Enovix (ENVX) Operating Margin (2022 - 2026)

Enovix (ENVX) reported Operating Margin of 577.57% for Q2 2026, up 25727.0% on a YoY basis from N/an in Q2 2025, and down 47.91% quarter-over-quarter from 390.48% in Q4 2025.

Enovix (ENVX) Operating Margin (2022 - 2026) Analysis & Trends

Enovix has reported Operating Margin for 5 years, with the latest figure at 577.57% in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin rose 25727.0% year-over-year to 577.57%; the trailing twelve-month figure through Apr 2026 stood at 520.32% (up 41895.0% YoY), and the FY2025 full-year result was 557.03%, up 49466.0% from the prior year.
  • Operating Margin for Q2 2026 stood at 577.57%, down from 390.48% in the prior quarter.
  • The five-year high for Operating Margin was 355.21% in Q4 2024, with the low at 420987.5% in Q4 2022.
  • Historically, Operating Margin has averaged 55112.62% across 5 years, with a median of 1009.43% in 2023.
  • The largest YoY upside for Operating Margin was 39579600 bps in 2023 against a maximum downside of 12289096 bps in 2023.
  • Enovix's Operating Margin stood at 420987.5% in 2022, then soared by 100 bps to 877.62% in 2023, then soared by 60 bps to 355.21% in 2024, then slipped by 10 bps to 390.48% in 2025, then slumped by 48 bps to 577.57% in 2026.
  • The last three Operating Margin figures came in at 577.57% (Q2 2026), 390.48% (Q4 2025), and 587.9% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 16.61%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 9.61%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 15.76%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 17.39%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 13.37%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 19.41%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -33.48%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 12.60%
10 Enovix 1.46 Bn 1.46 Bn 1.55 Mn -577.57%

Historic Data

Download Data
DateValue
Apr 5, 2026 -577.57%
Dec 28, 2025 -390.48%
Sep 28, 2025 -587.90%
Jun 29, 2025 -585.61%
Mar 30, 2025 -834.84%
Dec 29, 2024 -355.21%
Sep 29, 2024 -1,141.23%
Jun 30, 2024 -2,355.36%
Mar 31, 2024 -1,330.35%
Dec 31, 2023 -877.62%
Oct 1, 2023 -25,191.50%
Jul 2, 2023 -123,440.48%
Apr 2, 2023 -301,190.48%
Jan 1, 2023 -1,406.30%
Oct 2, 2022 -420,987.50%
Jul 3, 2022 -549.52%