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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
$2.53−0.11 (-4.17%)

Close on Nov 11, 2026Market cap $555.21MP/E –Yield –

Enovix Corp grew revenue 34.9% to $35.88M over the twelve months to Jul 5, 2026. Free cash flow was -$124.20M. At the latest close the market valued the company at $555.21M.

Revenue
$35.88M
+34.9% vs. a year earlier
Operating income
-$178.15M
TTM Q2 2026
Free cash flow
-$124.20M
TTM Q2 2026
EPS, diluted
-$0.81
TTM Q2 2026

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Jul 5, 2026

Valuation

Market cap
$555.21M
P/E ratio
–
Price to sales
15.47
Price to book
2.64
Dividend yield
–
Free cash flow yield
-22.37%

Fundamentals

Revenue
$35.88M
Net income
-$170.03M
EPS, diluted
-$0.81
Free cash flow
-$124.20M
Book value per share
$0.96
Diluted shares
219M

Trading

Next earnings
Feb 24, 2027 (estimated, after the close)
Previous close
$2.64
Open
$2.76
Day's range
$2.52 – $2.77
Volume
6,927,374
Average volume (20 days)
10,062,606
Index membership
Russell 2000 (since Jun 2022), Russell 3000 (since Aug 2022)
Beta (5 years)
2.56
52-week range
$2.19 – $9.19
RSI (14 days)
43.7
Volatility (1 year)
90.3%
Relative volume
0.87×
WACC
11.2%

Index membership is inferred from the holdings of funds that track each index (IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.

Market cap history

Month-end market cap since 2021, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

PeriodENVXS&P 500DifferenceENVX per yearS&P 500 per year
1 month+2.8%-2.4%+5.3 pts
3 months-47.6%-1.2%−46.5 pts
Year to date-65.4%+12.3%−77.7 pts
1 year-71.4%+12.4%−83.8 pts
3 years-75.8%+78.8%−154.6 pts-37.7%+21.4%
5 years-92.2%+75.2%−167.4 pts-40.0%+11.9%

Seven years at a glance

Fiscal years 2019 to 2025 and trailing twelve months, USD

Revenue

$35.88M+34.9% YoY

Gross profit

$6.76M+158.6% YoY

Operating income

-$178.15M

Net income

-$170.03M

EPS, diluted

-$0.81

Free cash flow

-$124.20M
Reported periodTrailing twelve months

Press releases

Releases Enovix filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Enovix

Miscellaneous Electrical Machinery, Equipment & Supplies

Enovix Corporation designs, develops, manufactures, and commercializes advanced lithium-ion batteries featuring proprietary silicon-anode architectures. Its primary offerings include the AI-1 battery platform, rechargeable coin cells, and flexible, asymmetric, and high-power polymer battery series. These solutions serve original equipment manufacturers and original design manufacturers producing smartphones, smart eyewear, internet-of-things devices, and edge artificial intelligence applications. The company also produces custom battery cells and packs for defense and industrial clients across aerospace, subsea, healthcare, and public safety sectors. Operating as a single business segment, Enovix focuses on supplying high-capacity, space-constrained, and mission-critical power solutions.

Company profile, executives and history

Enovix stock: common questions

What is Enovix's stock price?

ENVX closed at $2.53 on Nov 11, 2026, down 4.17% on the day. Over the past 52 weeks it traded between $2.19 and $9.19.

What is Enovix's market cap?

Enovix was worth $555.21M at the close on Nov 11, 2026: the share price times the diluted shares outstanding.

What is ENVX's P/E ratio?

Enovix lost money over the twelve months to Jul 5, 2026 (diluted EPS -$0.81), so it has no meaningful P/E ratio.

How much revenue does Enovix make?

Enovix reported revenue of $35.88M for the twelve months to Jul 5, 2026, up 34.9% from a year earlier.

Does Enovix pay a dividend?

No. Enovix has not paid a cash dividend over the last twelve months.

When does Enovix report earnings next?

Enovix is expected to report Q4 FY2026 results on Feb 24, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.

How has ENVX stock performed over the past year?

Including dividends, ENVX returned -71.4% over the past year, against +12.4% for the S&P 500.

How many ENVX shares are sold short?

50M shares were sold short at the latest FINRA report, 27.48% of the float, or 4.1 days of average trading volume.

Who are Enovix's competitors?

Companies most similar to Enovix by business, industry and size include FLUX, DFLI, SES, AMPX, ELVA.

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