YOLFTbeta
Enovix Corp

Enovix Corp

ENVX · NASDAQ · Industrials / Electrical Equipment & Parts

1.60USD-0.20 (-11.36%)

Price History

Full chart

Market Stats

Previous Close1.81
Open1.82
Day Range1.53 – 1.82
52-Week Range2.79 – 14.21
Volume19.24M
Market Cap649.57M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.79
Dividend Yield0.00%
Beta2.30
50-Day Avg3.74
200-Day Avg5.85

About

Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally. It serves wearables and IoT, smartphone, computing, electrical vehicles, and original equipment manufacturers. The company was founded in 2006 and is headquartered in Fremont, California.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Ryan A. Benton
  • Employees664
  • Headquarters3501 West Warren Avenue, Fremont, CA, United States, 94538, USA
  • Websitehttps://www.enovix.com

Leadership

  • Mr. Ryan A. BentonCFO & Interim CEO · b. 1971
  • Ms. Arthi ChakravarthyChief Legal Officer, General Counsel, Secretary & Head of Corporate Development · b. 1979
  • Dr. Robert M. SpotnitzFounder
  • Dr. Michael VyvodaChief Operating Officer · b. 1973
  • Ms. Kristina TruongSenior VP & Chief Accounting Officer
  • Dr. Hongwei YanChief Technology Officer
  • Mr. Robert LaheyHead of Investor Relations
  • Mr. Steven R. BakosSenior Vice President of Worldwide Sales · b. 1967
  • Ms. Iryna RomanivChief Human Resources Officer
  • Dr. James Wilcox Ph.D.VP of Business Development & Head of Enovix Mobility

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-01206.20M263.00K23.07M31.82M
Growth (%)---+5168233.33%-95.76%+8673.38%+37.91%
Cost of Revenue161.00K3.38M1.97M23.24M43.29M25.12M59.44M
Gross Profit-161.00K-3.38M-1.97M-17.04M-43.03M-2.04M-27.62M
Gross Margin---1639166.67%-274.70%-16360.84%-8.86%-86.79%
Operating Expense16.35M20.16M67.56M110.02M122.45M240.62M148.94M
Operating Income-16.51M-23.53M-69.52M-127.06M-165.48M-242.67M-176.55M
Operating Margin---57935000.00%-2048.66%-62919.39%-1051.70%-554.83%
EBITDA-16.00M-22.95M-124.20M-43.65M-165.48M-172.18M-102.60M
EBITDA Margin---103496666.67%-703.81%-62919.39%-746.20%-322.43%
Net Income-16.19M-39.65M-125.87M-51.62M-154.09M-222.24M-156.74M
Net Income Margin---104895000.00%-832.34%-58590.87%-963.17%-492.57%
R&D12.15M14.44M37.85M58.05M53.81M124.51M110.33M
R&D as % of Total Revenue--31541666.67%936.00%20460.08%539.59%346.72%
Interest Expense0107.00K187.00K5.23M2.83M6.79M21.60M
Interest Expense % of Total Revenue--155833.33%84.34%1074.90%29.41%67.87%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets16.61M64.96M482.56M440.59M564.30M527.17M880.35M
Total Liabilities12.91M28.75M156.45M84.16M303.20M277.77M606.34M
Total Equity3.71M36.22M326.12M356.43M258.15M246.74M271.21M
Cash10.23M29.14M385.29M322.85M233.12M272.87M106.01M
Total Debt5.65M-9.07M8.23M190.61M192.56M540.38M
Net Debt-4.58M-29.14M-376.22M-314.62M-42.51M-80.30M434.37M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-10.98M-20.05M-51.31M-82.74M-104.64M-108.63M-95.29M
Investing Cash Flow-1.65M-26.95M-43.58M-36.21M-142.96M-1.38M-538.27M
Financing Cash Flow5.79M65.92M451.09M56.51M159.59M150.75M467.38M
Capital Expenditure1.65M26.95M43.58M36.21M61.80M76.19M18.22M
Free Cash Flow-12.63M-47.00M-94.89M-118.95M-166.43M-184.82M-113.51M
FCF to OCF115.03%234.43%184.95%143.77%159.06%170.13%119.12%

Earnings

Report DateMar 31, 2020Jun 30, 2020Nov 12, 2020Mar 8, 2021Jun 2, 2021Aug 10, 2021Nov 8, 2021Mar 3, 2022May 11, 2022Aug 10, 2022Nov 1, 2022Feb 22, 2023Apr 26, 2023Jul 26, 2023Nov 7, 2023Feb 20, 2024May 1, 2024Jul 31, 2024Oct 29, 2024Feb 18, 2025Apr 30, 2025Jul 31, 2025Nov 5, 2025Feb 25, 2026May 13, 2026Aug 12, 2026Nov 4, 2026
EPS Estimate0.000.000.000.00---0.09-0.15-0.13-0.17-0.16-0.16-0.21-0.22-0.23-0.27-0.29-0.23-0.20-0.19-0.17-0.15-0.22-0.17-0.15-0.20-0.21
EPS Actual-0.13-0.090.00-0.01-0.22-0.21-0.12-0.18-0.13-0.18-0.15-0.19-0.20-0.19-0.19-0.28-0.31-0.14-0.17-0.11-0.15-0.13-0.20-0.14-0.14-0.19-
Surprise-------33.33%-20.00%0.00%-5.88%6.25%-18.75%4.76%13.64%17.39%-3.70%-6.90%39.13%15.00%42.11%11.76%13.33%9.09%17.65%6.67%5.00%-
Timing---After-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap649.57M
Enterprise Value707.97M
Trailing P/E0.00
Forward P/E0.00
Price / Sales18.10
Price / Book3.08
EPS-0.79
Book Value0.982
Revenue (TTM)35.88M
Gross Profit (TTM)6.76M
EBITDA-140.91M
Profit Margin0.00%
Operating Margin-479.79%
Return on Equity-81.28%
Return on Assets-17.55%
Shares Outstanding219.45M
Shares Float189.60M
Beta2.30
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 13 analystsTarget 11.35
  • Strong Buy
    9
  • Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
51.74%
Insiders
11.72%
Retail / Other
36.54%

Top Institutional Holders

  • BlackRock Inc
    15.33M6.99%
  • Vanguard Capital Management, LLC
    8.38M3.82%
  • Vanguard Portfolio Management, LLC
    8.05M3.67%
  • UBS Group AG
    5.77M2.63%
  • Geode Capital Management, LLC
    4.87M2.22%
  • Electron Capital Partners, LLC
    4.79M2.18%
  • State Street Corp
    4.32M1.97%
  • Royal Bank of Canada
    2.49M1.14%
  • CenterBook Partners LP
    2.04M0.93%
  • Masters Capital Management LLC
    2.00M0.91%
  • Fred Alger Management, LLC
    1.97M0.90%
  • Susquehanna International Group, LLP
    1.81M0.83%
  • Morgan Stanley - Brokerage Accounts
    1.81M0.83%
  • Tudor Investment Corp Et AL
    1.67M0.76%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    5.90M2.69%
  • iShares Russell 2000 ETF
    5.07M2.31%
  • Vanguard Small Cap Index
    4.27M1.95%
  • Vanguard MStar Small Cap Growth Indx Inv
    2.44M1.11%
  • Fidelity Small Cap Index
    2.15M0.98%
  • iShares Russell 2000 Growth ETF
    1.85M0.84%

Stock Splits

  • Nov 13, 20265:4