Company research
Enovix Corp
CIK 1828318Updated Sep 26, 2026
SecurityENVX · NASDAQ · equity
Name history
Rodgers Silicon Valley Acquisition Corp · through Jul 14, 2021
ENVX price & chart
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NASDAQ:ENVX on TradingView ↗About the company
Enovix develops and manufactures advanced lithium-ion batteries, including proprietary silicon-anode architectures for smartphones, smart eyewear, defense, industrial and emerging edge-AI applications. Its proprietary silicon-anode battery architecture enables higher energy density and performance in space-constrained devices while maintaining safety and reliability, supporting commercialization across consumer and industrial markets.
In the news
Enovix to Report First Quarter 2026 Financial Results on May 13, 2026 ↗
HALPER SADEH LLC ENCOURAGES ENOVIX CORP. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS News provided by Halper Sadeh LLP Dec 24, 2025, 10:40 ET Share this article Share to X Share this article Share to X Shareholders should contact the firm immediately as there may be limited time to enfo ↗
HALPER SADEH LLC ENCOURAGES ENOVIX CORP. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS News provided by Halper Sadeh LLP Nov 28, 2025, 18:28 ET Share this article Share to X Share this article Share to X Shareholders should contact the firm immediately as there may be limited time to enfo ↗
Recent filings
4 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 878,975,000Source | 527,169,000Source | 564,304,000Source | 482,565,000Source |
| Property, Plant and Equipment, NetUSD | 170,263,000Source | 167,947,000Source | 166,471,000Source | 76,613,000Source |
| GoodwillUSD | 12,217,000Source | 12,217,000Source | 12,098,000Source | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 31,638,000Source | 36,394,000Source | 42,168,000Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 106,014,000Source | 272,869,000Source | 233,121,000Source | 385,293,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 4,421,000Source | 4,566,000Source | 909,000Source | — |
| Inventory, NetUSD | 13,617,000Source | 7,664,000Source | 8,737,000Source | — |
| Assets, CurrentUSD | 542,210,000Source | 295,006,000Source | 323,177,000Source | 398,121,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 8,120,000Source | 9,903,000Source | 5,202,000Source | 8,274,000Source |
| Operating Lease, Right-of-Use AssetUSD | 11,682,000Source | 13,479,000Source | 15,290,000Source | 6,669,000Source |
| Other Assets, NoncurrentUSD | 4,155,000Source | 2,126,000Source | 5,100,000Source | 1,162,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 604,964,000Source | 277,766,000Source | 303,201,000Source | 156,448,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 22,000Source | 19,000Source | 17,000Source | 15,000Source |
| Additional Paid in CapitalUSD | 1,307,912,000Source | 1,067,951,000Source | 857,037,000Source | 659,254,000Source |
| Retained Earnings (Accumulated Deficit)USD | -977,827,000Source | -821,086,000Source | -598,845,000Source | -333,152,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -508,000Source | -143,000Source | -62,000Source | — |
| Stockholders' Equity Attributable to ParentUSD | 271,214,000Source | 246,741,000Source | 258,147,000Source | 326,117,000Source |
| Liabilities and EquityUSD | 878,975,000Source | 527,169,000Source | 564,304,000Source | 482,565,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 65,016,000Source | 53,701,000Source | 61,018,000Source | 20,636,000Source |
| Operating Lease, Liability, CurrentUSD | 3,149,000Source | 2,645,000Source | — | — |
| Accounts Payable, CurrentUSD | 17,818,000Source | 9,492,000Source | 21,251,000Source | 3,144,000Source |
| Operating Lease, Liability, NoncurrentUSD | 11,244,000Source | 13,293,000Source | 15,594,000Source | 9,071,000Source |
| Deferred Income Tax Liabilities, NetUSD | 9,119,000Source | 8,784,000Source | 10,803,000Source | — |
| Other Liabilities, NoncurrentUSD | 14,000Source | 14,000Source | 13,000Source | 191,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 2,797,000Source | 2,662,000Source | 2,956,000Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 13,992,000Source | 19,843,000Source | 13,976,000Source | 7,109,000Source |
