Company / Interest Expense
Enphase Energy Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$8.8M
FY2023
5-year range
$8.8M / $45.2M
FY2019-FY2023
Trend
-6.3%
vs FY2022
Sector context
#67 of 90
Information Technology
What the data says
At $9M, Enphase Energy's interest expense ranks #24 of 90 in the Information Technology sector. Interest Expense has fluctuated over the past 8 years, ranging from $3M in FY2016 to $45M in FY2021.
Based on SEC 10-K filings.
$9M in FY2023 with a 5-year CAGR of -3.7%.
Improved from $45M to $9M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -25.1%
- 5-Year CAGR
- -3.7%
- 10-Year CAGR
- -
Sector benchmark
#24 of 90 in Information TechnologyTop 26% of 90This company $8.8M Sector average $170.2M
▼
-94.8% below sector average
Key checks
Key Insights
- 5-year CAGR of -3.7%, indicating a declining trend.
- In FY2023, interest expense decreased 6.3% year-over-year.
- Ranks #67 out of 90 companies in the Information Technology sector.
- Peak interest expense was recorded in FY2021.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $8.8M | -6.3% |
| FY2022 | $9.4M | -79.1% |
| FY2021 | $45.2M | +115.0% |
| FY2020 | $21.0M | +155.7% |
| FY2019 | $8.2M | -23.2% |
| FY2018 | $10.7M | +30.2% |
| FY2017 | $8.2M | +196.1% |
| FY2016 | $2.8M | +453.5% |
As of FY2023 · SEC 10-K · Updated Jul 2, 2026