Enphase Energy (ENPH) Stock Price

Enphase Energy Price

🇺🇸NASDAQ·CLOSED
56.88USD
Market closed
Today +/-
Today %

Enphase Energy (ENPH) Stock | ISIN US29355A1079 | WKN A1JC82. The current Enphase Energy stock price is 56.88 USD (2026). Revenue is 1.29 B USD. Net income is 266.97 M USD. The P/E ratio is 28.74. Market capitalization is 7.44 B USD. Enphase Energy operates in the Information technology sector.

Enphase Energy stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Enphase Energy over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Enphase Energy stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Enphase Energy's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Enphase Energy Stock Price History
DateEnphase Energy Price
Access this data via the Eulerpool API

Enphase Energy Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
0 USD
-200,000 USD
-200,000 USD
Jan 1, 2007
0 USD
-3.3 M USD
-3.1 M USD
Jan 1, 2008
1.7 M USD
-14.7 M USD
-14.5 M USD
Jan 1, 2009
20.2 M USD
-16.7 M USD
-16.9 M USD
Jan 1, 2010
61.7 M USD
-20.7 M USD
-21.8 M USD
Jan 1, 2011
149.5 M USD
-28.7 M USD
-32.3 M USD
Jan 1, 2012
216.7 M USD
-31.2 M USD
-38.2 M USD
Jan 1, 2013
232.8 M USD
-22.2 M USD
-25.9 M USD
Jan 1, 2014
343.9 M USD
-4.4 M USD
-8.1 M USD
Jan 1, 2015
357.2 M USD
-19.3 M USD
-22.1 M USD
Jan 1, 2016
322.6 M USD
-58.9 M USD
-67.5 M USD
Jan 1, 2017
286.2 M USD
-22.5 M USD
-45.2 M USD
Jan 1, 2018
316.2 M USD
5.7 M USD
-11.6 M USD
Jan 1, 2019
624.3 M USD
105.3 M USD
161.1 M USD
Jan 1, 2020
774.4 M USD
186.4 M USD
134 M USD

Enphase Energy Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 12:35 PM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Enphase Energy generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Enphase Energy retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Enphase Energy's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Enphase Energy has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Enphase Energy's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Enphase Energy stock margins

The Enphase Energy margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Enphase Energy. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Enphase Energy.
  • 3 Years

  • 5 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
46.64 %
- %
- %
Jan 1, 2007
46.64 %
- %
- %
Jan 1, 2008
-341.18 %
-864.71 %
-852.94 %
Jan 1, 2009
-14.85 %
-82.67 %
-83.66 %
Jan 1, 2010
10.53 %
-33.55 %
-35.33 %
Jan 1, 2011
19.46 %
-19.2 %
-21.61 %
Jan 1, 2012
25.52 %
-14.4 %
-17.63 %
Jan 1, 2013
28.95 %
-9.54 %
-11.13 %
Jan 1, 2014
32.86 %
-1.28 %
-2.36 %
Jan 1, 2015
30.29 %
-5.4 %
-6.19 %
Jan 1, 2016
17.98 %
-18.26 %
-20.92 %
Jan 1, 2017
19.57 %
-7.86 %
-15.79 %
Jan 1, 2018
29.85 %
1.8 %
-3.67 %
Jan 1, 2019
35.43 %
16.87 %
25.8 %
Jan 1, 2020
44.68 %
24.07 %
17.3 %

Enphase Energy Stock Revenue, EBIT, Earnings per Share

The Enphase Energy earnings per share therefore indicates how much revenue Enphase Energy has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
0 USD
-0.01 USD
-0.01 USD
Jan 1, 2007
0 USD
-0.08 USD
-0.08 USD
Jan 1, 2008
0.04 USD
-0.37 USD
-0.37 USD
Jan 1, 2009
0.51 USD
-0.42 USD
-0.43 USD
Jan 1, 2010
1.57 USD
-0.53 USD
-0.55 USD
Jan 1, 2011
3.8 USD
-0.73 USD
-0.82 USD
Jan 1, 2012
7.06 USD
-1.02 USD
-1.24 USD
Jan 1, 2013
5.6 USD
-0.53 USD
-0.62 USD
Jan 1, 2014
8.02 USD
-0.1 USD
-0.19 USD
Jan 1, 2015
8.01 USD
-0.43 USD
-0.5 USD
Jan 1, 2016
6.39 USD
-1.17 USD
-1.34 USD
Jan 1, 2017
3.45 USD
-0.27 USD
-0.55 USD
Jan 1, 2018
3.17 USD
0.06 USD
-0.12 USD
Jan 1, 2019
4.74 USD
0.8 USD
1.22 USD
Jan 1, 2020
5.46 USD
1.31 USD
0.94 USD

