Enovix (ENVX) Gross Profit (2021 - 2026)

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

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

Enovix has reported Gross Profit for 6 years, with the latest figure at $1.6 million in Q2 2026.

  • For the quarter ending Q2 2026, Gross Profit rose 494.64% year-over-year to $1.6 million; the trailing twelve-month figure through Apr 2026 stood at $7.4 million (up 46125.0% YoY), and the FY2025 full-year result was $6.1 million, up 398.53% from the prior year.
  • Gross Profit for Q2 2026 stood at $1.6 million, down from $2.5 million in the prior quarter.
  • The five-year high for Gross Profit was $2.5 million in Q4 2025, with the low at -$16.6 million in Q4 2023.
  • Historically, Gross Profit has averaged -$4.3 million across 5 years, with a median of -$642000.0 in 2024.
  • Annual changes were most pronounced in 2022 — Gross Profit sank 6266.35% — and 2026, when it jumped 494.64%.
  • Enovix's Gross Profit stood at -$6.6 million in 2022, then plunged by 87.1% to -$12.4 million in 2023, then surged by 108.49% to $1.1 million in 2024, then surged by 137.74% to $2.5 million in 2025, then slumped by 37.94% to $1.6 million in 2026.
  • The last three Gross Profit figures came in at $1.6 million (Q2 2026), $2.5 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novonix 479.97 Bn 479.92 Bn -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn
10 Enovix 1.46 Bn 1.46 Bn 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