Growth Metrics

Enphase Energy (ENPH) Shares Outstanding (Diluted Average) (2013 - 2026)

Enphase Energy's quarterly Shares Outstanding (Diluted Average) came in at $131.3 million in Q1 2026, down 3.58% year-on-year from $136.2 million in Q1 2025, and down 2.63% quarter-over-quarter from $134.9 million in Q4 2025.

Enphase Energy has reported Shares Outstanding (Diluted Average) for 14 years, with the latest figure at $131.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) fell 3.58% year-over-year to $131.3 million; the trailing twelve-month figure through Mar 2026 stood at $131.3 million (down 3.58% YoY), and the FY2025 full-year result was $134.9 million, down 3.66% from the prior year.
  • Shares Outstanding (Diluted Average) for Q1 2026 stood at $131.3 million, down from $134.9 million in the prior quarter.
  • The five-year high for Shares Outstanding (Diluted Average) was $146.0 million in Q1 2023, with the low at $131.3 million in Q1 2026.
  • Average Shares Outstanding (Diluted Average) over 5 years is $139.9 million, with a median of $140.0 million recorded in 2024.
  • Year-over-year, Shares Outstanding (Diluted Average) advanced 1.06% in 2022 and slipped 6.92% in 2024.
  • Tracing ENPH's Shares Outstanding (Diluted Average) over 5 years: stood at $144.4 million in 2022, then slipped by 0.76% to $143.3 million in 2023, then declined by 2.29% to $140.0 million in 2024, then slipped by 3.66% to $134.9 million in 2025, then fell by 2.63% to $131.3 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $131.3 million (Q1 2026), $134.9 million (Q4 2025), and $133.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 107.62 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 152.71 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 2,500.00
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 131.34 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 60.52 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 272.35 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 167.56 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 152.96 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 209.48 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 72.58 Mn

Historic Data

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DateValue
Mar 31, 2026 131.34 Mn
Dec 31, 2025 134.89 Mn
Sep 30, 2025 133.44 Mn
Jun 30, 2025 135.72 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 144.06 Mn
Jun 30, 2022 143.73 Mn
Mar 31, 2022 144.62 Mn
Dec 31, 2021 142.88 Mn
Sep 30, 2021 143.09 Mn
Jun 30, 2021 144.02 Mn
Mar 31, 2021 146.44 Mn
Dec 31, 2020 141.92 Mn
Sep 30, 2020 141.82 Mn
Jun 30, 2020 138.91 Mn
Mar 31, 2020 138.10 Mn
Dec 31, 2019 131.64 Mn
Sep 30, 2019 131.11 Mn
Jun 30, 2019 129.40 Mn
Mar 31, 2019 115.86 Mn
Dec 31, 2018 99.62 Mn
Jun 30, 2018 97.32 Mn
Mar 31, 2018 91.42 Mn
Dec 31, 2017 82.94 Mn
Sep 30, 2016 47.28 Mn
Sep 30, 2015 48.00 Mn
Sep 30, 2014 42.66 Mn
Sep 30, 2013 41.78 Mn