Enphase Energy business model & stock analysis

Enphase Energy Inc is a leading provider of energy solutions for the global market. The company was founded in 2006 by Martin Fornage and Raghu Belur and is headquartered in Petaluma, California. Enphase Energy specializes in the development and manufacturing of innovative inverters. These devices convert the DC voltage generated from solar energy into AC power that can be fed into the electrical grid. The company aims to make the use of solar energy simpler, safer, and more profitable. Enphase Energy Inc has developed a unique technology that allows for the individual monitoring of each solar panel, maximizing solar energy output. This technology is achieved through the patented micro-inverter system, which can regulate each solar panel independently of others. This improves the performance and efficiency of solar systems. Enphase Energy Inc's business model includes a wide range of products, from inverters to monitoring and control solutions. The company also offers training, technical support, and other services to provide comprehensive support to its customers in the field of solar energy. The different divisions of Enphase Energy Inc include: Ensemble: The Ensemble system is a solar and storage solution designed to enhance the energy supply for homes and businesses. It consists of a micro-inverter system, an energy storage system, and intelligent software that controls and optimizes the entire system. IQ: The IQ series of inverters is a high-tech solution specifically designed for residential and small commercial installations. IQ inverters are capable of maximizing the overall performance of solar panels through individual monitoring and optimization. Other products: Enphase Energy Inc also offers a range of products that contribute to making solar systems safer, more efficient, and smarter. These include monitoring systems, solar panels, and accessories. Enphase Energy Inc has become a key player in the global solar energy market. The company has expanded its presence in North America, Europe, and Asia and works closely with partners and customers to develop customized solutions that enable higher efficiency and profitability of solar systems. Enphase Energy Inc has received numerous awards and recognition, including the Intersolar Award, the Edison Award, and the Solar Power World Top Solar Contractor Award. The company aims to further promote the use of solar energy and shape a sustainable energy future.

Enphase Energy SWOT Analysis

Strengths

Enphase Energy Inc has a strong brand reputation due to its innovative and reliable solar energy solutions. The company's products are known for their superior quality and performance.

Enphase Energy Inc has a robust and advanced technology platform that allows for efficient solar energy generation and management. This technological edge gives the company a competitive advantage in the market.

The company has a diverse product portfolio, offering a wide range of solar energy products and solutions. This allows Enphase Energy Inc to cater to various customer needs and preferences.

Enphase Energy Inc has established strong partnerships and collaborations with key players in the solar industry, which helps in expanding its market reach and distribution network.

Weaknesses

One of the weaknesses of Enphase Energy Inc is its dependency on the solar energy market. Any fluctuations or slowdown in the solar industry can directly impact the company's revenue and profitability.

Enphase Energy Inc operates in a highly regulated industry, which can pose challenges in terms of compliance with various government regulations and policies.

The company faces the risk of potential intellectual property infringement, as competitors might try to replicate or imitate its technology and products.

Opportunities

The growing global focus on renewable energy and increasing government support for solar power present significant opportunities for Enphase Energy Inc. The demand for solar energy solutions is expected to rise, providing a larger market for the company.

Enphase Energy Inc can expand its product offerings by developing new and innovative solutions to cater to emerging customer needs and trends in the renewable energy sector.

The company can explore international markets and capitalize on the increasing adoption of solar energy technologies in developing countries.

Threats

Intense competition in the solar industry poses a threat to Enphase Energy Inc. Other companies can introduce similar or superior products, potentially eroding its market share.

Rapidly changing technology and evolving industry standards can render Enphase Energy Inc's current products obsolete, requiring continuous investments in research and development to stay competitive.

Economic fluctuations and changes in government policies related to solar energy subsidies can directly impact the demand for Enphase Energy Inc's products and solutions.

Enphase Energy Segments

Enphase Energy Revenue by Segment

  • Max

Reportable Segment
Details
Date
Reportable Segment
Jan 1, 2024
1.33 B USD
Jan 1, 2025
1.47 B USD

Enphase Energy Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

United States
Others
Netherlands
International
Details
Date
United States
Others
Netherlands
International
Jan 1, 2012
189.71 M USD
0 USD
0 USD
26.97 M USD
Jan 1, 2013
192.88 M USD
0 USD
0 USD
39.97 M USD
Jan 1, 2014
294.55 M USD
0 USD
0 USD
49.36 M USD
Jan 1, 2015
303.2 M USD
0 USD
0 USD
54.05 M USD
Jan 1, 2016
259.08 M USD
0 USD
0 USD
63.51 M USD
Jan 1, 2017
199.57 M USD
0 USD
0 USD
86.6 M USD
Jan 1, 2018
219.6 M USD
0 USD
0 USD
96.56 M USD
Jan 1, 2019
523.58 M USD
0 USD
0 USD
100.76 M USD
Jan 1, 2021
1.11 B USD
0 USD
0 USD
273.25 M USD
Jan 1, 2022
1.76 B USD
0 USD
0 USD
569.01 M USD
Jan 1, 2023
1.47 B USD
470.05 M USD
351.63 M USD
821.68 M USD
Jan 1, 2024
934.69 M USD
0 USD
0 USD
395.69 M USD
Jan 1, 2025
1.19 B USD
0 USD
0 USD
284.27 M USD

