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Side-by-side financial comparison of Enovix Corp (ENVX) and INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC). Click either name above to swap in a different company.

INNOVATIVE SOLUTIONS & SUPPORT INC is the larger business by last-quarter revenue ($21.8M vs $11.3M, roughly 1.9× Enovix Corp). INNOVATIVE SOLUTIONS & SUPPORT INC runs the higher net margin — 18.6% vs -310.6%, a 329.2% gap on every dollar of revenue. On growth, INNOVATIVE SOLUTIONS & SUPPORT INC posted the faster year-over-year revenue change (36.6% vs 15.9%). INNOVATIVE SOLUTIONS & SUPPORT INC produced more free cash flow last quarter ($7.0M vs $-28.0M). Over the past eight quarters, Enovix Corp's revenue compounded faster (46.2% CAGR vs 42.5%).

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.

Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc., and is its legal successor; the former company's mobile phone division was spun off as Motorola Mobility, now part of Chinese technology company...

ENVX vs ISSC — Head-to-Head

Bigger by revenue
ISSC
ISSC
1.9× larger
ISSC
$21.8M
$11.3M
ENVX
Growing faster (revenue YoY)
ISSC
ISSC
+20.6% gap
ISSC
36.6%
15.9%
ENVX
Higher net margin
ISSC
ISSC
329.2% more per $
ISSC
18.6%
-310.6%
ENVX
More free cash flow
ISSC
ISSC
$35.1M more FCF
ISSC
$7.0M
$-28.0M
ENVX
Faster 2-yr revenue CAGR
ENVX
ENVX
Annualised
ENVX
46.2%
42.5%
ISSC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ENVX
ENVX
ISSC
ISSC
Revenue
$11.3M
$21.8M
Net Profit
$-35.0M
$4.1M
Gross Margin
22.2%
54.5%
Operating Margin
-390.5%
28.9%
Net Margin
-310.6%
18.6%
Revenue YoY
15.9%
36.6%
Net Profit YoY
6.6%
451.4%
EPS (diluted)
$-0.14
$0.22

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.

