Enphase Energy: Pay

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

Pay$100 in the stock at the end of FY20 → $18
CEO pay is from each 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.

Pay of each named executive

Badrinarayanan KothandaramanPresident and CEO
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
Mandy YangEVP and CFO
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
4 years

CEO pay against the pay peers

In FY2024 (Dec), the median CEO pay of the 4 peers with pay on file was $8.9M. The CEO of Enphase Energy was paid $12.6M, 42% above the median.

  1. 1Monolithic Power Systems
  2. 2Enphase Energy
  3. 3Wolfspeed
  4. 4First Solar
  5. 5Alarm.com Holdings
  6. 6ADT, Inc.Not disclosed
  7. 7Generac HoldingsNot disclosed
  8. 8Qorvo, Inc.Not disclosed
  9. 9Resideo Technologies, Inc.Not disclosed
  10. 10Solaredge TechnologiesNot disclosed
  11. 11SunPower, Inc.Not disclosed
  12. 12SunnovaNot disclosed
  13. 13Sunrun, Inc.Not disclosed
  14. 14TeradyneNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.