Envela Corporation (NYSE: ELA) delivered a strong performance in its fourth quarter of 2025, with both revenue and earnings per share surpassing analyst expectations.
For the fourth quarter of 2025, Envela reported earnings per share of $0.23, significantly higher than the analyst estimate of $0.09. This represents a substantial increase from the $0.06 per share reported in the same period last year.
The company’s revenue for the fourth quarter of 2025 reached $80.5 million, exceeding analyst expectations of $52.25 million. This marks a notable increase from the $48.32 million reported in the prior-year quarter.
Fourth quarter gross margin was $16.5 million, compared to $11.1 million in the prior-year quarter. Adjusted EBITDA for the same period was $8.0 million, or 3.3% of revenue, compared to $2.3 million, or 4.8% of revenue in the prior-year quarter.
Full year 2025 revenue was $241.0 million, compared to $180.4 million in 2024. Gross margin for the full year was $53.9 million, compared to $44.3 million in 2024. Full year 2025 Adjusted EBITDA was $20.0 million, or 8.3% of revenue, compared to $9.7 million, or 5.4% of revenue in 2024.
The company recorded cash and cash equivalents of $18.2 million as of December 31, 2025.
John Loftus, CEO of Envela, stated, “Consumer demand remained robust, with bullion and pre-owned jewelry performing particularly well, while our expansion into new markets continues to demonstrate the appeal of our value-driven, locally focused retail experience.”