What is Enovix Corporation's operating lease ROU assets?

Enovix Corporation (ENVX) reported operating lease ROU assets of $11.61M in Q1 2026.

How has Enovix Corporation's operating lease ROU assets changed year-over-year?

Enovix Corporation's operating lease ROU assets decreased by 10.1% year-over-year, from $12.92M to $11.61M.

What does operating lease ROU assets mean?

This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.

Enovix Corporation ENVX Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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$6.02M-81.8%

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Advanced Energy IndustriesAEIS

——

AlbemarleALB

——

Segments

By geography

See full

Malaysia$6.88M—

United States$5.11M—

India$1.43M—

Other financials

Income statement

See full

Revenue$7.6M+49.1%

Gross profit$1.6M+495%

Operating income-$43.9M-3.1%

Net income-$38.3M-62.7%

EPS (diluted)-$0.18-50.0%

Balance sheet

See full

Cash & equivalents$90.6M-52.7%

Total debt$543.6M+179%

Total equity$240.7M+2.4%

Total assets$833.9M+67.1%

Cash flow

See full

Operating cash flow-$33.1M-95.6%

CapEx$3.2M-48.7%

Free cash flow-$36.3M-56.6%

Valuation

See full

Market cap$1.3B-18.0%

Enterprise value$1.75B+10.5%

P/S37.8×-31.2×

Profitability

See full

Gross margin21.5%—

Operating margin-520.3%-160pp

Net margin-499.6%-149pp

FCF margin-368.9%-117pp

Returns & leverage

See full

Return on equity-72.1%-10.0pp

Debt / equity2.3×+1.4×

Current ratio11×+6.3×

Where this comes from

Reported directly by Enovix Corporation in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Enovix Corporation’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Enovix Corporation's operating lease ROU assets?: Enovix Corporation (ENVX) reported operating lease ROU assets of $11.61M in Q1 2026.
How has Enovix Corporation's operating lease ROU assets changed year-over-year?: Enovix Corporation's operating lease ROU assets decreased by 10.1% year-over-year, from $12.92M to $11.61M.
What does operating lease ROU assets mean?: This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.