Enovix (ENVX) Debt to Equity (2023 - 2026)

Enovix posted quarterly Debt to Equity of $2.18 for Q2 2026, up 188.92% year-on-year from $0.76 in Q2 2025, and up 12.98% on a QoQ basis from $1.93 in Q4 2025.

Enovix (ENVX) has 4 years of Debt to Equity data on file, last reported at $2.18 in Q2 2026.

  • For the quarter ending Q2 2026, Debt to Equity rose 188.92% year-over-year to $2.18; the trailing twelve-month figure through Apr 2026 stood at $2.18 (up 188.92% YoY), and the FY2025 full-year result was $1.93, up 168.65% from the prior year.
  • Debt to Equity for Q2 2026 stood at $2.18, up from $1.93 in the prior quarter.
  • Across five years, Debt to Equity topped out at $2.18 in Q2 2026 and bottomed at $0.66 in Q4 2023.
  • The 4-year median for Debt to Equity is $0.82 (2024), against an average of $1.09.
  • The widest annual swing landed in 2025, when Debt to Equity slipped 16.09%; it then surged 188.92% in 2026.
  • A 4-year view of Debt to Equity shows it stood at $0.67 in 2023, then advanced by 7.24% to $0.72 in 2024, then soared by 168.65% to $1.93 in 2025, then rose by 12.98% to $2.18 in 2026.
  • The last three Debt to Equity figures came in at $2.18 (Q2 2026), $1.93 (Q4 2025), and $1.78 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 0.69
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 0.41
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 0.68
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 0.41
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 0.25
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 0.58
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 0.09
10 Enovix 1.45 Bn 1.45 Bn 1.55 Mn 2.18

Historic Data

Download Data 🔒
DateValue
Apr 5, 2026 2.18
Dec 28, 2025 1.93
Sep 28, 2025 1.80
Jun 29, 2025 0.87
Mar 30, 2025 0.76
Dec 29, 2024 0.72
Sep 29, 2024 1.06
Jun 30, 2024 1.04
Mar 31, 2024 0.76
Dec 31, 2023 0.67
Oct 1, 2023 0.66
Jul 2, 2023 0.67