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Side-by-side financial comparison of American Express (AXP) and Enovix Corp (ENVX). Click either name above to swap in a different company.
American Express is the larger business by last-quarter revenue ($18.9M vs $11.3M, roughly 1.7× Enovix Corp). American Express runs the higher net margin — 15.7% vs -310.6%, a 326.3% gap on every dollar of revenue. On growth, Enovix Corp posted the faster year-over-year revenue change (15.9% vs 11.4%). Over the past eight quarters, Enovix Corp's revenue compounded faster (46.2% CAGR vs -95.6%).
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products an...
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.
AXP vs ENVX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $18.9M | $11.3M |
| Net Profit | $3.0M | $-35.0M |
| Gross Margin | — | 22.2% |
| Operating Margin | — | -390.5% |
| Net Margin | 15.7% | -310.6% |
| Revenue YoY | 11.4% | 15.9% |
| Net Profit YoY | 15.0% | 6.6% |
| EPS (diluted) | — | $-0.14 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $18.9M | — | ||
| Q4 25 | $10.9B | $11.3M | ||
| Q3 25 | $10.4B | $8.0M | ||
| Q2 25 | $10.3B | $7.5M | ||
| Q1 25 | $9.6B | $5.1M | ||
| Q4 24 | $10.0B | $9.7M | ||
| Q3 24 | $9.7B | $4.3M | ||
| Q2 24 | $9.8B | $3.8M |
| Q1 26 | $3.0M | — | ||
| Q4 25 | $2.5B | $-35.0M | ||
| Q3 25 | $2.9B | $-53.7M | ||
| Q2 25 | $2.9B | $-44.5M | ||
| Q1 25 | $2.6B | $-23.5M | ||
| Q4 24 | $2.2B | $-37.5M | ||
| Q3 24 | $2.5B | $-22.5M | ||
| Q2 24 | $3.0B | $-115.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 22.2% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 26.0% | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | -14.9% | ||
| Q2 24 | — | -17.4% |
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | -390.5% | ||
| Q3 25 | 36.7% | -587.9% | ||
| Q2 25 | 34.4% | -585.6% | ||
| Q1 25 | 34.6% | -834.8% | ||
| Q4 24 | 27.7% | -355.2% | ||
| Q3 24 | 33.0% | -1141.2% | ||
| Q2 24 | 38.6% | -2355.4% |
| Q1 26 | 15.7% | — | ||
| Q4 25 | 22.5% | -310.6% | ||
| Q3 25 | 27.9% | -672.3% | ||
| Q2 25 | 28.0% | -596.3% | ||
| Q1 25 | 26.8% | -461.2% | ||
| Q4 24 | 21.8% | -385.6% | ||
| Q3 24 | 25.8% | -522.0% | ||
| Q2 24 | 30.7% | -3075.2% |
| Q1 26 | — | — | ||
| Q4 25 | $3.52 | $-0.14 | ||
| Q3 25 | $4.14 | $-0.27 | ||
| Q2 25 | $4.08 | $-0.22 | ||
| Q1 25 | $3.64 | $-0.12 | ||
| Q4 24 | $3.04 | $0.00 | ||
| Q3 24 | $3.49 | $-0.28 | ||
| Q2 24 | $4.15 | $-0.63 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $512.0M |
| Total DebtLower is stronger | $60.4M | $519.5M |
| Stockholders' EquityBook value | $34.0M | $271.2M |
| Total Assets | $308.9M | $879.0M |
| Debt / EquityLower = less leverage | 1.78× | 1.92× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $742.0M | $512.0M | ||
