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Enovix(NASDAQ) ENVX

Market Cap$728.57MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2021)-74%
5 Year-81%
1 Year-63%
1 Month-23%
Premium Feature
Moneyball Superscore
52/100
$3.33
-1.34%
-0.04Today
After hours$3.33+$0.00 (+0.15%)
Enovix last closing stock price
MetricPriceDate
Last closeUSD 3.322026-09-04
Enovix stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.19%USD 3.362026-08-28
1 month-22.61%USD 4.292026-08-05
3 month-54.4%USD 7.282026-06-05
Year to date-54.58%USD 7.312025-12-31
1 year-63.19%USD 9.022025-09-04
3 year-76.45%USD 14.102023-09-05
5 year-81.1%USD 17.572021-09-03
Since inception-73.55%USD 12.552021-01-05

Enovix Financials at a Glance

Market Cap

$728.57MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$35.88M

Net Income (TTM)

-$170.03M

EPS (TTM)

-$0.80

P/E Ratio

-4.13

Dividend

$0.00

Beta (Volatility)

2.49 (High)

Price

$3.33

Volume

3,189.46

Open

$3.37

Previous Close

$3.32

Daily Range

$3.31 - $3.49

52-Week Range

$3.06 - $14.21

Estimated Earnings Date

Nov 4, 2026

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About Enovix

Enovix Corporation makes advanced batteries for gadgets like smartphones. These batteries help small devices hold more power and run longer. The company also builds batteries for drones and industrial tools.

Powering Gadgets and Defense

  • Silicon-Anode Batteries: High-performance cells designed for mobile electronics and smart eyewear requiring high energy density.
  • Conventional Lithium-Ion: Standard power cells used for defense systems, industrial machinery, and various battery-powered devices.
  • Battery Packs: Specialized energy systems for drones, subsea equipment, and munitions through its Routejade subsidiary.

Building Out Global Production

  • Acquired Routejade in Oct. 2023 to add electrode coating and battery pack manufacturing capabilities.
  • Purchased battery manufacturing assets in South Korea in April 2025 to increase specialized production capacity.
  • Launched the AI-1 product platform to serve manufacturers of next-generation mobile devices and smart eyewear.
  • Moved U.S. pilot manufacturing activities to a high-volume facility in Malaysia to support commercial growth.

What Sets This Tech Apart?

The company uses a unique 3D architecture that replaces traditional graphite with silicon in the battery anode. This design allows devices to hold more energy while keeping their small, space-constrained size.

A Look at the Financials

  • Revenue was $9.0 million in the fiscal quarter ended July 5, 2026, up 21% year over year.
  • Interest income reached $5.1 million in the fiscal quarter ended July 5, 2026, up 112% year over year.
  • Research and development expenses were $24.4 million in the fiscal quarter ended July 5, 2026, down 13% year over year.
  • Net loss was $43.1 million in the fiscal quarter ended July 5, 2026.
  • The company had $552.1 million in cash, cash equivalents, and investments as of July 5, 2026.

Bottom Line

Enovix is evolving from a technology developer into a global manufacturer of advanced energy solutions. Its transition to large-scale production in Asia supports a focus on the smartphone and defense markets.

AI Generated • Aug 13, 2026

Industry

Electrical Equipment

Employees

664

CEO

Raj Talluri, PhD

Headquarters

Fremont, CA 94538, US

ENVX Financials

Key Financial Metrics (TTM)

Gross Margin

-23.70%

Operating Margin

-496.54%

Net Income Margin

-473.89%

Return on Equity

-66.93%

Return on Capital

-21.75%

Return on Assets

-21.26%

Earnings Yield

-24.21%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$728.57MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

219.45M

Volume

3.19K

Avg. Volume

6.65M

Financials (TTM)

Gross Profit

-$8.50M

Operating Income

-$178.15M

EBITDA

-$92.69M

Operating Cash Flow

-$107.38M

Capital Expenditure

-$16.82M

Free Cash Flow

-$124.20M

Cash & ST Invst.

$475.78M

Total Debt

$537.48M

Enovix Performance Analysis

Enovix annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 6,202,000N/A
20232023-12-31USD 7,644,00023.3%
20242024-12-31USD 23,074,000201.9%
20252025-12-31USD 31,821,00037.9%
Enovix sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-287.0%
Q42025-12-2841.0%
Q12026-04-05-32.5%
Q22026-07-0518.7%
Enovix annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.82-0.5%
20232023-12-31USD -1.3867.8%
20242024-12-31USD -1.27-8.0%
20252025-12-31USD -0.75-40.5%
Enovix sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-28-22.7%
Q42025-12-2840.7%
Q12026-04-05-12.5%
Q22026-07-05-11.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$9.02M

+20.8%

Gross Profit

$1.30M

+118.9%

Gross Margin

14.43%

N/A

Market Cap

$728.57MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.10M

N/A

Employees

664

N/A

Net Income

-$43.06M

+3.3%

EBITDA

-$17.59M

+49.1%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$475.78M

+133.9%

Total Debt

$537.48M

+179.9%

Accounts Receivable

$3.10M

-42.2%

Inventory

$17.52B

+130792.8%

Long Term Debt

$526.89M

+190.1%

Short Term Debt

$10.59M

+1.8%

Return on Assets

-21.26%

N/A

Return on Invested Capital

-23.83%

N/A

Free Cash Flow

-$31.41M

+7.2%

Operating Cash Flow

-$21.78M

+15.8%

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Questions About ENVX

What is the current price of Enovix?

Enovix is trading at $3.32 per share.

What is the 52-week range for Enovix?

Over the past 52 weeks, Enovix has traded between $3.06 and $14.21.

How much debt does Enovix have?

As of the most recent reporting period, Enovix reported total debt of $537.48M.

How much cash does Enovix have on hand?

Enovix reported $33.74M in cash and cash equivalents in its most recent financial results.

What is Enovix’s dividend yield?

Enovix does not currently have a dividend yield.

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