Enphase Energy Total Operating Expenses History

ENPH Stock  USD 35.80  -0.22  -0.61%   
Total Operating Expenses stood at 522.3 M as of December 31, 2025. This metric is the aggregate cost of running Enphase Energy's operations — including SGA, R&D, and other recurring charges but excluding COGS. Operating expense growth relative to revenue growth determines whether Enphase Energy is gaining or losing operating leverage. Over the last 16 observed reporting periods, this metric has maintained a strong and persistent growth pattern over the observed period. Full Reported Financial Data
 
Total Operating Expenses  
 First Reported
2010-12-31
 Previous Quarter
522.35 million
 Current Value
522.35 million
 Quarterly Volatility
215.15 million
Macro event markers
 
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Latest Enphase Energy Total Operating Expenses Growth Pattern

Total Operating Expenses10 Years Trend
Consistent Growth
   Total Operating Expenses   
       Timeline  

Total Operating Expenses Trend Statistics

Across 15 reporting periods, Enphase Energy's Total Operating Expenses registers a CV of 87.6%, signaling wide dispersion driven primarily by directional growth rather than instability. The linear fit (R² = 0.78) suggests a strong linear fit indicating consistent directional movement.
Arithmetic Mean 245,585,668
Geometric Mean 156,739,683
Coefficient Of Variation 87.61
Mean Deviation 191,378,158
Median 120,708,000
Standard Deviation 215,154,666
Sample Variance46291.5T
Range603.8M
R-Value 0.88
Mean Square Error10898.8T
R-Squared 0.78
Slope 37,612,026
Total Sum of Squares740664.5T

Enphase Energy Total Operating Expenses History

Across 15 reported periods (2012–2026), Enphase Energy's Total Operating Expenses has moved from 86.45 million to 548.46 million.
2026548.46 million
2025522.35 million
2024551.85 million
2023612.65 million
2022526.33 million
2021338.59 million
2020159.54 million
2019118.52 million
201892.85 million
201795.42 million
2016120.71 million
2015127.53 million
2014117.47 million
201389.57 million
201286.45 million

Correlation of Total Operating Expenses With Other Accounts

Historical correlations between Enphase Energy's Total Operating Expenses and related accounts describe association, not causation. Values can shift as business conditions evolve.

Related Fundamentals

Last ReportedEnd Of Year Estimate
Other Operating Expenses$1.31 billion$680.28 million
Operating Income$164.66 million$84.49 million
Non Operating Income Net Other$11.9 million$12.5 million
Total Cash From Operating Activities$136.54 million$162.69 million
Cash Flows Other Operating$127.42 million$133.8 million
Change To Operating Activities$-9.59 million$-9.11 million
Operating Cash Flow Per Share1.041.09
Capex To Operating Cash Flow$0.3$0.31
EV To Operating Cash Flow$36.42$38.24
Operating Cycle$190.73$200.27
Price To Operating Cash Flows Ratio30.79x32.33x
Operating Profit Margin11.00%12.00%
Operating Cash Flow Sales Ratio0.090.1
Free Cash Flow Operating Cash Flow Ratio0.70.67

Methodology, Assumptions & Data Sources

Historical Total Operating Expenses data for Enphase Energy is compiled from periodic filings. Mean-reversion tendencies in this metric suggest cyclical operating drivers rather than a permanent shift in trajectory. Within the Semiconductors & Semiconductor Equipment sector, Enphase Energy's Total Operating Expenses reflects the revenue and cost dynamics of its operating model.

Enphase Energy metrics draw on periodic company reporting and market reference feeds, standardized for cross-period comparison. Reference data and historical patterns are presented and do not constitute an investment recommendation or advice.

Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board