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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |