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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |