Enovix (ENVX) Profit After Tax (2020 - 2026)

Enovix (ENVX) posted Profit After Tax of -$38.3 million for Q2 2026, down 9.77% on a QoQ basis from -$34.9 million in Q4 2025, and down 62.74% year-over-year from -$102.7 million in Q2 2025.

Enovix (ENVX) Profit After Tax (2020 - 2026) Analysis & Trends

Enovix's Profit After Tax history runs 7 years deep, the most recent figure standing at -$38.3 million for Q2 2026.

  • Quarterly Profit After Tax fell 62.74% year-over-year to -$38.3 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$171.1 million (up 14.21% YoY) and the FY2025 annual result came in at -$156.6 million, up 29.63% from the prior year.
  • Profit After Tax was -$38.3 million for Q2 2026 at Enovix, down from -$34.9 million in the prior quarter.
  • Across five years, Profit After Tax topped out at $42.7 million in Q2 2022 and bottomed at -$115.9 million in Q2 2024.
  • A 5-year average of -$40.1 million and a median of -$38.3 million in 2026 frame the typical range for Profit After Tax.
  • Annual changes were most pronounced in 2022 — Profit After Tax soared 364.19% — and 2023, when it slumped 5565.73%.
  • Enovix's Profit After Tax stood at -$82.0 million in 2022, then grew by 26.87% to -$60.0 million in 2023, then jumped by 37.56% to -$37.5 million in 2024, then grew by 6.93% to -$34.9 million in 2025, then slipped by 9.77% to -$38.3 million in 2026.
  • Business Quant data shows ENVX's Profit After Tax at -$38.3 million in Q2 2026, -$34.9 million in Q4 2025, and -$53.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 1.02 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 73.69 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 181.80 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 145.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 67.30 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 130.10 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 45.89 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 77.30 Mn
10 Enovix 943.39 Mn 945.45 Mn 1.55 Mn -38.26 Mn

Historic Data

Download Data
DateValue
Apr 5, 2026 -38.26 Mn
Dec 28, 2025 -34.86 Mn
Sep 28, 2025 -53.71 Mn
Jun 29, 2025 -44.27 Mn
Mar 30, 2025 -23.51 Mn
Dec 29, 2024 -37.45 Mn
Sep 29, 2024 -22.54 Mn
Jun 30, 2024 -115.95 Mn
Mar 31, 2024 -46.50 Mn
Dec 31, 2023 -59.98 Mn
Oct 1, 2023 -16.19 Mn
Jul 2, 2023 -64.31 Mn
Apr 2, 2023 -73.60 Mn
Jan 1, 2023 -10.32 Mn
Oct 2, 2022 -82.01 Mn
Jul 3, 2022 -1.14 Mn
Apr 3, 2022 42.71 Mn
Oct 3, 2021 -10.84 Mn
Jun 30, 2021 -14.30 Mn
Mar 31, 2021 -16.17 Mn