Enovix (ENVX) Operating Leases (2021 - 2026)
Enovix (ENVX) recorded Operating Leases of $5.89 million in Q2 2026, down 51.6% from $12.18 million a year earlier and down 46.0% from the prior quarter.
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Analysis
Enovix (ENVX) Operating Leases (2021 - 2026) Analysis & Trends
At the end of FY2025, Enovix reported Operating Leases of $11.24 million, down 15.4% from FY2024.
- Annual Operating Leases has a three-year compound annual growth rate of 10.9% (FY2022 to FY2025).
- Across earlier years, Operating Leases came in at $13.29 million in FY2024 (-14.8%), $15.59 million in FY2023 (+89.4%) and $8.23 million in FY2022.
- The Q2 2026 figure is the lowest quarterly Operating Leases in data going back to Q4 2022.
- On a year-over-year basis, Operating Leases has declined for seven consecutive quarters, with an average decline of 6.8% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 90.3% in Q3 2024, against a decline of 51.6% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $10.91 million (Q1 2026), $11.24 million (Q4 2025) and $11.41 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Enovix | 635.67 Mn | 637.71 Mn | 1.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 5.89 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 | 12.64 Mn |
| Dec 29, 2024 | 13.29 Mn |
| Sep 29, 2024 | 14.35 Mn |
| Jun 30, 2024 | 14.18 Mn |
| Mar 31, 2024 | 14.81 Mn |
| Dec 31, 2023 | 15.59 Mn |
| Oct 1, 2023 | 7.54 Mn |
| Jul 2, 2023 | 7.78 Mn |
| Apr 2, 2023 | 8.01 Mn |
| Jan 1, 2023 | 8.23 Mn |
| Oct 2, 2022 | 8.45 Mn |
| Jul 3, 2022 | 8.66 Mn |
| Apr 3, 2022 | 8.87 Mn |
| Jan 2, 2022 | 9.07 Mn |
| Oct 3, 2021 | 9.26 Mn |
API Access
Enovix Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=ENVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "ENVX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=ENVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();