Enphase Energy, Inc.
Close on Oct 19, 2026
- Market cap
- $4.14B
- P/E (TTM)
- 30.9
- Dividend yield
- –
About Enphase Energy
Semiconductors & Related Devices, SIC 3674
Enphase Energy develops and provides energy management technology for residential and commercial applications. Its product offerings include semiconductor-based microinverters, battery energy storage systems, electric vehicle chargers, load controllers, and cloud-based monitoring software. The company also provides design and proposal software, system diagnostics, and maintenance support. It serves residential and commercial property owners, selling primarily through solar distributors, large installation contractors, original equipment manufacturers, and strategic partners.
The company operates internationally, with more than 5.1 million systems installed across more than 160 countries and approximately 86.4 million microinverters shipped. It conducts manufacturing operations using facilities in the United States, including sites in Texas and South Carolina, alongside contract manufacturing partners in India and China. Its primary commercial markets span North America, Europe, the Asia-Pacific region, and Latin America. The provided text does not disclose the location of its corporate headquarters.
Summary of the business section of Enphase Energy's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Enphase Energy, Inc.
- Founded
- 2006
- Headquarters
- Fremont, CA
- Address
- 47281 Bayside Parkway 94538
- Phone
- (707) 763-4784
- Website
- enphase.com
- Employees
- 2,872, Dec 31, 2025
- Industry
- Semiconductors & Related Devices
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- DELOITTE & TOUCHE LLP, San Jose, California
Stock & identifiers
- Ticker
- ENPH
- Exchange
- Nasdaq
- IPO date
- Mar 30, 2012
- Shares outstanding
- 132M, Jul 20, 2026
- Public float
- $3.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1463101
- CUSIP
- 29355A107
- ISIN
- US29355A1079
- LEI
- 5493008U7KIGMI59Z314
- EIN
- 20-4645388
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Badrinarayanan Kothandaraman | President & CEO, Director | 1,750,019 |
| Mandy Yang | EVP, Chief Financial Officer | 140,335 |
| Mary Erginsoy | VP, Chief Accounting Officer | 47,395 |
| Richard Mora | Director | 10,422 |
| Shanker Trivedi | Director | 5,551 |
| Thurman J. Rodgers | Director | 97,842 |
| Steven J. Gomo | Director | 108,132 |
| Joseph Ian Malchow | Director | 69,912 |
| Jamie Elizabeth Haenggi | Director | 20,898 |
| Benjamin John Kortlang | Director | 220,264 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Badri Kothandaraman | $9.60M | -$16.39K | $5.29M | $18 | $48 |
| FY2024 Badri Kothandaraman | $12.63M | $3.36M | $6.67M | $263 | $108 |
| FY2023 Badri Kothandaraman | $19.53M | $2.54M | $8.90M | $506 | $173 |
| FY2022 Badri Kothandaraman | $16.63M | $22.99M | $8.15M | $1014 | $237 |
| FY2021 Badri Kothandaraman | $19.02M | $13.79M | $9.44M | $700 | $250 |
| FY2020 Badri Kothandaraman | $5.24M | $90.49M | $2.41M | $672 | $334 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 2,872 full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 9, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 12, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 28, 2017 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Mar 30, 2012 | IPO | Initial public offering priced (424B4 prospectus) |
| Mar 28, 2012 | Listing | Registration of securities on an exchange (Form 8-A) |