Enovix (ENVX) Research & Development (2020 - 2026)

Enovix's Research & Development history runs 7 years deep, the most recent figure standing at $26.5 million for Q2 2026.

• Quarterly Research & Development rose 2.31% year-over-year to $26.5 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $110.9 million (up 9.13% YoY) and the FY2025 annual result came in at $110.3 million, down 11.38% from the prior year.
• Research & Development was $26.5 million for Q2 2026 at Enovix, down from $28.1 million in the prior quarter.
• Across five years, Research & Development topped out at $48.8 million in Q1 2024 and bottomed at $12.7 million in Q2 2022.
• A 5-year average of $25.0 million and a median of $25.9 million in 2025 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2022 — Research & Development jumped 127.79% — and 2025, when it slumped 46.85%.
• Enovix's Research & Development stood at $13.9 million in 2022, then soared by 147.94% to $34.6 million in 2023, then sank by 35.13% to $22.4 million in 2024, then grew by 25.15% to $28.1 million in 2025, then retreated by 5.51% to $26.5 million in 2026.
• Business Quant data shows ENVX's Research & Development at $26.5 million in Q2 2026, $28.1 million in Q4 2025, and $28.2 million in Q3 2025.