Enovix (ENVX) Free Cash Flow (2020 - 2026)
Enovix's (ENVX) quarterly Free Cash Flow came in at -$25.3 million in Q3 2026, up 10.83% on a YoY basis from -$22.9 million in Q3 2025, and up 40.19% quarter-over-quarter from -$42.4 million in Q2 2026.
Analysis
Enovix (ENVX) Free Cash Flow (2020 - 2026) Analysis & Trends
Enovix (ENVX) has reported Free Cash Flow for 7 consecutive years, with -$25.3 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Free Cash Flow rose 10.83% year-over-year to -$25.3 million; the trailing twelve-month figure through Jul 2026 stood at -$124.2 million (up 10.99% YoY), and the FY2025 full-year result was -$113.5 million, up 38.58% from the prior year.
- Free Cash Flow improved to -$25.3 million in Q3 2026 per ENVX's latest filing, from -$42.4 million in the prior quarter.
- Across five years, Free Cash Flow topped out at -$25.3 million in Q3 2026 and bottomed at -$56.0 million in Q4 2023.
- Historically, Free Cash Flow has averaged -$38.5 million across 5 years, with a median of -$33.4 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Free Cash Flow plunged 91.35% in 2022, then soared 45.07% in 2025.
- Over 5 years, Free Cash Flow stood at -$30.1 million in 2022, then slumped by 85.95% to -$56.0 million in 2023, then surged by 42.34% to -$32.3 million in 2024, then grew by 13.34% to -$28.0 million in 2025, then advanced by 9.54% to -$25.3 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$25.3 million, -$42.4 million, and -$28.0 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 217.74 Mn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | -61.37 Mn |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | -107.43 Mn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | -45.93 Mn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | -39.71 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | -25.34 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | -4.40 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | -8.67 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | -12.18 Mn |
| 10 | Ses Ai | 176.50 Mn | 176.50 Mn | 1.15 Mn | -14.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | -25.34 Mn |
| Apr 5, 2026 | -42.36 Mn |
| Dec 28, 2025 | -28.01 Mn |
| Sep 28, 2025 | -28.50 Mn |
| Jun 29, 2025 | -28.41 Mn |
| Mar 30, 2025 | -28.60 Mn |
| Dec 29, 2024 | -32.32 Mn |
| Sep 29, 2024 | -50.22 Mn |
| Jun 30, 2024 | -51.73 Mn |
| Mar 31, 2024 | -50.57 Mn |
| Dec 31, 2023 | -56.04 Mn |
| Oct 1, 2023 | -45.45 Mn |
| Jul 2, 2023 | -34.58 Mn |
| Apr 2, 2023 | -30.35 Mn |
| Jan 1, 2023 | -52.93 Mn |
| Apr 3, 2022 | -30.14 Mn |
| Oct 3, 2021 | -30.31 Mn |
| Jun 30, 2021 | -19.96 Mn |
| Mar 31, 2021 | -15.75 Mn |
| Dec 31, 2020 | -12.55 Mn |