Enovix (ENVX) Gross Margin (2022 - 2026)
Enovix posted quarterly Gross Margin of 20.42% for Q2 2026, up 1530.0% year-on-year from 1.25% in Q2 2025, and down 8.02% on a QoQ basis from 22.2% in Q4 2025.
Enovix (ENVX) has 5 years of Gross Margin data on file, last reported at 20.42% in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 1530.0% year-over-year to 20.42%; the trailing twelve-month figure through Apr 2026 stood at 21.55% (up 2148.0% YoY), and the FY2025 full-year result was 19.19%, up 2805.0% from the prior year.
- Gross Margin for Q2 2026 stood at 20.42%, down from 22.2% in the prior quarter.
- Across five years, Gross Margin topped out at 26.0% in Q2 2025 and bottomed at 82762.5% in Q4 2022.
- The 5-year median for Gross Margin is 16.13% (2024), against an average of 11467.08%.
- Peak annual rise in Gross Margin reached 7445800 bps in 2023, while the deepest fall reached 3378035 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 82762.5% in 2022, then soared by 100 bps to 167.84% in 2023, then soared by 106 bps to 10.83% in 2024, then surged by 105 bps to 22.2% in 2025, then retreated by 8 bps to 20.42% in 2026.
- The last three Gross Margin figures came in at 20.42% (Q2 2026), 22.2% (Q4 2025), and 17.53% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 37.73% |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 30.03% |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 35.88% |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 33.32% |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 39.32% |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 29.65% |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 49.29% |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 29.44% |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -13.21% |
| 10 | Enovix | 1.45 Bn | 1.45 Bn | 1.55 Mn | 20.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | 20.42% |
| Dec 28, 2025 | 22.20% |
| Sep 28, 2025 | 17.53% |
| Jun 29, 2025 | 26.00% |
| Mar 30, 2025 | 5.12% |
| Dec 29, 2024 | 10.83% |
| Sep 29, 2024 | -14.87% |
| Jun 30, 2024 | -17.38% |
| Mar 31, 2024 | -34.14% |
| Dec 31, 2023 | -167.84% |
| Oct 1, 2023 | -8,304.50% |
| Jul 2, 2023 | -33,792.86% |
| Apr 2, 2023 | -58,223.81% |
| Jan 1, 2023 | -244.92% |
| Oct 2, 2022 | -82,762.50% |
| Jul 3, 2022 | -12.51% |