Enovix Corporation

ENVX Industrials Electrical Equipment & Parts

Enovix Corporation’s revenue for fiscal 2025 (year ended December 2025) was $31.8 million, up 37.9% from fiscal 2024.

Revenue
+20.8%
EPS
+9.09%
Free cash flow
+7.17%
Total debt
+195.6%

Quarter to June 2026, against a year earlier

2.78 0.38 +15.83%
Market cap
$526.7M
P/E
0.0×
Fwd P/E
−4.0×
Dividend yield
—
F-score
5/9
Altman Z
−0.03
Beneish M
−3.40
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 0.02
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — 1 — — — — — — — — — —
Insider Ownership 13.11%

Capital & Financial Ratios $m

Size
Market Cap 526.68
Revenue ttm 35.88
Net income ttm (170.14)
Free cash flow ttm (124.20)
Net debt Q 55.81
Valuation
P/E 0.00
Forward P/E (4.00) (negative: loss-making)
Price / sales 16.93 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 2.87
Financial health
Current ratio Q 9.71 (at or above 1.5: strong)
Debt / equity Q 2.51 (above 2: weak)
Interest coverage Q (6.64)
Growth
Revenue growth Q +20.84% (above 0%: growing)
Operating income growth Q +1.00% (above 0%: growing)
EPS, this year −4.44% (below 0%: weak)
EPS, next year A −5.49% (below 0%: weak)
Revenue, next year A +23.31% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +26.37% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 2.21%
10-year low 10-year high
P/B against its own 10 years 1.43%
10-year low 10-year high
EV/Sales against its own 10 years 2.21%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 307 273 512 476
Receivables 1 5 4 3
Inventory 9 8 14 18
Other — — — —
323 295 542 506
2023 2024 2025 Q'26
Payables 21 9 18 12
ST’ Debt 6 9 10 11
Other 2 3 12 7
61 54 65 52

