What is Envela's commercial — short term lease cost?

Envela (ELA) reported commercial — short term lease cost of $89.59K in Q1 2026.

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

Envela's commercial — short term lease cost increased by 128.2% year-over-year, from $39.26K to $89.59K.

What does commercial — short term lease cost mean?

Represents the total rental expense incurred for lease agreements with a term of twelve months or less within the commercial business segment. This metric helps investors understand the company's reliance on flexible, short-term operational space or equipment rather than long-term capital commitments.

Envela ELA Commercial — Short Term Lease Cost

Other segment segments

Consumer

$1.77K-94.3%

Similar metrics at other companies

TDWShort Term Lease Cost

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GCTShort Term Lease Cost

$62K-44.6%

CYHShort Term Lease Cost

$18M-5.3%

HLMNShort Term Lease Cost

$1.24M+73.8%

AMCXShort Term Lease Cost

$42.5K+4.9%

IBEXShort Term Lease Cost

$69K-34.3%

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

See full

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:ShortTermLeaseCost.

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 — short term lease cost?: Envela (ELA) reported commercial — short term lease cost of $89.59K in Q1 2026.
How has Envela's commercial — short term lease cost changed year-over-year?: Envela's commercial — short term lease cost increased by 128.2% year-over-year, from $39.26K to $89.59K.
What does commercial — short term lease cost mean?: Represents the total rental expense incurred for lease agreements with a term of twelve months or less within the commercial business segment. This metric helps investors understand the company's reliance on flexible, short-term operational space or equipment rather than long-term capital commitments.