Enovix (ENVX) Free Cash Flow (2020 - 2026)
Enovix (ENVX) reported Free Cash Flow of -$42.4 million for Q2 2026, down 48.14% on a YoY basis from -$81.7 million in Q2 2025, and down 112.13% quarter-over-quarter from -$20.0 million in Q4 2025.
Enovix (ENVX) Free Cash Flow (2020 - 2026) Analysis & Trends
Enovix has reported Free Cash Flow for 7 years, with the latest figure 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.
- The five-year high for Free Cash Flow was -$4.9 million in Q3 2024, with the low at -$81.8 million in Q1 2023.
- Historically, Free Cash Flow has averaged -$37.1 million across 5 years, with a median of -$34.6 million in 2023.
- The largest YoY upside for Free Cash Flow was 89.3% in 2024 against a maximum downside of 659.29% in 2024.
- Enovix's Free Cash Flow stood at -$21.2 million in 2022, then jumped by 51.75% to -$10.2 million in 2023, then tumbled by 659.29% to -$77.7 million in 2024, then soared by 74.29% to -$20.0 million in 2025, then sank 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) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 765.40 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 47.43 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 49.10 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 46.00 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | -42.20 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 49.34 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -4.51 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 73.30 Mn |
| 10 | Enovix | 1.46 Bn | 1.46 Bn | 1.55 Mn | -42.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | -42.36 Mn |
| Apr 5, 2026 | -42.36 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 | -21.24 Mn |
| Jun 29, 2025 | -21.24 Mn |
| Mar 30, 2025 | -28.60 Mn |
| Mar 30, 2025 | -28.60 Mn |
| Dec 29, 2024 | -77.67 Mn |
| Dec 29, 2024 | -77.67 Mn |
| Sep 29, 2024 | -4.86 Mn |
| Sep 29, 2024 | -4.86 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 | -10.23 Mn |
| Dec 31, 2023 | -10.23 Mn |