Enovix (ENVX) Income from Continuing Operations (2020 - 2026)
Enovix's (ENVX) quarterly Income from Continuing Operations came in at -$43.1 million in Q3 2026, up 2.69% on a YoY basis from -$42.0 million in Q3 2025, and down 12.6% quarter-over-quarter from -$38.3 million in Q2 2026.
Analysis
Enovix (ENVX) Income from Continuing Operations (2020 - 2026) Analysis & Trends
Enovix (ENVX) has reported Income from Continuing Operations for 7 consecutive years, with -$43.1 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Income from Continuing Operations rose 2.69% year-over-year to -$43.1 million; the trailing twelve-month figure through Jul 2026 stood at -$170.1 million (down 33.04% YoY), and the FY2025 full-year result was -$156.6 million, up 29.63% from the prior year.
- Income from Continuing Operations declined to -$43.1 million in Q3 2026 per ENVX's latest filing, from -$38.3 million in the prior quarter.
- Across five years, Income from Continuing Operations topped out at -$16.2 million in Q4 2023 and bottomed at -$115.9 million in Q2 2024.
- Historically, Income from Continuing Operations has averaged -$47.0 million across 5 years, with a median of -$40.7 million in 2026.
- The sharpest annual moves came in 2022 and 2023: Income from Continuing Operations soared 76.81% in 2022, then plunged 193.06% in 2023.
- Over 5 years, Income from Continuing Operations stood at -$31.9 million in 2022, then sank by 88.01% to -$60.0 million in 2023, then soared by 37.62% to -$37.5 million in 2024, then advanced by 6.44% to -$35.0 million in 2025, then declined by 22.93% to -$43.1 million in 2026.
- According to Business Quant data, Income from Continuing Operations over the past three periods registered -$43.1 million, -$38.3 million, and -$35.0 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.60 Bn | 6.08 Bn | 313.36 Mn | 116.45 Mn |
| 2 | QuantumScape | 3.38 Bn | 3.38 Bn | - | -98.24 Mn |
| 3 | Fluence Energy | 1.91 Bn | 1.40 Bn | 33.24 Mn | -44.30 Mn |
| 4 | Eos Energy Enterprises | 1.32 Bn | 972.43 Mn | -48.80 Mn | -275.71 Mn |
| 5 | Enovix | 727.73 Mn | 729.77 Mn | 1.30 Mn | -43.08 Mn |
| 6 | Energy Vault Holdings | 690.97 Mn | 609.42 Mn | 5.38 Mn | -29.74 Mn |
| 7 | Amprius Technologies | 467.46 Mn | 392.94 Mn | 9.28 Mn | -4.30 Mn |
| 8 | Electrovaya | 290.55 Mn | 277.47 Mn | 6.19 Mn | 305,000.00 |
| 9 | Microvast Holdings | 265.33 Mn | 122.20 Mn | 25.78 Mn | -11.99 Mn |
| 10 | Ses Ai | 166.91 Mn | 166.91 Mn | 1.15 Mn | -17.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | -43.08 Mn |
| Apr 5, 2026 | -38.26 Mn |
| Dec 28, 2025 | -35.04 Mn |
| Sep 28, 2025 | -53.77 Mn |
| Jun 29, 2025 | -44.27 Mn |
| Mar 30, 2025 | -23.53 Mn |
| Dec 29, 2024 | -37.45 Mn |
| Sep 29, 2024 | -22.64 Mn |
| Jun 30, 2024 | -115.95 Mn |
| Mar 31, 2024 | -46.50 Mn |
| Dec 31, 2023 | -60.04 Mn |
| Oct 1, 2023 | -16.19 Mn |
| Jul 2, 2023 | -64.31 Mn |
| Apr 2, 2023 | -73.60 Mn |
| Jan 1, 2023 | -87.22 Mn |
| Oct 2, 2022 | -31.93 Mn |
| Jul 3, 2022 | -27.40 Mn |
| Apr 3, 2022 | -25.12 Mn |
| Oct 3, 2021 | -19.20 Mn |
| Jun 30, 2021 | -118.14 Mn |