Enovix (ENVX)
Designer of silicon-anode lithium-ion cells built on a 3D stacked-electrode architecture, targeting smartphone OEM supply chains.
$2.94
vs last close−0.12 (−3.86%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Oct 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Apr 2026 | Q2 FY26Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 7 | 5 | 4 | 4 | 10 | 5 | 7 | 8 | 11 | 8 | 9 |
| Cost of revenue | 17 | 20 | 7 | 4 | 5 | 9 | 13 | 14 | 11 | 10 | 15 | 8 |
| Gross profit | −17 | −12 | −2 | −1 | −1 | 1 | −8 | −7 | −3 | 1 | −8 | 1 |
| 34 | 52 | 68 | 88 | 49 | 36 | 34 | 37 | 44 | 45 | 36 | 45 | |
| Research & development | 14 | 35 | 49 | 29 | 24 | 22 | 26 | 28 | 28 | 28 | 26 | 24 |
| 17 | 18 | 20 | 21 | 21 | 13 | 8 | 9 | 15 | 18 | 10 | 20 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 |
| Other expenses | 3 | 0 | 0 | 38 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | −50 | −65 | −70 | −89 | −49 | −35 | −43 | −44 | −47 | −44 | −44 | −43 |
| 34 | 4 | 23 | −32 | 29 | −2 | 19 | −1 | −7 | 9 | 6 | 0 | |
| Interest income | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 3 | 6 | 6 | 5 |
| Interest expense | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 12 | 6 | 7 | 7 |
| Other non-operating income | −36 | −6 | −25 | 30 | −31 | 0 | −21 | 0 | −5 | −15 | −13 | −6 |
| Income before tax | −16 | −61 | −47 | −121 | −20 | −36 | −24 | −45 | −54 | −35 | −38 | −44 |
| Income tax expense | 0 | −1 | 0 | −5 | 2 | 1 | 0 | −1 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −16 | −60 | −46 | −116 | −23 | −37 | −24 | −44 | −54 | −35 | −38 | −43 |
| Net income | −16 | −60 | −46 | −116 | −23 | −37 | −24 | −45 | −54 | −35 | −38 | −43 |
| EPS, basic | −$0.10 | −$0.36 | −$0.28 | −$0.63 | −$0.30 | −$0.20 | −$0.12 | −$0.22 | −$0.26 | −$0.16 | −$0.18 | −$0.20 |
| EPS, diluted | −$0.29 | −$0.36 | −$0.28 | −$0.63 | −$0.30 | −$0.20 | −$0.12 | −$0.22 | −$0.27 | −$0.16 | −$0.18 | −$0.20 |
| Weighted average shares, basic | 160 | 166 | 168 | 172 | 177 | 185 | 191 | 205 | 206 | 208 | 217 | 219 |
| Weighted average shares, diluted | 161 | 166 | 168 | 172 | 177 | 185 | 191 | 205 | 207 | 208 | 217 | 219 |
| EBITDA | −12 | −36 | −20 | −113 | −12 | −27 | −14 | −35 | −33 | −20 | −22 | −18 |
| Depreciation & amortization | 3 | 23 | 25 | 6 | 7 | 8 | 8 | 9 | 9 | 8 | 9 | 19 |
| EBIT | −15 | −59 | −45 | −119 | −19 | −35 | −22 | −43 | −42 | −28 | −31 | −37 |
