Enovix (ENVX) Interest Expenses (2023 - 2026)
Enovix's (ENVX) quarterly Interest Expenses came in at $6.5 million in Q3 2026, up 282.46% on a YoY basis from $1.7 million in Q3 2025, and down 6.95% quarter-over-quarter from $7.0 million in Q2 2026.
Analysis
Enovix (ENVX) Interest Expenses (2023 - 2026) Analysis & Trends
Enovix (ENVX) has reported Interest Expenses for 4 consecutive years, with $6.5 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Interest Expenses rose 282.46% year-over-year to $6.5 million; the trailing twelve-month figure through Jul 2026 stood at $31.7 million (up 362.31% YoY), and the FY2025 full-year result was $21.6 million, up 218.21% from the prior year.
- Interest Expenses declined to $6.5 million in Q3 2026 per ENVX's latest filing, from $7.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $11.8 million in Q3 2025 and bottomed at $1.3 million in Q3 2023.
- Historically, Interest Expenses has averaged $3.6 million across 4 years, with a median of $1.7 million in 2025.
- The widest YoY moves for Interest Expenses: up 584.81% in 2025, down 0.83% in 2025.
- Over 4 years, Interest Expenses stood at $1.6 million in 2023, then climbed by 5.52% to $1.7 million in 2024, then jumped by 272.95% to $6.4 million in 2025, then climbed by 1.72% to $6.5 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $6.5 million, $7.0 million, and $6.4 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.60 Bn | 6.08 Bn | 313.36 Mn | 10.60 Mn |
| 2 | QuantumScape | 3.38 Bn | 3.38 Bn | - | 466,000.00 |
| 3 | Fluence Energy | 1.91 Bn | 1.40 Bn | 33.24 Mn | - |
| 4 | Eos Energy Enterprises | 1.32 Bn | 972.43 Mn | -48.80 Mn | 11.97 Mn |
| 5 | Enovix | 727.73 Mn | 729.77 Mn | 1.30 Mn | 6.52 Mn |
| 6 | Energy Vault Holdings | 690.97 Mn | 609.42 Mn | 5.38 Mn | 4.19 Mn |
| 7 | Amprius Technologies | 467.46 Mn | 392.94 Mn | 9.28 Mn | - |
| 8 | Electrovaya | 290.55 Mn | 277.47 Mn | 6.19 Mn | 383,000.00 |
| 9 | Microvast Holdings | 265.33 Mn | 122.20 Mn | 25.78 Mn | 1.33 Mn |
| 10 | Ses Ai | 166.91 Mn | 166.91 Mn | 1.15 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 6.52 Mn |
| Apr 5, 2026 | 7.01 Mn |
| Dec 28, 2025 | 6.41 Mn |
| Sep 28, 2025 | 11.77 Mn |
| Jun 29, 2025 | 1.71 Mn |
| Mar 30, 2025 | 1.72 Mn |
| Dec 29, 2024 | 1.72 Mn |
| Sep 29, 2024 | 1.72 Mn |
| Jun 30, 2024 | 1.69 Mn |
| Mar 31, 2024 | 1.66 Mn |
| Dec 31, 2023 | 1.63 Mn |
| Oct 1, 2023 | 1.56 Mn |
| Jul 2, 2023 | 1.27 Mn |