Enovix (ENVX) Operating Leases (2021 - 2026)

Enovix (ENVX) reported Operating Leases of $14.2 million for Q2 2026, up 12.3% on a YoY basis from $12.6 million in Q2 2025, and up 26.23% quarter-over-quarter from $11.2 million in Q4 2025.

Enovix (ENVX) Operating Leases (2021 - 2026) Analysis & Trends

Enovix has reported Operating Leases for 6 years, with the latest figure at $14.2 million in Q2 2026.

  • For the quarter ending Q2 2026, Operating Leases rose 12.3% year-over-year to $14.2 million; the trailing twelve-month figure through Apr 2026 stood at $14.2 million (up 12.3% YoY), and the FY2025 full-year result was $11.2 million, down 15.41% from the prior year.
  • Operating Leases for Q2 2026 stood at $14.2 million, up from $11.2 million in the prior quarter.
  • The five-year high for Operating Leases was $16.6 million in Q2 2024, with the low at $7.8 million in Q3 2023.
  • Historically, Operating Leases has averaged $11.6 million across 5 years, with a median of $11.7 million in 2025.
  • Annual changes were most pronounced in 2024 — Operating Leases jumped 113.5% — and 2025, when it fell 26.61%.
  • Enovix's Operating Leases stood at $9.0 million in 2022, then jumped by 72.35% to $15.6 million in 2023, then dropped by 14.76% to $13.3 million in 2024, then fell by 15.41% to $11.2 million in 2025, then climbed by 26.23% to $14.2 million in 2026.
  • The last three Operating Leases figures came in at $14.2 million (Q2 2026), $11.2 million (Q4 2025), and $14.3 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
DateValue
Apr 5, 2026 14.19 Mn
Dec 28, 2025 11.24 Mn
Sep 28, 2025 14.29 Mn
Jun 29, 2025 12.18 Mn
Mar 30, 2025 12.64 Mn
Dec 29, 2024 13.29 Mn
Sep 29, 2024 14.35 Mn
Jun 30, 2024 16.60 Mn
Mar 31, 2024 14.81 Mn
Dec 31, 2023 15.59 Mn
Oct 1, 2023 8.45 Mn
Jul 2, 2023 7.78 Mn
Apr 2, 2023 8.87 Mn
Jan 1, 2023 8.23 Mn
Oct 2, 2022 9.05 Mn
Jul 3, 2022 9.24 Mn
Apr 3, 2022 8.87 Mn
Jan 2, 2022 9.07 Mn
Oct 3, 2021 9.26 Mn