Enovix (ENVX) Cost of Revenue (2021 - 2026)

Enovix posted quarterly Cost of Revenue of $6.0 million for Q2 2026, up 25.04% year-on-year from $4.8 million in Q2 2025, and down 30.99% on a QoQ basis from $8.8 million in Q4 2025.

Enovix (ENVX) has 6 years of Cost of Revenue data on file, last reported at $6.0 million in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 25.04% year-over-year to $6.0 million; the trailing twelve-month figure through Apr 2026 stood at $26.9 million (up 17.67% YoY), and the FY2025 full-year result was $25.7 million, up 2.38% from the prior year.
  • Cost of Revenue for Q2 2026 stood at $6.0 million, down from $8.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $21.4 million in Q1 2023 and bottomed at $515000.0 in Q2 2022.
  • The 5-year median for Cost of Revenue is $6.6 million (2022), against an average of $9.1 million.
  • The widest annual swing landed in 2022, when Cost of Revenue surged 6274.04%; it then tumbled 70.5% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $6.6 million in 2022, then surged by 198.22% to $19.8 million in 2023, then tumbled by 56.17% to $8.7 million in 2024, then increased by 1.14% to $8.8 million in 2025, then slumped by 30.99% to $6.0 million in 2026.
  • The last three Cost of Revenue figures came in at $6.0 million (Q2 2026), $8.8 million (Q4 2025), and $6.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 1.65 Bn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 525.51 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 796.40 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 1.01 Bn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 310.10 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 208.68 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 535.30 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 398.41 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 185.12 Mn
10 Enovix 1.45 Bn 1.45 Bn 1.55 Mn 6.05 Mn

Historic Data

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DateValue
Apr 5, 2026 6.05 Mn
Apr 5, 2026 6.05 Mn
Dec 28, 2025 8.76 Mn
Dec 28, 2025 8.76 Mn
Sep 28, 2025 6.59 Mn
Sep 28, 2025 6.59 Mn
Jun 29, 2025 5.53 Mn
Jun 29, 2025 5.53 Mn
Mar 30, 2025 4.84 Mn
Mar 30, 2025 4.84 Mn
Dec 29, 2024 8.67 Mn
Dec 29, 2024 8.67 Mn
Sep 29, 2024 4.96 Mn
Sep 29, 2024 4.96 Mn
Jun 30, 2024 4.42 Mn
Jun 30, 2024 4.42 Mn
Mar 31, 2024 7.07 Mn
Mar 31, 2024 7.07 Mn
Dec 31, 2023 19.77 Mn
Dec 31, 2023 19.77 Mn
Oct 1, 2023 16.81 Mn
Oct 1, 2023 16.81 Mn
Jul 2, 2023 14.24 Mn
Jul 2, 2023 14.24 Mn
Apr 2, 2023 12.25 Mn
Apr 2, 2023 12.25 Mn
Jan 1, 2023 21.39 Mn
Jan 1, 2023 21.39 Mn
Oct 2, 2022 6.63 Mn
Oct 2, 2022 6.63 Mn
Jul 3, 2022 5.74 Mn
Jul 3, 2022 5.74 Mn
Apr 3, 2022 515,000.00
Apr 3, 2022 515,000.00
Oct 3, 2021 104,000.00
Oct 3, 2021 104,000.00
Jun 30, 2021 112,000.00
Jun 30, 2021 112,000.00