Enovix (ENVX) Research & Development (2020 - 2026)
Enovix's (ENVX) quarterly Research & Development came in at $26.5 million in Q2 2026, up 2.31% YoY from $25.9 million in Q2 2025, and down 5.51% on a QoQ basis from $28.1 million in Q4 2025.
Enovix (ENVX) Research & Development (2020 - 2026) Analysis & Trends
Enovix (ENVX) has 7 years of Research & Development data on file, last reported at $26.5 million in Q2 2026.
- Quarterly Research & Development rose 2.31% year-over-year to $26.5 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $110.9 million (up 9.13% YoY) and the FY2025 annual result came in at $110.3 million, down 11.38% from the prior year.
- Research & Development retreated to $26.5 million in Q2 2026, from $28.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $48.8 million in Q1 2024 to a low of $12.7 million in Q2 2022.
- A 5-year average of $25.0 million and a median of $25.9 million in 2025 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development jumped 127.79% — and 2025, when it tumbled 46.85%.
- Tracing ENVX's Research & Development over 5 years: stood at $13.9 million in 2022, then jumped by 147.94% to $34.6 million in 2023, then tumbled by 35.13% to $22.4 million in 2024, then advanced by 25.15% to $28.1 million in 2025, then declined by 5.51% to $26.5 million in 2026.
- The last three Research & Development figures came in at $26.5 million (Q2 2026), $28.1 million (Q4 2025), and $28.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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 | 58.87 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 24.50 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 | 65.00 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 | 4.30 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | - |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 7.67 Mn |
| 10 | Enovix | 716.69 Mn | 716.69 Mn | 1.30 Mn | 24.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | 24.44 Mn |
| Apr 5, 2026 | 26.53 Mn |
| Dec 28, 2025 | 28.07 Mn |
| Sep 28, 2025 | 28.18 Mn |
| Jun 29, 2025 | 28.15 Mn |
| Mar 30, 2025 | 25.93 Mn |
| Dec 29, 2024 | 22.43 Mn |
| Sep 29, 2024 | 24.22 Mn |
| Jun 30, 2024 | 29.07 Mn |
| Mar 31, 2024 | 48.79 Mn |
| Dec 31, 2023 | 34.58 Mn |
| Oct 1, 2023 | 13.51 Mn |
| Jul 2, 2023 | 16.55 Mn |
| Apr 2, 2023 | 23.75 Mn |
| Jan 1, 2023 | 32.64 Mn |
| Oct 2, 2022 | 13.95 Mn |
| Jul 3, 2022 | 15.83 Mn |
| Apr 3, 2022 | 12.73 Mn |
| Oct 3, 2021 | 10.30 Mn |
| Jun 30, 2021 | 9.52 Mn |