ENPH
Enphase Energy, Inc.
Stock
$33.47+0.65 (+1.98%)Close Oct 2, 2026
Cash flow statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $205M | $137M | $514M | $697M | $745M | $352M | $216M | $139M | $16M | −$28M | −$33M | −$21M | $24M | −$872K | −$45M | −$367K | −$18M |
| Capital expenditures | $52M | $41M | $34M | $110M | $46M | $52M | $21M | $15M | $4.2M | $4.1M | $12M | $13M | $13M | $6.3M | $13M | $15M | $3.3M |
| Free cash flow | $153M | $96M | $480M | $586M | $698M | $300M | $196M | $124M | $12M | −$33M | −$45M | −$34M | $11M | −$7.1M | −$58M | −$15M | −$21M |
| Stock-based compensation | $197M | $214M | $211M | $213M | $217M | $114M | $43M | $20M | $11M | $6.7M | $10M | $13M | $9.7M | $6.8M | $4.8M | $2.1M | $829K |
| Buybacks | $0 | $130M | $391M | $410M | $0 | $500M | $0 | $0 | — | — | — | — | — | — | — | — | — |
| Free cash flow margin | 11.5% | 6.5% | 36.1% | 25.6% | 30.0% | 21.7% | 25.3% | 19.9% | 3.8% | −11.4% | −14.0% | −9.4% | 3.2% | −3.1% | −26.6% | −10.1% | −34.2% |