Enovix (ENVX) Asset Utilization Ratio (2022 - 2026)

Enovix has reported Asset Utilization Ratio for 5 years, with the latest figure at 0.04 in Q2 2026.

• For the quarter ending Q2 2026, Asset Utilization Ratio fell 10.2% year-over-year to 0.04; the trailing twelve-month figure through Apr 2026 stood at 0.04 (down 10.2% YoY), and the FY2025 full-year result was 0.05, up 7.05% from the prior year.
• Asset Utilization Ratio for Q2 2026 stood at 0.04, up from 0.04 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.05 in Q2 2025, with the low at 0.01 in Q3 2022.
• Historically, Asset Utilization Ratio has averaged 0.03 across 5 years, with a median of 0.03 in 2023.
• Annual changes were most pronounced in 2023 — Asset Utilization Ratio plunged 43.4% — and 2024, when it soared 262.5%.
• Enovix's Asset Utilization Ratio stood at 0.01 in 2022, then jumped by 31.76% to 0.01 in 2023, then soared by 235.61% to 0.05 in 2024, then declined by 24.98% to 0.04 in 2025, then climbed by 12.89% to 0.04 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.04 (Q2 2026), 0.04 (Q4 2025), and 0.04 (Q3 2025), per Business Quant data.