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Enovix Corporation ENVX Q1 2026 earnings

Reported May 13, 2026 · After market close

Revenue$7.6MBeat by $648.2K
EPS-$0.14Beat by $0.01
Revenue estimate$7.0M
EPS estimate-$0.15

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$9.5M
EPS estimate-$0.15

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

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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

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Operating cash flow-$33.1M-95.6%
CapEx$3.2M-48.7%
Free cash flow-$36.3M-56.6%

Valuation & ratios

Valuation

as of 04/05/26
See full
Market cap$1.13B-19.9%
Enterprise value$1.58B+12.2%
P/S32.8×-28.5×

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×

FAQ

When did Enovix Corporation report Q1 2026 earnings?
Enovix Corporation (ENVX) reported Q1 2026 earnings on May 13, 2026 after market close.
What were Enovix Corporation's Q1 2026 revenue and EPS?
Enovix Corporation reported revenue of $7.6M and eps of $-0.14 for Q1 2026.
Did Enovix Corporation beat estimates in Q1 2026?
Revenue beat the consensus estimate of $7.0M by $648.2K. EPS beat the consensus estimate of $-0.15 by $0.01.
Where can I find Enovix Corporation's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001828318-26-000027) and the 10-Q periodic report (0001828318-26-000029) directly on SEC EDGAR. The filing index links above go to sec.gov.