Enovix (ENVX) Tax Rate (2023 - 2026)

Enovix (ENVX) has reported Tax Rate for 4 consecutive years, with 1.01% the latest figure, recorded in Q3 2026.

• For the quarter ending Q3 2026, Tax Rate fell 89.0% year-over-year to 1.01%; the trailing twelve-month figure through Jul 2026 stood at 0.5% (up 235.0% YoY), and the FY2025 full-year result was 0.83%, up 21.0% from the prior year.
• Tax Rate grew to 1.01% in Q3 2026 per ENVX's latest filing, from 0.34% 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.
• Historically, Tax Rate has averaged 0.4% across 4 years, with a median of 0.68% in 2025.
• The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 422 bps in 2024, then soared 1151 bps in 2025.
• Over 4 years, 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 surged by 366 bps to 1.01% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 1.01%, 0.34%, and 0.38% for Q3 2026, Q2 2026, and Q4 2025 respectively.