Enovix (ENVX) Restructuring Costs (2023 - 2024)
Enovix's (ENVX) quarterly Restructuring Costs came in at $3.7 million in Q3 2024, up 21.19% YoY from $3.0 million in Q3 2023, and down 90.4% on a QoQ basis from $38.1 million in Q2 2024.
Enovix (ENVX) Restructuring Costs (2023 - 2024) Analysis & Trends
Enovix (ENVX) has 2 years of Restructuring Costs data on file, last reported at $3.7 million in Q3 2024.
- Quarterly Restructuring Costs rose 21.19% year-over-year to $3.7 million in Q3 2024, while the trailing twelve-month figure through Sep 2025 was $3.7 million (down 92.11% YoY) and the FY2024 annual result came in at $41.8 million, up 1293.57% from the prior year.
- Restructuring Costs fell to $3.7 million in Q3 2024, from $38.1 million in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $38.1 million in Q2 2024 to a low of $1.6 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 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 |
| 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 |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn |
| 10 | Enovix | 716.69 Mn | 716.69 Mn | 1.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 29, 2024 | 3.66 Mn |
| Jun 30, 2024 | 38.15 Mn |
| Dec 31, 2023 | 1.60 Mn |
| Oct 1, 2023 | 3.02 Mn |