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Other financials

Income statement

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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%
Free cash flow-$36.3M-56.6%

Valuation

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Market cap$929.33M-57.9%
Enterprise value$1.38B-39.0%
P/S27.1×-55.9×

Profitability

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Gross margin21.5%
Operating margin-520.3%-160pp
Net margin-499.6%-149pp
FCF margin-368.9%-117pp

Returns & leverage

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Return on equity-72.1%-10.0pp
Debt / equity2.3×+1.4×
Current ratio11×+6.3×

Where this comes from

Reported directly by Enovix Corporation in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Enovix Corporation’s 10-Q, filed May 14, 2026.

Filed
May 13, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001828318-26-000029
Line itemFiscal Quarters Ended / April 5,2026Fiscal Quarters Ended / March 30,2025
Other liabilities(804)1,672
Net cash used in operating activities(33,072)(16,907)
Cash flows from investing activities:
Purchase of property and equipment(3,220)(6,272)
Payment for business acquisition(16)
Purchases of investments(103,458)(58,083)
Maturities of investments125,008
Net cash provided by (used in) investing activities18,330(64,371)

Item 1. Financial Statements (unaudited)

FAQ

What is Enovix Corporation's capex?
Enovix Corporation (ENVX) reported capex of $3.22M in Q1 2026.
How has Enovix Corporation's capex changed year-over-year?
Enovix Corporation's capex decreased by 48.7% year-over-year, from $6.27M to $3.22M.
What is the long-term trend for Enovix Corporation's capex?
Over 4 years (2021 to 2025), Enovix Corporation's capex has grown at a -19.6% compound annual growth rate (CAGR), from $43.58M to $18.22M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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