Sells pre-owned luxury goods, including fine jewelry and luxury watches, to consumers.
Jun 2026Revenue $293M/yrExpenses $265M/yr
Reached break-even Aug 2017
Figures by year
When did Envela become profitable?
Its revenue passed its expenses in Aug 2017. In the 12 months to Jun 2026, revenue was $293M and expenses $265M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $241M | $223M | $18.1M |
| Dec 2024 | $180M | $172M | $8.16M |
| Dec 2023 | $175M | $167M | $8.76M |
| Dec 2022 | $183M | $169M | $13.9M |
| Dec 2021 | $141M | $131M | $9.50M |
| Dec 2020 | $114M | $107M | $6.79M |
| Dec 2019 | $82.0M | $78.8M | $3.24M |
| Dec 2018 | $54.1M | $53.4M | $651K |
| Dec 2017 | $62.0M | $60.0M | $1.95M |
| Dec 2016 | $48.3M | $51.9M | −$3.60M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.