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| Date | Value |
|---|---|
| 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 |