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

Enovix (ENVX) reported Profit After Tax of -$38.3 million for Q2 2026, down 62.59% on a YoY basis from -$102.3 million in Q2 2025, and down 8.77% quarter-over-quarter from -$35.2 million in Q4 2025.

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

Enovix has reported Profit After Tax for 7 years, with the latest figure at -$38.3 million in Q2 2026.

  • For the quarter ending Q2 2026, Profit After Tax fell 62.59% year-over-year to -$38.3 million; the trailing twelve-month figure through Apr 2026 stood at -$171.5 million (up 13.91% YoY), and the FY2025 full-year result was -$156.7 million, up 29.47% from the prior year.
  • Profit After Tax for Q2 2026 stood at -$38.3 million, down from -$35.2 million in the prior quarter.
  • The five-year high for Profit After Tax was $42.7 million in Q2 2022, with the low at -$115.9 million in Q2 2024.
  • Historically, Profit After Tax has averaged -$40.1 million across 5 years, with a median of -$38.3 million in 2026.
  • Annual changes were most pronounced in 2022 — Profit After Tax soared 364.19% — and 2023, when it tumbled 5565.73%.
  • Enovix's Profit After Tax stood at -$82.0 million in 2022, then advanced by 26.87% to -$60.0 million in 2023, then soared by 38.04% to -$37.2 million in 2024, then advanced by 5.34% to -$35.2 million in 2025, then retreated by 8.77% to -$38.3 million in 2026.
  • The last three Profit After Tax figures came in at -$38.3 million (Q2 2026), -$35.2 million (Q4 2025), and -$53.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 73.69 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 140.40 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 181.80 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 66.80 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 45.89 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 17.50 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 96.80 Mn
10 Enovix 1.46 Bn 1.46 Bn 1.55 Mn -38.26 Mn

Historic Data

Download Data
DateValue
Apr 5, 2026 -38.26 Mn
Dec 28, 2025 -35.18 Mn
Sep 28, 2025 -53.77 Mn
Jun 29, 2025 -44.27 Mn
Mar 30, 2025 -23.53 Mn
Dec 29, 2024 -37.16 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