ENVX - NASDAQ

Enovix Corporation

ENVX·NASDAQ

$8.23

-4.1%

IndustrialsElectrical Equipment & Parts

Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.80B

EPS-0.7500

P/E Ratio-10.97

Earnings Date07/30/2026

880.35M

Assets

67%

3Y+100.0%

5Y+82.0%

10Y+5199.0%

606.34M

Total Liabilities

118%

3Y+620.0%

5Y+288.0%

10Y+4598.0%

274.01M

Total Equity

10%

3Y-23.0%

5Y-16.0%

10Y+7290.0%

Enovix Corporation Funding & Solvency Profile

ENVX · NASDAQ

Current Assets

Cash & Cash Equivalents106.01M

Net Receivables8.43M

Inventory13.62M

Other Current Assets8.12M

Total Current Assets542 M

Non-Current Assets

Property, Plant & Equipment181.94M

Goodwill & Intangible Assets43.85M

Long-Term Investments106.81M

Other Non-Current Assets4.15M

Total Non-Current Assets293 M

Total Assets

880.35M

Financial Health Analysis

Current Ratio

8.34x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

2.21x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

477 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

62% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Enovix Corporation Balance Sheet

ENVX • NASDAQ

Enovix Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Jan 2023	Dec 2022	Jan 2022	Dec 2021	Dec 2020	Dec 2019
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	106M	272.9M	233.1M	322.9M	322.9M	385.3M	385.3M	29.1M	10.2M
Short-Term Investments	406M	0.0	73.7M	0.0	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	512M	272.9M	306.8M	322.9M	322.9M	385.3M	385.3M	29.1M	10.2M
Net Receivables	8.4M	4.6M	2.4M	170K	170K	0.0	0.0	0.0	0.0
Accounts Receivables	8.4M	4.6M	909K	170K	170K	0.0	0.0	0.0	0.0
Other Receivables	0.0	4K	1.5M	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	13.6M	7.7M	8.7M	634K	634K	0.0	0.0	0.0	0.0
Prepaids	0.0	0.0	0.0	0.0	0.0	8.3M	8.3M	946K	0.0
Other Current Assets	8.1M	9.9M	5.2M	6M	6M	4.6M	4.6M	3M	369K
Total Current Assets	542.2M	295M	323.2M	329.6M	329.6M	398.1M	398.1M	33M	10.6M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	181.9M	181.4M	181.8M	110M	110M	83.3M	83.3M	31.3M	4.9M
Goodwill	12.2M	12.2M	12.1M	0.0	0.0	0.0	0.0	0.0	0.0
Intangible Assets	31.6M	36.4M	42.2M	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	43.9M	48.6M	54.3M	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	106.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Assets	1.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	4.2M	2.1M	5.1M	937K	937K	1.2M	1.2M	630K	1.1M
Total Non-Current Assets	338.1M	232.2M	241.1M	110.9M	110.9M	84.4M	84.4M	31.9M	6M
Total Assets	880.3M	527.2M	564.3M	440.6M	440.6M	482.6M	482.6M	65M	16.6M
LIABILITIES
CURRENT LIABILITIES
Total Payables	17.8M	13.1M	24.1M	9.6M	9.6M	3.1M	3.1M	2.1M	257K
Accounts Payable	17.8M	9.5M	21.3M	7.1M	7.1M	3.1M	3.1M	2.1M	257K
Other Payables	0.0	3.6M	2.8M	2.5M	2.5M	0.0	0.0	0.0	0.0
Accrued Expenses	6.2M	16.3M	11.1M	4.6M	4.6M	7.1M	7.1M	2M	0.0
Short Term Debt	9.9M	9.5M	5.9M	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	3.6M	2.8M	2.5M	2.5M	0.0	0.0	0.0	0.0
Deferred Revenue	5M	3.7M	6.7M	50K	50K	5.6M	5.6M	5.4M	0.0
Other Current Liabilities	26.1M	11.3M	13.2M	8.8M	8.8M	4.8M	4.8M	1.4M	512K
Total Current Liabilities	65M	53.7M	61M	23M	23M	20.6M	20.6M	10.9M	1M
NON-CURRENT LIABILITIES
Long Term Debt	519.3M	169.8M	169.1M	0.0	0.0	0.0	0.0	0.0	5.7M
Deferred Revenue (Non-Current)	300K	3.8M	3.8M	3.7M	3.7M	2.3M	2.3M	85K	0.0
Deferred Tax Liabilities (Non-Current)	10.5M	8.8M	10.8M	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	14K	28.4M	42.9M	49.2M	49.2M	124.5M	124.5M	17.8M	6.2M
Total Non-Current Liabilities	541.3M	224.1M	242.2M	61.1M	61.1M	135.8M	135.8M	17.9M	11.9M
Capital Lease Obligations	11.2M	13.3M	15.6M	8.2M	8.2M	9.1M	9.1M	0.0	0.0
Total Liabilities	606.3M	277.8M	303.2M	84.2M	84.2M	156.4M	156.4M	28.7M	12.9M
SHAREHOLDERS' EQUITY
Treasury Stock	-58.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	130.7M
Common Stock	22K	19K	17K	15K	15K	15K	15K	10K	59K
Additional Paid-In Capital	1.3B	1.1B	857M	741.2M	741.2M	659.3M	659.3M	243.5M	0.0
Retained Earnings	-977.8M	-821.1M	-598.8M	-384.8M	-384.8M	-333.2M	-333.2M	-207.3M	-167.6M
Accumulated Other Comprehensive Income/Loss	-508K	-143K	-62K	0.0	0.0	0.0	0.0	0.0	0.0
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	40.6M
Total Stockholders' Equity	271.2M	246.7M	258.1M	356.4M	356.4M	326.1M	326.1M	36.2M	3.7M
Total Equity	274M	249.4M	261.1M	356.4M	356.4M	326.1M	326.1M	36.2M	3.7M
Minority Interest	2.8M	2.7M	3M	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	880.3M	527.2M	564.3M	440.6M	440.6M	482.6M	482.6M	65M	16.6M
Total Investments	512.8M	0.0	73.7M	0.0	0.0	0.0	0.0	0.0	0.0
Total Debt	540.4M	192.6M	190.6M	8.2M	8.2M	9.1M	9.1M	0.0	5.7M
Net Debt	434.4M	-80.3M	-42.5M	-314.6M	-314.6M	-376.2M	-376.2M	-29.1M	-4.6M
Shares Outstanding	191,601,265	191,601,265	191,601,265	191,601,265	191,601,265	191,601,265	191,601,265	191,601,265	191,601,265

SEC Filings

ENVX - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q2 Q2	May 14, 2026	April 05, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 13, 2026	May 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 05, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 24, 2026	June 11, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	February 26, 2026	December 28, 2025	2025	View Filing
10-K 10-K 2025 FY FY	February 25, 2026	December 28, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 25, 2026	February 25, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 20, 2026	January 19, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	November 05, 2025	September 28, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 05, 2025	November 05, 2025	2025	View Filing

Showing 1 to 10 of 115 filings

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