Enovix (ENVX) Operating Leases (2021 - 2026)

Enovix (ENVX) posted Operating Leases of $10.9 million for Q2 2026, down 3.01% on a QoQ basis from $11.2 million in Q4 2025, and down 28.94% year-over-year from $15.3 million in Q2 2025.

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

Enovix's Operating Leases history runs 6 years deep, the most recent figure standing at $10.9 million for Q2 2026.

  • Quarterly Operating Leases fell 28.94% year-over-year to $10.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $10.9 million (down 28.94% YoY) and the FY2025 annual result came in at $11.2 million, down 15.41% from the prior year.
  • Operating Leases was $10.9 million for Q2 2026 at Enovix, down from $11.2 million in the prior quarter.
  • Across five years, Operating Leases topped out at $17.0 million in Q3 2024 and bottomed at $8.0 million in Q2 2023.
  • A 5-year average of $11.4 million and a median of $11.1 million in 2025 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2024 — Operating Leases jumped 101.14% — and 2025, when it tumbled 32.84%.
  • Enovix's Operating Leases stood at $8.4 million in 2022, then jumped by 84.57% to $15.6 million in 2023, then fell by 14.76% to $13.3 million in 2024, then decreased by 15.41% to $11.2 million in 2025, then decreased by 3.01% to $10.9 million in 2026.
  • Business Quant data shows ENVX's Operating Leases at $10.9 million in Q2 2026, $11.2 million in Q4 2025, and $11.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Enovix 943.39 Mn 945.45 Mn 1.55 Mn

Historic Data

Download Data
DateValue
Apr 5, 2026 10.91 Mn
Dec 28, 2025 11.24 Mn
Sep 28, 2025 11.41 Mn
Jun 29, 2025 12.18 Mn
Mar 30, 2025 15.35 Mn
Dec 29, 2024 13.29 Mn
Sep 29, 2024 16.99 Mn
Jun 30, 2024 14.18 Mn
Mar 31, 2024 14.81 Mn
Dec 31, 2023 15.59 Mn
Oct 1, 2023 8.45 Mn
Jul 2, 2023 8.66 Mn
Apr 2, 2023 8.01 Mn
Jan 1, 2023 8.23 Mn
Oct 2, 2022 8.45 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