Market Cap for Enphase Energy (ENPH)
According to Enphase Energy's latest reported financial statements, the company's latest reported market cap is $4.97B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
ENPH
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Latest period
$4.97B
YoY change
-5.2%
5Y CAGR
-31.0%
Peak year (2022)
$38.26B
Latest annual
$4.10B
Market Cap history chart for Enphase Energy (ENPH) from 2012 to 2026
Market Cap history table for Enphase Energy (ENPH) from 2012 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $4.10B | -5.2% | ||
| 2025 | $4.32B | -55.0% | ||
| 2024 | $9.62B | -49.2% | ||
| 2023 | $18.93B | -50.5% | ||
| 2022 | $38.26B | +46.4% | ||
| 2021 | $26.14B | +5.0% | ||
| 2020 | $24.90B | +623.9% | ||
| 2019 | $3.44B | +630.0% | ||
| 2018 | $471.20M | +135.7% | ||
| 2017 | $199.88M | +291.7% | ||
| 2016 | $51.02M | -67.4% | ||
| 2015 | $156.66M | -74.4% | ||
| 2014 | $613.08M | +132.2% | ||
| 2013 | $264.04M | +135.3% | ||
| 2012 | $112.20M | — |
Market Cap values are taken from Enphase Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2026 fiscal year, Enphase Energy (ENPH) reported market cap of $4.10B – declined 5.2% year-over-year.
Over 2021–2026 (5 years), Enphase Energy market cap expanded at a -31.0% compound annual rate, with a net decline across the window.
Enphase Energy market cap peaked at $38.26B in 2022; the latest annual figure is $4.10B in 2026 (89.3% below peak).
$38.26B stands as the all-time-high annual market cap, posted in 2022, against a low of $51.02M during 2016.
Enphase Energy (ENPH) sits 9th of 8 Energy peers we track on this metric, against a peer median of $102.52B.
Enphase Energy Market Cap by Year
Enphase Energy Market Cap 2026: $4.10B
Enphase Energy market cap in 2026 was $4.10B, declined 5.2% below 2025.
Enphase Energy Market Cap 2025: $4.32B
Enphase Energy market cap in 2025 was $4.32B, plunged 55.0% below 2024.
Enphase Energy Market Cap 2024: $9.62B
Enphase Energy market cap in 2024 was $9.62B, plunged 49.2% below 2023.
Enphase Energy Market Cap 2023: $18.93B
Enphase Energy market cap in 2023 was $18.93B, plunged 50.5% below 2022.
Enphase Energy Market Cap 2022: $38.26B
Enphase Energy market cap in 2022 was $38.26B.
See more financial history for Enphase Energy (ENPH).
Sector peers — Market Cap
Companies in the same sector as Enphase Energy, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $625.81B | Energy |
| Chevron Corporation (CVX) | $375.85B | Energy |
| ConocoPhillips (COP) | $151.53B | Energy |
| Enbridge Inc. (ENB) | $115.72B | Energy |
| The Williams Companies, Inc. (WMB) | $89.32B | Energy |
| SLB N.V. (SLB) | $83.54B | Energy |
| EOG Resources, Inc. (EOG) | $72.74B | Energy |
| Valero Energy Corporation (VLO) | $71.85B | Energy |
Frequently asked questions
What is Enphase Energy's market cap?
- Latest reported market cap for Enphase Energy (ENPH) is $4.97B (period ending March 31, 2026).
How has Enphase Energy market cap changed year-over-year?
- Enphase Energy (ENPH) market cap changed -5.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Enphase Energy market cap?
- Enphase Energy (ENPH) market cap compound annual growth rate is -31.0% over the most recent 5 years available.
When did Enphase Energy market cap hit its highest annual value?
- Enphase Energy market cap reached its highest annual value of $38.26B in 2022.
What was Enphase Energy market cap in 2025?
- Enphase Energy (ENPH) market cap in 2025 was $4.32B.
What was Enphase Energy market cap in 2026?
- Enphase Energy (ENPH) market cap in 2026 was $4.10B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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