Enovix Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 5, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Revenue	34.32	31.82	23.07	7.64	6.2	-
Revenue Growth (YoY)	49.88%	37.91%	201.86%	23.25%	-	-
Cost of Revenue	26.93	25.72	25.12	63.06	23.24	1.97
Gross Profit	7.4	6.11	-2.05	-55.42	-17.04	-1.97
Selling, General & Admin	75.06	73.03	74.31	79.01	51.97	29.71
Research & Development	110.93	110.33	124.51	88.39	58.05	37.85
Other Operating Expenses	-	-	41.81	7.43	4.92	-
Total Operating Expenses	185.99	183.36	240.62	174.84	114.94	67.56
Operating Income	-178.59	-177.25	-242.67	-230.26	-131.98	-69.52
Interest Income	16.34	13	12.33	14.07	5.23	0.04
Interest Expense	-26.89	-21.6	-6.79	-4.46	-	-0.19
Other Non-Operating Income (Expense)	16.53	27.93	13.2	5.88	75.13	-56.2
Total Non-Operating Income (Expense)	5.98	19.34	18.74	15.49	80.36	-56.35
Pretax Income	-172.61	-157.92	-223.93	-214.77	-51.62	-125.87
Provision for Income Taxes	-1.28	-1.31	-1.39	-0.63	-	-
Net Income	-171.49	-156.74	-222.24	-214.07	-51.62	-125.87
Minority Interest in Earnings	0.16	0.13	-0.29	-0.06	-	-
Net Income to Common	-171.49	-156.74	-222.24	-214.07	-51.62	-125.87
Shares Outstanding (Basic)	218	200	175	169	153	117
Shares Outstanding (Diluted)	218	200	175	170	154	117
Shares Change (YoY)	13.55%	14.59%	3.09%	10.01%	31.50%	45.85%
EPS (Basic)	-0.79	-0.78	-1.27	-1.27	-0.34	-1.07
EPS (Diluted)	-0.79	-0.78	-1.27	-1.30	-0.82	-1.07
Shares Outstanding	217.7	216.56	190.56	167.39	157.46	152.27
Free Cash Flow	-98.62	-85.02	-114.47	-104.27	-118.95	-94.89
Free Cash Flow Per Share	-0.45	-0.42	-0.65	-0.61	-0.77	-0.81
Gross Margin	21.55%	19.19%	-8.86%	-724.97%	-274.70%	-
Operating Margin	-520.32%	-557.04%	-1051.70%	-3012.23%	-2128.01%	-
Profit Margin	-499.18%	-492.15%	-964.44%	-2801.31%	-832.34%	-
FCF Margin	-287.33%	-267.18%	-496.09%	-1364.02%	-1917.96%	-
EBITDA	-142.56	-142.14	-197.71	-196.25	-124.01	-68.01
EBITDA Margin	-415.33%	-446.69%	-856.84%	-2567.32%	-1999.47%	-
EBIT	-178.59	-177.25	-242.67	-230.26	-131.98	-69.52
EBIT Margin	-520.32%	-557.04%	-1051.70%	-3012.23%	-2128.01%	-
Effective Tax Rate	0.74%	0.83%	0.62%	0.29%	0.00%	0.00%

SEC Filings: 10-K · 10-Q