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

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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%
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 other — operating lease, right-of-use assets?
Enovix Corporation (ENVX) reported other — operating lease, right-of-use assets of $1.16M in Q4 2025.
What does other — operating lease, right-of-use assets mean?
This metric represents the capitalized value of right-of-use assets arising from operating lease agreements specifically allocated to the 'Other' business segment. It reflects the company's commitment to leased infrastructure, such as facilities or equipment, necessary for supporting non-core operations. Changes in this balance indicate shifts in the company's leasing strategy and long-term operational footprint for these specific activities.