Enovix (ENVX) Minority Interest (2023 - 2026)
Enovix (ENVX) reported Minority Interest of $2.1 million for Q2 2026, down 22.07% on a YoY basis from $2.6 million in Q2 2025, and down 26.42% quarter-over-quarter from $2.8 million in Q4 2025.
Enovix (ENVX) Minority Interest (2023 - 2026) Analysis & Trends
Enovix has reported Minority Interest for 4 years, with the latest figure at $2.1 million in Q2 2026.
- For the quarter ending Q2 2026, Minority Interest fell 22.07% year-over-year to $2.1 million; the trailing twelve-month figure through Apr 2026 stood at $2.1 million (down 22.07% YoY), and the FY2025 full-year result was $2.8 million, up 5.07% from the prior year.
- Minority Interest for Q2 2026 stood at $2.1 million, down from $2.8 million in the prior quarter.
- The five-year high for Minority Interest was $3.0 million in Q4 2023, with the low at $2.1 million in Q2 2026.
- Historically, Minority Interest has averaged $2.7 million across 4 years, with a median of $2.8 million in 2024.
- Annual changes were most pronounced in 2025 — Minority Interest gained 7.43% — and 2026, when it declined 22.07%.
- Enovix's Minority Interest stood at $3.0 million in 2023, then declined by 9.95% to $2.7 million in 2024, then climbed by 5.07% to $2.8 million in 2025, then slipped by 26.42% to $2.1 million in 2026.
- The last three Minority Interest figures came in at $2.1 million (Q2 2026), $2.8 million (Q4 2025), and $2.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn |
| 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 |
| 10 | Enovix | 1.46 Bn | 1.46 Bn | 1.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | 2.06 Mn |
| Dec 28, 2025 | 2.80 Mn |
| Sep 28, 2025 | 2.85 Mn |
| Jun 29, 2025 | 2.90 Mn |
| Mar 30, 2025 | 2.64 Mn |
| Dec 29, 2024 | 2.66 Mn |
| Sep 29, 2024 | 2.65 Mn |
| Jun 30, 2024 | 2.75 Mn |
| Mar 31, 2024 | 2.83 Mn |
| Dec 31, 2023 | 2.96 Mn |