Enovix ENVX
NASDAQ ENVX
$3.16 -0.31 (-8.93%)
At close: Sep 9, 2026 · 4:00 PM EDT

Enovix (ENVX) Operating Leases (2021 - 2026)

Enovix's (ENVX) quarterly Operating Leases came in at $10.1 million in Q3 2026, down 32.51% on a YoY basis from $15.0 million in Q3 2025, and down 28.62% quarter-over-quarter from $14.2 million in Q2 2026.

Analysis

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

Enovix (ENVX) has reported Operating Leases for 6 consecutive years, with $10.1 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Operating Leases fell 32.51% year-over-year to $10.1 million; the trailing twelve-month figure through Jul 2026 stood at $10.1 million (down 32.51% YoY), and the FY2025 full-year result was $11.2 million, down 15.41% from the prior year.
  • Operating Leases slipped to $10.1 million in Q3 2026 per ENVX's latest filing, from $14.2 million in the prior quarter.
  • Across five years, Operating Leases topped out at $17.2 million in Q1 2024 and bottomed at $8.2 million in Q1 2023.
  • Historically, Operating Leases has averaged $12.1 million across 5 years, with a median of $11.2 million in 2025.
  • The sharpest annual moves came in 2024 and 2026: Operating Leases surged 101.14% in 2024, then plunged 32.51% in 2026.
  • Over 5 years, Operating Leases stood at $9.0 million in 2022, then soared by 72.35% 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 slipped by 9.9% to $10.1 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $10.1 million, $14.2 million, and $11.2 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 EnerSys 6.53 Bn 6.00 Bn 313.36 Mn
2 QuantumScape 3.23 Bn 3.23 Bn -
3 Eos Energy Enterprises 1.43 Bn 1.08 Bn -48.80 Mn
4 Fluence Energy 1.40 Bn 839.06 Mn 33.24 Mn
5 Energy Vault Holdings 764.95 Mn 657.60 Mn 5.38 Mn
6 Enovix 695.93 Mn 695.93 Mn 1.30 Mn
7 Amprius Technologies 466.27 Mn 391.76 Mn 9.28 Mn
8 Electrovaya 265.14 Mn 252.06 Mn 6.19 Mn
9 Microvast Holdings 218.97 Mn 75.84 Mn 25.78 Mn
10 Ses Ai 173.54 Mn 173.54 Mn 1.15 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 5, 2026 10.13 Mn
Apr 5, 2026 14.19 Mn
Dec 28, 2025 11.24 Mn
Sep 28, 2025 14.29 Mn
Jun 29, 2025 15.01 Mn
Mar 30, 2025 15.35 Mn
Dec 29, 2024 13.29 Mn
Sep 29, 2024 16.99 Mn
Jun 30, 2024 16.60 Mn
Mar 31, 2024 17.17 Mn
Dec 31, 2023 15.59 Mn
Oct 1, 2023 8.45 Mn
Jul 2, 2023 8.66 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