Enovix (ENVX) Operating Income (2020 - 2026)
Enovix's (ENVX) quarterly Operating Income came in at -$43.9 million in Q2 2026, down 3.14% YoY from -$45.3 million in Q2 2025, and little changed on a QoQ basis from -$44.0 million in Q4 2025.
Enovix (ENVX) Operating Income (2020 - 2026) Analysis & Trends
Enovix (ENVX) has 7 years of Operating Income data on file, last reported at -$43.9 million in Q2 2026.
- Quarterly Operating Income fell 3.14% year-over-year to -$43.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$178.6 million (up 16.97% YoY) and the FY2025 annual result came in at -$177.3 million, up 26.96% from the prior year.
- Operating Income was little changed at -$43.9 million in Q2 2026, from -$44.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$25.1 million in Q2 2022 to a low of -$88.8 million in Q2 2024.
- A 5-year average of -$51.1 million and a median of -$47.0 million in 2025 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2023 — Operating Income plunged 151.84% — and 2025, when it jumped 50.72%.
- Tracing ENVX's Operating Income over 5 years: stood at -$33.7 million in 2022, then tumbled by 92.34% to -$64.8 million in 2023, then soared by 46.72% to -$34.5 million in 2024, then slipped by 27.44% to -$44.0 million in 2025, then rose 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 637.90 Mn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 182.24 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 300.70 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 348.60 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 95.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 193.30 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 64.08 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 151.41 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 76.00 Mn |
| 10 | Enovix | 716.69 Mn | 716.69 Mn | 1.30 Mn | -43.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | -43.30 Mn |
| 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 |