Company / Operating Cash Flow
Enphase Energy Operating Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
$136.5M
FY2025
5-year range
$136.5M / $744.8M
FY2021-FY2025
Trend
-73.4%
vs FY2024
Sector context
#192 of 308
Information Technology
What the data says
At $137M, Enphase Energy's operating cash flow ranks #192 of 308 in the Information Technology sector. Operating Cash Flow has declined for 3 consecutive years, from $745M in FY2022 to $137M in FY2025.
Based on SEC 10-K filings.
$137M in FY2025 with a 5-year CAGR of -8.8%.
Declined from $697M to $137M over the past 2 years.
Information Technology sector context is included.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- -43.2%
- 5-Year CAGR
- -8.8%
- 10-Year CAGR
- -
Sector benchmark
#192 of 308 in Information TechnologyTop 62% of 308This company $136.5M Sector average $1.9B
▼
-92.9% below sector average
Key checks
Key Insights
- Enphase Energy's operating cash flow has declined for 3 consecutive years.
- 5-year CAGR of -8.8%, indicating a declining trend.
- In FY2025, operating cash flow decreased 73.4% year-over-year.
- Ranks #192 out of 308 companies in the Information Technology sector.
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 | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $136.5M | -73.4% |
| FY2024 | $513.7M | -26.3% |
| FY2023 | $696.8M | -6.4% |
| FY2022 | $744.8M | +111.6% |
| FY2021 | $352.0M | +62.7% |
| FY2020 | $216.3M | +860.6% |
| FY2019 | -$28.4M | -276.3% |
| FY2018 | $16.1M | +156.7% |
| FY2017 | -$28.4M | +13.7% |
| FY2016 | -$33.0M | -55.7% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026