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8.1×+4.3×

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%
CapEx$3.2M-48.7%
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×

Where this comes from

Calculated from Enovix Corporation’s reported figures.

Based on the most recent quarter.

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

Filed
May 13, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001828318-26-000029

FAQ

What is Enovix Corporation's current ratio?
Enovix Corporation (ENVX) reported current ratio of 11× in Q1 2026.
How has Enovix Corporation's current ratio changed year-over-year?
Enovix Corporation's current ratio increased by 134.7% year-over-year, from 4.7× to 11×.
What is the long-term trend for Enovix Corporation's current ratio?
Over 5 years (2020 to 2025), Enovix Corporation's current ratio has grown at a 22.4% compound annual growth rate (CAGR), from 3× to 8.3×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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