Enovix Corporation (ENVX)

NASDAQ: ENVX · Real-Time Price · USD

2.780

-0.120 (-4.14%)

At close: Oct 1, 2026, 4:00 PM EDT

2.800

+0.020 (0.72%)

Pre-market: Oct 2, 2026, 7:03 AM EDT

Enovix Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 5, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Revenue	35.88	31.82	23.07	7.64	6.2	-
Revenue Growth	34.88%	37.91%	201.86%	23.25%	-	-
Gross Profit	6.76	6.11	-0.15	-50.12	-17.04	-1.97
Operating Income	-178.15	-176.55	-180.56	-203.02	-127.06	-69.52
Net Income	-170.03	-156.74	-222.24	-214.07	-51.62	-125.87
Earnings Per Share	-0.79	-0.75	-1.19	-1.30	-0.82	-1.07
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul '26 Jul 5, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023
South Korea	25.59	21.63	12.9	5.86	0.01
Switzerland	4.43	4.33	4.78	-	-
Other	1.17	1.18	1.26	1.12	0.02
Norway	-	1.54	2.36	-	-
United States	-	2.12	0.89	0.47	6.17
Taiwan	-	1.02	0.89	0.19	-
Total	35.88	31.82	23.07	7.64	6.2

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 5, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Cash & Investments	475.78	512.04	272.87	306.82	322.85	385.29
Total Debt	541.72	544.29	192.57	190.61	8.23	9.07
Net Cash (Debt)	-65.94	-32.25	80.3	116.21	314.62	376.22
Net Cash Growth	-	-	-30.89%	-63.07%	-16.38%	1190.95%
Net Cash Per Share	-0.31	-0.16	0.43	0.69	2.04	3.21

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 5, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Operating Cash Flow	-107.38	-95.29	-108.63	-104.64	-82.74	-51.31
Capital Expenditures	-16.82	-18.22	-76.19	-61.8	-36.21	-43.58
Free Cash Flow	-124.2	-113.51	-184.82	-166.43	-118.95	-94.89
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 5, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Gross Margin	18.83%	19.18%	-0.63%	-	-274.70%	-
Operating Margin	-496.54%	-554.84%	-782.53%	-2655.98%	-2048.66%	-
Pretax Margin	-476.61%	-496.27%	-970.47%	-2809.59%	-832.34%	-
Profit Margin	-473.89%	-492.57%	-963.17%	-2800.51%	-832.34%	-
FCF Margin	-346.17%	-356.73%	-800.99%	-2177.28%	-1917.96%	-

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 2, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
PS Ratio	16.58	50.44	92.10	274.80	315.12	-