
638
|
532
|
660
|
1 262
|
|
| Long-Term Debt |
0
|
4
|
29
|
9
|
5
|
0
|
0
|
21
|
32
|
82
|
103
|
5
|
952
|
1 200
|
1 294
|
1 201
|
572
|
|
| Other Liabilities |
1
|
4
|
11
|
23
|
38
|
47
|
51
|
59
|
54
|
103
|
139
|
177
|
258
|
421
|
573
|
555
|
588
|
|
| Total Liabilities |
7
N/A
|
21
+188%
|
92
+340%
|
66
-29%
|
77
+17%
|
105
+38%
|
124
+18%
|
162
+31%
|
178
+10%
|
332
+86%
|
441
+33%
|
716
+62%
|
1 649
+130%
|
2 259
+37%
|
2 399
+6%
|
2 417
+1%
|
2 423
+0%
|
|
| Equity | ||||||||||||||||||
| Common Stock |
48
|
94
|
94
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Retained Earnings |
35
|
57
|
89
|
127
|
153
|
161
|
183
|
251
|
296
|
346
|
185
|
51
|
406
|
17
|
46
|
245
|
0
|
|
| Additional Paid In Capital |
1
|
1
|
9
|
184
|
193
|
208
|
225
|
252
|
287
|
353
|
458
|
535
|
838
|
819
|
939
|
1 085
|
0
|
|
| Other Equity |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
2
|
11
|
2
|
6
|
1 087
|
|
| Total Equity |
14
N/A
|
39
+183%
|
14
-64%
|
57
+305%
|
40
-29%
|
47
+17%
|
41
-12%
|
1
-97%
|
9
N/A
|
8
N/A
|
272
+3 390%
|
484
+78%
|
430
-11%
|
826
+92%
|
984
+19%
|
833
-15%
|
1 087
+30%
|
|
| Total Liabilities & Equity |
21
N/A
|
60
+185%
|
106
+78%
|
122
+15%
|
117
-5%
|
152
+30%
|
166
+9%
|
164
-1%
|
169
+3%
|
340
+101%
|
713
+110%
|
1 200
+68%
|
2 079
+73%
|
3 084
+48%
|
3 383
+10%
|
3 250
-4%
|
3 510
+8%
|
|
| Shares Outstanding | ||||||||||||||||||
| Common Shares Outstanding |
39
|
39
|
39
|
41
|
42
|
44
|
46
|
62
|
86
|
107
|
123
|
129
|
134
|
136
|
136
|
132
|
131
|
|
| Preferred Shares Outstanding |
0
|
0
|
22
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|