Enovix (ENVX) Return on Assets [ROA] (2021 - 2026)
Enovix's Return on Assets [ROA] was -20.83% in Q2 2026, up 5.59 percentage points from -26.42% a year earlier but down 0.83 percentage points from the prior quarter.
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Analysis
Enovix (ENVX) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Enovix came in at -22.27%, up 18.50 percentage points from FY2024.
- Return on Assets [ROA] shows a three-year change of -11.09 percentage points (FY2022 to FY2025).
- In earlier years, Return on Assets [ROA] was -40.78% in FY2024 (+1.84 pp), -42.62% in FY2023 (-31.43 pp) and -11.18% in FY2022.
- Quarterly Return on Assets [ROA] has moved between -54.14% (Q2 2023) and -17.47% (Q4 2025) over five years.
- Compared with a year earlier, Return on Assets [ROA] has increased for five straight quarters, with an average year-over-year change of +10.81 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q3 2025 (a gain of 29.32 percentage points); the worst was Q3 2024 (a drop of 6.74 percentage points).
- Per Business Quant data, ENVX's Return on Assets [ROA] in the three quarters before Q2 2026 was -20.01% (Q1 2026), -17.47% (Q4 2025) and -23.00% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 12.18% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 4.88% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 13.06% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 8.14% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 4.56% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 14.25% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 8.86% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 4.75% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 0.73% |
| 10 | Enovix | 635.67 Mn | 637.71 Mn | 1.30 Mn | -20.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | -20.83% |
| Apr 5, 2026 | -20.01% |
| Dec 28, 2025 | -17.47% |
| Sep 28, 2025 | -23.00% |
| Jun 29, 2025 | -26.42% |
| Mar 30, 2025 | -38.89% |
| Dec 29, 2024 | -45.64% |
| Sep 29, 2024 | -52.32% |
| Jun 30, 2024 | -47.83% |
| Mar 31, 2024 | -34.85% |
| Dec 31, 2023 | -39.50% |
| Oct 1, 2023 | -45.58% |
| Jul 2, 2023 | -54.14% |
| Apr 2, 2023 | -51.73% |
| Jan 1, 2023 | -37.81% |
| Oct 2, 2022 | -21.71% |
| Jul 3, 2022 | -38.22% |
| Apr 3, 2022 | -43.24% |
| Oct 3, 2021 | -60.90% |
| Jun 30, 2021 | -79.81% |
API Access
Enovix Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=ENVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "ENVX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=ENVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();