vs

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

Enovix Corp is the larger business by last-quarter revenue ($11.3M vs $5.7M, roughly 2.0× QUICKLOGIC Corp). QUICKLOGIC Corp runs the higher net margin — -5.4% vs -310.6%, a 305.2% gap on every dollar of revenue. On growth, Enovix Corp posted the faster year-over-year revenue change (15.9% vs -24.1%). QUICKLOGIC Corp produced more free cash flow last quarter ($-1.2M vs $-28.0M). Over the past eight quarters, Enovix Corp's revenue compounded faster (46.2% CAGR vs 17.2%).

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.

QuickLogic Corp is a fabless semiconductor company developing low-power customizable FPGAs, embedded FPGA IP, and edge sensor processing solutions. Its offerings serve global wearables, IoT, mobile electronics, and industrial markets, enabling energy-efficient low-latency on-device processing for edge AI and sensing use cases.

ENVX vs QUIK — Head-to-Head

Bigger by revenue
ENVX
ENVX
2.0× larger
ENVX
$11.3M
$5.7M
QUIK
Growing faster (revenue YoY)
ENVX
ENVX
+40.0% gap
ENVX
15.9%
-24.1%
QUIK
Higher net margin
QUIK
QUIK
305.2% more per $
QUIK
-5.4%
-310.6%
ENVX
More free cash flow
QUIK
QUIK
$26.8M more FCF
QUIK
$-1.2M
$-28.0M
ENVX
Faster 2-yr revenue CAGR
ENVX
ENVX
Annualised
ENVX
46.2%
17.2%
QUIK

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
ENVX
ENVX
QUIK
QUIK
Revenue
$11.3M
$5.7M
Net Profit
$-35.0M
$-305.0K
Gross Margin
22.2%
62.7%
Operating Margin
-390.5%
2.6%
Net Margin
-310.6%
-5.4%
Revenue YoY
15.9%
-24.1%
Net Profit YoY
6.6%
-114.9%
EPS (diluted)
$-0.14
$-0.02

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
QUIK
QUIK
Q4 25
$11.3M
Q3 25
$8.0M
Q2 25
$7.5M
Q1 25
$5.1M
Q4 24
$9.7M
$5.7M
Q3 24
$4.3M
$4.2M
Q2 24
$3.8M
$4.1M
Q1 24
$5.3M
$5.7M
Net Profit
ENVX
ENVX
QUIK
QUIK
Q4 25
$-35.0M
Q3 25
$-53.7M
Q2 25
$-44.5M
Q1 25
$-23.5M
Q4 24
$-37.5M
$-305.0K
Q3 24
$-22.5M
$-2.1M
Q2 24
$-115.9M
$-1.6M
Q1 24
$-46.4M
$108.0K
Gross Margin
ENVX
ENVX
QUIK
QUIK
Q4 25
22.2%
Q3 25
17.5%
Q2 25
26.0%
Q1 25
5.1%
Q4 24
10.8%
62.7%
Q3 24
-14.9%
59.1%
Q2 24
-17.4%
54.7%
Q1 24
-34.1%
67.1%
Operating Margin
ENVX
ENVX
QUIK
QUIK
Q4 25
-390.5%
Q3 25
-587.9%
Q2 25
-585.6%
Q1 25
-834.8%
Q4 24
-355.2%
2.6%
Q3 24
-1141.2%
-38.1%
Q2 24
-2355.4%
-29.3%
Q1 24
-1330.3%
2.3%
Net Margin
ENVX
ENVX
QUIK
QUIK
Q4 25
-310.6%
Q3 25
-672.3%
Q2 25
-596.3%
Q1 25
-461.2%
Q4 24
-385.6%
-5.4%
Q3 24
-522.0%
-49.8%
Q2 24
-3075.2%
-37.8%
Q1 24
-879.5%
1.9%
EPS (diluted)
ENVX
ENVX
QUIK
QUIK
Q4 25
$-0.14
Q3 25
$-0.27
Q2 25
$-0.22
Q1 25
$-0.12
Q4 24
$0.00
$-0.02
Q3 24
$-0.28
$-0.14
Q2 24
$-0.63
$-0.11
Q1 24
$-0.28
$0.01

