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Enovix Corporation ENVX Product — Revenue

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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$1.32B-42.2%
Enterprise value$1.78B-21.9%
P/S38.6×-47.5×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Enovix Corporation’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Enovix Corporation's product — revenue?
Enovix Corporation (ENVX) reported product — revenue of $7.6M in Q1 2026.
How has Enovix Corporation's product — revenue changed year-over-year?
Enovix Corporation's product — revenue increased by 49.0% year-over-year, from $5.1M to $7.6M.
What is the long-term trend for Enovix Corporation's product — revenue?
Over 3 years (2022 to 2025), Enovix Corporation's product — revenue has grown at a 790.7% compound annual growth rate (CAGR), from $45K to $31.8M.
What does product — revenue mean?
This metric represents the total gross income generated from the sale of advanced silicon-anode lithium-ion battery products. It serves as a primary indicator of market adoption and the commercial scaling progress of the company's proprietary 3D cell technology. Growth in this figure reflects the successful transition from development phases to volume manufacturing and market penetration.