| Q3 25 | $1.3B | $558.8M | ||
| Q2 25 | $197.0M | $203.4M | ||
| Q1 25 | $261.0M | $248.2M | ||
| Q4 24 | $221.0M | $272.9M | ||
| Q3 24 | $120.0M | $200.9M | ||
| Q2 24 | $188.0M | $249.9M |
| Q1 26 | $60.4M | — | ||
| Q4 25 | $56.4B | $519.5M | ||
| Q3 25 | $57.8B | $518.6M | ||
| Q2 25 | $58.2B | $169.7M | ||
| Q1 25 | $51.2B | $169.4M | ||
| Q4 24 | $49.7B | $170.0M | ||
| Q3 24 | $53.5B | $168.9M | ||
| Q2 24 | $51.5B | $170.1M |
| Q1 26 | $34.0M | — | ||
| Q4 25 | $33.5B | $271.2M | ||
| Q3 25 | $32.4B | $294.3M | ||
| Q2 25 | $32.3B | $203.7M | ||
| Q1 25 | $31.2B | $235.1M | ||
| Q4 24 | $30.3B | $246.7M | ||
| Q3 24 | $29.7B | $167.6M | ||
| Q2 24 | $29.5B | $170.3M |
| Q1 26 | $308.9M | — | ||
| Q4 25 | $300.1B | $879.0M | ||
| Q3 25 | $297.6B | $913.7M | ||
| Q2 25 | $295.6B | $469.1M | ||
| Q1 25 | $282.2B | $499.0M | ||
| Q4 24 | $271.5B | $527.2M | ||
| Q3 24 | $271.0B | $448.0M | ||
| Q2 24 | $272.2B | $489.0M |
| Q1 26 | 1.78× | — | ||
| Q4 25 | 1.68× | 1.92× | ||
| Q3 25 | 1.78× | 1.76× | ||
| Q2 25 | 1.80× | 0.83× | ||
| Q1 25 | 1.64× | 0.72× | ||
| Q4 24 | 1.64× | 0.69× | ||
| Q3 24 | 1.80× | 1.01× | ||
| Q2 24 | 1.74× | 1.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-27.0M |
| Free Cash FlowOCF − Capex | — | $-28.0M |
| FCF MarginFCF / Revenue | — | -248.6% |
| Capex IntensityCapex / Revenue | — | 8.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-113.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $-27.0M | ||
| Q3 25 | $6.2B | $-25.5M | ||
| Q2 25 | $4.4B | $-25.9M | ||
| Q1 25 | $4.8B | $-16.9M | ||
| Q4 24 | $5.8B | $-16.0M | ||
| Q3 24 | $-1.8B | $-30.7M | ||
| Q2 24 | $4.5B | $-26.9M |
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $-28.0M | ||
| Q3 25 | $5.6B | $-28.5M | ||
| Q2 25 | $3.7B | $-33.8M | ||
| Q1 25 | $4.3B | $-23.2M | ||
| Q4 24 | $5.3B | $-32.3M | ||
| Q3 24 | $-2.3B | $-50.2M | ||
| Q2 24 | $4.0B | $-52.2M |
| Q1 26 | — | — | ||
| Q4 25 | 21.4% | -248.6% | ||
| Q3 25 | 53.6% | -356.7% | ||
| Q2 25 | 36.3% | -453.0% | ||
| Q1 25 | 45.0% | -454.7% | ||
| Q4 24 | 53.1% | -332.6% | ||
| Q3 24 | -23.3% | -1163.2% | ||
| Q2 24 | 40.4% | -1384.2% |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 8.9% | ||
| Q3 25 | 6.3% | 37.2% | ||
| Q2 25 | 6.0% | 106.7% | ||
| Q1 25 | 4.5% | 123.0% | ||
| Q4 24 | 5.0% | 168.3% | ||
| Q3 24 | 4.7% | 452.5% | ||
| Q2 24 | 5.8% | 669.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.25× | — | ||
| Q3 25 | 2.15× | — | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 1.84× | — | ||
| Q4 24 | 2.66× | — | ||
| Q3 24 | -0.72× | — | ||
| Q2 24 | 1.50× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXP
| Discount revenue | $9.5M | 50% |
| Other | $8.9M | 47% |
| Deposits with banks and other | $512.0K | 3% |
ENVX
Segment breakdown not available.
