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Enovix Corporation ENVX India — Operating lease, right-of-use assets

Other geography segments

Malaysia
$6.88M
United States
$5.11M

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$90.6M+8.8%

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$1.3B-18.0%
Enterprise value$1.75B+10.5%
P/S37.8×-31.2×

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:OperatingLeaseRightOfUseAsset.

The official record: Enovix Corporation’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Enovix Corporation's india — operating lease, right-of-use assets?
Enovix Corporation (ENVX) reported india — operating lease, right-of-use assets of $18K in Q4 2025.
What does india — operating lease, right-of-use assets mean?
This metric represents the capitalized value of right-of-use assets associated with operating leases specifically attributed to the company's operations in India. It reflects the financial commitment and physical footprint of leased facilities or equipment required to support regional manufacturing, research, or administrative activities. Monitoring this balance provides insight into the scale of the company's long-term infrastructure obligations within this specific geographic market.