| Deferred Tax Liabilities, NetUSD | 9,119,000Source | 8,784,000Source | 10,803,000Source | 0Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 230,000Source | 170,000Source | 1,605,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 519,271,000Source | 169,820,000Source | 169,099,000Source | — |
| Short-term InvestmentsUSD | 406,026,000Source | 0Source | 73,694,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -156,607,000Source | -222,534,000Source | -214,132,000Source | -125,874,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 35,112,000Source | 44,961,000Source | 34,009,000Source | 995,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 3,935,000Source | 2,465,000Source | 370,000Source | — |
| Increase (Decrease) in InventoriesUSD | 5,510,000Source | -1,073,000Source | -4,509,000Source | — |
| Increase (Decrease) in Accounts PayableUSD | 4,690,000Source | -7,970,000Source | 6,096,000Source | 1,523,000Source |
| Deferred Income Tax Expense (Benefit)USD | -1,373,000Source | -2,697,000Source | -813,000Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -95,291,000Source | -108,633,000Source | -104,636,000Source | -51,306,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 0Source | 9,968,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -538,269,000Source | -1,379,000Source | -142,956,000Source | -43,584,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 18,223,000Source | 76,188,000Source | 61,795,000Source | 43,584,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 6,543,000Source | 7,079,000Source | 3,931,000Source | — |
| Payments for Repurchase of Common StockUSD | 58,385,000Source | 4,000Source | 26,000Source | 27,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 467,384,000Source | 150,749,000Source | 159,585,000Source | 451,090,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -166,712,000Source | 39,568,000Source | -87,853,000Source | 356,200,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 107,979,000Source | 274,691,000Source | 235,123,000Source | 385,418,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 5,668,000Source | 5,694,000Source | 2,757,000Source | — |
| Income Taxes Paid, NetUSD | 1,134,000Source | 185,000Source | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -536,000Source | -1,169,000Source | 154,000Source | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 49,367,000Source | 58,837,000Source | 69,452,000Source | 10,711,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 9,222,000Source | — | — | — |
| Amortization of Intangible AssetsUSD | 4,800,000Source | 4,700,000Source | 800,000Source | — |
| DepreciationUSD | 28,923,000Source | 38,183,000Source | 33,870,000Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | -60,000Source |
| GoodwillUSD | 12,217,000Source | 12,217,000Source | 12,098,000Source | — |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | — |
| Income Tax Expense (Benefit)USD | -1,312,000Source | -1,392,000Source | -633,000Source | 0Source |
| InterestExpenseNonoperatingUSD | 21,597,000Source | 6,787,000Source | — | — |
| Investment Income, InterestUSD | 12,998,000Source | 12,332,000Source | 14,070,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -156,741,000Source | -222,241,000Source | -214,071,000Source | -125,874,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 134,000Source | -293,000Source | -61,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -156,741,000Source | -222,241,000Source | -214,071,000Source | -125,874,000Source |
| Nonoperating Income (Expense)USD | 19,335,000Source | 18,743,000Source | 15,490,000Source | -56,352,000Source |
| Operating Costs and ExpensesUSD | — | — | — | 1,967,000Source |
| Operating ExpensesUSD | 183,359,000Source | 240,624,000Source | 174,838,000Source | 69,522,000Source |
| Other Nonoperating Income (Expense)USD | 1,341,000Source | 954,000Source | -304,000Source | -24,000Source |
| Payments to Acquire InvestmentsUSD | 584,938,000Source | 31,812,000Source | 138,343,000Source | — |
| Proceeds from Issuance of Common StockUSD | 0Source | 107,192,000Source | — | — |
| Proceeds from Issuance of Long-term DebtUSD | — | 4,572,000Source | 172,500,000Source | — |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 74,892,000Source | 106,621,000Source | 67,150,000Source | — |
| Proceeds from Stock Options ExercisedUSD | 3,342,000Source | 44,771,000Source | 11,928,000Source | 190,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 31,821,000Source | 23,074,000Source | 7,644,000Source | — |
