Enovix (ENVX) Tax Rate (2023 - 2025)
Historic Tax Rate for Enovix (ENVX) over the last 3 years, with Q3 2025 value amounting to 0.78%.
- Enovix's Tax Rate rose 115100.0% to 0.78% in Q3 2025 from the same period last year, while for Sep 2025 it was 0.18%, marking a year-over-year decrease of 11000.0%. This contributed to the annual value of 0.62% for FY2024, which is 3300.0% up from last year.
- Per Enovix's latest filing, its Tax Rate stood at 0.78% for Q3 2025, which was up 115100.0% from 1.91% recorded in Q2 2025.
- In the past 5 years, Enovix's Tax Rate ranged from a high of 3.8% in Q2 2024 and a low of 10.73% during Q3 2024
- In the last 3 years, Enovix's Tax Rate had a median value of 0.73% in 2025 and averaged 0.67%.
- In the last 5 years, Enovix's Tax Rate plummeted by -42200bps in 2024 and then surged by 115100bps in 2025.
- Quarter analysis of 3 years shows Enovix's Tax Rate stood at 1.04% in 2023, then plummeted by -404bps to 3.17% in 2024, then surged by 125bps to 0.78% in 2025.
- Its Tax Rate was 0.78% in Q3 2025, compared to 1.91% in Q2 2025 and 0.68% in Q1 2025.