Enovix vs E-power
E-power is the larger business, with $46.4m of revenue in fiscal 2025 against $31.8m for Enovix (1.5 times as much). Enovix grew faster (37.9% against -28.6%). E-power kept more of each dollar of sales as profit: a net margin of -35.8% against -492.6%.
| Latest fiscal year | EnovixENVX, 2025 | E-powerEPOW, 2025 |
|---|---|---|
| Revenue | $31.8m | $46.4m |
| Revenue growth | 37.9% | -28.6% |
| Net income | −$157m | −$16.6m |
| Operating margin | — | — |
| Net margin | -492.6% | -35.8% |
| Return on equity | -60.5% | — |
| Free cash flow | −$114m | −$31.6m |
| Cash | $106m | $21.8m |
| Total debt | $533m | $74.8m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $58.4m | — |
| Employees | 664 | — |
| Market value | $646m | $106m |
| Price vs our value range | — | — |
| Moat score | 12 (Weak) | — |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 0 sales |