Enovix Corp (ENVX) stock

ENVXNasdaqMiscellaneous Electrical Machinery, Equipment & SuppliesFiscal year ends December 28

Financials through Q2 FY2026, quarter ended Jul 5, 2026Last filing: 10-Q on Aug 12, 2026Score 7/3022% below fair value

$1.80−0.72 (-28.66%)

Close on Nov 12, 2026Market cap $396.11MP/E –Yield –

Enovix r&d expenses

Research and development expenses are spending on new products and technology.

Enovix's R&D Expenses for the twelve months ending Jul 5, 2026 was $107.23M, up 6.4% year over year. For fiscal 2025 it was $110.33M, down 11.4% from the year before. The highest annual figure on record is $124.51M in fiscal 2024.

Annual r&d expenses

Period	Period end	Value	Change
FY2025	Dec 28, 2025	$110.33M	-11.4%
FY2024	Dec 29, 2024	$124.51M	+40.9%
FY2023	Dec 31, 2023	$88.39M	+52.3%
FY2022	Jan 1, 2023	$58.05M	+53.4%
FY2021	Jan 2, 2022	$37.85M	+162.1%
FY2020	Dec 31, 2020	$14.44M	–

Quarterly r&d expenses

Change is against the same quarter a year earlier.

Period	Period end	Value	Change
Q2 FY2026	Jul 5, 2026	$24.44M	-13.2%
Q1 FY2026	Apr 5, 2026	$26.53M	+2.3%
Q4 FY2025	Dec 28, 2025	$28.07M	+25.1%
Q3 FY2025	Sep 28, 2025	$28.18M	+16.4%
Q2 FY2025	Jun 29, 2025	$28.15M	-3.2%
Q1 FY2025	Mar 30, 2025	$25.93M	-46.9%
Q4 FY2024	Dec 29, 2024	$22.43M	-35.1%
Q3 FY2024	Sep 29, 2024	$24.22M	+79.3%
Q2 FY2024	Jun 30, 2024	$29.07M	+75.6%
Q1 FY2024	Mar 31, 2024	$48.79M	+105.4%
Q4 FY2023	Dec 31, 2023	$34.58M	+122.5%
Q3 FY2023	Oct 1, 2023	$13.51M	-3.2%
Q2 FY2023	Jul 2, 2023	$16.55M	+4.6%
Q1 FY2023	Apr 2, 2023	$23.75M	+86.5%
Q4 FY2022	Jan 1, 2023	$15.55M	+25.0%
Q3 FY2022	Oct 2, 2022	$13.95M	+35.4%
Q2 FY2022	Jul 3, 2022	$15.83M	+66.2%
Q1 FY2022	Apr 3, 2022	$12.73M	+127.8%
Q4 FY2021	Jan 2, 2022	$12.44M	+148.7%
Q3 FY2021	Oct 3, 2021	$10.30M	+170.6%
Q2 FY2021	Jun 30, 2021	$9.52M	–
Q1 FY2021	Mar 31, 2021	$5.59M	–
Q4 FY2020	Dec 31, 2020	$5.00M	–
Q3 FY2020	Sep 30, 2020	$3.81M	–