What is Envela's commercial — lease cost?

Envela (ELA) reported commercial — lease cost of $711.86K in Q1 2026.

How has Envela's commercial — lease cost changed year-over-year?

Envela's commercial — lease cost increased by 35.7% year-over-year, from $524.61K to $711.86K.

What does commercial — lease cost mean?

The aggregate expense recognized for all lease arrangements, including fixed, variable, and short-term leases, associated with the commercial segment's operations. Monitoring this figure provides insight into the fixed overhead burden required to maintain the segment's physical infrastructure and operational capacity.

Envela ELA Commercial — Lease Cost

Other segment segments

Consumer

$363.09K+2.6%

Similar metrics at other companies

KEE

KEELLease Cost

$1.35M+25.0%

VSTSLease Cost

$21.46M+7.4%

AVPTLease Cost

$3.15M+20.2%

ROADLease Cost

$16.77M+60.6%

AVOLease Cost

$9.95M+5.3%

TDWLease Cost

$1.72M+47.6%

Other financials

Income statement

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Revenue$98.4M+104%

Gross profit$20.6M+72.3%

Operating income$11.2M+259%

Net income$8.8M+255%

EPS (diluted)$0.34+240%

Balance sheet

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Cash & equivalents$38.6M+83.6%

Total debt$20.0M+11.5%

Total equity$75.9M+37.6%

Total assets$108.0M+35.5%

Cash flow

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Operating cash flow$21.2M+1,771%

CapEx$567.9K+47.7%

Free cash flow$20.6M+2,658%

Valuation

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Market cap$681.28M+343%

Enterprise value$662.71M+340%

P/E32.5×+11.6×

P/S2.3×+1.5×

Profitability

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Gross margin21.5%-2.9pp

Operating margin9%+4.3pp

Net margin7.2%+3.3pp

FCF margin4%—

Returns & leverage

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Return on equity32%+17.9pp

Debt / equity0.3×-0.1×

Current ratio3.5×-1.0×

Where this comes from

Reported directly by Envela in its filing.

Tagged under the XBRL concept us-gaap:LeaseCost.

The official record: Envela’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Envela's commercial — lease cost?: Envela (ELA) reported commercial — lease cost of $711.86K in Q1 2026.
How has Envela's commercial — lease cost changed year-over-year?: Envela's commercial — lease cost increased by 35.7% year-over-year, from $524.61K to $711.86K.
What does commercial — lease cost mean?: The aggregate expense recognized for all lease arrangements, including fixed, variable, and short-term leases, associated with the commercial segment's operations. Monitoring this figure provides insight into the fixed overhead burden required to maintain the segment's physical infrastructure and operational capacity.