Enovix CorpENVXEarnings & Financial Report
Enovix Corp is an advanced battery technology company that designs, develops and manufactures high-energy-density 3D silicon anode lithium-ion batteries. Its products serve consumer electronics, wearable devices, electric vehicles, and renewable energy storage segments, with customers and operations across North America, Asia and Europe.
ENVX Q4 FY2025 Key Financial Metrics
Revenue
$11.3M
Gross Profit
$2.5M
Operating Profit
$-44.0M
Net Profit
$-35.0M
Gross Margin
22.2%
Operating Margin
-390.5%
Net Margin
-310.6%
YoY Growth
15.9%
EPS
$-0.14
Enovix Corp Q4 FY2025 Financial Summary
Enovix Corp reported revenue of $11.3M (up 15.9% YoY) for Q4 FY2025, with a net profit of $-35.0M (up 6.6% YoY) (-310.6% margin). Cost of goods sold was $8.8M, operating expenses totaled $46.5M.
Key Financial Metrics
| Total Revenue | $11.3M |
|---|---|
| Net Profit | $-35.0M |
| Gross Margin | 22.2% |
| Operating Margin | -390.5% |
| Report Period | Q4 FY2025 |
Enovix Corp Annual Revenue by Year
Enovix Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $31.8M).
Enovix Corp Quarterly Revenue & Net Profit History
Enovix Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $11.3M | +15.9% | $-35.0M | -310.6% |
| Q3 FY2025 | $8.0M | +85.1% | $-53.7M | -672.3% |
| Q2 FY2025 | $7.5M | +98.2% | $-44.5M | -596.3% |
| Q1 FY2025 | $5.1M | -3.3% | $-23.5M | -461.2% |
| Q4 FY2024 | $9.7M | +4758.5% | $-37.5M | -385.6% |
| Q3 FY2024 | $4.3M | +10178.6% | $-22.5M | -522.0% |
| Q2 FY2024 | $3.8M | +17842.9% | $-115.9M | -3075.2% |
| Q1 FY2024 | $5.3M | +382.3% | $-46.4M | -879.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.3M | $3.8M | $4.3M | $9.7M | $5.1M | $7.5M | $8.0M | $11.3M |
| YoY Growth | 382.3% | 17842.9% | 10178.6% | 4758.5% | -3.3% | 98.2% | 85.1% | 15.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $508.9M | $489.0M | $448.0M | $527.2M | $499.0M | $469.1M | $913.7M | $879.0M |
| Liabilities | $276.8M | $315.9M | $277.8M | $277.8M | $261.3M | $262.5M | $616.6M | $605.0M |
| Equity | $229.3M | $170.3M | $167.6M | $246.7M | $235.1M | $203.7M | $294.3M | $271.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-35.0M | $-26.9M | $-30.7M | $-16.0M | $-16.9M | $-25.9M | $-25.5M | $-27.0M |