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| Date | Value |
|---|---|
| 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 |