Enovix (ENVX) Free Cash Flow (2020 - 2026)
Enovix (ENVX) posted Free Cash Flow of -$36.3 million for Q2 2026, down 81.73% on a QoQ basis from -$20.0 million in Q4 2025, and down 56.57% year-over-year from -$83.6 million in Q2 2025.
Enovix (ENVX) Free Cash Flow (2020 - 2026) Analysis & Trends
Enovix's Free Cash Flow history runs 7 years deep, the most recent figure standing at -$36.3 million for Q2 2026.
- Quarterly Free Cash Flow fell 56.57% year-over-year to -$36.3 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$118.6 million (up 24.67% YoY) and the FY2025 annual result came in at -$105.5 million, up 42.93% from the prior year.
- Free Cash Flow was -$36.3 million for Q2 2026 at Enovix, down from -$20.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at -$20.0 million in Q4 2025 and bottomed at -$81.8 million in Q1 2023.
- A 5-year average of -$39.7 million and a median of -$35.7 million in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2024 — Free Cash Flow sank 66.6% — and 2025, when it soared 54.16%.
- Enovix's Free Cash Flow stood at -$21.2 million in 2022, then plunged by 164.37% to -$56.0 million in 2023, then surged by 42.34% to -$32.3 million in 2024, then soared by 38.2% to -$20.0 million in 2025, then sank by 81.73% to -$36.3 million in 2026.
- Business Quant data shows ENVX's Free Cash Flow at -$36.3 million in Q2 2026, -$20.0 million in Q4 2025, and -$35.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | -7.54 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 654.20 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 47.61 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 46.00 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 53.80 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | -42.20 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 273.60 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 49.34 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 131.16 Mn |
| 10 | Enovix | 943.39 Mn | 945.45 Mn | 1.55 Mn | -36.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | -36.29 Mn |
| Apr 5, 2026 | -36.29 Mn |
| Dec 28, 2025 | -19.97 Mn |
| Dec 28, 2025 | -19.97 Mn |
| Sep 28, 2025 | -35.67 Mn |
| Sep 28, 2025 | -35.67 Mn |
| Jun 29, 2025 | -26.66 Mn |
| Jun 29, 2025 | -26.66 Mn |
| Mar 30, 2025 | -23.18 Mn |
| Mar 30, 2025 | -23.18 Mn |
| Dec 29, 2024 | -32.32 Mn |
| Dec 29, 2024 | -32.32 Mn |
| Sep 29, 2024 | -50.22 Mn |
| Sep 29, 2024 | -50.22 Mn |
| Jun 30, 2024 | -51.73 Mn |
| Jun 30, 2024 | -51.73 Mn |
| Mar 31, 2024 | -50.57 Mn |
| Mar 31, 2024 | -50.57 Mn |
| Dec 31, 2023 | -56.04 Mn |
| Dec 31, 2023 | -56.04 Mn |