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| Date | Value |
|---|---|
| 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 |