Enovix (ENVX) Free Cash Flow (2020 - 2026)
Enovix's (ENVX) quarterly Free Cash Flow came in at -$36.3 million in Q2 2026, down 56.57% YoY from -$83.6 million in Q2 2025, and down 81.73% on a QoQ basis from -$20.0 million in Q4 2025.
Enovix (ENVX) Free Cash Flow (2020 - 2026) Analysis & Trends
Enovix (ENVX) has 7 years of Free Cash Flow data on file, last reported at -$36.3 million in 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 eased to -$36.3 million in Q2 2026, from -$20.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of -$20.0 million in Q4 2025 to a low of -$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 slumped 66.6% — and 2025, when it soared 54.16%.
- Tracing ENVX's Free Cash Flow over 5 years: stood at -$21.2 million in 2022, then slumped by 164.37% to -$56.0 million in 2023, then soared by 42.34% to -$32.3 million in 2024, then jumped by 38.2% to -$20.0 million in 2025, then tumbled by 81.73% to -$36.3 million in 2026.
- The last three Free Cash Flow figures came in at -$36.3 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 | 100.86 Bn | 97.75 Bn | 1.23 Bn | 926.50 Mn |
| 2 | Bloom Energy | 57.75 Bn | 55.08 Bn | 355.57 Mn | 155.97 Mn |
| 3 | Hubbell | 24.88 Bn | 24.49 Bn | 613.00 Mn | 212.80 Mn |
| 4 | nVent Electric | 24.61 Bn | 24.36 Bn | 558.00 Mn | 167.30 Mn |
| 5 | Advanced Energy Industries | 11.10 Bn | 9.68 Bn | 236.10 Mn | 36.50 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.96 Bn | 606.40 Mn | 273.60 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.59 Bn | 95.30 Mn | 93.70 Mn |
| 8 | EnerSys | 6.91 Bn | 6.38 Bn | 313.36 Mn | 217.74 Mn |
| 9 | Plug Power | 3.21 Bn | 2.90 Bn | -1.68 Mn | -98.06 Mn |
| 10 | Enovix | 746.18 Mn | 746.18 Mn | 1.30 Mn | -25.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | -25.34 Mn |
| Jul 5, 2026 | -25.34 Mn |
| 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 |