Shares Outstanding for Enphase Energy (ENPH)
According to Enphase Energy's latest reported financial statements, the company's latest reported diluted shares outstanding is 131.34M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
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
131.34M
YoY change
-3.7%
5Y CAGR
-1.0%
Peak year (2022)
144.39M
Latest annual
134.89M
Shares Outstanding history chart for Enphase Energy (ENPH) from 2008 to 2025
Shares Outstanding history table for Enphase Energy (ENPH) from 2008 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 134.89M | -3.7% | ||
| 2024 | 140.00M | -2.3% | ||
| 2023 | 143.29M | -0.8% | ||
| 2022 | 144.39M | +1.1% | ||
| 2021 | 142.88M | +0.7% | ||
| 2020 | 141.92M | +7.8% | ||
| 2019 | 131.64M | +32.1% | ||
| 2018 | 99.62M | +20.1% | ||
| 2017 | 82.94M | +64.2% | ||
| 2016 | 50.52M | +13.2% | ||
| 2015 | 44.63M | +4.0% | ||
| 2014 | 42.90M | +3.0% | ||
| 2013 | 41.65M | +35.5% | ||
| 2012 | 30.74M | -21.8% | ||
| 2011 | 39.29M | +3377.1% | ||
| 2010 | 1.13M | 0.0% | ||
| 2009 | 1.13M | 0.0% | ||
| 2008 | 1.13M | — |
Shares Outstanding 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
The 2025 reading of Enphase Energy (ENPH) diluted shares outstanding is 134.89M – edged down 3.7% year-over-year.
Through 2020–2025 (5 years), Enphase Energy diluted shares outstanding delivered a -1.0% annualised rate; with a net decline across the window.
Enphase Energy diluted shares outstanding declined from 144.39M in 2022 to 134.89M in 2025, a 6.6% drawdown.
2022 marks the peak diluted shares outstanding at 144.39M, with the historical low of 1.13M recorded in 2008.
Among 8 Energy peers, Enphase Energy (ENPH) ranks 9th; the peer median for diluted shares outstanding is 1.37B.
Enphase Energy Shares Outstanding by Year
Enphase Energy Shares Outstanding 2025: 134.89M
Enphase Energy diluted shares outstanding in 2025 was 134.89M, edged down 3.7% below 2024.
Enphase Energy Shares Outstanding 2024: 140.00M
Enphase Energy diluted shares outstanding in 2024 was 140.00M, edged down 2.3% below 2023.
Enphase Energy Shares Outstanding 2023: 143.29M
Enphase Energy diluted shares outstanding in 2023 was 143.29M, edged down 0.8% below 2022.
Enphase Energy Shares Outstanding 2022: 144.39M
Enphase Energy diluted shares outstanding in 2022 was 144.39M, edged up 1.1% from 2021. This figure represents the highest annual value in the available history.
Enphase Energy Shares Outstanding 2021: 142.88M
Enphase Energy diluted shares outstanding in 2021 was 142.88M.
See more financial history for Enphase Energy (ENPH).
Sector peers — Shares Outstanding
Companies in the same sector as Enphase Energy, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | 4.30B | Energy |
| Enbridge Inc. (ENB) | 2.19B | Energy |
| Chevron Corporation (CVX) | 1.86B | Energy |
| SLB N.V. (SLB) | 1.49B | Energy |
| ConocoPhillips (COP) | 1.25B | Energy |
| The Williams Companies, Inc. (WMB) | 1.22B | Energy |
| EOG Resources, Inc. (EOG) | 539.23M | Energy |
| Valero Energy Corporation (VLO) | 309.00M | Energy |
Frequently asked questions
What is Enphase Energy's diluted shares outstanding?
- Latest reported diluted shares outstanding for Enphase Energy (ENPH) is 131.34M (period ending March 31, 2026).
How has Enphase Energy diluted shares outstanding changed year-over-year?
- Enphase Energy (ENPH) diluted shares outstanding changed -3.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Enphase Energy diluted shares outstanding?
- Enphase Energy (ENPH) diluted shares outstanding compound annual growth rate is -1.0% over the most recent 5 years available.
When did Enphase Energy diluted shares outstanding hit its highest annual value?
- Enphase Energy diluted shares outstanding reached its highest annual value of 144.39M in 2022.
What was Enphase Energy diluted shares outstanding in 2024?
- Enphase Energy (ENPH) diluted shares outstanding in 2024 was 140.00M.
What was Enphase Energy diluted shares outstanding in 2025?
- Enphase Energy (ENPH) diluted shares outstanding in 2025 was 134.89M.
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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