Enovix (ENVX) Operating Expenses (2020 - 2026)

For the trailing twelve months through Jul 5, 2026, Operating Expenses at Enovix was $184.91 million, up 7.1% year-over-year; for FY2025, it came in at $183.36 million, down 23.8% from FY2024.

• Annual Operating Expenses shows a five-year compound annual growth rate of 55.5% (FY2020 to FY2025).
• In prior years, Enovix's Operating Expenses was $240.62 million in FY2024 (+37.6%), $174.84 million in FY2023 (+52.1%) and $114.94 million in FY2022.
• The Q2 2026 figure stands as the lowest quarterly Operating Expenses since Q1 2025.
• On a year-over-year basis, Operating Expenses increased in three of the last eight quarters, with an average decline of 5.0%.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2024, with growth of 134.0%; the weakest was Q2 2025, with a decline of 48.2%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $45.45 million (Q1 2026), $46.49 million (Q4 2025) and $48.37 million (Q3 2025).