Enovix ENVX
NASDAQ ENVX
$3.17 -0.30 (-8.50%)
As of: Sep 9, 2026 · 3:43 PM EDT

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

Enovix's (ENVX) quarterly Cost of Revenue came in at $7.7 million in Q3 2026, up 39.74% on a YoY basis from $5.5 million in Q3 2025, and up 27.68% quarter-over-quarter from $6.0 million in Q2 2026.

Analysis

Enovix (ENVX) Cost of Revenue (2021 - 2026) Analysis & Trends

Enovix (ENVX) has reported Cost of Revenue for 6 consecutive years, with $7.7 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Cost of Revenue rose 39.74% year-over-year to $7.7 million; the trailing twelve-month figure through Jul 2026 stood at $29.1 million (up 21.41% YoY), and the FY2025 full-year result was $25.7 million, up 2.38% from the prior year.
  • Cost of Revenue climbed to $7.7 million in Q3 2026 per ENVX's latest filing, from $6.0 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.
  • Historically, Cost of Revenue has averaged $9.0 million across 5 years, with a median of $6.9 million in 2022.
  • The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 6274.04% in 2022, then slumped 70.5% in 2024.
  • Over 5 years, Cost of Revenue stood at $6.6 million in 2022, then soared by 198.22% to $19.8 million in 2023, then slumped by 56.17% to $8.7 million in 2024, then rose by 1.14% to $8.8 million in 2025, then slipped by 11.89% to $7.7 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $7.7 million, $6.0 million, and $8.8 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 EnerSys 6.55 Bn 6.02 Bn 313.36 Mn 538.65 Mn
2 QuantumScape 3.24 Bn 3.24 Bn - -
3 Eos Energy Enterprises 1.43 Bn 1.08 Bn -48.80 Mn 117.58 Mn
4 Fluence Energy 1.40 Bn 839.06 Mn 33.24 Mn 616.61 Mn
5 Energy Vault Holdings 765.84 Mn 658.49 Mn 5.38 Mn 11.99 Mn
6 Enovix 694.81 Mn 694.81 Mn 1.30 Mn 7.72 Mn
7 Amprius Technologies 459.10 Mn 384.58 Mn 9.28 Mn 24.75 Mn
8 Electrovaya 266.51 Mn 253.42 Mn 6.19 Mn 11.53 Mn
9 Microvast Holdings 223.05 Mn 79.92 Mn 25.78 Mn 61.48 Mn
10 Ses Ai 179.33 Mn 179.33 Mn 1.15 Mn 3.93 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 5, 2026 7.72 Mn
Apr 5, 2026 6.05 Mn
Dec 28, 2025 8.76 Mn
Sep 28, 2025 6.59 Mn
Jun 29, 2025 5.53 Mn
Mar 30, 2025 4.84 Mn
Dec 29, 2024 8.67 Mn
Sep 29, 2024 4.96 Mn
Jun 30, 2024 4.42 Mn
Mar 31, 2024 7.07 Mn
Dec 31, 2023 19.77 Mn
Oct 1, 2023 16.81 Mn
Jul 2, 2023 14.24 Mn
Apr 2, 2023 12.25 Mn
Jan 1, 2023 21.39 Mn
Oct 2, 2022 6.63 Mn
Jul 3, 2022 5.74 Mn
Apr 3, 2022 515,000.00
Oct 3, 2021 104,000.00
Jun 30, 2021 112,000.00