Financial insights of ENVX

MyFinsight

For the quarter ending 2025-09-28, ENVX made $7,990K in revenue. -$53,713K in net income. Net profit margin of -672.25%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-28	2025-06-29	2025-03-30	2024-12-29
Revenue	7,990	7,468	5,098	9,717
Cost of revenue	6,589	5,526	4,837	8,665
Gross profit (loss)	1,401	1,942	261	1,052
Research and development	28,180	28,148	25,929	22,433
Selling, general and administrative	20,194	17,527	16,892	13,135
Impairment of equipment	-	-	-	1,230.25
Restructuring cost	0	0	-	0
Total operating expenses	48,374	45,675	42,821	35,568
Loss from operations	-46,973	-43,733	-42,560	-34,516
Change in fair value of common stock warrants	-1,867	5,885	-15,796	5,115
Gain on bargain purchase of assets	0	4,761	-	-
Interest income	2,540	2,427	2,434	2,587
Interest expense	11,765	1,705	1,716	1,689
Other income (loss), net	140	-992	2,353	2,463
Total other income (loss), net	-7,218	-1,394	18,867	-1,784
Loss before income tax expense (benefit)	-54,191	-45,127	-23,693	-29,257.75
Income tax expense (benefit)	-422	-861	-162	1,152
Net loss	-53,769	-44,266	-23,531	-37,452
Net gain (loss) attributable to non-controlling interests	-56	262	-21	13
Net loss attributable to enovix	-53,713	-44,528	-23,510	-37,465

Net loss per share attributable to enovix shareholders, basic (in dollars per share)	-0.26	-0.22	-0.12	-0.19
Net loss per share attributable to enovix shareholders, diluted (in dollars per share)	-0.27	-0.22	-0.12	-0.02
Weighted average number of common shares outstanding, basic (in shares)	206,458,846	204,819,119	191,304,975	-342,186,561
Weighted-average shares outstanding used in computing net loss per share of common stock, diluted (in shares)	206,811,315	204,819,119	191,304,975	-342,378,365