Enphase Energy, Inc. (ENPH) stock
Close on Nov 12, 2026Market cap $3.54BP/E 40.6Yield –
Enphase Energy, Inc. saw revenue fall 19.9% to $1.21B over the twelve months to Sep 30, 2026. Operating income fell 73.3% to $50.78M, moving the operating margin from 12.6% to 4.2%. Free cash flow was $135.37M, down 37.7% from a year earlier. At the latest close the market valued the company at $3.54B, 40.6 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $3.54B
- P/E ratio
- 40.6
- Price to sales
- 2.93
- Price to book
- 2.85
- Dividend yield
- –
- Free cash flow yield
- 3.82%
Fundamentals
- Revenue
- $1.21B
- Net income
- $90.77M
- EPS, diluted
- $0.66
- Free cash flow
- $135.37M
- Book value per share
- $9.19
- Diluted shares
- 135M
Trading
- Next earnings
- Feb 2, 2027 (estimated, during market hours)
- Previous close
- $28.30
- Open
- $27.58
- Day's range
- $26.68 – $27.88
- Volume
- 4,202,882
- Average volume (20 days)
- 8,441,199
- Index membership
- S&P SmallCap 600 (since Nov 2025), Russell 1000 (since Jun 2020), Russell 3000
- Beta (5 years)
- 1.29
- 52-week range
- $23.83 – $73.74
- RSI (14 days)
- 44.0
- Volatility (1 year)
- 83.0%
- Relative volume
- 0.71×
- WACC
- 10.5%
On 3 of our idea lists: Quality compounders, Quality on sale, Insiders buying the dip
Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2012, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | ENPH | S&P 500 | Difference | ENPH per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -15.0% | -2.7% | −12.3 pts | ||
| 3 months | -34.3% | -1.7% | −32.6 pts | ||
| Year to date | -16.4% | +11.9% | −28.3 pts | ||
| 1 year | -12.8% | +12.0% | −24.8 pts | ||
| 3 years | -65.7% | +78.2% | −143.8 pts | -30.0% | +21.2% |
| 5 years | -89.4% | +73.2% | −162.6 pts | -36.1% | +11.6% |
| 10 years | +2249.1% | +309.6% | +1939.5 pts | +37.1% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Enphase Energy filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Results
- Results
- Results
- Update
About Enphase Energy
Semiconductors & Related Devices
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.
Company profile, executives and historyEnphase Energy stock: common questions
What is Enphase Energy's stock price?
ENPH closed at $26.78 on Nov 12, 2026, down 5.37% on the day. Over the past 52 weeks it traded between $23.83 and $73.74.
What is Enphase Energy's market cap?
Enphase Energy was worth $3.54B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is ENPH's P/E ratio?
ENPH trades at 40.6 times earnings, based on diluted earnings per share of $0.66 over the twelve months to Sep 30, 2026.
How much revenue does Enphase Energy make?
Enphase Energy reported revenue of $1.21B for the twelve months to Sep 30, 2026, down 19.9% from a year earlier.
Does Enphase Energy pay a dividend?
No. Enphase Energy has not paid a cash dividend over the last twelve months.
When does Enphase Energy report earnings next?
Enphase Energy is expected to report Q4 FY2026 results on Feb 2, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has ENPH stock performed over the past year?
Including dividends, ENPH returned -12.8% over the past year, against +12.0% for the S&P 500.
How many ENPH shares are sold short?
27M shares were sold short at the latest FINRA report, 21.04% of the float, or 3.4 days of average trading volume.
Who are Enphase Energy's competitors?
Companies most similar to Enphase Energy by business, industry and size include SEDG, ARRY, SHLS, TE, SLAB.
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