Enovix (ENVX) Minority Interest (2023 - 2026)
Enovix's (ENVX) quarterly Minority Interest came in at $2.0 million in Q3 2026, down 29.59% on a YoY basis from $2.9 million in Q3 2025, and down 0.68% quarter-over-quarter from $2.1 million in Q2 2026.
Analysis
Enovix (ENVX) Minority Interest (2023 - 2026) Analysis & Trends
Enovix (ENVX) has reported Minority Interest for 4 consecutive years, with $2.0 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Minority Interest fell 29.59% year-over-year to $2.0 million; the trailing twelve-month figure through Jul 2026 stood at $2.0 million (down 29.59% YoY), and the FY2025 full-year result was $2.8 million, up 5.07% from the prior year.
- Minority Interest eased to $2.0 million in Q3 2026 per ENVX's latest filing, from $2.1 million in the prior quarter.
- Across five years, Minority Interest topped out at $3.0 million in Q4 2023 and bottomed at $2.0 million in Q3 2026.
- Historically, Minority Interest has averaged $2.6 million across 4 years, with a median of $2.8 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Minority Interest advanced 7.43% in 2025, then declined 29.59% in 2026.
- Over 4 years, Minority Interest stood at $3.0 million in 2023, then retreated by 9.95% to $2.7 million in 2024, then increased by 5.07% to $2.8 million in 2025, then slipped by 26.92% to $2.0 million in 2026.
- According to Business Quant data, Minority Interest over the past three periods registered $2.0 million, $2.1 million, and $2.8 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | EnerSys | 6.44 Bn | 5.91 Bn | 313.36 Mn |
| 2 | QuantumScape | 3.18 Bn | 3.18 Bn | - |
| 3 | Eos Energy Enterprises | 1.36 Bn | 1.01 Bn | -48.80 Mn |
| 4 | Fluence Energy | 1.35 Bn | 780.35 Mn | 33.24 Mn |
| 5 | Energy Vault Holdings | 742.69 Mn | 635.34 Mn | 5.38 Mn |
| 6 | Enovix | 685.00 Mn | 685.00 Mn | 1.30 Mn |
| 7 | Amprius Technologies | 431.84 Mn | 357.33 Mn | 9.28 Mn |
| 8 | Electrovaya | 261.82 Mn | 248.74 Mn | 6.19 Mn |
| 9 | Microvast Holdings | 213.45 Mn | 70.32 Mn | 25.78 Mn |
| 10 | Ses Ai | 171.22 Mn | 171.22 Mn | 1.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 2.04 Mn |
| 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 |