Enphase Energy, Inc. is an American energy technology company headquartered in Fremont, California, that develops and manufactures solar micro-inverters, battery energy storage, and EV charging stations primarily for residential customers. Enphase was established in 2006 and is the first company to successfully commercialize solar micro-inverters, which convert the direct current (DC) power generated by solar panels into grid-compatible alternating current (AC) for use or export. The company has shipped more than 48 million microinverters to 2.5 million solar systems in more than 140 countries.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| ENPH | Enphase Energy, Inc. | 2026-02-18 05:04:43 | 46.75 | 1.11 | 2.43 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ENPH | 0001463101 | Enphase Energy, Inc. | US29355A1079 | 5493008U7KIGMI59Z314 | 204645388 | Nasdaq | 3674 | Semiconductors & Related Devices | 1231 | DE | 47281 BAYSIDE PARKWAY | FREMONT | CA | 94538 | UNITED STATES | US | (707) 763-4784 | 47281 BAYSIDE PARKWAY, FREMONT, CA, 94538 | 47281 BAYSIDE PARKWAY, FREMONT, CA, 94538 | — | Renewable energy | 2006 | Badri Kothandaraman | 2,781 | https://enphase.com | 9,900,000,000 | 130,849,000 | 130,859,709 | Enphase Energy, Inc. is an American energy technology company headquartered in Fremont, California, that develops and manufactures solar micro-inverters, battery energy storage, and EV charging stations primarily for residential customers. Enphase was established in 2006 and is the first company to successfully commercialize solar micro-inverters, which convert the direct current (DC) power generated by solar panels into grid-compatible alternating current (AC) for use or export. The company has shipped more than 48 million microinverters to 2.5 million solar systems in more than 140 countries. | 2026-02-12 16:27:00 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 9,900,000,000 | -7,300,000,000 | -42.4419 | 132,470,505 | -3,288,834 | -2.4225 |
| 2023 | 17,200,000,000 | -3,000,000,000 | -14.8515 | 135,759,339 | -738,079 | -0.5407 |
| 2022 | 20,200,000,000 | 800,000,000 | 4.1237 | 136,497,418 | 2,561,844 | 1.9127 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| David Ranhoffcommercial Advisor | EVP | 2024 | 300,000 | 0 | 6,321,421 | 11,436 | 3,582 | 6,636,439 |
| Mandy Yangevp And | CFO | 2024 | 367,500 | 0 | 6,321,421 | 16,128 | 3,582 | 6,708,631 |
| Badrinarayanan Kothandaraman | CEO, President | 2024 | 450,000 | 0 | 12,156,580 | 22,843 | 582 | 12,630,005 |
| Jeffrey Mcneil | EVP, COO | 2023 | 258,333 | 0 | 3,354,150 | 106,003 | 5,863 | 3,724,349 |
| Badrinarayanan Kothandaraman | CEO, President | 2023 | 450,000 | 0 | 18,804,672 | 270,750 | 2,112 | 19,527,534 |
| Fiscal Year | Employee Count |
|---|---|
| 2025 | 2,872 |
| 2024 | 2,781 |
| 2023 | 3,157 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 1,472,985,000 | 1,330,383,000 | 2,290,786,000 |
| Cost Of Revenue | 785,981,000 | 701,245,000 | 1,232,398,000 |
| Gross Profit | 687,004,000 | 629,138,000 | 1,058,388,000 |
| Research And Development Expenses | 189,075,000 | 201,315,000 | 227,336,000 |
| General And Administrative Expenses | 135,767,000 | 130,825,000 | 137,835,000 |
| Operating Expenses | 529,478,000 | 551,846,000 | 612,647,000 |
| Operating Income | 157,526,000 | 77,292,000 | 445,741,000 |
| Net Income | 172,133,000 | 102,658,000 | 438,936,000 |
| Earnings Per Share Basic | 1.31 | 0.76 | 3.22 |
| Earnings Per Share Diluted | 1.29 | 0.75 | 3.06 |
| Weighted Average Shares Outstanding Basic | 131,162,000 | 135,167,000 | 136,376,000 |
| Weighted Average Shares Outstanding Diluted | 134,886,000 | 140,004,000 | 143,290,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 474,318,000 | 369,110,000 | 288,748,000 |
| Marketable Securities Current | 1,038,536,000 | 1,253,480,000 | 1,406,286,000 |
| Accounts Receivable | 229,881,000 | 223,749,000 | 445,959,000 |
| Inventories | 288,047,000 | 165,004,000 | 213,595,000 |
| Non Trade Receivables | 47,000,000 | — | — |
| Other Assets Current | — | — | — |
| Total Assets Current | 2,606,860,000 | 2,327,084,000 | 2,443,518,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 136,804,000 | 147,514,000 | 168,244,000 |
| Other Assets Non Current | 222,677,000 | 180,925,000 | 215,895,000 |
| Total Assets Non Current | 136,804,000 | 147,514,000 | 168,244,000 |
| Total Assets | 3,509,792,000 | 3,249,676,000 | 3,383,012,000 |
| Accounts Payable | 203,039,000 | 90,032,000 | 116,164,000 |
| Deferred Revenue | 180,524,000 | 237,225,000 | 118,300,000 |
| Short Term Debt | 632,183,000 | 101,291,000 | 0 |
| Other Liabilities Current | 217,366,000 | 196,887,000 | 261,919,000 |
| Total Liabilities Current | 1,262,150,000 | 660,091,000 | 532,449,000 |