Enphase Energy Eulerpool Fair Value

Enphase Energy historical P/E ratio, EBIT multiple, and P/S ratio

Enphase Energy annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Enphase Energy shares outstanding

The number of shares was Enphase Energy in 2025 — This indicates how many shares 134.886 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
39.3 M base_Shares
Jan 1, 2007
39.3 M base_Shares
Jan 1, 2008
39.3 M base_Shares
Jan 1, 2009
39.3 M base_Shares
Jan 1, 2010
39.3 M base_Shares
Jan 1, 2011
39.3 M base_Shares
Jan 1, 2012
30.7 M base_Shares
Jan 1, 2013
41.6 M base_Shares
Jan 1, 2014
42.9 M base_Shares
Jan 1, 2015
44.6 M base_Shares
Jan 1, 2016
50.5 M base_Shares
Jan 1, 2017
82.9 M base_Shares
Jan 1, 2018
99.6 M base_Shares
Jan 1, 2019
131.6 M base_Shares
Jan 1, 2020
141.9 M base_Shares
Price targets and forecasts for Enphase Energy are not yet available.

Enphase Energy Earnings Estimates

Enphase Energy Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/28/20260.45USD289.17 MUSD2026 Q1
4/20/20260.45USD289.17 MUSD2026 Q1
2/10/20260.59USD345.22 MUSD2025 Q4
2/3/20260.59USD346.56 MUSD2025 Q4
2/2/20260.59USD345.22 MUSD2025 Q4
4/23/20240.62USD340 MUSD2024 Q1
2/5/20240.61USD346.83 MUSD2023 Q4
7/24/20231.26USD746.77 MUSD2023 Q2
4/24/20231.13USD681.52 MUSD2023 Q1
2/6/20231.29USD711.27 MUSD2022 Q4

EESG©

Eulerpool ESG Scorecard© for the Enphase Energy stock

49/100
74
Environment
49
Social
24
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy15,557
Scope 3 - Indirect emissions within the value chain49,077
Total CO₂ emissions15,557
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees17.5
Percentage of women in management
Percentage of Asian employees17.1
Share of Asian management31.3
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees3
Black Management Share2.2
Percentage of white employees76.3
White Management Share63.4
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Enphase Energy shareholder structure

% Name
12.55514%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
6.76404%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
4.72988%
Invesco Capital Management LLC
Invesco Capital Management LLC
4.08449%
Two Sigma Investments, LP
Two Sigma Investments, LP
4.00153%
State Street Investment Management (US)
State Street Investment Management (US)
2.70738%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
2.6873%
D. E. Shaw & Co., L.P.
D. E. Shaw & Co., L.P.
2.47725%
Renaissance Technologies LLC
Renaissance Technologies LLC
2.03645%
Baillie Gifford & Co.
Baillie Gifford & Co.
1.80413%
BlackRock Asset Management Ireland Limited
BlackRock Asset Management Ireland Limited
...

Enphase Energy Executives and Management Board

BK

Mr. Badrinarayanan Kothandaraman

(53)

President, Chief Executive Officer, Director · since 2017

Compensation12.63 M USD
MY

Ms. Mandy Yang

(49)

Chief Financial Officer, Executive Vice President

Compensation6.71 M USD
SG

Mr. Steven Gomo

(73)

Lead Independent Chairman of the Board

Compensation374,969 USD
BK

Mr. Benjamin Kortlang

(49)

Independent Director

Compensation334,993 USD
RM

Mr. Richard Mora

(60)

Independent Director

Compensation334,993 USD

Enphase Energy Supply Chain

Frequently asked questions about Enphase Energy

The business model of Enphase Energy Inc revolves around providing integrated solar energy solutions. As a leading provider of energy management systems, Enphase Energy offers innovative microinverter technology that maximizes energy production and reduces system costs. By partnering with solar manufacturers, Enphase Energy promotes the adoption of clean, sustainable energy sources. Their advanced microinverter system aims to enhance solar panel performance, increase system reliability, and simplify installation and maintenance processes. With a focus on driving the transition to renewable energy, Enphase Energy Inc continues to empower homeowners and businesses to generate and consume clean, efficient solar energy.

All fundamentals and in-depth analysis of Enphase Energy

Our stock analysis for Enphase Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Enphase Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.