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Enovix Corporation ENVX Q4 2024 Annual earnings

Reported February 19, 2025 · After market close

Revenue estimate$6.2M
EPS estimate-$0.18

Next report

Jul 30, 2026 (In 2 weeks)
Revenue estimate$8.4M
EPS estimate-$0.14

Financials

Q4 2024

Income statement

See full
Revenue$9.7M+31.6%
Operating income-$34.5M+46.7%
Net income-$37.5M+37.5%
EPS (diluted)-$0.18+40.0%

Balance sheet

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Cash & equivalents$274.7M+16.8%
Total debt$195.1M+2.0%
Total equity$246.7M-4.4%
Total assets$527.2M-6.6%

Cash flow

See full
Operating cash flow-$16.0M+41.4%
CapEx$16.4M-43.2%
Free cash flow-$32.3M+42.3%

Valuation & ratios

Valuation

as of 12/29/24
See full
Market cap$2.05B+2.3%
Enterprise value$1.97B+0.6%
P/S88.8×-173×

Profitability

See full
Operating margin-1,051.7%-415pp
Net margin-963.2%-382pp
FCF margin-801%-310pp

Returns & leverage

See full
Return on equity-88%+31.5pp
Debt / equity0.8×0.0×
Current ratio5.5×+0.2×

Segments

By geography

See full
South Korea$3.2M+120%
Other$314.3K

Versus estimates

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Questions, answered.

When did Enovix Corporation report Q4 2024 earnings?
Enovix Corporation (ENVX) reported Q4 2024 earnings on February 19, 2025 after market close.
What were Enovix Corporation's Q4 2024 revenue and EPS?
Enovix Corporation reported revenue of $9.7M and diluted EPS of $-0.11 for Q4 2024.
Did Enovix Corporation beat estimates in Q4 2024?
Revenue beat the consensus estimate of $6.2M by $3.5M. EPS beat the consensus estimate of $-0.18 by $0.07.
Where can I find Enovix Corporation's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001828318-25-000057) directly on SEC EDGAR. The filing index links above go to sec.gov.