Enovix (ENVX) Net Income (2020 - 2026)
Enovix's (ENVX) quarterly Net Income 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) Net Income (2020 - 2026) Analysis & Trends
Enovix (ENVX) has reported Net Income for 7 consecutive years, with -$43.1 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Net Income 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.
- Net Income declined to -$43.1 million in Q3 2026 per ENVX's latest filing, from -$38.3 million in the prior quarter.
- Across five years, Net Income topped out at -$16.2 million in Q4 2023 and bottomed at -$115.9 million in Q2 2024.
- Historically, Net Income 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: Net Income soared 76.81% in 2022, then plunged 193.06% in 2023.
- Over 5 years, Net Income 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, Net Income 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) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 116.45 Mn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | -98.24 Mn |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | -275.71 Mn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | -44.30 Mn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | -29.74 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | -43.08 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | -4.30 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | 305,000.00 |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | -11.99 Mn |
| 10 | Ses Ai | 176.50 Mn | 176.50 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 |