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
DateValue
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