10-K · March 18, 2026
Envela reported a material revenue acceleration in FY2025 driven by a Q4 revenue surge to $80,499,000 and higher operating profitability; annual activity appears to have grown vs FY2024 driven by both consumer bullion…
Earnings analysis · 10-Q
ELA earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Envela Corporation posted a remarkable Q1 2026, with revenues soaring to $98.38 million, a 103.9% increase year-over-year from $48.26 million. Notably, gross margins fell to 21.0% from 24.8% in the prior year; however,…
Read full summary
Envela Corporation posted a remarkable Q1 2026, with revenues soaring to $98.38 million, a 103.9% increase year-over-year from $48.26 million. Notably, gross margins fell to 21.0% from 24.8% in the prior year; however, net income surged to $8.84 million, significantly up from $2.49 million, resulting in an EPS of $0.34, up 240%. The company successfully capitalized on increased demand for safe-haven metals alongside an expanded consumer segment, evidenced by substantial growth in both revenue and net income.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.34
What stood out
-
122.4% Growth in Consumer Segment Revenue
Consumer segment revenue increased significantly to $81.79 million, up from $36.77 million, reflecting a 122.4% rise.
-
Operating Cash Flow Up 1770.5%
Operating cash flow surged to $21.16 million, compared to just $1.13 million in Q1 2025.
-
Net Income 254.5% Increase
Net income reached $8.84 million, up from $2.49 million in Q1 2025.
-
EPS Jumped to $0.34
Diluted EPS rose sharply to $0.34, compared to $0.10 in the same quarter last year.
-
Free Cash Flow Robust at $20.59M
Free cash flow reached $20.59 million, indicating solid liquidity and operational performance.
-
Operating Margin at 11.4%
Operating margin improved to 11.4%, marking a significant rise from 6.5% in the previous year.
What to watch
-
Commodity Price Fluctuations Risk
Potential exposure to market fluctuations in commodities, particularly precious metals, could impact profit margins.
-
Interest Rate and Inflation Risk
Rising interest rates and inflation could affect consumer spending and operational costs.
-
Inventory Management Challenges
Increased working capital requirements due to higher commodity costs may create liquidity pressures.
Management's outlook
Management continues to monitor market conditions and may adjust purchasing strategies accordingly.
Earlier filings 4
10-Q · November 5, 2025
Envela reported a strong Q3 with sales of $57,389,411 (up $10,489,852 vs Q3 2024) and diluted EPS of $0.13 (vs $0.06 prior year), both beating consensus. Gross margin was $13,067,930 (≈22.78% of sales) and operating…
10-Q · May 7, 2025
Envela reported Q1 2025 revenue of $48,255,829, up $8,398,049 (21.1%) versus $39,857,780 in Q1 2024, with gross margin dollars rising to $11,968,024 and operating income increasing to $3,118,421. Diluted EPS improved to…
10-Q · November 5, 2024
Envela reported Q3 sales of $46,899,559, up $10,023,073 (≈27.2%) versus Q3 2023 ($36,876,486). Gross profit rose to $11,464,239 but gross margin compressed to ~24.44%; operating income was $2,020,472 and diluted EPS was…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.