| Cost of RevenueUSD | — | 25,119,000Source | 63,061,000Source | — |
| Selling, General and Administrative ExpenseUSD | 73,028,000Source | 74,311,000Source | 79,014,000Source | 29,705,000Source |
| Operating Income (Loss)USD | -177,254,000Source | -242,669,000Source | -230,255,000Source | -69,522,000Source |
| Other Nonoperating Income (Expense)USD | 1,341,000Source | 954,000Source | -304,000Source | -24,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -157,919,000Source | -223,926,000Source | -214,765,000Source | -125,874,000Source |
| Income Tax Expense (Benefit)USD | -1,312,000Source | -1,392,000Source | -633,000Source | 0Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 134,000Source | -293,000Source | -61,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -156,741,000Source | -222,241,000Source | -214,071,000Source | -125,874,000Source |
| Earnings Per Share, BasicUSD per share | -0.75Source | -1.27Source | -1.35Source | — |
| Earnings Per Share, DilutedUSD per share | -0.75Source | -1.27Source | -1.38Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 207,635,870Source | 175,038,107Source | 159,065,697Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 207,635,870Source | 175,038,107Source | 159,575,555Source | — |
| Interest Expense (non-operating)USD | 21,597,000Source | 6,787,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 4,800,000Source | 4,700,000Source | 800,000Source | — |
| Current Income Tax Expense (Benefit)USD | 61,000Source | 1,305,000Source | 180,000Source | — |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | — |
| Gross ProfitUSD | 6,105,000Source | -2,045,000Source | -55,417,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -152,092,000Source | -219,494,000Source | -207,948,000Source | -125,797,000Source |
| Interest ExpenseUSD | — | — | 4,456,000Source | — |
| Interest Expense, DebtUSD | 12,371,000Source | 6,787,000Source | 4,447,000Source | — |
| Interest Income (Expense), NetUSD | — | — | — | -187,000Source |
| Investment Income, InterestUSD | 12,998,000Source | 12,332,000Source | 14,070,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -156,741,000Source | -222,241,000Source | -214,071,000Source | -125,874,000Source |
| Nonoperating Income (Expense)USD | 19,335,000Source | 18,743,000Source | 15,490,000Source | -56,352,000Source |
| Operating Costs and ExpensesUSD | — | — | — | 1,967,000Source |
| Operating ExpensesUSD | 183,359,000Source | 240,624,000Source | 174,838,000Source | 69,522,000Source |
| Preferred Stock, Dividends Per Share, DeclaredUSD per share | — | — | — | 0Source |
| Research and Development ExpenseUSD | 110,331,000Source | 124,506,000Source | 88,392,000Source | 37,850,000Source |
Filing attachments
ea030231801ex99-1.htm · 8-K · 2026-08-17
EX-99.1 2 ea030231801ex99-1.htm PRESS RELEASE, DATED AUGUST 17, 2026 Exhibit 99.1 Enovix Announces CEO Transition and Search Board Appoints CFO Ryan Benton as Interim CEO and T.J. Rodgers as Executive Chairman FREMONT, Calif., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix” or the “Company,” Nasdaq: ENVX), a developer and manufacturer of advanced lithium-ion batteries, today announced that Raj Talluri has resigned his position as CEO and director of the Company, effective …
Read attachment ↗envx8k-q22026x8122026ex991.htm · 8-K · 2026-08-12
EX-99.1 2 envx8k-q22026x8122026ex991.htm EX-99.1 Document Exhibit 99.1 Enovix Reports Second Quarter 2026 Results Second Quarter Revenue of $9.0 Million, Up 21% Year-over-Year, at High End of Guidance; First Half 2026 Revenue of $16.6 Million, Up 32% Year-over-Year Lead Smartphone Customer Confirms Passing More than 1,000 Cycles under the 0.2C Discharge Cycle Test1; Final Accelerated Cycle-Life Test for Smartphone Qualification Underway, with Completion Expected in 2026 FREMONT, Calif.,…
Read attachment ↗envx8k-q12026x5132026ex991.htm · 8-K · 2026-05-13
EX-99.1 2 envx8k-q12026x5132026ex991.htm EX-99.1 Document Exhibit 99.1 Enovix Reports First Quarter 2026 Results Enovix Begins Commercial Production of Silicon-Anode Smart Eyewear Battery Enovix Advances Toward Smartphone Qualification Completion FREMONT, Calif., May 13, 2026 -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a developer and manufacturer of advanced lithium-ion batteries, including proprietary silicon-anode architectures, today reported financial results for the first qua…
Read attachment ↗