Enovix (ENVX) Restructuring Costs (2023 - 2024)
Enovix (ENVX) posted Restructuring Costs of $3.7 million for Q3 2024, down 90.4% on a QoQ basis from $38.1 million in Q2 2024, and up 21.19% year-over-year from $3.0 million in Q3 2023.
Enovix (ENVX) Restructuring Costs (2023 - 2024) Analysis & Trends
Enovix's Restructuring Costs history runs 2 years deep, the most recent figure standing at $3.7 million for 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 was $3.7 million for Q3 2024 at Enovix, down 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.
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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 |
|---|---|
| Sep 29, 2024 | 3.66 Mn |
| Jun 30, 2024 | 38.15 Mn |
| Dec 31, 2023 | 1.60 Mn |
| Oct 1, 2023 | 3.02 Mn |