For Q1 FY2026 ended March 31, 2026, Envela reported revenue of $98.4 million, up 103.9% year-over-year. Net income surged to $8.8 million, a 254.5% increase, with diluted EPS of $0.34, up 240%. Operating income rose 259.5% to $11.2 million. The company had long-term debt of $9.8 million and equity of $75.9 million.
•Revenue grew 103.9% YoY to $98.4 million.
•Net income increased 254.5% to $8.8 million.
•Diluted EPS rose 240% to $0.34.
•Operating income climbed 259.5% to $11.2 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Envela provides recommerce and recycling services in the United States. It operates in two segments, Consumer and Commercial. The company is involved in the online and brick-and-mortar sale of authenticated high-end luxury goods, including fine jewelry, diamonds and gemstones, luxury watches, and secondary market bullion precious metal products. Additionally, it provides end-of-life management of IT assets comprising data destruction, asset refurbishment, and remarketing; and detailed asset disposition data services. Incorporated in 1965 and headquartered in Irving, Texas, Envela was formerly known as DGSE Companies, Inc. before rebranding in December 2019.
Envela Corporation, traded under the ticker ELA on the NYSE American, is a recommerce and recycling services company based in the United States. It operates through two segments: Consumer and Commercial. The Consumer segment involves the online and brick-and-mortar sale of authenticated high-end luxury goods, including fine jewelry, diamonds and gemstones, luxury watches, and secondary market bullion, as well as precious metal products. The Commercial segment provides end-of-life management of IT assets, which includes data destruction, asset refurbishment, and remarketing, along with detailed asset disposition data services. Envela was formerly known as DGSE Companies, Inc. before rebranding in December 2019.
Where is Envela Corporation (ELA) listed and in what currency does it trade?
Envela Corporation is listed on the NYSE American exchange under the ticker symbol ELA. The company trades in U.S. dollars (USD), reflecting its primary operations in the United States. The NYSE American is a U.S. stock exchange known for listing small-cap and mid-cap companies, and Envela's listing there provides investors with access to its shares in the American equity market.
What sector and industry does Envela Corporation (ELA) operate in?
Envela Corporation is classified under the Consumer Cyclical sector and specifically within the Luxury Goods industry. This means the company's performance is closely tied to consumer spending trends, particularly on high-end discretionary items. As a luxury goods company, Envela deals in authenticated premium products such as fine jewelry, diamonds, gemstones, luxury watches, and precious metals. The cyclical nature of this sector implies that demand for Envela's offerings may fluctuate with economic conditions, as consumers tend to reduce luxury purchases during downturns.
Where is Envela Corporation headquartered and what markets does it serve?
Envela Corporation is headquartered in Irving, Texas, United States. The company primarily serves the U.S. market, as indicated by its country and region classification. Its operations include both online and brick-and-mortar sales channels for luxury goods, as well as commercial IT asset disposition services. While the description focuses on the United States, Envela's recommerce and recycling activities may have a broader reach through online platforms, but no specific international markets are mentioned in the available data.
How does Envela Corporation (ELA) make money?
Envela Corporation generates revenue through two main segments: Consumer and Commercial. In the Consumer segment, the company buys and sells authenticated high-end luxury goods such as fine jewelry, diamonds, gemstones, luxury watches, and secondary market bullion, as well as precious metal products. This is done via both online platforms and physical retail locations. In the Commercial segment, Envela provides end-of-life IT asset management services, including secure data destruction, asset refurbishment, and remarketing of used equipment. Additionally, it offers detailed asset disposition data services to clients. The company was originally incorporated in 1965 and rebranded from DGSE Companies, Inc. in December 2019.