Enovix (ENVX) Free Cash Flow (2020 - 2026)

Enovix posted quarterly Free Cash Flow of -$42.4 million for Q2 2026, down 48.14% year-on-year from -$81.7 million in Q2 2025, and down 112.13% on a QoQ basis from -$20.0 million in Q4 2025.

Enovix (ENVX) has 7 years of Free Cash Flow data on file, last reported at -$42.4 million in Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow fell 48.14% year-over-year to -$42.4 million; the trailing twelve-month figure through Apr 2026 stood at -$119.2 million (up 26.78% YoY), and the FY2025 full-year result was -$105.5 million, up 42.93% from the prior year.
  • Free Cash Flow for Q2 2026 stood at -$42.4 million, down from -$20.0 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at -$4.9 million in Q3 2024 and bottomed at -$81.8 million in Q1 2023.
  • The 5-year median for Free Cash Flow is -$34.6 million (2023), against an average of -$37.1 million.
  • Peak annual rise in Free Cash Flow reached 89.3% in 2024, while the deepest fall reached 659.29% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at -$21.2 million in 2022, then surged by 51.75% to -$10.2 million in 2023, then slumped by 659.29% to -$77.7 million in 2024, then jumped by 74.29% to -$20.0 million in 2025, then plunged by 112.13% to -$42.4 million in 2026.
  • The last three Free Cash Flow figures came in at -$42.4 million (Q2 2026), -$20.0 million (Q4 2025), and -$35.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 765.40 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 47.43 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 49.10 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 46.00 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn -42.20 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 49.34 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 73.30 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 131.16 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -176.11 Mn
10 Enovix 1.45 Bn 1.45 Bn 1.55 Mn -42.36 Mn

Historic Data

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DateValue
Apr 5, 2026 -42.36 Mn
Apr 5, 2026 -42.36 Mn
Dec 28, 2025 -29.04 Mn
Dec 28, 2025 -29.04 Mn
Sep 28, 2025 -19.43 Mn
Sep 28, 2025 -19.43 Mn
Jun 29, 2025 -33.83 Mn
Jun 29, 2025 -33.83 Mn
Mar 30, 2025 -23.18 Mn
Mar 30, 2025 -23.18 Mn
Dec 29, 2024 30.92 Mn
Dec 29, 2024 30.92 Mn
Sep 29, 2024 -50.22 Mn
Sep 29, 2024 -50.22 Mn
Jun 30, 2024 -52.16 Mn
Jun 30, 2024 -52.16 Mn
Mar 31, 2024 -50.13 Mn
Mar 31, 2024 -50.13 Mn
Dec 31, 2023 -23.88 Mn
Dec 31, 2023 -23.88 Mn
Oct 1, 2023 -31.80 Mn
Oct 1, 2023 -31.80 Mn
Jul 2, 2023 -34.58 Mn
Jul 2, 2023 -34.58 Mn
Apr 2, 2023 -30.35 Mn
Apr 2, 2023 -30.35 Mn
Jan 1, 2023 -23.75 Mn
Jan 1, 2023 -23.75 Mn
Apr 3, 2022 -21.20 Mn
Apr 3, 2022 -21.20 Mn
Oct 3, 2021 -48.58 Mn
Oct 3, 2021 -48.58 Mn
Jun 30, 2021 -1.69 Mn
Jun 30, 2021 -1.69 Mn
Mar 31, 2021 -15.75 Mn
Mar 31, 2021 -15.75 Mn
Dec 31, 2020 -6.29 Mn
Dec 31, 2020 -6.29 Mn