Enovix (ENVX) Tax Provisions (2023 - 2026)
Enovix posted quarterly Tax Provisions of -$129000.0 for Q2 2026, up 20.37% year-on-year from -$107169.2 in Q2 2025, and down 196.99% on a QoQ basis from $133000.0 in Q4 2025.
Enovix (ENVX) has 4 years of Tax Provisions data on file, last reported at -$129000.0 in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 20.37% year-over-year to -$129000.0; the trailing twelve-month figure through Apr 2026 stood at -$1.3 million (up 8.77% YoY), and the FY2025 full-year result was -$1.3 million, up 5.75% from the prior year.
- Tax Provisions for Q2 2026 stood at -$129000.0, 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.
- The 4-year median for Tax Provisions is -$157000.0 (2024), against an average of -$346600.0.
- The widest annual swing landed in 2024, when Tax Provisions jumped 281.99%; it then slumped 119.23% in 2025.
- A 4-year view of Tax Provisions shows it stood at -$633000.0 in 2023, then surged by 281.99% to $1.2 million in 2024, then slumped by 88.45% to $133000.0 in 2025, then sank by 196.99% to -$129000.0 in 2026.
- The last three Tax Provisions figures came in at -$129000.0 (Q2 2026), $133000.0 (Q4 2025), and -$422000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 48.20 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 400,000.00 |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 36.50 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 53.40 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 2.70 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 15.90 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 26.10 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 21.81 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 41,000.00 |
| 10 | Enovix | 1.45 Bn | 1.45 Bn | 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 |