Financial insights of ENVX

MyFinsight

For the year ending 2025-12-28, ENVX made $31,821K in revenue. -$156,741K in net income. Net profit margin of -492.57%.

Income Statement	2025-12-28	2024-12-29	2023-12-31	2023-01-01
Revenue	31,821	23,074	7,644	6,202
Cost of revenue	25,716	25,119	63,061	23,239
Gross profit (loss)	6,105	-2,045	-55,417	-17,037
Research and development	110,331	124,506	88,392	58,051
Selling, general and administrative	73,028	74,311	79,014	51,970
Impairment of equipment	0	0	4,411	4,921
Restructuring cost	0	41,807	3,021	-
Total operating expenses	183,359	240,624	174,838	114,942
Loss from operations	-177,254	-242,669	-230,255	-131,979
Change in fair value of common stock warrants	-21,832	-12,244	-6,180	-75,180
Issuance of convertible preferred stock warrants	-	-	-	0
Change in fair value of convertible promissory notes	-	-	-	0
Gain on bargain purchase of assets	4,761	-	-	-
Gain on extinguishment of paycheck protection program loan	-	-	-	0
Interest income	12,998	12,332	14,070	-
Interest income (expense), net	-	-	-	5,231
Interest expense	21,597	6,787	4,456	-
Other income (expense), net	1,341	954	-304	-54
Total other income (expense), net	19,335	18,743	15,490	80,357
Loss before income tax benefit	-157,919	-223,926	-214,765	-
Income tax benefit	-1,312	-1,392	-633	-
Net loss	-156,607	-222,534	-214,132	-
Net gain (loss) attributable to non-controlling interests	134	-293	-61	-
Net loss attributable to enovix	-156,741	-222,241	-214,071	-51,622

Basic EPS	-0.75	-1.27	-1.35	-0.34
Diluted EPS	-0.75	-1.27	-1.38	-0.82
Basic Average Shares	207,635,870	175,038,107	159,065,697	152,918,287
Diluted Average Shares	207,635,870	175,038,107	159,575,555	154,149,367