Enovix (ENVX) Operating Income (2020 - 2026)

Enovix posted quarterly Operating Income of -$43.9 million for Q2 2026, down 3.14% year-on-year from -$45.3 million in Q2 2025, and little changed on a QoQ basis from -$44.0 million in Q4 2025.

Enovix (ENVX) has 7 years of Operating Income data on file, last reported at -$43.9 million in Q2 2026.

  • For the quarter ending Q2 2026, Operating Income fell 3.14% year-over-year to -$43.9 million; the trailing twelve-month figure through Apr 2026 stood at -$178.6 million (up 16.97% YoY), and the FY2025 full-year result was -$177.3 million, up 26.96% from the prior year.
  • Operating Income for Q2 2026 stood at -$43.9 million, roughly flat from -$44.0 million in the prior quarter.
  • Across five years, Operating Income topped out at -$25.1 million in Q2 2022 and bottomed at -$88.8 million in Q2 2024.
  • The 5-year median for Operating Income is -$47.0 million (2025), against an average of -$51.1 million.
  • The widest annual swing landed in 2023, when Operating Income slumped 151.84%; it then jumped 50.72% in 2025.
  • A 5-year view of Operating Income shows it stood at -$33.7 million in 2022, then slumped by 92.34% to -$64.8 million in 2023, then jumped by 46.72% to -$34.5 million in 2024, then dropped by 27.44% to -$44.0 million in 2025, then gained by 0.21% to -$43.9 million in 2026.
  • The last three Operating Income figures came in at -$43.9 million (Q2 2026), -$44.0 million (Q4 2025), and -$47.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 440.10 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 72.20 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 195.70 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 263.80 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 68.30 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 57.58 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 133.00 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 123.70 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -109.49 Mn
10 Enovix 1.45 Bn 1.45 Bn 1.55 Mn -43.90 Mn

Historic Data

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DateValue
Apr 5, 2026 -43.90 Mn
Dec 28, 2025 -43.99 Mn
Sep 28, 2025 -46.97 Mn
Jun 29, 2025 -43.73 Mn
Mar 30, 2025 -42.56 Mn
Dec 29, 2024 -34.52 Mn
Sep 29, 2024 -49.27 Mn
Jun 30, 2024 -88.75 Mn
Mar 31, 2024 -70.14 Mn
Dec 31, 2023 -64.78 Mn
Oct 1, 2023 -50.38 Mn
Jul 2, 2023 -51.85 Mn
Apr 2, 2023 -63.25 Mn
Jan 1, 2023 -87.22 Mn
Oct 2, 2022 -33.68 Mn
Jul 3, 2022 -28.03 Mn
Apr 3, 2022 -25.12 Mn
Oct 3, 2021 -19.20 Mn
Jun 30, 2021 -14.18 Mn
Mar 31, 2021 -11.38 Mn
Dec 31, 2020 -7.94 Mn
Sep 30, 2020 -6.45 Mn