Enphase Energy, Inc. (ENPH) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: April 28, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0.41% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
130M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

ENPH currently has 131M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.41% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 28, 2026

10-Q filing | 131.3M shares outstanding

130M 0
Oct 28, 2025

10-Q filing | 130.8M shares outstanding

130M 0
Jul 22, 2025

10-Q filing | 131.0M shares outstanding

130M 0
Apr 22, 2025

10-Q filing | 131.9M shares outstanding

130M 0
Feb 10, 2025

10-K filing | 135.2M shares outstanding

140M 0
Oct 22, 2024

10-Q filing | 135.3M shares outstanding

140M 0
Jul 23, 2024

10-Q filing | 135.6M shares outstanding

140M 0
Apr 23, 2024

10-Q filing | 135.9M shares outstanding

140M 0
Feb 09, 2024

10-K filing | 136.4M shares outstanding

140M 0
Oct 26, 2023

10-Q filing | 136.2M shares outstanding

140M 0
Jul 27, 2023

10-Q filing | 136.6M shares outstanding

140M 0
Apr 25, 2023

10-Q filing | 136.7M shares outstanding

140M 0
Feb 13, 2023

10-K filing | 135.3M shares outstanding

140M 0
Oct 25, 2022

10-Q filing | 135.6M shares outstanding

140M 0
Jul 26, 2022

10-Q filing | 135.2M shares outstanding

140M 0
Apr 26, 2022

10-Q filing | 134.3M shares outstanding

130M 0
Feb 11, 2022

10-K filing | 134.0M shares outstanding

130M 0
Oct 26, 2021

10-Q filing | 134.7M shares outstanding

130M 0
Jul 27, 2021

10-Q filing | 135.1M shares outstanding

140M 0
Apr 27, 2021

10-Q filing | 131.3M shares outstanding

130M 0
Mar 08, 2021

8-K filing: Enphase Energy, Inc. entered into a partial unwind agreement with Barclays Bank PLC, reducing the number of warrants under the Base Confirmation from 386,929 to 0, and the number of warrants under the Additional Confirmation from 234,135 to 20,840; In consideration, the Company issued to the Counterparty 520,835 shares of the Company's common stock.

130M 0
Mar 01, 2021

8-K filing: Enphase Energy, Inc. issued $1,150 million in convertible senior notes, repurchased $243,286,000 of existing convertible notes with cash and shares, entered into convertible note hedge and warrant transactions, and unwound existing convertible note hedge and warrant transactions.

130M 0
Feb 16, 2021

10-K filing | 125.6M shares outstanding

130M 0
Oct 27, 2020

10-Q filing | 126.1M shares outstanding

130M 0
Aug 04, 2020

10-Q filing | 125.6M shares outstanding

130M 0
May 05, 2020

10-Q filing | 123.5M shares outstanding

120M 0
Mar 09, 2020

8-K filing: Enphase Energy, Inc. issued $320 million aggregate principal amount of 0.25% Convertible Senior Notes due 2025 in a private placement, and entered into convertible note hedge and warrant transactions. ($0.0M proceeds)

120M 0
Feb 21, 2020

10-K filing | 116.7M shares outstanding

120M 0
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime