Enphase Energy (ENPH) Market Capitalization (2012 - 2026)
Enphase Energy (ENPH) posted Market Capitalization of $6.5 billion for Q2 2026, up 30.57% on a QoQ basis from $5.0 billion in Q1 2026, and up 25.51% year-over-year from $5.2 billion in Q2 2025.
Analysis
Enphase Energy (ENPH) Market Capitalization (2012 - 2026) Analysis & Trends
Enphase Energy has reported Market Capitalization for 15 years, with the latest figure at $6.5 billion in Q2 2026.
- On a quarterly basis, Market Capitalization rose 25.51% year-over-year to $6.5 billion in Q2 2026; TTM through Jun 2026 was $6.5 billion, a 25.51% increase from a year earlier, with the FY2025 full-year figure at $4.2 billion, down 53.82% from the prior year.
- Market Capitalization was $6.5 billion for Q2 2026 at Enphase Energy, up from $5.0 billion in the prior quarter.
- The five-year high for Market Capitalization was $37.7 billion in Q3 2022, with the low at $4.2 billion in Q4 2025.
- Average Market Capitalization over 5 years is $16.7 billion, with a median of $15.8 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Market Capitalization soared 86.4% in 2022, then sank 69.67% in 2025.
- Over 5 years, Market Capitalization stood at $36.2 billion in 2022, then slumped by 50.39% to $17.9 billion in 2023, then sank by 49.28% to $9.1 billion in 2024, then slumped by 53.82% to $4.2 billion in 2025, then soared by 54.87% to $6.5 billion in 2026.
- The last three Market Capitalization figures came in at $6.5 billion (Q2 2026), $5.0 billion (Q1 2026), and $4.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.51 Bn |
| Mar 31, 2026 | 4.98 Bn |
| Dec 31, 2025 | 4.20 Bn |
| Sep 30, 2025 | 4.63 Bn |
| Jun 30, 2025 | 5.18 Bn |
| Mar 31, 2025 | 8.14 Bn |
| Dec 31, 2024 | 9.10 Bn |
| Sep 30, 2024 | 15.27 Bn |
| Jun 30, 2024 | 13.50 Bn |
| Mar 31, 2024 | 16.45 Bn |
| Dec 31, 2023 | 17.93 Bn |
| Sep 30, 2023 | 16.40 Bn |
| Jun 30, 2023 | 22.78 Bn |
| Mar 31, 2023 | 28.81 Bn |
| Dec 31, 2022 | 36.15 Bn |
| Sep 30, 2022 | 37.70 Bn |
| Jun 30, 2022 | 26.44 Bn |
| Mar 31, 2022 | 27.23 Bn |
| Dec 31, 2021 | 24.49 Bn |
| Sep 30, 2021 | 20.22 Bn |