Enovix ENVX
NASDAQ ENVX
$3.14 -0.02 (-0.63%)
As of: Sep 10, 2026 · 3:59 PM EDT

Enovix (ENVX) Operating Expenses (2020 - 2026)

Enovix's (ENVX) quarterly Operating Expenses came in at $44.6 million in Q3 2026, down 2.36% on a YoY basis from $45.7 million in Q3 2025, and down 1.87% quarter-over-quarter from $45.4 million in Q2 2026.

Analysis

Enovix (ENVX) Operating Expenses (2020 - 2026) Analysis & Trends

Enovix (ENVX) has reported Operating Expenses for 7 consecutive years, with $44.6 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Operating Expenses fell 2.36% year-over-year to $44.6 million; the trailing twelve-month figure through Jul 2026 stood at $184.9 million (up 7.08% YoY), and the FY2025 full-year result was $183.4 million, down 23.8% from the prior year.
  • Operating Expenses fell to $44.6 million in Q3 2026 per ENVX's latest filing, from $45.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $88.1 million in Q2 2024 and bottomed at $24.6 million in Q2 2022.
  • Historically, Operating Expenses has averaged $46.7 million across 5 years, with a median of $45.6 million in 2025.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 133.97% in 2024, then tumbled 48.15% in 2025.
  • Over 5 years, Operating Expenses stood at $27.1 million in 2022, then soared by 93.62% to $52.4 million in 2023, then tumbled by 32.11% to $35.6 million in 2024, then jumped by 30.7% to $46.5 million in 2025, then retreated by 4.07% to $44.6 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $44.6 million, $45.4 million, and $46.5 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn 151.24 Mn
2 QuantumScape 3.20 Bn 3.20 Bn - 106.13 Mn
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn 35.01 Mn
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn 63.04 Mn
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn 30.04 Mn
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn 44.60 Mn
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn 13.58 Mn
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn 1.07 Mn
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn 27.51 Mn
10 Ses Ai 176.50 Mn 176.50 Mn 1.15 Mn 20.34 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 5, 2026 44.60 Mn
Apr 5, 2026 45.45 Mn
Dec 28, 2025 46.49 Mn
Sep 28, 2025 48.37 Mn
Jun 29, 2025 45.68 Mn
Mar 30, 2025 42.82 Mn
Dec 29, 2024 35.57 Mn
Sep 29, 2024 48.63 Mn
Jun 30, 2024 88.10 Mn
Mar 31, 2024 68.34 Mn
Dec 31, 2023 52.39 Mn
Oct 1, 2023 33.77 Mn
Jul 2, 2023 37.65 Mn
Apr 2, 2023 51.02 Mn
Jan 1, 2023 72.03 Mn
Oct 2, 2022 27.06 Mn
Jul 3, 2022 27.39 Mn
Apr 3, 2022 24.60 Mn
Oct 3, 2021 19.09 Mn
Jun 30, 2021 14.07 Mn