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| Date | Value |
|---|---|
| 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 |