What is Enovix Corporation's market cap?

Enovix Corporation (ENVX) has a market capitalization of $1.2B and trades on NASDAQ.

What is Enovix Corporation's revenue and profitability?

Enovix Corporation generated $34.3M in trailing twelve-month revenue with a net loss of $171.5M, representing a net margin of -499.6%. Gross margin stands at 21.5%, with free cash flow of -$126.6M. These figures are based on the Q1 2026 filing.

Who are Enovix Corporation's competitors?

Enovix Corporation's key competitors include QuantumScape Corporation, Amprius Technologies, Inc., Expion360 Inc. Common Stock, and others. These companies compete in similar markets and product categories.

Who does Enovix Corporation partner with?

Enovix Corporation's notable partners include SolarEdge Technologies, Inc..

What subsidiaries does Enovix Corporation have?

Enovix Corporation's subsidiaries include Routejade, Inc..

Where is Enovix Corporation headquartered?

Enovix Corporation is headquartered in United States of America and employs approximately 561 people. It has been publicly traded since 2021.

Enovix Corporation

ENVX

Enovix Corporation is a high-performance battery company that designs and manufactures advanced lithium-ion batteries featuring a proprietary 3D silicon-anode architecture.

Market cap

$1.18B-56.5%

Revenue$34.3M+49.9%

Net income-$171.5M+14.0%

Free cash flow-$126.6M+19.8%

EPS (diluted)-$0.83+31.4%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q2 2026 report

May 13, 2026

Revenue$7.6MBeat by $648.2K EPS-$0.14Beat by $0.01

Read the full report

Next report

Jul 30, 2026 (In 2 weeks)

Revenue estimate$8.4M

EPS estimate-$0.14

Financials

Q1 2026

Income statement

See full

Revenue$7.6M+49.1%

Gross profit$1.6M+495%

Operating income-$43.9M-3.1%

Net income-$38.3M-62.7%

EPS (diluted)-$0.18-50.0%

Balance sheet

See full

Cash & equivalents$90.6M-52.7%

Total debt$543.6M+179%

Total equity$240.7M+2.4%

Total assets$833.9M+67.1%

Cash flow

See full

Operating cash flow-$33.1M-95.6%

CapEx$3.2M-48.7%

Free cash flow-$36.3M-56.6%

Valuation & ratios

Valuation

See full

Market cap$1.18B-56.5%

Enterprise value$1.63B-36.3%

P/S34.3×-59.7×

Profitability

See full

Gross margin21.5%—

Operating margin-520.3%-160pp

Net margin-499.6%-149pp

FCF margin-368.9%-117pp

Returns & leverage

See full

Return on equity-72.1%-10.0pp

Debt / equity2.3×+1.4×

Current ratio11×+6.3×

Competitors

By market cap

QuantumScape Corporation $4.3B+8.5%

Amprius Technologies$1.7B+183%

Enovix Corporation$1.2B-52.9%

SLD

Solid Power$540.0M+32.0%

NeoVolta$134.5M+14.6%

Solidion Technology, Inc.$71.4M+522%

CBAK Energy Technology, Inc.$45.6M-56.3%

Expion360 Inc.$4.3M+45.3%

By revenue growth

NeoVolta+325%

Amprius Technologies+173%

CBAK Energy Technology, Inc.+50.5%

Enovix Corporation+49.9%

SLD

Solid Power-6.9%

By net margin

CBAK Energy Technology, Inc.-7.43%-17.1pp

Amprius Technologies-43.98%+89.4pp

NeoVolta-63.42%+33.3pp

SLD

Solid Power-485.47%-37.7pp

Enovix Corporation-499.64%+371pp

Solidion Technology, Inc.-76,679.49%—

Profile

Enovix Corporation is a high-performance battery company that designs and manufactures advanced lithium-ion batteries featuring a proprietary 3D silicon-anode architecture. The company's core value proposition lies in its ability to solve the swelling and cracking issues historically associated with silicon anodes, enabling significantly higher energy density and faster charging for space-constrained electronic devices. Enovix serves high-growth markets including smartphones, smart eyewear, and defense applications through a vertically integrated manufacturing footprint in Asia.

Competitive position

Enovix is a pioneer in 3D battery architecture, positioning itself as a high-performance alternative to traditional 'Jelly Roll' lithium-ion manufacturers by enabling 100% active silicon anodes.

GeographiesUnited States, Malaysia, South Korea, India

Customer segmentsConsumer Electronics, Defense and Aerospace, Medical Devices, Industrial IoT

Business modelDirect-to-OEM manufacturing, Hardware engineering, IP licensing

SuppliersLithium suppliers, Silicon and graphite providers, Nickel, cobalt, and copper miners, Precision automated equipment suppliers

CustomersMobile original equipment manufacturers (OEMs), Original design manufacturers (ODMs), Defense agencies, Wearable technology brands

CountryUnited States of America

Listed2021

Employees561.0

CEORaj Talluri

SectorIndustrials

IndustryElectrical Equipment & Parts

Websiteenovix.com

FilingsSEC EDGAR

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Questions, answered.

What is Enovix Corporation's market cap?: Enovix Corporation (ENVX) has a market capitalization of $1.2B and trades on NASDAQ.
What is Enovix Corporation's revenue and profitability?: Enovix Corporation generated $34.3M in trailing twelve-month revenue with a net loss of $171.5M, representing a net margin of -499.6%. Gross margin stands at 21.5%, with free cash flow of -$126.6M. These figures are based on the Q1 2026 filing.
Who are Enovix Corporation's competitors?: Enovix Corporation's key competitors include QuantumScape Corporation, Amprius Technologies, Inc., Expion360 Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Enovix Corporation partner with?: Enovix Corporation's notable partners include SolarEdge Technologies, Inc..
What subsidiaries does Enovix Corporation have?: Enovix Corporation's subsidiaries include Routejade, Inc..
Where is Enovix Corporation headquartered?: Enovix Corporation is headquartered in United States of America and employs approximately 561 people. It has been publicly traded since 2021.