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
Download Data| Date | Value |
|---|---|
| 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 |