Enphase Energy (ENPH) Shares Outstanding (Diluted) (2013 - 2026)
Enphase Energy's Weighted Average Shares Outstanding (Diluted) was 135.2 million in Q3 2026, up 1.7% from 133 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Shares Outstanding (Diluted) (2013 - 2026) Analysis & Trends
For FY2025, Weighted Average Shares Outstanding (Diluted) at Enphase Energy came in at 134.89 million, down 3.7% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has now declined for three consecutive years, with a five-year compound annual growth rate of -1.0% (FY2020 to FY2025).
- In earlier years, Weighted Average Shares Outstanding (Diluted) was 140 million in FY2024 (-2.3%), 143.29 million in FY2023 (-0.8%), 144.39 million in FY2022 (+1.1%) and 142.88 million in FY2021 (+0.7%).
- The Q3 2026 figure marks the highest quarterly Weighted Average Shares Outstanding (Diluted) since Q2 2025.
- Compared with a year earlier, Weighted Average Shares Outstanding (Diluted) was higher in two of the last eight quarters, with an average decline of 1.7%.
- The best year-over-year quarter for Weighted Average Shares Outstanding (Diluted) over five years was Q3 2022 (growth of 3.4%); the worst was Q1 2024 (a decline of 6.9%).
- Per Business Quant data, ENPH's Weighted Average Shares Outstanding (Diluted) in the three quarters before Q3 2026 was 135.12 million (Q2 2026), 131.34 million (Q1 2026) and 134.89 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 268.00 Mn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 324.29 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 107.70 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 153.91 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 91.99 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 59.56 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 750.00 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 37.30 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 272.89 Mn |
| 10 | Enphase Energy | 3.45 Bn | -863.96 Mn | 127.12 Mn | 135.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 135.20 Mn |
| Jun 30, 2026 | 135.12 Mn |
| Mar 31, 2026 | 131.34 Mn |
| Dec 31, 2025 | 134.89 Mn |
| Sep 30, 2025 | 133.00 Mn |
| Jun 30, 2025 | 135.22 Mn |
| Mar 31, 2025 | 136.21 Mn |
| Dec 31, 2024 | 140.00 Mn |
| Sep 30, 2024 | 139.91 Mn |
| Jun 30, 2024 | 136.12 Mn |
| Mar 31, 2024 | 135.89 Mn |
| Dec 31, 2023 | 143.29 Mn |
| Sep 30, 2023 | 143.86 Mn |
| Jun 30, 2023 | 145.10 Mn |
| Mar 31, 2023 | 145.99 Mn |
| Dec 31, 2022 | 144.39 Mn |
| Sep 30, 2022 | 145.96 Mn |
| Jun 30, 2022 | 143.73 Mn |
| Mar 31, 2022 | 144.62 Mn |
| Dec 31, 2021 | 142.88 Mn |
API Access
Enphase Energy Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();