# Enphase Energy, Inc. (ENPH) — Shareholder Equity

## Annual Shareholder Equity (USD)

| Year | Shareholder Equity |
| --- | --- |
| 2025 | $1.09B |
| 2024 | $833M |
| 2023 | $984M |
| 2022 | $826M |
| 2021 | $430M |
| 2020 | $484M |
| 2019 | $272M |
| 2018 | $8M |
| 2017 | -$9M |
| 2016 | $1M |
| 2015 | $41M |
| 2014 | $47M |
| 2013 | $40M |
| 2012 | $57M |
| 2011 | $14M |

Source: [CompaniesByCap](https://companiesbycap.com/company/ENPH/shareholders-equity)