Enphase Energy, Inc.
For the period ended Dec 31, 2025. Filed Feb 17, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 17, 2026
ENPH$27.64-5.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity
| Common Stock · AdditionalPaid-In Capital · AccumulatedEarnings (Deficit) · AccumulatedOtherComprehensiveIncome (Loss) · TotalStockholders’Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount | ||||||||
| Balance at December 31, 2022 | 136,441 | $1 | $819,119 | $17,335 | $(10,882) | $825,573 | ||
| Issuance of common stock from exercise of equity awards and employee stock purchase plan | 1,613 | — | 13,870 | — | — | 13,870 | ||
| Issuance of common stock related to 365 Pronto, Inc. post combination expense | 52 | — | 10,307 | — | — | 10,307 | ||
| Payment of withholding taxes related to net share settlement of equity awards | — | — | (120,646) | — | — | (120,646) | ||
| Settlement of convertible notes due 2023 | 900 | — | 5,000 | — | — | 5,000 | ||
| Stock-based compensation | — | — | 211,688 | — | — | 211,688 | ||
| Net income | — | — | — | 438,936 | — | 438,936 | ||
| Repurchases of common stock | (3,284) | — | — | (409,998) | — | (409,998) | ||
| Foreign currency translation adjustments | — | — | — | — | 1,190 | 1,190 | ||
| Change in net unrealized gain on marketable securities, net of tax | — | — | — | — | 7,704 | 7,704 | ||
| Balance at December 31, 2023 | 135,722 | $1 | $939,338 | $46,273 | $(1,988) | $983,624 | ||
| Issuance of common stock from exercise of equity awards and employee stock purchase plan | 1,269 | — | 12,688 | — | — | 12,688 | ||
| Payment of withholding taxes related to net share settlement of equity awards | — | — | (78,813) | — | — | (78,813) | ||
| Stock-based compensation | — | — | 211,360 | — | — | 211,360 | ||
| Net income | — | — | — | 102,658 | — | 102,658 | ||
| Repurchases of common stock | (4,543) | — | — | (391,364) | — | (391,364) | ||
| Excise tax on net stock repurchases | — | — | — | (2,773) | — | (2,773) | ||
| Foreign currency translation adjustments | — | — | — | — | (4,715) | (4,715) | ||
| Change in net unrealized gain on marketable securities, net of tax | — | — | — | — | 351 | 351 | ||
| Balance at December 31, 2024 | 132,448 | $1 | $1,084,573 | $(245,206) | $(6,352) | $833,016 | ||
| Issuance of common stock from exercise of equity awards and employee stock purchase plan | 929 | — | 8,527 | — | — | 8,527 | ||
| Payment of withholding taxes related to net share settlement of equity awards | — | — | (18,026) | — | — | (18,026) | ||
| Stock-based compensation | — | — | 214,090 | — | — | 214,090 | ||
| Net income | — | — | — | 172,133 | — | 172,133 | ||
| Repurchases of common stock | (2,297) | — | — | (129,957) | — | (129,957) | ||
| Excise tax on net stock repurchases | — | — | — | (866) | — | (866) | ||
| Foreign currency translation adjustments | — | — | — | 5,770 | 5,770 | |||
| Change in net unrealized gain on marketable securities, net of tax | — | — | — | 2,336 | 2,336 | |||
| Balance at December 31, 2025 | 131,080 | $1 | $1,289,164 | $(203,896) | $1,754 | $1,087,023 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.