Enovix (ENVX) Tax Rate (2023 - 2026)

Enovix's Tax Rate history runs 4 years deep, the most recent figure standing at 0.34% for Q2 2026.

• Quarterly Tax Rate fell 35.0% year-over-year to 0.34% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.74% (up 4.0% YoY) and the FY2025 annual result came in at 0.83%, up 21.0% from the prior year.
• Tax Rate was 0.34% for Q2 2026 at Enovix, up from 0.38% in the prior quarter.
• Across five years, Tax Rate topped out at 3.8% in Q2 2024 and bottomed at 10.73% in Q3 2024.
• A 4-year average of 0.54% and a median of 0.51% in 2026 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2024 — Tax Rate slumped 422 bps — and 2025, when it surged 1151 bps.
• Enovix's Tax Rate stood at 1.04% in 2023, then plunged by 404 bps to 3.17% in 2024, then soared by 88 bps to 0.38% in 2025, then soared by 188 bps to 0.34% in 2026.
• Business Quant data shows ENVX's Tax Rate at 0.34% in Q2 2026, 0.38% in Q4 2025, and 0.78% in Q3 2025.