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

Other geography segments

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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 united states — operating lease, right-of-use assets?
Enovix Corporation (ENVX) reported united states — operating lease, right-of-use assets of $4.39M in Q4 2025.
What does united states — operating lease, right-of-use assets mean?
This metric represents the capitalized value of the right to use leased assets, such as office space, warehouses, or manufacturing facilities, located within the United States. It reflects the company's long-term contractual commitments for leased property under current accounting standards. Tracking this balance provides insight into the company's reliance on leased infrastructure versus owned assets for its domestic operations.