Enovix (ENVX) Other Operating Expenses (2020 - 2023)
Enovix (ENVX) posted Other Operating Expenses of -$1.6 million for Q4 2023, down 136.27% on a QoQ basis from $4.4 million in Q3 2023, and down 132.51% year-over-year from $4.9 million in Q4 2022.
Enovix (ENVX) Other Operating Expenses (2020 - 2023) Analysis & Trends
Enovix's Other Operating Expenses history runs 3 years deep, the most recent figure standing at -$1.6 million for Q4 2023.
- Quarterly Other Operating Expenses fell 132.51% year-over-year to -$1.6 million in Q4 2023, while the trailing twelve-month figure through Sep 2024 was -$1.6 million (down 117.15% YoY) and the FY2023 annual result came in at $4.4 million, down 9.94% from the prior year.
- Other Operating Expenses was -$1.6 million for Q4 2023 at Enovix, down from $4.4 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $10.8 million in Q4 2020 and bottomed at -$8.1 million in Q1 2021.
- A 3-year average of $1.9 million and a median of $2.8 million in 2020 frame the typical range for Other Operating Expenses.
- Peak annual rise in Other Operating Expenses reached 132.51% in 2023, while the deepest fall reached 132.51% in 2023.
- Enovix's Other Operating Expenses stood at $10.8 million in 2020, then tumbled by 175.0% to -$8.1 million in 2021, then soared by 80.29% to -$1.6 million in 2023.
- Business Quant data shows ENVX's Other Operating Expenses at -$1.6 million in Q4 2023, $4.4 million in Q3 2023, and $4.9 million in Q1 2023.
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 |
|---|---|
| Dec 31, 2023 | -1.60 Mn |
| Jul 2, 2023 | 4.41 Mn |
| Jan 1, 2023 | 4.92 Mn |
| Mar 31, 2021 | -8.12 Mn |
| Dec 31, 2020 | 10.83 Mn |
| Sep 30, 2020 | 1.15 Mn |