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