Enphase Energy, Inc.
For the period ended Mar 31, 2026. Filed Apr 28, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 28, 2026
ENPH$29.08+2.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except par value)
| As of | ||
|---|---|---|
| March 31,2026 | December 31,2025 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $497,546 | $474,318 |
| Marketable securities | 433,095 | 1,038,536 |
| Accounts receivable, net of allowances of $484 and $580 at March 31, 2026 and December 31, 2025, respectively | 196,578 | 229,881 |
| Inventory | 290,701 | 288,047 |
| Prepaid expenses and other current assets | 412,351 | 576,078 |
| Total current assets | 1,830,271 | 2,606,860 |
| Property and equipment, net | 138,873 | 136,804 |
| Intangible assets, net | 17,562 | 22,288 |
| Goodwill | 213,744 | 214,760 |
| Other assets | 211,706 | 222,677 |
| Deferred tax assets, net | 311,767 | 306,403 |
| Total assets | $2,723,923 | $3,509,792 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $113,462 | $203,039 |
| Accrued liabilities | 195,584 | 217,366 |
| Deferred revenues, current | 144,325 | 180,524 |
| Warranty obligations, current | 28,412 | 29,038 |
| Debt, current | — | 632,183 |
| Total current liabilities | 481,783 | 1,262,150 |
| Long-term liabilities: | ||
| Deferred revenues, non-current | 326,231 | 337,923 |
| Warranty obligations, non-current | 175,795 | 185,005 |
| Other liabilities | 65,252 | 65,497 |
| Debt, non-current | 572,510 | 572,194 |
| Total liabilities | 1,621,571 | 2,422,769 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity: | ||
| Common stock, $0.00001 par value, 300,000 shares authorized; and 131,784 shares and 131,080 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively | 1 | 1 |
| Additional paid-in capital | 1,319,469 | 1,289,164 |
| Accumulated deficit | (211,302) | (203,896) |
| Accumulated other comprehensive income (loss) | (5,816) | 1,754 |
| Total stockholders’ equity | 1,102,352 | 1,087,023 |
| Total liabilities and stockholders’ equity | $2,723,923 | $3,509,792 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.