Enovix (ENVX) Operating Leases (2021 - 2026)
Enovix's (ENVX) quarterly Operating Leases came in at $10.9 million in Q2 2026, down 28.94% YoY from $15.3 million in Q2 2025, and down 3.01% on a QoQ basis from $11.2 million in Q4 2025.
Enovix (ENVX) Operating Leases (2021 - 2026) Analysis & Trends
Enovix (ENVX) has 6 years of Operating Leases data on file, last reported at $10.9 million in 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 eased to $10.9 million in Q2 2026, from $11.2 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $17.0 million in Q3 2024 to a low of $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 plunged 32.84%.
- Tracing ENVX's Operating Leases over 5 years: stood at $8.4 million in 2022, then surged by 84.57% 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 fell by 3.01% to $10.9 million in 2026.
- The last three Operating Leases figures came in at $10.9 million (Q2 2026), $11.2 million (Q4 2025), and $11.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn |
| 10 | Enovix | 716.69 Mn | 716.69 Mn | 1.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | 10.13 Mn |
| 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 |