Enovix ENVX
NASDAQ ENVX
$3.16 -0.31 (-8.93%)
At close: Sep 9, 2026 · 4:00 PM EDT

Enovix (ENVX) Gross Profit (2021 - 2026)

Enovix's (ENVX) quarterly Gross Profit came in at $1.3 million in Q3 2026, down 32.96% on a YoY basis from $1.9 million in Q3 2025, and down 16.11% quarter-over-quarter from $1.6 million in Q2 2026.

Analysis

Enovix (ENVX) Gross Profit (2021 - 2026) Analysis & Trends

Enovix (ENVX) has reported Gross Profit for 6 consecutive years, with $1.3 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Gross Profit fell 32.96% year-over-year to $1.3 million; the trailing twelve-month figure through Jul 2026 stood at $6.8 million (up 158.55% YoY), and the FY2025 full-year result was $6.1 million, up 398.53% from the prior year.
  • Gross Profit slipped to $1.3 million in Q3 2026 per ENVX's latest filing, from $1.6 million in the prior quarter.
  • Across five years, Gross Profit topped out at $2.5 million in Q4 2025 and bottomed at -$16.6 million in Q4 2023.
  • Historically, Gross Profit has averaged -$4.0 million across 5 years, with a median of -$640000.0 in 2022.
  • The sharpest annual moves came in 2022 and 2026: Gross Profit slumped 6266.35% in 2022, then surged 494.64% in 2026.
  • Over 5 years, Gross Profit stood at -$6.6 million in 2022, then slumped by 87.1% to -$12.4 million in 2023, then jumped by 108.49% to $1.1 million in 2024, then jumped by 137.74% to $2.5 million in 2025, then slumped by 47.94% to $1.3 million in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered $1.3 million, $1.6 million, and $2.5 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 EnerSys 6.53 Bn 6.00 Bn 313.36 Mn
2 QuantumScape 3.23 Bn 3.23 Bn -
3 Eos Energy Enterprises 1.43 Bn 1.08 Bn -48.80 Mn
4 Fluence Energy 1.40 Bn 839.06 Mn 33.24 Mn
5 Energy Vault Holdings 764.95 Mn 657.60 Mn 5.38 Mn
6 Enovix 695.93 Mn 695.93 Mn 1.30 Mn
7 Amprius Technologies 466.27 Mn 391.76 Mn 9.28 Mn
8 Electrovaya 265.14 Mn 252.06 Mn 6.19 Mn
9 Microvast Holdings 218.97 Mn 75.84 Mn 25.78 Mn
10 Ses Ai 173.54 Mn 173.54 Mn 1.15 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 5, 2026 1.30 Mn
Apr 5, 2026 1.55 Mn
Dec 28, 2025 2.50 Mn
Sep 28, 2025 1.40 Mn
Jun 29, 2025 1.94 Mn
Mar 30, 2025 261,000.00
Dec 29, 2024 1.05 Mn
Sep 29, 2024 -642,000.00
Jun 30, 2024 -655,000.00
Mar 31, 2024 -1.80 Mn
Dec 31, 2023 -12.39 Mn
Oct 1, 2023 -16.61 Mn
Jul 2, 2023 -14.19 Mn
Apr 2, 2023 -12.23 Mn
Jan 1, 2023 -15.19 Mn
Oct 2, 2022 -6.62 Mn
Jul 3, 2022 -638,000.00
Apr 3, 2022 -515,000.00
Oct 3, 2021 -104,000.00
Jun 30, 2021 -112,000.00