Enovix Corp
About Enovix Corp
Enovix Corp is engaged in designing, developing, manufacturing, and commercializing Lithium-ion, or Li-ion, battery cells. It uses BreakFlow and Encapsulation technologies to manufacture high capacity and resilient batteries. The company's product portfolio comprises power disc batteries, flexible lithium-ion polymer batteries, superior lithium-ion polymer batteries, active silicon lithium-ion cells, and others. Geographically, the company generates maximum revenue from its customers in South Korea, followed by Switzerland, the United States, Norway, Taiwan, and other regions.
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Financial summary
- Revenue FY2025
- $31.8M
- Net income
- -$156.7M
- Total assets
- $879.0M
- Market cap
- $1.6B
- Gross margin
- 19.2%
- Operating margin
- -557.0%
- Net margin
- -492.1%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $31.8M
- Cost of revenue
- $25.7M
- Gross profit
- $6.1M
- Operating expenses
- $183.4M
- Operating income
- -$177.3M
- Income tax
- -$1.3M
- Net income
- -$156.6M
- EPS (basic)
- $-0.75
- EPS (diluted)
- $-0.75
Balance sheet
- Total assets
- $879.0M
- Current assets
- $542.2M
- Total liabilities
- $605.0M
- Current liabilities
- $65.0M
- Shareholders’ equity
- $274.0M
Cash flow
- Operating cash flow
- -$95.3M
- Investing cash flow
- -$538.3M
- Financing cash flow
- $467.4M
- Net cash flow
- -$166.7M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $1.6B
- EPS (diluted)
- $-0.75
- Shares outstanding
- 252.9M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jul 15, 2021
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $156.7M in FY2025.
- Revenue grew 17117% from FY2022 to FY2025.
- Gross margin of 19.2%, net margin -492.1%.
- Trading 61% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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