What is Enovix Corporation's PP&E (net)?

Enovix Corporation (ENVX) reported PP&E (net) of $164.95M in Q1 2026.

How has Enovix Corporation's PP&E (net) changed year-over-year?

Enovix Corporation's PP&E (net) decreased by 0.5% year-over-year, from $165.78M to $164.95M.

What is the long-term trend for Enovix Corporation's PP&E (net)?

Over 5 years (2020 to 2025), Enovix Corporation's PP&E (net) has grown at a 40.3% compound annual growth rate (CAGR), from $31.29M to $170.26M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Enovix Corporation ENVX PP&E (Net)

PP&E (Net) at other companies

QuantumScape Corporation QS

$240.21M-17.0%

Amprius TechnologiesAMPX

$10.75M-40.1%

Eos Energy Enterprises, Inc.EOSE

$145.77M+232%

Advanced Energy IndustriesAEIS

$304.3M+57.0%

WolfspeedWOLF

$717.1M-81.7%

EnerSysENS

$593M+0.1%

Segments

By geography

See full

Malaysia$124.67M—

South Korea$25.83M—

United States$16.06M—

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

See full

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

See full

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

See full

Gross margin21.5%—

Operating margin-520.3%-160pp

Net margin-499.6%-149pp

FCF margin-368.9%-117pp

Returns & leverage

See full

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Enovix Corporation (ENVX) reported PP&E (net) of $164.95M in Q1 2026.
How has Enovix Corporation's PP&E (net) changed year-over-year?: Enovix Corporation's PP&E (net) decreased by 0.5% year-over-year, from $165.78M to $164.95M.
What is the long-term trend for Enovix Corporation's PP&E (net)?: Over 5 years (2020 to 2025), Enovix Corporation's PP&E (net) has grown at a 40.3% compound annual growth rate (CAGR), from $31.29M to $170.26M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.