Enovix (ENVX) Tax Provisions (2023 - 2026)
Enovix's (ENVX) quarterly Tax Provisions came in at -$129000.0 in Q2 2026, up 20.37% YoY from -$107169.2 in Q2 2025, and down 196.99% on a QoQ basis from $133000.0 in Q4 2025.
Enovix (ENVX) Tax Provisions (2023 - 2026) Analysis & Trends
Enovix (ENVX) has 4 years of Tax Provisions data on file, last reported at -$129000.0 in 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 slipped to -$129000.0 in Q2 2026, from $133000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $2.2 million in Q3 2024 to a low of -$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 plunged 119.23%.
- Tracing ENVX's Tax Provisions over 4 years: stood at -$633000.0 in 2023, then jumped by 281.99% to $1.2 million in 2024, then tumbled by 88.45% to $133000.0 in 2025, then slumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 122.20 Mn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 1.50 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 66.20 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 61.50 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 12.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 44.20 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 16.96 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 18.56 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 13.64 Mn |
| 10 | Enovix | 716.69 Mn | 716.69 Mn | 1.30 Mn | -441,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | -441,000.00 |
| 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 |