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
Download Data| Date | Value |
|---|---|
| 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 |