Enovix (ENVX) Deferred Taxes (2023 - 2026)
Enovix (ENVX) posted Deferred Taxes of -$241000.0 for Q2 2026, down 41.76% on a QoQ basis from -$170000.0 in Q4 2025, and down 630.3% year-over-year from $45445.7 in Q2 2025.
Enovix (ENVX) Deferred Taxes (2023 - 2026) Analysis & Trends
Enovix's Deferred Taxes history runs 4 years deep, the most recent figure standing at -$241000.0 for Q2 2026.
- Quarterly Deferred Taxes fell 630.3% year-over-year to -$241000.0 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$1.5 million (up 39.67% YoY) and the FY2025 annual result came in at -$1.3 million, up 51.61% from the prior year.
- Deferred Taxes was -$241000.0 for Q2 2026 at Enovix, down from -$170000.0 in the prior quarter.
- Across five years, Deferred Taxes topped out at $2.1 million in Q3 2024 and bottomed at -$5.1 million in Q2 2024.
- A 4-year average of -$505600.0 and a median of -$231500.0 in 2024 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2024 — Deferred Taxes soared 174.54% — and 2026, when it sank 630.3%.
- Enovix's Deferred Taxes stood at -$813000.0 in 2023, then soared by 174.54% to $606000.0 in 2024, then sank by 128.05% to -$170000.0 in 2025, then slumped by 41.76% to -$241000.0 in 2026.
- Business Quant data shows ENVX's Deferred Taxes at -$241000.0 in Q2 2026, -$170000.0 in Q4 2025, and -$452000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 407.89 Bn | 407.87 Bn | 6.04 Mn | - |
| 2 | Vertiv Holdings | 105.86 Bn | 103.36 Bn | 999.70 Mn | -28.20 Mn |
| 3 | Bloom Energy | 50.95 Bn | 48.46 Bn | 225.54 Mn | - |
| 4 | Hubbell | 25.54 Bn | 25.02 Bn | 505.30 Mn | -3.00 Mn |
| 5 | nVent Electric | 23.34 Bn | 23.15 Bn | 445.60 Mn | -200,000.00 |
| 6 | Advanced Energy Industries | 10.80 Bn | 10.10 Bn | 200.90 Mn | 1.20 Mn |
| 7 | Acuity Inc. (De) | 10.10 Bn | 9.68 Bn | 606.40 Mn | - |
| 8 | Powell Industries | 7.89 Bn | 7.35 Bn | 87.94 Mn | 3.60 Mn |
| 9 | EnerSys | 6.92 Bn | 6.49 Bn | 290.87 Mn | 14.53 Mn |
| 10 | Enovix | 906.44 Mn | 906.44 Mn | 1.55 Mn | -241,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | -241,000.00 |
| Dec 28, 2025 | -170,000.00 |
| Sep 28, 2025 | -452,000.00 |
| Jun 29, 2025 | -650,000.00 |
| Mar 30, 2025 | -33,000.00 |
| Dec 29, 2024 | 606,000.00 |
| Sep 29, 2024 | 2.06 Mn |
| Jun 30, 2024 | -5.14 Mn |
| Mar 31, 2024 | -222,000.00 |
| Dec 31, 2023 | -813,000.00 |