Enovix (ENVX) Debt to Equity (2023 - 2026)
Enovix (ENVX) reported Debt to Equity of $2.18 for Q2 2026, up 188.92% on a YoY basis from $0.76 in Q2 2025, and up 12.98% quarter-over-quarter from $1.93 in Q4 2025.
Enovix (ENVX) Debt to Equity (2023 - 2026) Analysis & Trends
Enovix has reported Debt to Equity for 4 years, with the latest figure 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.
- The five-year high for Debt to Equity was $2.18 in Q2 2026, with the low at $0.66 in Q4 2023.
- Historically, Debt to Equity has averaged $1.09 across 4 years, with a median of $0.82 in 2024.
- Annual changes were most pronounced in 2025 — Debt to Equity slipped 16.09% — and 2026, when it surged 188.92%.
- Enovix's Debt to Equity stood at $0.67 in 2023, then gained by 7.24% to $0.72 in 2024, then surged by 168.65% to $1.93 in 2025, then increased 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 | Novonix | 479.97 Bn | 479.92 Bn | - | 0.58 |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 0.69 |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 0.41 |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 0.68 |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 0.41 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | - |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 0.25 |
| 10 | Enovix | 1.46 Bn | 1.46 Bn | 1.55 Mn | 2.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | 2.18 |
| Dec 28, 2025 | 1.93 |
| Sep 28, 2025 | 1.78 |
| 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 |