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
DateValue
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