Enovix (ENVX) Net Income (2020 - 2026)
Enovix's (ENVX) quarterly Net Income came in at -$38.3 million in Q2 2026, down 62.59% YoY from -$102.3 million in Q2 2025, and down 9.18% on a QoQ basis from -$35.0 million in Q4 2025.
Enovix (ENVX) Net Income (2020 - 2026) Analysis & Trends
Enovix (ENVX) has 7 years of Net Income data on file, last reported at -$38.3 million in Q2 2026.
- Quarterly Net Income fell 62.59% year-over-year to -$38.3 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$171.3 million (up 14.15% YoY) and the FY2025 annual result came in at -$156.6 million, up 29.63% from the prior year.
- Net Income slipped to -$38.3 million in Q2 2026, from -$35.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of -$16.2 million in Q4 2023 to a low of -$115.9 million in Q2 2024.
- A 5-year average of -$49.1 million and a median of -$44.3 million in 2025 frame the typical range for Net Income.
- Annual changes were most pronounced in 2022 — Net Income surged 76.81% — and 2025, when it tumbled 137.52%.
- Tracing ENVX's Net Income over 5 years: stood at -$31.9 million in 2022, then tumbled by 88.01% to -$60.0 million in 2023, then jumped by 37.62% to -$37.5 million in 2024, then rose by 6.44% to -$35.0 million in 2025, then slipped by 9.18% to -$38.3 million in 2026.
- The last three Net Income figures came in at -$38.3 million (Q2 2026), -$35.0 million (Q4 2025), and -$53.8 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.60 Bn | 98.49 Bn | 1.23 Bn | 497.80 Mn |
| 2 | Bloom Energy | 59.32 Bn | 56.65 Bn | 355.57 Mn | 198.83 Mn |
| 3 | nVent Electric | 25.32 Bn | 25.06 Bn | 558.00 Mn | 215.90 Mn |
| 4 | Hubbell | 25.29 Bn | 24.90 Bn | 613.00 Mn | 242.20 Mn |
| 5 | Advanced Energy Industries | 11.38 Bn | 9.96 Bn | 236.10 Mn | 54.10 Mn |
| 6 | Acuity Inc. (De) | 10.39 Bn | 9.97 Bn | 606.40 Mn | 141.00 Mn |
| 7 | Powell Industries | 7.25 Bn | 6.62 Bn | 95.30 Mn | 52.16 Mn |
| 8 | EnerSys | 6.97 Bn | 6.44 Bn | 313.36 Mn | 116.45 Mn |
| 9 | Hayward Holdings | 3.19 Bn | 2.71 Bn | 155.05 Mn | 45.62 Mn |
| 10 | Enovix | 738.23 Mn | 738.23 Mn | 1.30 Mn | -43.08 Mn |
Historic Data
Download 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 | -86.14 Mn |
| Oct 2, 2022 | -31.93 Mn |
| Jul 3, 2022 | -27.40 Mn |
| Apr 3, 2022 | -57.48 Mn |
| Oct 3, 2021 | -78.62 Mn |
| Jun 30, 2021 | -118.14 Mn |