Table of Contents Accumulated Other Additional Accumulated Comprehensi Total Common Stock Paid-In Earnings ve Stockholders’ Shares Amount Capital (Deficit) Income (Loss) Equity Issuance of common stock related to 365 Pronto, Inc. post combination expense 52 — 10,307 — — 10,307 Payment of withholding taxes related to net share settlement of equity awards — — (120,646) — — (120,646) Settlement of convertible notes due 2023 900 — 5,000 — — 5,000 Stock-based compensation — — 211,688 — — 211,688 Net income — — — 438,936 — 438,936 Repurchase of common stock (3,284) — — (409,998) — (409,998) Foreign currency translation adjustment — — — — 1,190 1,190 Change in net unrealized loss on marketable securities, net of tax — — — — 7,704 7,704 Balance at December 31, 2023 135,722 $ 1 $ 939,338 $ 46,273 $ (1,988) $ 983,624 See Notes to Consolidated Financial Statements. Enphase Energy, Inc. | 2023 Form 10-K | 72