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

Enphase Energy (ENPH) recorded quarterly Shares Outstanding (Diluted Average) of $131.3 million in Q1 2026, down 2.63% quarter-over-quarter from $134.9 million in Q4 2025, and down 3.58% on a YoY basis from $136.2 million in Q1 2025.

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

Enphase Energy's Shares Outstanding (Diluted Average) history runs 14 years deep, the most recent figure standing at $131.3 million for Q1 2026.

  • In Q1 2026, Shares Outstanding (Diluted Average) fell 3.58% year-over-year to $131.3 million; the TTM figure through Mar 2026 stood at $131.3 million (down 3.58% YoY), while the FY2025 annual figure was $134.9 million, down 3.66% from the prior year.
  • Shares Outstanding (Diluted Average) was $131.3 million for Q1 2026 at Enphase Energy, down from $134.9 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $146.0 million in Q1 2023 to a low of $131.3 million in Q1 2026.
  • Historically, Shares Outstanding (Diluted Average) has averaged $139.9 million across 5 years, with a median of $140.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Shares Outstanding (Diluted Average) rose 1.06% in 2022, then retreated 6.92% in 2024.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $144.4 million in 2022, then decreased by 0.76% to $143.3 million in 2023, then dropped by 2.29% to $140.0 million in 2024, then decreased by 3.66% to $134.9 million in 2025, then declined 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 28.68 Bn 26.25 Bn 486.13 Mn 107.62 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 152.71 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 131.34 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 60.52 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 272.35 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 167.56 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 152.96 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 30.24 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 72.58 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 26.16 Mn

Historic Data

Download Data
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