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Side-by-side financial comparison of Enovix Corp (ENVX) and Prelude Therapeutics Inc (PRLD). Click either name above to swap in a different company.

Enovix Corp is the larger business by last-quarter revenue ($11.3M vs $6.5M, roughly 1.7× Prelude Therapeutics Inc). Prelude Therapeutics Inc runs the higher net margin — -303.5% vs -310.6%, a 7.1% gap on every dollar of revenue. On growth, Prelude Therapeutics Inc posted the faster year-over-year revenue change (116.7% vs 15.9%).

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 vs PRLD — Head-to-Head

Bigger by revenue
ENVX
ENVX
1.7× larger
ENVX
$11.3M
$6.5M
PRLD
Growing faster (revenue YoY)
PRLD
PRLD
+100.7% gap
PRLD
116.7%
15.9%
ENVX
Higher net margin
PRLD
PRLD
7.1% more per $
PRLD
-303.5%
-310.6%
ENVX

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ENVX
ENVX
PRLD
PRLD
Revenue
$11.3M
$6.5M
Net Profit
$-35.0M
$-19.7M
Gross Margin
22.2%
Operating Margin
-390.5%
-314.1%
Net Margin
-310.6%
-303.5%
Revenue YoY
15.9%
116.7%
Net Profit YoY
6.6%
38.9%
EPS (diluted)
$-0.14
$-0.26

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
PRLD
PRLD
Q4 25
$11.3M
Q3 25
$8.0M
$6.5M
Q2 25
$7.5M
Q1 25
$5.1M
Q4 24
$9.7M
Q3 24
$4.3M
$3.0M
Q2 24
$3.8M
Q1 24
$5.3M
Net Profit
ENVX
ENVX
PRLD
PRLD
Q4 25
$-35.0M
Q3 25
$-53.7M
$-19.7M
Q2 25
$-44.5M
Q1 25
$-23.5M
Q4 24
$-37.5M
Q3 24
$-22.5M
$-32.3M
Q2 24
$-115.9M
Q1 24
$-46.4M
Gross Margin
ENVX
ENVX
PRLD
PRLD
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 24
-34.1%
Operating Margin
ENVX
ENVX
PRLD
PRLD
Q4 25
-390.5%
Q3 25
-587.9%
-314.1%
Q2 25
-585.6%
Q1 25
-834.8%
Q4 24
-355.2%
Q3 24
-1141.2%
-1145.9%
Q2 24
-2355.4%
Q1 24
-1330.3%
Net Margin
ENVX
ENVX
PRLD
PRLD
Q4 25
-310.6%
Q3 25
-672.3%
-303.5%
Q2 25
-596.3%
Q1 25
-461.2%
Q4 24
-385.6%
Q3 24
-522.0%
-1075.7%
Q2 24
-3075.2%
Q1 24
-879.5%
EPS (diluted)
ENVX
ENVX
PRLD
PRLD
Q4 25
$-0.14
Q3 25
$-0.27
$-0.26
Q2 25
$-0.22
Q1 25
$-0.12
Q4 24
$0.00
Q3 24
$-0.28
$-0.43
Q2 24
$-0.63
Q1 24
$-0.28

Balance Sheet & Financial Strength

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

Metric
ENVX
ENVX
PRLD
PRLD
Cash + ST InvestmentsLiquidity on hand
$512.0M
$55.0M
Total DebtLower is stronger
$519.5M
Stockholders' EquityBook value
$271.2M
$58.5M
Total Assets
$879.0M
$94.8M
Debt / EquityLower = less leverage
1.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENVX
ENVX
PRLD
PRLD
Q4 25
$512.0M
Q3 25
$558.8M
$55.0M
Q2 25
$203.4M
Q1 25
$248.2M
Q4 24
$272.9M
Q3 24
$200.9M
$153.6M
Q2 24
$249.9M
Q1 24
$262.4M
Total Debt
ENVX
ENVX
PRLD
PRLD
Q4 25
$519.5M
Q3 25
$518.6M
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
PRLD
PRLD
Q4 25
$271.2M
Q3 25
$294.3M
$58.5M
Q2 25
$203.7M
Q1 25
$235.1M
Q4 24
$246.7M
Q3 24
$167.6M
$156.4M
Q2 24
$170.3M
Q1 24
$229.3M
Total Assets
ENVX
ENVX
PRLD
PRLD
Q4 25
$879.0M
Q3 25
$913.7M
$94.8M
Q2 25
$469.1M
Q1 25
$499.0M
Q4 24
$527.2M
Q3 24
$448.0M
$197.2M
Q2 24
$489.0M
Q1 24
$508.9M
Debt / Equity
ENVX
ENVX
PRLD
PRLD
Q4 25
1.92×
Q3 25
1.76×
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
PRLD
PRLD
Operating Cash FlowLast quarter
$-27.0M
$-19.1M
Free Cash FlowOCF − Capex
$-28.0M
FCF MarginFCF / Revenue
-248.6%
Capex IntensityCapex / Revenue
8.9%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-113.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENVX
ENVX
PRLD
PRLD
Q4 25
$-27.0M
Q3 25
$-25.5M
$-19.1M
Q2 25
$-25.9M
Q1 25
$-16.9M
Q4 24
$-16.0M
Q3 24
$-30.7M
$-27.3M
Q2 24
$-26.9M
Q1 24
$-35.0M
Free Cash Flow
ENVX
ENVX
PRLD
PRLD
Q4 25
$-28.0M
Q3 25
$-28.5M
Q2 25
$-33.8M
Q1 25
$-23.2M
Q4 24
$-32.3M
Q3 24
$-50.2M
$-27.4M
Q2 24
$-52.2M
Q1 24
$-50.1M
FCF Margin
ENVX
ENVX
PRLD
PRLD
Q4 25
-248.6%
Q3 25
-356.7%
Q2 25
-453.0%
Q1 25
-454.7%
Q4 24
-332.6%
Q3 24
-1163.2%
-912.0%
Q2 24
-1384.2%
Q1 24
-950.9%
Capex Intensity
ENVX
ENVX
PRLD
PRLD
Q4 25
8.9%
Q3 25
37.2%
0.0%
Q2 25
106.7%
Q1 25
123.0%
Q4 24
168.3%
Q3 24
452.5%
2.1%
Q2 24
669.0%
Q1 24
286.2%

Financial Flow Comparison

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

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