Balance Sheet & Financial Strength

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

Metric
ENVX
ENVX
QUIK
QUIK
Cash + ST InvestmentsLiquidity on hand
$512.0M
Total DebtLower is stronger
$519.5M
$3.1M
Stockholders' EquityBook value
$271.2M
$24.9M
Total Assets
$879.0M
$51.9M
Debt / EquityLower = less leverage
1.92×
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENVX
ENVX
QUIK
QUIK
Q4 25
$512.0M
Q3 25
$558.8M
Q2 25
$203.4M
Q1 25
$248.2M
Q4 24
$272.9M
Q3 24
$200.9M
Q2 24
$249.9M
Q1 24
$262.4M
Total Debt
ENVX
ENVX
QUIK
QUIK
Q4 25
$519.5M
Q3 25
$518.6M
Q2 25
$169.7M
Q1 25
$169.4M
Q4 24
$170.0M
$3.1M
Q3 24
$168.9M
$3.4M
Q2 24
$170.1M
$1.2M
Q1 24
$169.8M
$1.4M
Stockholders' Equity
ENVX
ENVX
QUIK
QUIK
Q4 25
$271.2M
Q3 25
$294.3M
Q2 25
$203.7M
Q1 25
$235.1M
Q4 24
$246.7M
$24.9M
Q3 24
$167.6M
$20.9M
Q2 24
$170.3M
$21.8M
Q1 24
$229.3M
$22.2M
Total Assets
ENVX
ENVX
QUIK
QUIK
Q4 25
$879.0M
Q3 25
$913.7M
Q2 25
$469.1M
Q1 25
$499.0M
Q4 24
$527.2M
$51.9M
Q3 24
$448.0M
$49.7M
Q2 24
$489.0M
$47.5M
Q1 24
$508.9M
$51.9M
Debt / Equity
ENVX
ENVX
QUIK
QUIK
Q4 25
1.92×
Q3 25
1.76×
Q2 25
0.83×
Q1 25
0.72×
Q4 24
0.69×
0.12×
Q3 24
1.01×
0.16×
Q2 24
1.00×
0.06×
Q1 24
0.74×
0.06×

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
QUIK
QUIK
Operating Cash FlowLast quarter
$-27.0M
$116.0K
Free Cash FlowOCF − Capex
$-28.0M
$-1.2M
FCF MarginFCF / Revenue
-248.6%
-20.6%
Capex IntensityCapex / Revenue
8.9%
22.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-113.5M
$-5.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENVX
ENVX
QUIK
QUIK
Q4 25
$-27.0M
Q3 25
$-25.5M
Q2 25
$-25.9M
Q1 25
$-16.9M
Q4 24
$-16.0M
$116.0K
Q3 24
$-30.7M
$-16.0K
Q2 24
$-26.9M
$-220.0K
Q1 24
$-35.0M
$147.0K
Free Cash Flow
ENVX
ENVX
QUIK
QUIK
Q4 25
$-28.0M
Q3 25
$-28.5M
Q2 25
$-33.8M
Q1 25
$-23.2M
Q4 24
$-32.3M
$-1.2M
Q3 24
$-50.2M
$-83.0K
Q2 24
$-52.2M
$-4.2M
Q1 24
$-50.1M
$62.0K
FCF Margin
ENVX
ENVX
QUIK
QUIK
Q4 25
-248.6%
Q3 25
-356.7%
Q2 25
-453.0%
Q1 25
-454.7%
Q4 24
-332.6%
-20.6%
Q3 24
-1163.2%
-2.0%
Q2 24
-1384.2%
-102.2%
Q1 24
-950.9%
1.1%
Capex Intensity
ENVX
ENVX
QUIK
QUIK
Q4 25
8.9%
Q3 25
37.2%
Q2 25
106.7%
Q1 25
123.0%
Q4 24
168.3%
22.6%
Q3 24
452.5%
1.6%
Q2 24
669.0%
96.9%
Q1 24
286.2%
1.5%
Cash Conversion
ENVX
ENVX
QUIK
QUIK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ENVX
ENVX

Segment breakdown not available.

QUIK
QUIK

North America$3.0M53%
Other$2.7M47%

Related Comparisons