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

Enphase Energy (ENPH) recorded quarterly Share-based Compensation of $49.0 million in Q1 2026, down 7.72% quarter-over-quarter from $53.1 million in Q4 2025, and down 11.94% on a YoY basis from $55.6 million in Q1 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 $49.0 million for Q1 2026.

  • In Q1 2026, Share-based Compensation fell 11.94% year-over-year to $49.0 million; the TTM figure through Mar 2026 stood at $207.4 million (up 0.62% YoY), while the FY2025 annual figure was $214.1 million, up 1.29% from the prior year.
  • Share-based Compensation was $49.0 million for Q1 2026 at Enphase Energy, down from $53.1 million in the prior quarter.
  • In the past five years, Share-based Compensation ranged from a high of $63.6 million in Q4 2022 to a low of $43.8 million in Q3 2023.
  • Historically, Share-based Compensation has averaged $53.2 million across 5 years, with a median of $53.1 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Share-based Compensation jumped 246.55% in 2022, then dropped 16.22% in 2023.
  • A 5-year view of Share-based Compensation shows it stood at $63.6 million in 2022, then fell by 13.23% to $55.2 million in 2023, then slipped by 6.14% to $51.8 million in 2024, then advanced by 2.43% to $53.1 million in 2025, then fell by 7.72% to $49.0 million in 2026.
  • The last three Share-based Compensation figures came in at $49.0 million (Q1 2026), $53.1 million (Q4 2025), and $51.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 6.78 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 120.30 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 48.99 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 19.85 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 26.30 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 3.32 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 3.94 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 1.61 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 48.99 Mn
Mar 31, 2026 48.99 Mn
Dec 31, 2025 53.09 Mn
Dec 31, 2025 53.09 Mn
Sep 30, 2025 51.47 Mn
Sep 30, 2025 51.47 Mn
Jun 30, 2025 53.90 Mn
Jun 30, 2025 53.90 Mn
Mar 31, 2025 55.63 Mn
Mar 31, 2025 55.63 Mn
Dec 31, 2024 51.83 Mn
Dec 31, 2024 51.83 Mn
Sep 30, 2024 45.94 Mn
Sep 30, 2024 45.94 Mn
Jun 30, 2024 52.76 Mn
Jun 30, 2024 52.76 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