What is Enovix Corporation's operating lease ROU assets?

Enovix Corporation (ENVX) reported operating lease ROU assets of 8.7% in Q1 2026.

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

Enovix Corporation's operating lease ROU assets increased by 2.4% year-over-year, from 8.5% to 8.7%.

What does operating lease ROU assets mean?

Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

Enovix Corporation ENVX Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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7.9%-1.6pp

Eos Energy Enterprises, Inc.EOSE

$21.47M+738%

Advanced Energy IndustriesAEIS

$102M-2.3%

WolfspeedWOLF

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AlbemarleALB

——

Segments

By geography

See full

Malaysia688,000,000%—

United States511,400,000%—

India143,300,000%—

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:OperatingLeaseWeightedAverageDiscountRatePercent.

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 8.7% in Q1 2026.
How has Enovix Corporation's operating lease ROU assets changed year-over-year?: Enovix Corporation's operating lease ROU assets increased by 2.4% year-over-year, from 8.5% to 8.7%.
What does operating lease ROU assets mean?: Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.