Compound Annual Growth %

10y 5y 3y
Sales — — 72.48%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 49.89% (8.39%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.18) (0.20) — — —
’25 (0.12) (0.22) (0.27) (0.16) (0.75)
’24 (0.28) (0.67) (0.28) (0.20) (1.19)
’23 (0.47) (0.41) (0.10) (0.36) (1.30)
’22 0.28 (0.01) (0.53) (0.07) (0.33)
’21 (0.17) (0.15) (0.08) (0.60) (1.07)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 8 9 — — —
’25 5 7 8 11 32
’24 5 4 4 10 23
’23 0 0 0 7 8
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (33) (22) — — —
’25 (17) (26) (26) (27) (95)
’24 (35) (27) (31) (16) (109)
’23 (26) (24) (28) (27) (105)
’22 (20) (21) (21) (22) (83)
’21 (9) (7) (19) (17) (51)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (36) (31) — — —
’25 (23) (34) (28) (28) (114)
’24 (50) (52) (50) (32) (185)
’23 (29) (36) (45) (56) (166)
’22 (30) (25) (37) (27) (119)
’21 (16) (20) (30) (29) (95)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — 6 8 23 32 36 +72.5% 39 76 225 +92.0%
Gross margin, % — — — — 0.00 0.00 (274.70) (724.97) (8.86) 19.19 18.83 +19.2 pt
EBT — — — — (40) (126) (52) (215) (224) (158) (171) +31.8%
EBT margin, % — — — — 0.00 0.00 (832.34) (2,809.59) (970.47) (496.27) (476.61) (496.3) pt
Net income — 0 — — (40) (126) (52) (214) (223) (157) (170) n/m
Per share, $
Per share, $ Revenue — — — — 0.00 0.00 0.04 0.05 0.12 0.15 0.16 n/m
Earnings — — — — (0.49) (1.07) (0.34) (1.27) (1.19) (0.75) (0.80) +8.7%
Cash flow — — — — (0.25) (0.44) (0.54) (0.62) (0.58) (0.46) (0.49) +13.0%
Capex — — — — (0.34) (0.37) (0.24) (0.37) (0.41) (0.09) (0.08) (23.5%)
Free cash flow — — — — (0.58) (0.81) (0.78) (0.98) (0.99) (0.55) (0.57) (1.3%)
Book value — — — — 0.45 2.78 2.33 1.54 1.34 1.32 0.97 +24.0%
Shares, m — — — — 80 117 153 169 186 208 212 +20.9%
Valuation, ×
Valuation, × P/E — — — — — — 0.00 0.00 0.00 0.00 0.00 0.0
P/S — — — — — — 0.00 270.27 87.64 47.70 16.93 101.4
P/B — — — — — — 5.20 7.91 8.11 5.54 2.87 6.7
EV/Sales — — — — — — 0.00 253.03 83.59 48.24 18.49 96.2
EV/FCF — — — — — — (13.06) (11.62) (10.44) (13.52) (5.34) (12.2)
Cash, $m
Cash, $m Operating cash flow — — — — (20) (51) (83) (105) (109) (95) (107) +36.6%
Capex — — — — (27) (44) (36) (62) (76) (18) (17) (7.5%)
Free cash flow — — — — (47) (95) (119) (166) (185) (114) (124) +19.3%
Balance, $m
Balance, $m Working capital — — — — 22 377 307 262 241 477 454 +84.7%
Net debt — — — — (29) (376) (315) (132) (94) 17 56 n/m
Shareholders’ equity — — — — 36 326 356 261 249 274 212 +49.9%
Returns, %
Returns, % ROA — — — — (122.07) (45.98) (11.18) (42.61) (40.72) (22.29) (26.80) +99.8 pt
ROIC — — — — (207.92) 0.00 (197.29) (111.30) (97.34) (38.06) (41.58) +169.9 pt
ROE — — — — (21.89) (69.48) (15.13) (69.33) (87.07) (59.89) (81.23) (38.0) pt
People
People Employees — — — — — 215 335 560 570 664 — +32.6%
Revenue/emp, $m — — — — — 0.00 0.02 0.01 0.04 0.05 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Enovix Corporation vs peers in Electrical Equipment & Parts (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
FOIL Londian Wason New Energy Tech Inc. - Sponsored ADR $977.8M — — — — — — — Compare
FCEL FuelCell Energy, Inc. $714.0M — (loss-making) — (loss-making) −29.40% (below 0%: shrinking) n/m +45.78% (above 0%: growing) (74.25%) (141.39%) Compare
ADSE ADS-TEC Energy PLC $692.5M — (loss-making) 12.6× — n/m −62.65% (below 0%: shrinking) (1.39%) 0.00% Compare
EOSE Eos Energy Enterprises, Inc. $684.6M 1.7× 1.2× +171.14% (above 0%: growing) n/m −27.19% (below 0%: shrinking) (53.43%) (95.88%) Compare
TE T1 Energy Inc $682.9M — (loss-making) — (loss-making) +88.40% (above 0%: growing) n/m −1,334.38% (below 0%: shrinking) 19.63% (9.11%) Compare
ENVX Enovix Corporation $526.7M — (loss-making) — (loss-making) +20.84% (above 0%: growing) n/m +7.17% (above 0%: growing) 14.43% (479.79%)
KE Kimball Electronics, Inc. $490.6M 22.8× 20.3× +6.89% (above 0%: growing) −73.17% (below 0%: shrinking) −1,463.73% (below 0%: shrinking) 7.90% 3.17% Compare
HYLN Hyliion Holdings Corp. $469.7M — (loss-making) — (loss-making) +226.34% (above 0%: growing) n/m +48.39% (above 0%: growing) 7.40% (309.43%) Compare
FAC Factorial Energy Inc. $422.7M 44.2× — — n/m +11.54% (above 0%: growing) — 0.00% Compare
Median of peers $683.8M 22.8× 12.6× +88.40% — −27.19% 3.01% (9.11%)

All 55 Electrical Equipment & Parts stocks →

Pay and ownership Proxy statement filed 24 April 2026

Ownership

Directors and executive officers, together 12.70%
Thurman John Rodgers 11.80%
The Vanguard Group 7.50%
BlackRock, Inc. 5.40%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Enovix Corporation (ENVX) Latest News

5 Nov

Impact 4 · · GlobeNewswire

28 Oct

Impact 4 · · GlobeNewswire

14 Oct

13 Oct

Impact 4 · · GlobeNewswire

18 Aug

17 Aug

13 May

Impact 4 · · MarketBeat
stockrow.com/ENVX · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com