Company / Capital Expenditures
Enphase Energy Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$40.6M
FY2025
5-year range
$33.6M / $110.4M
FY2021-FY2025
Trend
+20.9%
vs FY2024
Sector context
#117 of 295
Information Technology
What the data says
At $41M, Enphase Energy's capital expenditures ranks #117 of 295 in the Information Technology sector. Capital Expenditures has fluctuated over the past 10 years, ranging from $4M in FY2019 to $110M in FY2023.
Based on SEC 10-K filings.
$41M in FY2025 with a 5-year CAGR of +14.6%.
Declined from $110M to $41M over the past 2 years.
Information Technology sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- -4.4%
- 5-Year CAGR
- +14.6%
- 10-Year CAGR
- -
Sector benchmark
#117 of 295 in Information TechnologyTop 40% of 295This company $40.6M Sector average $557.9M
▼
-92.7% below sector average
Key checks
Key Insights
- 5-year CAGR of +14.6%, indicating consistent growth.
- In FY2025, capital expenditures increased 20.9% year-over-year.
- Ranks #117 out of 295 companies in the Information Technology sector.
- Peak capital expenditures was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.97 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $40.6M | +20.9% |
| FY2024 | $33.6M | -69.6% |
| FY2023 | $110.4M | +137.7% |
| FY2022 | $46.4M | -11.1% |
| FY2021 | $52.3M | +154.2% |
| FY2020 | $20.6M | +398.9% |
| FY2019 | $4.1M | -0.7% |
| FY2018 | $4.2M | +0.7% |
| FY2017 | $4.1M | -66.1% |
| FY2016 | $12.2M | -2.9% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026