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Enovix Corporation ENVX Total Cost of 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$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:CostOfRevenue.

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 itemFiscal Quarters Ended / April 5,2026Fiscal Quarters Ended / March 30,2025
Revenue$7,600$5,098
Cost of revenue6,0484,837
Gross profit1,552261
Operating expenses:
Research and development26,52825,929
Selling, general and administrative18,91916,892
Total operating expenses45,44742,821
Loss from operations(43,895)(42,560)

Item 1. Financial Statements (unaudited)

FAQ

What is Enovix Corporation's total cost of revenue?
Enovix Corporation (ENVX) reported total cost of revenue of $6.05M in Q1 2026.
How has Enovix Corporation's total cost of revenue changed year-over-year?
Enovix Corporation's total cost of revenue increased by 25.0% year-over-year, from $4.84M to $6.05M.
What is the long-term trend for Enovix Corporation's total cost of revenue?
Over 4 years (2021 to 2025), Enovix Corporation's total cost of revenue has grown at a 90.2% compound annual growth rate (CAGR), from $1.97M to $25.72M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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