Enovix (ENVX) Restructuring Costs (2023 - 2024)
Enovix's (ENVX) quarterly Restructuring Costs came in at $3.7 million in Q3 2024, up 21.19% on a YoY basis from $3.0 million in Q3 2023, and down 90.4% quarter-over-quarter from $38.1 million in Q2 2024.
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Enovix (ENVX) Restructuring Costs (2023 - 2024) Analysis & Trends
Enovix (ENVX) has reported Restructuring Costs for 2 consecutive years, with $3.7 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Restructuring Costs rose 21.19% year-over-year to $3.7 million; the trailing twelve-month figure through Sep 2025 stood at $3.7 million (down 92.11% YoY), and the FY2024 full-year result was $41.8 million, up 1283.88% from the prior year.
- Restructuring Costs eased to $3.7 million in Q3 2024 per ENVX's latest filing, from $38.1 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $38.1 million in Q2 2024 and bottomed at $1.6 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | EnerSys | 6.60 Bn | 6.08 Bn | 313.36 Mn |
| 2 | QuantumScape | 3.38 Bn | 3.38 Bn | - |
| 3 | Fluence Energy | 1.91 Bn | 1.40 Bn | 33.24 Mn |
| 4 | Eos Energy Enterprises | 1.32 Bn | 972.43 Mn | -48.80 Mn |
| 5 | Enovix | 727.73 Mn | 729.77 Mn | 1.30 Mn |
| 6 | Energy Vault Holdings | 690.97 Mn | 609.42 Mn | 5.38 Mn |
| 7 | Amprius Technologies | 467.46 Mn | 392.94 Mn | 9.28 Mn |
| 8 | Electrovaya | 290.55 Mn | 277.47 Mn | 6.19 Mn |
| 9 | Microvast Holdings | 265.33 Mn | 122.20 Mn | 25.78 Mn |
| 10 | Ses Ai | 166.91 Mn | 166.91 Mn | 1.15 Mn |
Historic Data
Download Data
Historic 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 |