Enphase Energy, Inc.

NasdaqGM-ENPH

Assets	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Cash and Cash Equivalents	401.9	369.1	288.7	473.2	119.3	679.4	251.4	106.2	29.1	17.8	28.5
Cash and Cash Equivalents
Short-Term Investments	1,076	1,253.5	1,406.3	1,139.6	897.3	—	—	—	—	—	—
Marketable Securities
Total Cash and Cash Equivalents	1,477.9	1,622.6	1,695	1,612.8	1,016.7	679.4	251.4	106.2	29.1	17.8	28.5
Accounts Receivable	265.5	223.7	446	440.9	333.6	182.2	145.4	78.9	65.3	61	46.1
Accounts Receivable, Net
Total Trade Receivables	265.5	223.7	446	440.9	333.6	182.2	145.4	78.9	65.3	61	46.1
Inventories	188.7	165	213.6	149.7	74.4	41.8	32.1	16.3	26	32	40.8
Inventory
Other Current Assets	459.7	315.7	88.9	60.8	37.8	29.8	70.8	20.9	10	7.1	6.4
Restricted Cash
Prepaid Expenses and Other Assets
Total Current Assets	2,391.8	2,327.1	2,443.5	2,264.3	1,462.5	933.1	499.7	222.3	130.4	117.9	121.8
Total Current Assets
Net Property, Plant & Equipment	131.3	147.5	188.1	132.7	96.6	60.7	39.1	21	26.5	31.4	32.1
Property and Equipment, Net
Operating Lease, Right of Use Asset, Net
Net Intangible Assets	27.3	42.4	68.5	99.5	97.8	28.8	30.6	35.3	0.5	0.9	2.2
Intangible Assets, Net
Goodwill	214.4	211.6	214.6	213.6	181.3	24.8	24.8	24.8	3.7	3.7	3.7
Goodwill
Other Long-Term Assets	555.6	521.1	468.3	374.2	241.2	152.8	119.2	36.5	8	9.7	5.7
Other Assets
Deferred Tax Assets, Net
Total Assets	3,320.5	3,249.7	3,383	3,084.3	2,079.3	1,200.1	713.2	339.9	169.1	163.6	165.5
Total Assets

Liabilities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Accounts Payable	188.6	90	116.2	125.1	113.8	72.6	57.5	48.8	28.7	31.7	25.6
Accounts Payable
Accrued Expenses	207.9	196.9	261.9	295.9	157.9	76.5	47.1	29	22.4	22.9	19.3
Accrued Liabilities
Short-Term Debt	—	—	—	—	—	—	—	—	—	10.1	17
Revolving Credit Facility
Current Portion of Long-Term Debt	631.7	101.3	—	90.9	86.1	326	2.9	28.2	17.4	3	—
Debt, Current
Unearned Revenue	111.5	237.2	118.3	90.7	62.7	47.7	81.8	33.1	15.7	6.4	3.9
Deferred Revenues, Current
Other Current Liabilities	31.5	34.7	36.1	35.6	19.4	11.3	10.1	8.1	7.4	8.6	7.1
Warranty Obligations, Current
Convertible Preferred Stock Warrant Liability
Total Current Liabilities	1,171.1	660.1	532.4	638.2	439.8	534	199.3	147.2	91.7	82.8	72.8
Total Current Liabilities
Long-Term Debt	571.9	1,201.1	1,293.7	1,199.5	951.6	4.9	102.7	81.6	32.3	20.8	—
Debt, Non-Current
Convertible Notes
Other Long-Term Liabilities	582.5	555.5	573.2	421	257.7	177.2	139	103.4	54.2	58.7	51.2
Deferred Revenues, Non-Current
Warranty Obligations, Non-Current
Other Liabilities
Total Long-Term Liabilities	1,154.3	1,756.6	1,866.9	1,620.5	1,209.3	182.1	241.7	185	86.5	79.5	51.2
Debt, Non-Current
Convertible Notes
Deferred Revenues, Non-Current
Warranty Obligations, Non-Current
Other Liabilities
Total Liabilities	2,325.5	2,416.7	2,399.4	2,258.7	1,649.1	716.1	441	332.2	178.3	162.3	124.1
Total Liabilities

Equity	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Preferred Stock	—	—	—	—	—	—	—	—	—	—	—
Convertible Preferred Stock
Common Stock	0	0	0	0	0	0	0	0	0	0	—
Common Stock
Additional Paid-in Capital	1,234.3	1,084.6	939.3	819.1	837.9	534.7	458.3	353.3	287.3	252.1	224.7
Additional Paid-in Capital
Accumulated Other Comprehensive Income	3.3	-6.4	-2	-10.9	-2	0.4	-0.9	0.7	-0.7	-0.3	-0.2
Accumulated Other Comprehensive Income
Retained Earnings	-242.6	-245.2	46.3	17.3	-405.7	-51.2	-185.2	-346.3	-295.7	-250.5	-183.1
Retained Earnings
Total Common Shareholders' Equity	995	833	983.6	825.6	430.2	484	272.2	7.8	-9.1	1.3	41.4
Total Stockholders' Equity
Total Shareholders' Equity	995	833	983.6	825.6	430.2	484	272.2	7.8	-9.1	1.3	41.4
Total Liabilities and Shareholders' Equity	3,320.5	3,249.7	3,383	3,084.3	2,079.3	1,200.1	713.2	339.9	169.1	163.6	165.5
Total Liabilities and Stockholders' Equity