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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›ENVX›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Enovix Corp (ENVX) financials

Income statement

Enovix Corp (ENVX) income statement, annual, from SEC filings
Fiscal yearFY2020FY2022FY2023FY2024FY2025
Revenue$0.00$0.00$7.64M$23.1M$31.8M
Revenue growth———201.9%37.9%
Gross profit-$3.38M-$1.97M-$55.4M-$2.04M$6.11M
Gross margin——-725.0%-8.9%19.2%
Operating income-$23.5M-$69.5M-$230M-$243M-$177M
Operating margin——-3012.2%-1051.7%-557.0%
Net income-$39.6M-$126M-$214M-$222M-$157M
Net margin——-2800.5%-963.2%-492.6%
EPS (diluted)-$0.49-$1.07-$1.30-$1.19-$0.75

Cash flow

Enovix Corp (ENVX) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2022FY2023FY2024FY2025
Operating cash flow-$20.1M-$51.3M-$105M-$109M-$95.3M
Capital expenditures$27.0M$43.6M$61.8M$76.2M$18.2M
Free cash flow-$47.0M-$94.9M-$166M-$185M-$114M
Share buybacks$0.00$27.0K$0.00$0.00$58.4M

Balance sheet

Enovix Corp (ENVX) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2022FY2023FY2024FY2025
Cash & equivalents$29.1M$385M$233M$273M$106M
Total assets$65.0M$483M$564M$527M$879M
Total liabilities$28.7M$156M$303M$278M$605M
Long-term debt——$169M$170M$519M
Shareholders' equity$36.2M$326M$258M$247M$271M
Retained earnings-$207M-$333M-$599M-$821M-$978M
Shares (wtd avg diluted)80.4M117M170M186M208M

Every figure is extracted from Enovix Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Enovix Corp's annual revenue?
Enovix Corp (ENVX) reported $31.8M of revenue for fiscal year 2025 — up 37.9% from $23.1M in FY2024, per its annual report filed with the SEC.
Is Enovix Corp profitable?
Not in FY2025 — ENVX reported a net loss of $157M, per SEC filings.
What is Enovix Corp's free cash flow?
-$114M in FY2025 (operating cash flow -$95.3M minus $18.2M of capital expenditures), from the SEC cash-flow statement.
Does ENVX pay a dividend?
Enovix Corp reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full ENVX analysis — verdict, score & filings →Is ENVX a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.