Revenue
ENVX
ENVX
ISSC
ISSC
Q4 25
$11.3M
$21.8M
Q3 25
$8.0M
$22.2M
Q2 25
$7.5M
$24.1M
Q1 25
$5.1M
$21.9M
Q4 24
$9.7M
$16.0M
Q3 24
$4.3M
$15.4M
Q2 24
$3.8M
$11.8M
Q1 24
$5.3M
$10.7M
Net Profit
ENVX
ENVX
ISSC
ISSC
Q4 25
$-35.0M
$4.1M
Q3 25
$-53.7M
$7.1M
Q2 25
$-44.5M
$2.4M
Q1 25
$-23.5M
$5.3M
Q4 24
$-37.5M
$736.2K
Q3 24
$-22.5M
$3.2M
Q2 24
$-115.9M
$1.6M
Q1 24
$-46.4M
$1.2M
Gross Margin
ENVX
ENVX
ISSC
ISSC
Q4 25
22.2%
54.5%
Q3 25
17.5%
63.2%
Q2 25
26.0%
35.5%
Q1 25
5.1%
51.4%
Q4 24
10.8%
41.4%
Q3 24
-14.9%
55.4%
Q2 24
-17.4%
53.4%
Q1 24
-34.1%
52.0%
Operating Margin
ENVX
ENVX
ISSC
ISSC
Q4 25
-390.5%
28.9%
Q3 25
-587.9%
37.0%
Q2 25
-585.6%
14.6%
Q1 25
-834.8%
31.8%
Q4 24
-355.2%
8.4%
Q3 24
-1141.2%
28.4%
Q2 24
-2355.4%
17.3%
Q1 24
-1330.3%
15.3%
Net Margin
ENVX
ENVX
ISSC
ISSC
Q4 25
-310.6%
18.6%
Q3 25
-672.3%
32.0%
Q2 25
-596.3%
10.1%
Q1 25
-461.2%
24.3%
Q4 24
-385.6%
4.6%
Q3 24
-522.0%
20.7%
Q2 24
-3075.2%
13.2%
Q1 24
-879.5%
11.3%
EPS (diluted)
ENVX
ENVX
ISSC
ISSC
Q4 25
$-0.14
$0.22
Q3 25
$-0.27
$0.40
Q2 25
$-0.22
$0.14
Q1 25
$-0.12
$0.30
Q4 24
$0.00
$0.04
Q3 24
$-0.28
$0.18
Q2 24
$-0.63
$0.09
Q1 24
$-0.28
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ENVX
ENVX
ISSC
ISSC
Cash + ST InvestmentsLiquidity on hand
$512.0M
$8.3M
Total DebtLower is stronger
$519.5M
$23.8M
Stockholders' EquityBook value
$271.2M
$68.7M
Total Assets
$879.0M
$109.9M
Debt / EquityLower = less leverage
1.92×
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENVX
ENVX
ISSC
ISSC
Q4 25
$512.0M
$8.3M
Q3 25
$558.8M
$2.7M
Q2 25
$203.4M
$601.8K
Q1 25
$248.2M
$1.2M
Q4 24
$272.9M
$604.6K
Q3 24
$200.9M
$539.0K
Q2 24
$249.9M
$521.0K
Q1 24
$262.4M
$574.1K
Total Debt
ENVX
ENVX
ISSC
ISSC
Q4 25
$519.5M
$23.8M
Q3 25
$518.6M
$24.4M
Q2 25
$169.7M
Q1 25
$169.4M
Q4 24
$170.0M
Q3 24
$168.9M
Q2 24
$170.1M
Q1 24
$169.8M
Stockholders' Equity
ENVX
ENVX
ISSC
ISSC
Q4 25
$271.2M
$68.7M
Q3 25
$294.3M
$64.6M
Q2 25
$203.7M
$56.8M
Q1 25
$235.1M
$53.5M
Q4 24
$246.7M
$47.8M
Q3 24
$167.6M
$46.6M
Q2 24
$170.3M
$43.2M
Q1 24
$229.3M
$41.4M
Total Assets
ENVX
ENVX
ISSC
ISSC
Q4 25
$879.0M
$109.9M
Q3 25
$913.7M
$103.4M
Q2 25
$469.1M
$91.8M
Q1 25
$499.0M
$89.9M
Q4 24
$527.2M
$81.3M
Q3 24
$448.0M
$82.4M
Q2 24
$489.0M
$59.8M
Q1 24
$508.9M
$57.6M
Debt / Equity
ENVX
ENVX
ISSC
ISSC
Q4 25
1.92×
0.35×
Q3 25
1.76×
0.38×
Q2 25
0.83×
Q1 25
0.72×
Q4 24
0.69×
Q3 24
1.01×
Q2 24
1.00×
Q1 24
0.74×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ENVX
ENVX
ISSC
ISSC
Operating Cash FlowLast quarter
$-27.0M
$8.2M
Free Cash FlowOCF − Capex
$-28.0M
$7.0M
FCF MarginFCF / Revenue
-248.6%
32.3%
Capex IntensityCapex / Revenue
8.9%
5.1%
Cash ConversionOCF / Net Profit
2.01×
TTM Free Cash FlowTrailing 4 quarters
$-113.5M
$12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENVX
ENVX
ISSC
ISSC
Q4 25
$-27.0M
$8.2M
Q3 25
$-25.5M
$3.0M
Q2 25
$-25.9M
$7.2M
Q1 25
$-16.9M
$1.3M
Q4 24
$-16.0M
$1.8M
Q3 24
$-30.7M
$445.3K
Q2 24
$-26.9M
$934.1K
Q1 24
$-35.0M
$201.1K
Free Cash Flow
ENVX
ENVX
ISSC
ISSC
Q4 25
$-28.0M
$7.0M
Q3 25
$-28.5M
$2.0M
Q2 25
$-33.8M
$3.5M
Q1 25
$-23.2M
$-267.7K
Q4 24
$-32.3M
$1.6M
Q3 24
$-50.2M
$299.5K
Q2 24
$-52.2M
$730.8K
Q1 24
$-50.1M
$75.4K
FCF Margin
ENVX
ENVX
ISSC
ISSC
Q4 25
-248.6%
32.3%
Q3 25
-356.7%
8.8%
Q2 25
-453.0%
14.6%
Q1 25
-454.7%
-1.2%
Q4 24
-332.6%
9.9%
Q3 24
-1163.2%
1.9%
Q2 24
-1384.2%
6.2%
Q1 24
-950.9%
0.7%
Capex Intensity
ENVX
ENVX
ISSC
ISSC
Q4 25
8.9%
5.1%
Q3 25
37.2%
4.5%
Q2 25
106.7%
15.3%
Q1 25
123.0%
7.1%
Q4 24
168.3%
1.6%
Q3 24
452.5%
0.9%
Q2 24
669.0%
1.7%
Q1 24
286.2%
1.2%
Cash Conversion
ENVX
ENVX
ISSC
ISSC
Q4 25
2.01×
Q3 25
0.42×
Q2 25
2.95×
Q1 25
0.24×
Q4 24
2.50×
Q3 24
0.14×
Q2 24
0.60×
Q1 24
0.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ENVX
ENVX

Segment breakdown not available.

ISSC
ISSC

Products$13.6M62%
Services$8.2M38%

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