Enovix (ENVX) Net Income (2020 - 2026)

Enovix posted quarterly Net Income of -$38.3 million for Q2 2026, down 62.59% year-on-year from -$102.3 million in Q2 2025, and down 9.18% on a QoQ basis from -$35.0 million in Q4 2025.

Enovix (ENVX) has 7 years of Net Income data on file, last reported at -$38.3 million in Q2 2026.

  • For the quarter ending Q2 2026, Net Income fell 62.59% year-over-year to -$38.3 million; the trailing twelve-month figure through Apr 2026 stood at -$171.3 million (up 14.15% YoY), and the FY2025 full-year result was -$156.6 million, up 29.63% from the prior year.
  • Net Income for Q2 2026 stood at -$38.3 million, down from -$35.0 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.
  • The 5-year median for Net Income is -$38.3 million (2026), against an average of -$47.2 million.
  • The widest annual swing landed in 2022, when Net Income surged 76.81%; it then sank 193.06% in 2023.
  • A 5-year view of Net Income shows it stood at -$31.9 million in 2022, then slumped by 88.01% to -$60.0 million in 2023, then surged by 37.62% to -$37.5 million in 2024, then gained by 6.44% to -$35.0 million in 2025, then dropped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 390.10 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 73.70 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 2.00 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 183.00 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn -500,000.00
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 45.89 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 96.80 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 77.30 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -246.04 Mn
10 Enovix 1.45 Bn 1.45 Bn 1.55 Mn -38.26 Mn

Historic Data

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DateValue
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
Mar 31, 2021 -51.35 Mn
Dec 31, 2020 -7.94 Mn
Sep 30, 2020 -6.45 Mn