profit from every $100 of sales.
$0$100
Enovix
$2.53-4.17% today
-71.4% in 1 year
1-year low $2.251-year high $9.13
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Enovix sold, what it kept, and what it did with the cash.
Sales went from $6.20 million in 2022 to $31.8 million in 2025, with -$157 million of profit last year.
SalesProfit
Enovix vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Enovix | No profit yet | ||
 Contemporary Amperex Technology | 21.1× · Fair price | ||
 ABB | 32.4× · Expensive | ||
 Vertiv | 59.7× · Expensive | ||
 Delta Electronics (Thailand) Public | 97.8× · Very expensive |
AI analysis
An AI analyst reads Enovix's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 6 | 8 | 23 | 32 | |
| -17 | -55 | -2 | 6 | |
| -127 | -223 | -201 | -177 | |
| -44 | -176 | -172 | -101 | |
| -52 | -214 | -222 | -157 | |
| -0.82 | -1.38 | -1.27 | -0.75 | |
| -274.7% | -725.0% | -8.9% | 19.2% | |
| -2,048.7% | -2,915.0% | -870.5% | -557.0% | |
| -832.3% | -2,800.5% | -963.2% | -492.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 441 | 564 | 527 | 879 |
| Cash | 323 | 233 | 273 | 106 |
| Total debt | 8 | 191 | 193 | 540 |
| Total liabilities | 84 | 303 | 278 | 605 |
| 356 | 258 | 247 | 271 | |
| 154 | 160 | 175 | 208 | |
| -11.2% | -37.0% | -39.0% | -13.3% | |
| -14.5% | -82.9% | -90.1% | -57.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -83 | -105 | -109 | -95 | |
| 36 | 62 | 76 | 18 | |
| -119 | -166 | -185 | -114 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 0 | 58 | |
| 30 | 69 | 59 | 49 |
Valuation
- –
- –
- –
- 5.1×
- 17.4×
- –
- –
- -20.4%
- -28.2%
- 0.0%
Profitability
- 19.2%
- -557.0%
- -492.6%
- -318.1%
- -21.3%
- -33.9%
- -62.4%
- -17.8%
- -21.7%
- 345.4%
Growth
- +72.5%
- –
- +38.6%
- –
- +15.4%
Financial health
- –
- 1.99
- 61.4%
- -8.2×
- 8.34
- 8.13
- 0.04
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 1%of 982
Top 1%of 985
Bottom 2%of 988
What analysts expect
- Average price target
- $17.75
- Range
- $6.00 – $25.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 13, 2026 | -0.14 | -0.15 | +6.7% |
| Feb 25, 2026 | -0.14 | -0.17 | +17.6% |
| Nov 5, 2025 | -0.14 | -0.16 | +12.5% |
| Jul 31, 2025 | -0.13 | -0.15 | +13.3% |
| Apr 30, 2025 | -0.15 | -0.18 | +16.7% |
| Feb 19, 2025 | -0.11 | -0.18 | +38.9% |
| Oct 29, 2024 | -0.17 | -0.20 | +15.0% |
| Jul 31, 2024 | -0.14 | -0.22 | +36.4% |
News
Enovix surges on 100K-unit drone battery orderSeeking Alpha · Oct 13, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
16No pass
Benjamin Graham
27No pass
Philip Fisher
32No pass
Peter Lynch
52No pass
Joel Greenblatt
0No pass
Charlie Munger
18No pass
Terry Smith
29No pass
Questions about Enovix
Is Enovix a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Enovix AI analysis
What does Enovix do?
Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California. It is in Electrical Equipment & Parts.
Does Enovix pay a dividend?
No. Enovix does not pay a dividend at the moment; in 2025 it returned $58.4 million to shareholders by buying back its own shares.
Is Enovix stock halal?
No. Enovix does not pass our halal screen: its debt is 97% of its market value, at or above the 33% limit. How we check
How has Enovix stock done over the past year?
Down 71.4% over the past twelve months, to $2.53. It traded between $2.25 and $9.13 and is 72.3% below its high.
Who are Enovix's competitors?
The largest listed companies in the same industry are Contemporary Amperex Technology, ABB, Vertiv and Delta Electronics (Thailand) Public. The peers table on this page compares their profit, growth and price with Enovix's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.