Enovix (ENVX) Gross Profit (2021 - 2026)

Enovix (ENVX) posted Gross Profit of $1.6 million for Q2 2026, down 37.94% on a QoQ basis from $2.5 million in Q4 2025, and up 494.64% year-over-year from $261000.0 in Q2 2025.

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

Enovix's Gross Profit history runs 6 years deep, the most recent figure standing at $1.6 million for Q2 2026.

  • Quarterly Gross Profit rose 494.64% year-over-year to $1.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $7.4 million (up 46125.0% YoY) and the FY2025 annual result came in at $6.1 million, up 398.53% from the prior year.
  • Gross Profit was $1.6 million for Q2 2026 at Enovix, down from $2.5 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.
  • A 5-year average of -$4.3 million and a median of -$642000.0 in 2024 frame the typical range for Gross Profit.
  • Annual changes were most pronounced in 2022 — Gross Profit plunged 6266.35% — and 2026, when it jumped 494.64%.
  • Enovix's 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 plunged by 37.94% to $1.6 million in 2026.
  • Business Quant data shows ENVX's Gross Profit at $1.6 million in Q2 2026, $2.5 million in Q4 2025, and $1.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Enovix 943.39 Mn 945.45 Mn 1.55 Mn

Historic Data

Download Data
DateValue
Apr 5, 2026 1.55 Mn
Apr 5, 2026 1.55 Mn
Dec 28, 2025 2.50 Mn
Dec 28, 2025 2.50 Mn
Sep 28, 2025 1.40 Mn
Sep 28, 2025 1.40 Mn
Jun 29, 2025 1.94 Mn
Jun 29, 2025 1.94 Mn
Mar 30, 2025 261,000.00
Mar 30, 2025 261,000.00
Dec 29, 2024 1.05 Mn
Dec 29, 2024 1.05 Mn
Sep 29, 2024 -642,000.00
Sep 29, 2024 -642,000.00
Jun 30, 2024 -655,000.00
Jun 30, 2024 -655,000.00
Mar 31, 2024 -1.80 Mn
Mar 31, 2024 -1.80 Mn
Dec 31, 2023 -12.39 Mn
Dec 31, 2023 -12.39 Mn