Enovix (ENVX) Deferred Taxes (2023 - 2026)
Enovix's (ENVX) quarterly Deferred Taxes came in at -$241000.0 in Q2 2026, down 630.3% YoY from $45445.7 in Q2 2025, and down 41.76% on a QoQ basis from -$170000.0 in Q4 2025.
Enovix (ENVX) Deferred Taxes (2023 - 2026) Analysis & Trends
Enovix (ENVX) has 4 years of Deferred Taxes data on file, last reported at -$241000.0 in 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 declined to -$241000.0 in Q2 2026, from -$170000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $2.1 million in Q3 2024 to a low of -$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 slumped 630.3%.
- Tracing ENVX's Deferred Taxes over 4 years: stood at -$813000.0 in 2023, then jumped by 174.54% to $606000.0 in 2024, then tumbled by 128.05% to -$170000.0 in 2025, then plunged by 41.76% to -$241000.0 in 2026.
- The last three Deferred Taxes figures came in at -$241000.0 (Q2 2026), -$170000.0 (Q4 2025), and -$452000.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 2.10 Mn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | - |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 1.60 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | -5.90 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 200,000.00 |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 4.45 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | -431,000.00 |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | -664,000.00 |
| 10 | Enovix | 716.69 Mn | 716.69 Mn | 1.30 Mn | -562,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | -562,000.00 |
| 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 |