Enovix (ENVX) Tax Rate (2023 - 2026)

Enovix has reported Tax Rate for 4 years, with the latest figure at 0.34% in Q2 2026.

• For the quarter ending Q2 2026, Tax Rate fell 35.0% year-over-year to 0.34%; the trailing twelve-month figure through Apr 2026 stood at 0.74% (up 4.0% YoY), and the FY2025 full-year result was 0.83%, up 21.0% from the prior year.
• Tax Rate for Q2 2026 stood at 0.34%, up from 0.38% in the prior quarter.
• The five-year high for Tax Rate was 3.8% in Q2 2024, with the low at 10.73% in Q3 2024.
• Historically, Tax Rate has averaged 0.54% across 4 years, with a median of 0.51% in 2026.
• Annual changes were most pronounced in 2024 — Tax Rate tumbled 422 bps — and 2025, when it surged 1151 bps.
• Enovix's Tax Rate stood at 1.04% in 2023, then slumped by 404 bps to 3.17% in 2024, then jumped by 88 bps to 0.38% in 2025, then jumped by 188 bps to 0.34% in 2026.
• The last three Tax Rate figures came in at 0.34% (Q2 2026), 0.38% (Q4 2025), and 0.78% (Q3 2025), per Business Quant data.