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ENVX
(NASDAQ)
Enovix Corporation
$5.06-- (--)
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Enovix (ENVX) Income Statement

Revenue, expenses, profit margins, and earnings with annual and quarterly data.

Enovix Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Enovix Corporation income statement - Annual data in millions USD
BreakdownFY 2025FY 2024FY 2023FY 2022FY 2022FY 2021FY 2021FY 2020FY 2019
Period EndingDec 2025Dec 2024Dec 2023Jan 2023Dec 2022Jan 2022Dec 2021Dec 2020Dec 2019
Revenue & Gross Profit
Revenue31.8223.077.646.206.200.000.000.000.00
Cost of Revenue25.7225.1263.0623.2423.241.971.973.380.16
Gross Profit6.11-2.05-55.42-17.04-17.04-1.97-1.97-3.38-0.16
Operating Expenses
Research & Development110.33124.5188.3958.0558.0537.8537.8514.4412.15
Selling, General & Administrative73.0374.3179.0151.9751.9729.7129.715.714.20
Operating Expenses183.36198.82174.84110.02114.9467.5667.5620.1616.35
Operating Income-177.25-200.86-230.26-127.06-131.98-69.52-69.52-23.53-16.51
Other Income/Expense
Interest Income13.0012.3314.075.235.230.040.040.000.02
Interest Expense21.606.794.460.005.23-0.190.19-0.110.00
Other Income/Expense27.93-28.6115.4975.1380.36-56.20-56.20-15.220.32
Income
Income Before Tax-157.92-223.93-214.77-51.62-51.62-125.87-125.87-39.65-16.19
Income Tax Expense-1.31-1.39-0.630.000.000.000.000.000.00
Net Income-156.74-222.24-214.07-51.62-51.62-125.87-125.87-39.65-16.19
Net Income - Continuous Operations-156.61-222.53-214.070.00-51.620.00-125.87-39.65-16.19
Net Income - Discontinued Operations0.000.000.000.000.000.000.000.000.00
EBITDA-101.21-172.18-176.30-124.01-189.35-68.01-124.17-22.95-16.00
EBIT-136.32-217.14-210.31-131.98-51.62-69.52-125.69-23.530.00
Depreciation & Amortization35.1144.9634.017.97-57.371.521.520.580.51
Earnings Per Share
Basic EPS-1.00-1.00-1.00---1.00-1.00--
Diluted EPS-1.00-1.00-1.00-1.00-1.00-1.00-1.00--
Basic Shares Outstanding207.64175.04157.56152.92152.92117.22117.2280.3757.74
Diluted Shares Outstanding207.64175.04158.26154.15154.15117.22117.2280.3757.74

Frequently Asked Questions About Enovix Financial Statements

What is an income statement?

An income statement shows a company's revenues, expenses, and net income over a specific period. It reveals profitability by starting with revenue and subtracting costs to arrive at net income — the "bottom line" that shows how much the company earned.

What is ENVX's revenue trend?

Review Enovix's quarterly and annual revenue figures in the income statement table above to identify growth trends, seasonal patterns, and year-over-year changes.

What is gross margin?

Gross margin is revenue minus cost of goods sold, expressed as a percentage. It shows how efficiently a company produces its goods or services. Higher gross margins indicate stronger pricing power and lower production costs.

What is operating income?

Operating income (EBIT) is revenue minus operating expenses, excluding interest and taxes. It measures a company's core business profitability before financing costs and tax effects, making it useful for comparing companies with different capital structures.

What is earnings per share (EPS)?

EPS divides net income by outstanding shares, showing the profit attributable to each share. Diluted EPS includes potential shares from stock options and convertible securities, providing a more conservative measure of per-share earnings.