Enphase Energy (ENPH) Share-based Compensation (2011 - 2026)

Enphase Energy's (ENPH) quarterly Share-based Compensation came in at $18.7 million in Q1 2026, up 54.3% year-on-year from $12.1 million in Q1 2025, and down 64.8% quarter-over-quarter from $53.1 million in Q4 2025.

Enphase Energy (ENPH) Share-based Compensation (2011 - 2026) Analysis & Trends

Enphase Energy's Share-based Compensation history runs 16 years deep, the most recent figure standing at $18.7 million for Q1 2026.

  • On a quarterly basis, Share-based Compensation rose 54.3% year-over-year to $18.7 million in Q1 2026; TTM through Mar 2026 was $220.7 million, a 35.68% increase from a year earlier, with the FY2025 full-year figure at $214.1 million, up 1.29% from the prior year.
  • Share-based Compensation declined to $18.7 million in Q1 2026 per ENPH's latest filing, from $53.1 million in the prior quarter.
  • Across five years, Share-based Compensation topped out at $146.0 million in Q3 2025 and bottomed at $2.9 million in Q2 2025.
  • The 5-year median for Share-based Compensation is $53.1 million (2022), against an average of $51.4 million.
  • Across the five-year window, Share-based Compensation sank 87.66% in 2024 and surged 2223.0% in 2025, its largest moves.
  • Year by year, Share-based Compensation stood at $63.6 million in 2022, then fell by 13.23% to $55.2 million in 2023, then jumped by 149.1% to $137.6 million in 2024, then sank by 61.4% to $53.1 million in 2025, then sank by 64.8% to $18.7 million in 2026.
  • Per Business Quant, the three latest ENPH Share-based Compensation figures stand at $18.7 million (Q1 2026), $53.1 million (Q4 2025), and $146.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 6.78 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 120.30 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 18.69 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 5.26 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 26.30 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 1.35 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 51.94 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 3.94 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 18.69 Mn
Mar 31, 2026 18.69 Mn
Dec 31, 2025 53.09 Mn
Dec 31, 2025 53.09 Mn
Sep 30, 2025 146.02 Mn
Sep 30, 2025 146.02 Mn
Jun 30, 2025 2.86 Mn
Jun 30, 2025 2.86 Mn
Mar 31, 2025 12.11 Mn
Mar 31, 2025 12.11 Mn
Dec 31, 2024 137.56 Mn
Dec 31, 2024 137.56 Mn
Sep 30, 2024 6.29 Mn
Sep 30, 2024 6.29 Mn
Jun 30, 2024 6.68 Mn
Jun 30, 2024 6.68 Mn
Mar 31, 2024 60.83 Mn
Mar 31, 2024 60.83 Mn
Dec 31, 2023 55.22 Mn
Dec 31, 2023 55.22 Mn