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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$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×
Current ratio11×+6.3×

Where this comes from

Reported directly by Enovix Corporation in its filing.

Tagged under the XBRL concept us-gaap:LongTermDebtNoncurrent.

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

Filed
May 13, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001828318-26-000029
Line itemAs of April 5,2026As of December 28,2025
Warrant liability1816,578
Other liabilities5,6685,529
Total current liabilities50,89465,016
Long-term debt, net520,160519,271
Operating lease liabilities, non-current10,90611,244
Deferred revenue, non-current300300
Deferred tax liability8,8899,119
Other liabilities, non-current1414

Item 1. Financial Statements (unaudited)

FAQ

What is Enovix Corporation's long-term debt?
Enovix Corporation (ENVX) reported long-term debt of $520.16M in Q1 2026.
How has Enovix Corporation's long-term debt changed year-over-year?
Enovix Corporation's long-term debt increased by 207.5% year-over-year, from $169.19M to $520.16M.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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