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| 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 |