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Envela ELA Consumer — Variable Lease Cost

Other segment segments

Commercial
$154.64K+6.0%

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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$446.05M+140%
Enterprise value$427.49M+136%
P/E21.3×-0.5×
P/S1.5×+0.6×

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 source filing: Envela’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:01 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000701719-26-000013
Line itemThree Months Ended March 31, 2026 / ConsumerThree Months Ended March 31, 2026 / CommercialThree Months Ended March 31, 2026 / ConsolidatedThree Months Ended March 31, 2025 / ConsumerThree Months Ended March 31, 2025 / CommercialThree Months Ended March 31, 2025 / Consolidated
Operating lease cost$298,519$467,638$766,157$263,065$339,428$602,493
Variable lease cost62,796154,635217,43159,659145,922205,581
Short-term lease cost1,77189,58691,35730,99939,26370,262
$363,086$711,859$1,074,945$353,723$524,613$878,336

ITEM 1: FINANCIAL STATEMENTS

FAQ

What is Envela's consumer — variable lease cost?
Envela (ELA) reported consumer — variable lease cost of $62.8K in Q1 2026.
How has Envela's consumer — variable lease cost changed year-over-year?
Envela's consumer — variable lease cost increased by 5.3% year-over-year, from $59.66K to $62.8K.
What does consumer — variable lease cost mean?
Lease payments for the consumer segment that are not fixed in nature but are based on an index, rate, or performance metric, such as sales-based rent. This cost fluctuates with the segment's business activity, providing a flexible cost structure. Monitoring this helps investors understand the sensitivity of the segment's operating expenses to revenue performance.

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