Enovix (ENVX) Tax Provisions (2023 - 2026)
Enovix (ENVX) posted Tax Provisions of -$129000.0 for Q2 2026, down 196.99% on a QoQ basis from $133000.0 in Q4 2025, and up 20.37% year-over-year from -$107169.2 in Q2 2025.
Enovix (ENVX) Tax Provisions (2023 - 2026) Analysis & Trends
Enovix's Tax Provisions history runs 4 years deep, the most recent figure standing at -$129000.0 for Q2 2026.
- Quarterly Tax Provisions rose 20.37% year-over-year to -$129000.0 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$1.3 million (up 8.77% YoY) and the FY2025 annual result came in at -$1.3 million, up 5.75% from the prior year.
- Tax Provisions was -$129000.0 for Q2 2026 at Enovix, down from $133000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $2.2 million in Q3 2024 and bottomed at -$4.6 million in Q2 2024.
- A 4-year average of -$346600.0 and a median of -$157000.0 in 2024 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2024 — Tax Provisions jumped 281.99% — and 2025, when it tumbled 119.23%.
- Enovix's Tax Provisions stood at -$633000.0 in 2023, then soared by 281.99% to $1.2 million in 2024, then sank by 88.45% to $133000.0 in 2025, then plunged by 196.99% to -$129000.0 in 2026.
- Business Quant data shows ENVX's Tax Provisions at -$129000.0 in Q2 2026, $133000.0 in Q4 2025, and -$422000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | - |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 48.20 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 445,000.00 |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 53.40 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 36.50 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 2.70 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 44.20 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 15.90 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 21.81 Mn |
| 10 | Enovix | 943.39 Mn | 945.45 Mn | 1.55 Mn | -129,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | -129,000.00 |
| Dec 28, 2025 | 133,000.00 |
| Sep 28, 2025 | -422,000.00 |
| Jun 29, 2025 | -861,000.00 |
| Mar 30, 2025 | -162,000.00 |
| Dec 29, 2024 | 1.15 Mn |
| Sep 29, 2024 | 2.19 Mn |
| Jun 30, 2024 | -4.59 Mn |
| Mar 31, 2024 | -152,000.00 |
| Dec 31, 2023 | -633,000.00 |