Enphase Energy

Enphase Energy

ENPH· Manufacturing· Fiscal year ends in December

CEO pay in FY2025Stock -53.3% in FY2025

Badrinarayanan Kothandaraman is the CEO of Enphase Energy and was paid $9.6M in FY2025 (Dec), down 24%.

Pay$100 in the stock at the end of FY20 → $18
CEO pay is from each Enphase Energy proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Executives2

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  1. 1Badrinarayanan KothandaramanFY2025
  2. 2Mandy YangFY2025

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

Pay

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Enphase Energy paid its 2 named executives $14.9M in total in FY2025 (Dec). CEO Badrinarayanan Kothandaraman was paid $9.6M of that.

Name
Badrinarayanan KothandaramanPresident and CEO
Mandy YangEVP and CFO

of each named executive, from the Summary Compensation Table of each proxy.

Peers13

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The FY2024 (Dec) proxy of Enphase Energy names 13 peer companies for pay. Among Enphase Energy and these peers, CEO pay was 2nd highest of 5 and total shareholder return was 3rd highest of 4.

2nd highest of 5in Enphase Energy and its pay peers, FY2024 (Dec) by CEO pay:

$3.0M$19.0M

3rd highest of 4in Enphase Energy and its pay peers, FY2024 (Dec) by total shareholder return:

$141$345

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year.

Board2

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  • Steven J. GomoChair · 14 yr on the boardIndependentAudit—Paid as an executive
  • Thurman J. RodgersDirector · 8 yr on the boardIndependentCompensation, Nominating and Corporate Governance—Paid as an executive

The board of the latest proxy (FY2025).

Shared directors

Activity

  1. Pay
    Enphase Energy CFO pay fell 21% to $5.3M. The stock fell 53% in FY2025 (Dec).
    DEF 14A
  2. Pay
    Enphase Energy CEO pay fell 24% to $9.6M. The stock fell 53% in FY2025 (Dec).
    DEF 14A
  3. Pay
    Enphase Energy Division head pay fell 59% to $6.6M. The stock fell 48% in FY2024 (Dec).
    DEF 14A
  4. Pay
    Enphase Energy CEO pay fell 35% to $12.6M. The stock fell 48% in FY2024 (Dec).
    DEF 14A
  5. Pay
    Enphase Energy CFO pay fell 44% to $6.7M. The stock fell 50% in FY2023 (Dec).
    DEF 14A
  6. Pay
    Enphase Energy Chief Advisor and Former EVP and COO pay fell 57% to $3.7M. The stock fell 50% in FY2023 (Dec).
    DEF 14A
  7. Pay
    Enphase Energy Chief Advisor and Former EVP and COO pay fell 11% to $8.6M. The stock rose 45% in FY2022 (Dec).
    DEF 14A
  8. Pay
    Enphase Energy Division head pay rose 132% to $16.3M. The stock fell 50% in FY2023 (Dec).
    DEF 14A
  9. Pay
    Enphase Energy Division head pay fell 11% to $7.0M. The stock rose 45% in FY2022 (Dec).
    DEF 14A
  10. Pay
    Enphase Energy CEO pay rose 17% to $19.5M. The stock fell 50% in FY2023 (Dec).
    DEF 14A
  11. Pay
    Enphase Energy CEO pay fell 13% to $16.6M. The stock rose 45% in FY2022 (Dec).
    DEF 14A

Filings20

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Current report8-KJun 15, 2026—
Current report8-KMay 15, 2026—
Proxy statementDEF 14AApr 1, 2026FY2025
Annual report10-KFeb 17, 2026FY2025
Current report8-KMay 20, 2025—
Proxy statementDEF 14AApr 4, 2025FY2024
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