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Enphase Energy, Inc. Dividend Analysis

ENPH

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Dividend0
No active dividend

This company has no dividend history.

Based on TTM and annual data · Not a buy/sell signal

This company does not pay dividends

No dividend history found in SEC filings.

Does Enphase Energy (ENPH) pay a dividend?

Enphase Energy (ENPH) has never paid a dividend. The business does generate free cash flow of $135 million, so the absence of a dividend is a capital-allocation choice rather than an inability to pay. All figures are computed from company filings; this is analysis, not investment advice.

Frequently asked

Does Enphase Energy (ENPH) pay a dividend?+

No. Enphase Energy (ENPH) does not pay a dividend, and no dividend payment appears anywhere in the filing history we hold.

How does Enphase Energy return cash to shareholders?+

It largely does not. Enphase Energy pays no dividend and we do not see a meaningful reduction in share count over the last twelve months, so cash is being retained in the business or spent on growth rather than returned. That is common for companies reinvesting heavily, and it means your return depends entirely on the share price.

Could Enphase Energy afford to pay a dividend?+

On the numbers, yes. Enphase Energy generated $135 million of free cash flow, which is about $1.00 per share. If it paid out half of that, the dividend would be roughly $0.50 per share, a yield of about 1.6% at the current price. That is an illustration of capacity, not a prediction: the company has given no indication it intends to pay one.

Which technology companies do pay dividends?+

Our Technology sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Enphase Energy.

SourceDividend analysis computed from the 10-Q filed 23 Oct 2026, covering the period ending 30 Sept 2026, as reported to the SEC. Data last refreshed 28 Oct 2026. How this is calculated.

Fiscal year ends Dec. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.

Peers

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Held by ETFs

ENPH is in 107 US ETFs. The largest of them, with ENPH's weight in each:

Spot a number that looks wrong? Check it in ENPH's SEC filings or

Download this analysis as a PDF (Pro)

Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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