| Long Term Debt | 1,204,377,000 | 1,302,380,000 | 1,293,738,000 |
| Other Liabilities Non Current | 65,497,000 | 55,265,000 | 51,008,000 |
| Total Liabilities Non Current | 1,160,619,000 | 1,756,569,000 | 1,866,939,000 |
| Total Liabilities | 2,422,769,000 | 2,416,660,000 | 2,399,388,000 |
| Common Stock | 1,000 | 1,000 | 1,000 |
| Retained Earnings | -203,896,000 | -245,206,000 | 46,273,000 |
| Accumulated Other Comprehensive Income | 1,754,000 | -6,352,000 | -1,988,000 |
| Total Shareholders Equity | 1,087,023,000 | 833,016,000 | 983,624,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 80,645,000 | 81,389,000 | 74,708,000 |
| Share Based Compensation Expense | 214,090,000 | 211,360,000 | 212,857,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | -3,840,000 | -211,640,000 | 12,478,000 |
| Change In Inventories | 123,043,000 | -48,591,000 | 63,887,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 139,143,000 | -85,536,000 | -22,149,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 136,540,000 | 513,693,000 | 696,780,000 |
| Purchases Of Marketable Securities | 744,773,000 | 1,184,649,000 | 2,081,431,000 |
| Sales Of Marketable Securities | 961,756,000 | 1,346,520,000 | 1,840,477,000 |
| Acquisition Of Property Plant And Equipment | 40,639,000 | 33,604,000 | 110,401,000 |
| Acquisition Of Business | — | 0 | 0 |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | 106,792,000 | 128,267,000 | -366,355,000 |
| Tax Withholding For Share Based Compensation | 18,026,000 | 78,813,000 | 120,646,000 |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 129,957,000 | 391,364,000 | 409,998,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | 102,168,000 | — | 0 |
| Other Financing Activities | 8,527,000 | 12,688,000 | 13,870,000 |
| Cash From Financing Activities | -241,624,000 | -460,269,000 | -516,774,000 |
| Change In Cash | 10,202,000 | 175,368,000 | -184,496,000 |
| Cash At End Of Period | 474,318,000 | 369,110,000 | 288,748,000 |
| Income Taxes Paid | 20,450,000 | 32,660,000 | 74,706,000 |
| Interest Paid | 128,000 | 255,000 | 455,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 1.31 | 0.76 | 3.22 |
| Price To Earnings Ratio | 24.4656 | 90.3684 | 41.0373 |
| Earnings Growth Rate | 72.3684 | -76.3975 | 9.5238 |
| Price Earnings To Growth Ratio | 0.3381 | -1.1829 | 4.3089 |
| Book Value Per Share | 8.2876 | 6.1629 | 7.2126 |
| Price To Book Ratio | 3.8672 | 11.1442 | 18.3207 |
| Ebitda | 277,749,000 | 225,612,000 | 597,189,000 |
| Enterprise Value | 5,565,984,100 | 10,317,830,560 | 19,025,714,640 |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | 1.6895 | 1.685 | 1.3153 |
| Capital Expenditures | 69,935,000 | 60,659,000 | 131,585,000 |
| Free Cash Flow | 66,605,000 | 453,034,000 | 565,195,000 |
| Return On Equity | 0.1584 | 0.1232 | 0.4462 |
| One Year Beta | 1.07 | 1.2624 | 2.0025 |
| Three Year Beta | 1.3344 | 1.6285 | 1.7376 |
| Five Year Beta | 1.5099 | 1.6207 | 1.6025 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| MORA RICHARD | Director | 2026-02-10 | 1,100 | D | 9,370 |
| Kothandaraman Badrinarayanan | Director, President & CEO | 2026-02-05 | 750 | A | 1,636,382 |
| Kothandaraman Badrinarayanan | Director, President & CEO | 2026-02-05 | 4,250 | A | 1,640,632 |
| Kothandaraman Badrinarayanan | Director, President & CEO | 2026-01-29 | 33,000 | A | 143,420 |
| Yang Mandy | EVP, Chief Financial Officer | 2026-01-29 | 21,120 | A | 111,227 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Julie Johnson | 2025-03-12 | TX32 | Sale | 2025-02-12 | Joint | $1,001 - $15,000 |
| Julie Johnson | 2025-02-12 | TX32 | Purchase | 2025-01-15 | Joint | $1,001 - $15,000 |
| Josh Gottheimer | 2023-05-19 | NJ05 | Sale | 2023-04-06 | Joint | $1,001 - $15,000 |
| Daniel Goldman | 2023-05-19 | NY10 | Sale (Partial) | 2023-04-10 | — | $1,001 - $15,000 |
| Daniel Goldman | 2023-04-17 | NY10 | Purchase | 2023-03-06 | — | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| FIRST TRUST ADVISORS LP | 2025-12-31 | 41,278,989 | 1,287,956 | 32.05 |
| Headlands Technologies LLC | 2025-12-31 | 443,572 | 13,840 | 32.05 |
| Kilter Group LLC | 2025-12-31 | 17,628 | 550 | 32.0509 |
| SEI INVESTMENTS CO | 2025-12-31 | 626,931 | 19,565 | 32.0435 |
| Gen-Wealth Partners Inc | 2025-12-31 | 513 | 16 | 32.0625 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| EMPOWER FUNDS, INC. | 2025-12-31 | Institutional Class | MXERX | 96,982 | 3,108,273 | 0.2796 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Class L | MXNSX | 96,982 | 3,108,273 | 0.2796 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Investor Class | MXISX | 96,982 | 3,108,273 | 0.2796 |
| SHELTON FUNDS | 2025-11-30 | K Shares | SMLKX | 4,313 | 124,430.05 | 0.2619 |
| SHELTON FUNDS | 2025-11-30 | Investor Shares | SMCIX | 4,313 | 124,430.05 | 0.2619 |