Enovix Corp
ENVX Nasdaq· Miscellaneous Electrical Machinery, Equipment & Supplies
Last close · Oct 26, 2026
$2.68
KIRA · Stoqly’s AI analyst, in plain words
- Enovix Corp had $31.8M of revenue in fiscal 2025, up 37.9% on the year before.
- Its operating margin was −557.0%, up 494.7 pts: of every 100 in sales, about −557 is left after running the business.
- Enovix Corp lost $157M in fiscal 2025.
- Free cash flow was −$114M in fiscal 2025, −356.7% of revenue.
- Enovix Corp returned $58.4M to shareholders in fiscal 2025. The diluted share count rose 11.6%.
- Enovix Corp owes $17.2M more than it holds in cash.
Market cap
$586M
P/E
—
Revenue
$31.8M
Net income
−$157M
Free cash flow
−$114M
Operating margin
−557.0%
Enovix Corp in 30 seconds · fiscal 2025
Are sales growing?
+37.9%
Yes. Sales grew 37.9% last year.
Does it make a profit?
−492.6%
No. It lost money last year.
Does profit turn into cash?
−356.7%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Enovix Corp does
No business description yet.
- Fiscal year ends
- December 28, 2025
- Latest annual report
- 10-K · Feb 25, 2026
- Legal name
- Enovix Corp
- CIK
- 0001828318
Enovix Corp · ENVX
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $0.0M | $6.2M | $7.6M | $23.1M | $31.8M |
| Revenue growth | — | — | 23.3% | 201.9% | 37.9% |
| Net interest income | −$0.2M | $5.2M | — | — | — |
| Gross margin | — | −274.7% | −725.0% | −8.9% | 19.2% |
| Operating margin | — | −2,128.0% | −3,012.2% | −1,051.7% | −557.0% |
| Net income | −$126M | −$51.6M | −$214M | −$222M | −$157M |
| Net margin | — | −832.3% | −2,800.5% | −963.2% | −492.6% |
| Diluted EPS | −$1.07 | −$0.82 | −$1.30 | −$1.19 | −$0.75 |
| Cash | |||||
| Cash from operations | −$51.3M | −$82.7M | −$105M | −$109M | −$95.3M |
| Capital expenditure | $43.6M | $36.2M | $61.8M | $76.2M | $18.2M |
| Free cash flow | −$94.9M | −$119M | −$166M | −$185M | −$114M |
| FCF margin | — | −1,918.0% | −2,177.3% | −801.0% | −356.7% |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $58.4M |
| Share count change | 45.9% | 31.5% | 10.0% | 9.7% | 11.6% |
| Debt and strength | |||||
| Cash and short-term investments | $385M | $323M | $307M | $273M | $512M |
| Debt incl. finance leases | — | $0.0M | $175M | $179M | $529M |
| Shareholders' equity | $326M | $356M | $258M | $247M | $271M |
| Current ratio | 19.3x | 14.3x | 5.3x | 5.5x | 8.3x |
| Interest coverage | −371.8x | — | −51.7x | −35.8x | −8.2x |
| Returns and quality | |||||
| Return on capital | — | −310.5% | −144.0% | −125.2% | −48.6% |
| Return on equity | −69.5% | −15.1% | −69.7% | −88.0% | −60.5% |
| Return on tangible equity | −38.6% | −14.5% | −105.0% | −112.2% | −68.9% |
| Piotroski F-score | 3 | 2 | 1 | 4 | 4 |
| Altman Z'' | 4.1 | 4.2 | −2.3 | −4.2 | −0.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Enovix Corp · ENVX
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.68 a share, the company is worth $586M.
Source: SEC EDGAR XBRL filings (CIK 0001828318). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.