What is Envela's commercial — variable lease cost?

Envela (ELA) reported commercial — variable lease cost of $154.64K in Q1 2026.

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

Envela's commercial — variable lease cost increased by 6.0% year-over-year, from $145.92K to $154.64K.

What does commercial — variable lease cost mean?

Lease payments for the commercial segment that are not fixed but depend on an index, rate, or other variable factor. This metric helps identify the sensitivity of the commercial segment's operating expenses to market fluctuations or performance-based lease terms.

Envela ELA Commercial — Variable Lease Cost

Other segment segments

Consumer

$62.8K+5.3%

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FMCVariable Lease Cost

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GCMGVariable Lease Cost

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BKUVariable Lease Cost

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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:VariableLeaseCost.

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 — variable lease cost?: Envela (ELA) reported commercial — variable lease cost of $154.64K in Q1 2026.
How has Envela's commercial — variable lease cost changed year-over-year?: Envela's commercial — variable lease cost increased by 6.0% year-over-year, from $145.92K to $154.64K.
What does commercial — variable lease cost mean?: Lease payments for the commercial segment that are not fixed but depend on an index, rate, or other variable factor. This metric helps identify the sensitivity of the commercial segment's operating expenses to market fluctuations or performance-based lease terms.