Enphase Energy (ENPH) Share-based Compensation (2011 - 2026)
Enphase Energy's Share-based Compensation was $43.55 million in Q2 2026, down 19.2% from $53.9 million a year earlier and down 11.1% from the prior quarter.
Enphase Energy (ENPH) Share-based Compensation (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Enphase Energy's Share-based Compensation was $197.11 million through Jun 30, 2026, down 4.9% year-over-year; for FY2025, it was $214.09 million, up 1.3% from FY2024.
- Share-based Compensation shows a five-year compound annual growth rate of 38.2% (FY2020 to FY2025).
- In earlier years, Share-based Compensation was $211.36 million in FY2024 (-0.7%), $212.86 million in FY2023 (-1.8%), $216.8 million in FY2022 (+89.7%) and $114.29 million in FY2021 (+168.9%).
- The Q2 2026 figure marks the lowest quarterly Share-based Compensation since Q4 2021.
- Compared with a year earlier, Share-based Compensation was higher in four of the last eight quarters, with an average decline of 3.0%.
- The best year-over-year quarter for Share-based Compensation over five years was Q4 2021 (growth of 348.5%); the worst was Q2 2026 (a decline of 19.2%).
- Per Business Quant data, ENPH's Share-based Compensation in the three quarters before Q2 2026 was $48.99 million (Q1 2026), $53.09 million (Q4 2025) and $51.47 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn | - |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn | - |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn | 7.05 Mn |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | 9.95 Mn |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn | 14.01 Mn |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn | 7.78 Mn |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn | 43.55 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 6.90 Mn |
| 10 | Nuscale Power | 3.25 Bn | 3.20 Bn | -152,000.00 | 6.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.55 Mn |
| Mar 31, 2026 | 48.99 Mn |
| Dec 31, 2025 | 53.09 Mn |
| Sep 30, 2025 | 51.47 Mn |
| Jun 30, 2025 | 53.90 Mn |
| Mar 31, 2025 | 55.63 Mn |
| Dec 31, 2024 | 51.83 Mn |
| Sep 30, 2024 | 45.94 Mn |
| Jun 30, 2024 | 52.76 Mn |
| Mar 31, 2024 | 60.83 Mn |
| Dec 31, 2023 | 55.22 Mn |
| Sep 30, 2023 | 43.81 Mn |
| Jun 30, 2023 | 54.17 Mn |
| Mar 31, 2023 | 59.66 Mn |
| Dec 31, 2022 | 63.65 Mn |
| Sep 30, 2022 | 52.30 Mn |
| Jun 30, 2022 | 53.06 Mn |
| Mar 31, 2022 | 47.80 Mn |
| Dec 31, 2021 | 37.18 Mn |
| Sep 30, 2021 | 46.95 Mn |
Enphase Energy Share-based Compensation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=share-based-compensation&ticker=ENPH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=share-based-compensation&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();